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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%
Price spread now: Phemex against SoDEX+0.040%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$400.403% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.006%−$1 on $10k
Price spread, last 4 days (all we have)−0.042%−$4 · spread now +0.040%, 7d avg +0.015%
Together, before fees−0.048%−$5 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: Phemex is 0.025% dearer against SoDEX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX SUI-USD1.01220.0100pay 0.0013% / 1h41m 30s$6K$1.9M10x
ShortPhemex SUIUSDT1.01260.0100get 0.0100% / 8h1h 41m$11.7M$28.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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

Funding earned
$0
Price spread: +0.040% → +0.015%
$2.46
Slippage, 4 orders
−$20.26
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$37.8
Costs to cover
0.403%
Break-even
never at this rate
Slippage from SoDEX: live order book, 2 min ago; Phemex: live order book, 3 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 SoDEX live order book, 2 min ago3.45 bp10.7 bp −$1116.9 bp −$169105.8 bp −$10.6Kdoesn't fit
Sell Phemex live order book, 3 min ago1.48 bp9.0 bp −$917.7 bp −$177doesn't fitdoesn'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−0.3536%1h1.0076−0.454%$41K$113K12xas long as short
Reya SUIRUSDPERP−0.0379%1h1.0125+0.025%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0184%1h1.0123+0.005%$5K$21K7xas long as short
Bluefin SUI-PERP−0.0032%1h1.0124+0.020%$580K$427K25xas long as short
dYdX SUI-USD0.0000%1h1.0127+0.052%$95K$294K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0137+0.151%$376K$4.9M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0127+0.049%$195K$563K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0127+0.048%$114K150xas long as short
Lighter SUI+0.0096%1h1.0129+0.072%$786K$5.3M10xas long as short
Lighter RH SUI+0.0096%1h1.0132+0.097%$295K$2.2M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex SUIUSDT+0.0096%1h1.0125+0.030%$35K$521K50xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0126+0.040%$46K$212K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0127+0.049%$26K$8K30xas long as short
Nado SUI-PERP+0.0100%1h1.0126+0.044%$534K$2.1M10xas long as short
Aster SUIUSDT+0.0100%8h1.0126+0.040%$894K$4.3M75xas long as short
Pacifica SUI+0.0100%1h1.0128+0.061%$216K$264K10xas long as short
Binance SUIUSDT+0.0100%8h1.0128+0.062%$145.1M$1.03B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0126+0.036%$98.8M$318.8M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0128+0.059%$40.8M$382.9M50xas long as short
Arcus SUI-USD+0.0100%1h1.0130+0.079%$43K$329K10xas long as short
Bulk SUI-USD+0.0100%1h1.0133+0.109%$238K$2K10xas long as short
Gate SUI_USDT+0.0100%8h1.0124+0.020%$164.9M$83.0M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0132+0.099%$151.1M$291.2M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0125+0.030%$49.5M$53.3M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0124+0.020%$66.8M$175.0M75xas long as short
BingX SUI-USDT+0.0100%8h1.0125+0.030%$87.5Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0121−0.010%$666K$1.4M20xas long as short
Variational Omni SUI+0.0100%8h1.0130+0.076%$2.4M$3.5Mas long as short
edgeX SUIUSDC+0.0100%4h1.0143+0.203%$164K$4.6M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0139+0.166%$438K$7.5M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0149+0.267%$223K$395K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0134+0.119%$126K$674K10xas long as short
SunX SUI-USDT+0.0100%8h1.0139+0.168%$2K$1.7M30xas long as short
SoDEX SUI-USDlong+0.0100%1h1.0122long leg$6K$1.9M10x
HTX SUI-USDT+0.0100%8h1.0128+0.059%$621K$18.9M75xas long as short
Phemex SUIUSDTshort+0.0100%8h1.0126+0.040%$11.7M$28.1M50x
Extended SUI-USD+0.0104%1h1.0121−0.007%$1.4M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0124+0.024%$38K$11K3xas long as short
01 Exchange SUIUSD+0.0192%1h1.0127+0.049%$9K$2K10xas long as short
BloFin SUI-USDT+0.0220%8h1.0136+0.138%$7.6M$24.7M100xas long as short
Coinbase International SUI-PERP-INTX+0.0280%1h1.0139+0.168%$1.0M$14.8M50xas long as short
Kraken Futures PF_SUIUSD+0.0366%1h1.0126+0.043%$6.8M$23.1M50xas long as short
Phoenix SUI+0.0431%1h1.0151+0.291%$201K$413K10xas long as short
Hyperliquid SUI+0.0529%1h1.0140+0.178%$72.9M$83.5M10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0600% / S −0.0263%1h1.0125+0.029%$931K100xas long as short
Aftermath Perps SUIUSD+0.1403%1h1.0150+0.273%$82K$410K10xas long as short