Funding arb · Price arb /

SUI

all SUI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.030%

Price spread now: Kalshi against Aevo+0.028%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Kalshi is 0.028% dearer against Aevo than usual: you sell high and buy low (spread +0.028% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 21 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo SUI-PERP	1.0300	0.0104	pay 0.0013% / 1h	29m 05s	$39K	$11K	3x
Short	Kalshi KXSUIPERP	1.0303	0	get 0.0000% / 8h	7h 29m	$486K	$5.0M	2.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against Aevo. 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 AevobpFee KalshibpOrdersPrice spread, now +0.028%Rate

Funding earned: −$21.84
Price spread: +0.028% → 0.000%: $2.76
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$45.08
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Kalshi: live order book, 5 min ago. Net counts fees only.

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 Aevo no order-book sample	—	—	—	—	—
Sell Kalshi live order book, 5 min ago	8.44 bp	13.4 bp −$13	17.4 bp −$174	32.0 bp −$3,196	doesn't fit

Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SUI on 46 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	−0.3470%	1h	1.0224	−0.736%	$42K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0377%	1h	1.0304	+0.038%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0208%	1h	1.0318	+0.173%	$6K	$19K	7x	as long as short
Kraken Futures PF_SUIUSD	−0.0067%	1h	1.0296	−0.040%	$6.8M	$26.5M	50x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0304	+0.041%	$129K	$227K	10x	as long as short
Kalshi KXSUIPERPshort	0.0000%	8h	1.0303	+0.028%	$486K	$5.0M	2.5x
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0291	−0.085%	$200K	$572K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0295	−0.046%	$115K	—	150x	as long as short
Bluefin SUI-PERP	+0.0050%	1h	1.0277	−0.221%	$589K	$406K	25x	as long as short
Lighter SUI	+0.0096%	1h	1.0296	−0.036%	$788K	$5.4M	10x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SUI	+0.0096%	1h	1.0298	−0.019%	$307K	$2.2M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0299	−0.007%	$45K	$515K	50x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0310	+0.103%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0296	−0.037%	$582K	$2.1M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0293	−0.062%	$889K	$4.5M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0303	+0.031%	$222K	$254K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0292	−0.074%	$148.6M	$1.02B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0289	−0.103%	$101.2M	$307.8M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0288	−0.114%	$40.4M	$384.9M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0310	+0.099%	$44K	$330K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0310	+0.099%	$242K	$5K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0293	−0.066%	$167.3M	$81.7M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0293	−0.066%	$152.9M	$294.0M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0292	−0.075%	$50.4M	$54.1M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0286	−0.134%	$66.9M	$172.7M	75x	as long as short
BingX SUI-USDT	+0.0100%	8h	1.0294	−0.056%	—	$82.1M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0290	−0.095%	$650K	$1.3M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0342	+0.407%	$2.5M	$3.4M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0323	+0.226%	$168K	$4.5M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0335	+0.346%	$445K	$7.6M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0336	+0.352%	$226K	$431K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0311	+0.109%	$123K	$735K	10x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0291	−0.085%	$47K	$163K	20x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0344	+0.430%	$2K	$1.7M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0296	−0.037%	$14K	$2.0M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0298	−0.017%	$587K	$19.5M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0301	+0.012%	$11.8M	$27.0M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0288	−0.119%	$1.4M	$4.1M	50x	as long as short
Aevo SUI-PERPlong	+0.0104%	1h	1.0300	long leg	$39K	$11K	3x
01 Exchange SUIUSD	+0.0152%	1h	1.0300	+0.002%	$9K	$3K	10x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0300	+0.002%	$7.8M	$24.7M	100x	as long as short
Coinbase International SUI-PERP-INTX	+0.0248%	1h	1.0301	+0.012%	$976K	$15.0M	50x	as long as short
Hyperliquid SUI	+0.0401%	1h	1.0304	+0.041%	$74.4M	$81.0M	10x	as long as short
Phoenix SUI	+0.0408%	1h	1.0326	+0.252%	$209K	$415K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0610% / S −0.0266%	1h	1.0294	−0.060%	$953K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1493%	1h	1.0319	+0.185%	$82K	$402K	10x	as long as short