SUI

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.004%

Price spread now: Deribit against SoDEX0.000%7-day average +0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$340.339% of the position

Long on SoDEX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.008%+$1 on $10k

Price spread, last 3 days (all we have)+0.041%+$4 · spread now 0.000%, 7d avg +0.038%

Together, before fees+0.049%+$5 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.038% cheaper against SoDEX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.038%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX SUI-USD	1.0362	0.0100	pay 0.0013% / 1h	16m 21s	$6K	$2.2M	10x
Short	Deribit SUI_USDC-PERPETUAL	1.0362	0	get 0.0000% / 1h	16m 21s	$201K	$578K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against SoDEX. 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

Position, each leg$Hold fordaysFee SoDEXbpFee DeribitbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$21
Price spread: 0.000% → +0.038%: −$3.83
Slippage, 4 orders: −$18.85
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$58.68
Costs to cover: 0.339%
Break-even: never at this rate

Slippage from SoDEX: live order book, 3 min ago; Deribit: live order book, 52 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SoDEX live order book, 3 min ago	0.48 bp	8.8 bp −$9	18.4 bp −$184	102.9 bp −$10.3K	doesn't fit
Sell Deribit live order book, 52 min ago	3.25 bp	6.7 bp −$7	doesn't fit	doesn't fit	doesn't fit

SUI on 45 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective SUI/USDC PERP	−0.4499%	1h	1.0236	−1.216%	$42K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0373%	1h	1.0370	+0.075%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0352%	1h	1.0351	−0.104%	$6K	$19K	7x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0360	−0.020%	$94K	$171K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0364	+0.017%	$506K	$5.1M	2.5x	as long as short
Deribit SUI_USDC-PERPETUALshort	0.0000%	1h	1.0362	0.000%	$201K	$578K	25x
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0370	+0.073%	$113K	—	150x	as long as short
Kraken Futures PF_SUIUSD	+0.0012%	1h	1.0365	+0.029%	$6.8M	$27.0M	50x	as long as short
Bluefin SUI-PERP	+0.0070%	1h	1.0358	−0.039%	$593K	$416K	25x	as long as short
Lighter SUI	+0.0096%	1h	1.0360	−0.022%	$819K	$5.7M	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SUI	+0.0096%	1h	1.0373	+0.102%	$276K	$2.1M	10x	as long as short
01 Exchange SUIUSD	+0.0096%	1h	1.0363	+0.010%	$9K	$3K	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0364	+0.019%	$31K	$494K	50x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0352	−0.098%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0363	+0.010%	$750K	$1.9M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0360	−0.024%	$910K	$5.0M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0360	−0.019%	$226K	$269K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0370	+0.073%	$151.3M	$1.05B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0370	+0.077%	$102.8M	$312.7M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0374	+0.116%	$41.0M	$391.1M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0370	+0.077%	$44K	$373K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0361	−0.014%	$244K	$4K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0370	+0.077%	$164.1M	$84.4M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0371	+0.087%	$150.1M	$300.4M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0374	+0.116%	$51.7M	$53.7M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0366	+0.039%	$67.4M	$171.5M	75x	as long as short
BingX SUI-USDT	+0.0100%	8h	1.0373	+0.106%	—	$82.4M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0355	−0.068%	$691K	$1.2M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0378	+0.150%	$2.4M	$3.2M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0366	+0.040%	$169K	$4.7M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0373	+0.106%	$450K	$7.4M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0374	+0.116%	$237K	$501K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0379	+0.164%	$120K	$722K	10x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0370	+0.077%	$47K	$248K	20x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0358	−0.039%	$2K	$1.8M	30x	as long as short
SoDEX SUI-USDlong	+0.0100%	1h	1.0362	long leg	$6K	$2.2M	10x
HTX SUI-USDT	+0.0100%	8h	1.0358	−0.039%	$643K	$19.8M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0362	0.000%	$11.6M	$25.8M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0355	−0.069%	$1.5M	$4.1M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0361	−0.005%	$39K	$16K	3x	as long as short
Coinbase International SUI-PERP-INTX	+0.0152%	1h	1.0392	+0.290%	$997K	$14.6M	50x	as long as short
Hyperliquid SUI	+0.0173%	1h	1.0383	+0.203%	$74.4M	$80.6M	10x	as long as short
Phoenix SUI	+0.0221%	1h	1.0410	+0.464%	$206K	$595K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0613% / S −0.0271%	1h	1.0351	−0.106%	$961K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1046%	1h	1.0382	+0.196%	$80K	$381K	10x	as long as short