Settings8H · net · $10k
Funding arb · Price arb /

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SoDEX against Popdex+0.175%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$480.482% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.002%$0 on $10k
Price spread, last 4 days (all we have)−0.138%−$14 · spread now +0.175%, 7d avg 0.000%
Together, before fees−0.137%−$14 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.176% dearer against Popdex than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex SUIUSDT1.02710.0096pay 0.0012% / 1h16m 33s$46K$517K50x
ShortSoDEX SUI-USD1.02890.0100get 0.0013% / 1h16m 33s$14K$2.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Popdex. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0.84
Price spread: +0.175% → 0.000%
$17.55
Slippage, 4 orders
−$33.82
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$29.83
Costs to cover
0.482%
Break-even
255.6 days
Slippage from Popdex: live order book, 37 min ago; SoDEX: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Popdex live order book, 37 min ago7.28 bp16.9 bp −$1738.4 bp −$384doesn't fitdoesn't fit
Sell SoDEX live order book, 2 min ago0.98 bp10.6 bp −$1117.9 bp −$179107.2 bp −$10.7Kdoesn't fit

SUI on 46 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective SUI/USDC PERP−0.3470%1h1.0147−1.207%$42K$123K12xas long as short
Reya SUIRUSDPERP−0.0377%1h1.0261−0.093%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0168%1h1.0278+0.064%$6K$19K7xas long as short
Kraken Futures PF_SUIUSD−0.0067%1h1.0293+0.211%$6.7M$26.7M50xas long as short
dYdX SUI-USD0.0000%1h1.0272+0.010%$129K$227K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0272+0.008%$481K$5.1M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0284+0.127%$200K$572K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0277+0.058%$115K150xas long as short
Bluefin SUI-PERP+0.0040%1h1.0274+0.029%$590K$406K25xas long as short
Lighter SUI+0.0096%1h1.0271−0.001%$779K$5.5M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SUI+0.0096%1h1.0280+0.088%$305K$2.2M10xas long as short
Popdex SUIUSDTlong+0.0096%1h1.0271long leg$46K$517K50x
Paradex SUI-USD-PERP+0.0100%8h1.0277+0.060%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0270−0.005%$582K$2.1M10xas long as short
Aster SUIUSDT+0.0100%8h1.0276+0.053%$887K$4.5M75xas long as short
Pacifica SUI+0.0100%1h1.0273+0.019%$222K$256K10xas long as short
Binance SUIUSDT+0.0100%8h1.0272+0.013%$146.4M$1.03B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0270−0.010%$101.1M$309.0M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0264−0.068%$40.1M$386.5M50xas long as short
Arcus SUI-USD+0.0100%1h1.0280+0.088%$43K$330K10xas long as short
Gate SUI_USDT+0.0100%8h1.0275+0.039%$169.3M$83.0M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0277+0.058%$153.4M$295.8M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0278+0.068%$50.6M$54.1M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0262−0.088%$67.2M$174.0M75xas long as short
BingX SUI-USDC+0.0100%8h1.0275+0.039%$6.5Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0277+0.058%$640K$1.3M20xas long as short
Variational Omni SUI+0.0100%8h1.0261−0.100%$2.4M$3.4Mas long as short
edgeX SUIUSDC+0.0100%4h1.0251−0.194%$166K$4.6M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0257−0.136%$443K$7.6M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0255−0.156%$224K$434K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0279+0.078%$123K$723K10xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0281+0.097%$47K$175K20xas long as short
SunX SUI-USDT+0.0100%8h1.0317+0.448%$2K$1.7M30xas long as short
SoDEX SUI-USDshort+0.0100%1h1.0289+0.175%$14K$2.0M10x
HTX SUI-USDT+0.0100%8h1.0290+0.185%$595K$19.5M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0283+0.117%$11.8M$27.3M50xas long as short
Bulk SUI-USD+0.0100%1h1.0239−0.312%$241K$4K10xas long as short
Extended SUI-USD+0.0104%1h1.0275+0.035%$1.4M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0288+0.166%$39K$11K3xas long as short
01 Exchange SUIUSD+0.0152%1h1.0277+0.058%$9K$3K10xas long as short
BloFin SUI-USDT+0.0220%8h1.0282+0.107%$7.7M$24.7M100xas long as short
Coinbase International SUI-PERP-INTX+0.0248%1h1.0284+0.127%$994K$15.1M50xas long as short
Hyperliquid SUI+0.0368%1h1.0279+0.078%$74.3M$81.1M10xas long as short
Phoenix SUI+0.0408%1h1.0281+0.099%$215K$415K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0600% / S −0.0260%1h1.0277+0.058%$939K100xas long as short
Aftermath Perps SUIUSD+0.1482%1h1.0272+0.005%$82K$405K10xas long as short