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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Backpack against SunX−0.087%7-day average −0.117% · you buy dearer than you sell
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1271.266% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.009%−$1 on $10k
Price spread, last 3 days (all we have)−0.067%−$7 · spread now −0.087%, 7d avg −0.117%
Together, before fees−0.076%−$8 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: Backpack is 0.031% dearer against SunX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.117%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SUI-USDT1.03860.0100pay 0.0100% / 8h6h 22m$2K$1.8M30x
ShortBackpack SUI_USDC_PERP1.03770.0100get 0.0013% / 1h22m 36s$692K$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against SunX. 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: −0.087% → −0.117%
$3.07
Slippage, 4 orders
−$108.6
Fee SunX: 4 bp × 2 orders
−$8
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$123.53
Costs to cover
1.266%
Break-even
never at this rate
Slippage from SunX: live order book, 13 min ago; Backpack: live order book, 1 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 SunX live order book, 13 min ago30.33 bp45.1 bp −$45doesn't fitdoesn't fitdoesn't fit
Sell Backpack live order book, 1 min ago0.96 bp6.4 bp −$614.6 bp −$146doesn't fitdoesn't fit

SUI on 45 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−0.4499%1h1.0236−1.444%$42K$123K12xas long as short
Hibachi SUI/USDT-P−0.0408%1h1.0369−0.159%$6K$19K7xas long as short
Reya SUIRUSDPERP−0.0372%1h1.0377−0.088%$4K$3K20xas long as short
dYdX SUI-USD0.0000%1h1.0400+0.136%$95K$171K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0390+0.042%$508K$5.1M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0387+0.010%$202K$578K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0379−0.064%$113K150xas long as short
Kraken Futures PF_SUIUSD+0.0012%1h1.0382−0.039%$6.8M$27.0M50xas long as short
Bluefin SUI-PERP+0.0082%1h1.0375−0.106%$594K$415K25xas long as short
Lighter SUI+0.0096%1h1.0405+0.179%$824K$5.7M10xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SUI+0.0096%1h1.0404+0.169%$277K$2.1M10xas long as short
01 Exchange SUIUSD+0.0096%1h1.0402+0.154%$9K$3K10xas long as short
Popdex SUIUSDT+0.0096%1h1.0401+0.144%$31K$493K50xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0414+0.266%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0381−0.043%$748K$1.9M10xas long as short
Aster SUIUSDT+0.0100%8h1.0398+0.118%$914K$5.0M75xas long as short
Pacifica SUI+0.0100%1h1.0403+0.162%$227K$269K10xas long as short
Binance SUIUSDT+0.0100%8h1.0403+0.161%$152.3M$1.05B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0406+0.188%$103.3M$312.5M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0408+0.212%$41.0M$392.8M50xas long as short
Arcus SUI-USD+0.0100%1h1.0400+0.135%$44K$373K10xas long as short
Bulk SUI-USD+0.0100%1h1.0400+0.135%$245K$3K10xas long as short
Gate SUI_USDT+0.0100%8h1.0407+0.202%$164.5M$84.2M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0407+0.202%$150.3M$299.4M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0398+0.116%$51.8M$53.7M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0404+0.173%$67.8M$171.5M75xas long as short
BingX SUI-USDT+0.0100%8h1.0408+0.212%$82.3Mas long as short
Backpack SUI_USDC_PERPshort+0.0100%1h1.0377−0.087%$692K$1.2M20x
Variational Omni SUI+0.0100%8h1.0418+0.306%$2.4M$3.2Mas long as short
edgeX SUIUSDC+0.0100%4h1.0400+0.132%$170K$4.7M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0381−0.048%$456K$7.4M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0391+0.048%$237K$501K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.03860.000%$120K$726K10xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0384−0.019%$47K$251K20xas long as short
SunX SUI-USDTlong+0.0100%8h1.0386long leg$2K$1.8M30x
SoDEX SUI-USD+0.0100%1h1.0383−0.029%$6K$2.2M10xas long as short
HTX SUI-USDT+0.0100%8h1.0383−0.029%$645K$19.8M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0380−0.058%$11.6M$25.8M50xas long as short
Extended SUI-USD+0.0104%1h1.0405+0.182%$1.5M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0390+0.034%$39K$16K3xas long as short
Hyperliquid SUI+0.0137%1h1.0412+0.250%$74.5M$80.4M10xas long as short
Coinbase International SUI-PERP-INTX+0.0152%1h1.0377−0.087%$995K$14.6M50xas long as short
Phoenix SUI+0.0221%1h1.0412+0.246%$206K$595K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0614% / S −0.0271%1h1.0379−0.068%$963K100xas long as short
Aftermath Perps SUIUSD+0.1025%1h1.0391+0.047%$78K$378K10xas long as short