Funding arb · Price arb /

SUI

all SUI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.004%

Price spread now: Gate against ApeX Omni−0.078%7-day average −0.098% · you buy dearer than you sell

Net, funding: paid 7d − costs−$57as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$480.479% of the position

Long on ApeX Omni Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.087%−$9 on $10k

Price spread, last 4 days (all we have)−0.633%−$63 · spread now −0.078%, 7d avg −0.098%

Together, before fees−0.720%−$72 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni SUIUSDT	1.0201	0.0100	pay 0.0013% / 1h	45m 14s	$224K	$368K	50x
Short	Gate SUI_USDT	1.0193	0.0100	get 0.0100% / 8h	45m 14s	$168.5M	$81.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against ApeX Omni. 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 ApeX OmnibpFee GatebpOrdersPrice spread, now −0.078%Rate

Funding earned: $0
Price spread: −0.078% → −0.098%: $1.93
Slippage, 4 orders: −$22.86
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$45.92
Costs to cover: 0.479%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 57 min ago; Gate: live order book, 4 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 ApeX Omni live order book, 57 min ago	1.98 bp	11.2 bp −$11	39.3 bp −$393	doesn't fit	doesn't fit
Sell Gate live order book, 4 min ago	0.49 bp	13.9 bp −$14	26.0 bp −$260	58.4 bp −$5,840	104.4 bp −$52.2K

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	−0.2780%	1h	1.0068	−1.304%	$41K	$113K	12x	as long as short
Reya SUIRUSDPERP	−0.0381%	1h	1.0187	−0.139%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0312%	1h	1.0187	−0.139%	$5K	$20K	7x	as long as short
Bluefin SUI-PERP	−0.0230%	1h	1.0178	−0.225%	$584K	$427K	25x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0184	−0.167%	$95K	$257K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0192	−0.088%	$378K	$4.4M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0196	−0.049%	$196K	$559K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0192	−0.087%	$115K	—	150x	as long as short
Lighter SUI	+0.0096%	1h	1.0198	−0.029%	$768K	$5.1M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0198	−0.028%	$297K	$2.2M	10x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex SUIUSDT	+0.0096%	1h	1.0188	−0.127%	$40K	$523K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0193	−0.078%	$47K	$240K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0187	−0.135%	$27K	$8K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0184	−0.167%	$687K	$2.2M	10x	as long as short
Hyperliquid SUI	+0.0100%	1h	1.0200	−0.010%	$73.5M	$78.8M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0195	−0.059%	$899K	$4.2M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0188	−0.131%	$217K	$257K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0196	−0.050%	$146.9M	$999.3M	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0197	−0.039%	$98.7M	$311.8M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0197	−0.039%	$41.1M	$370.9M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0190	−0.108%	$43K	$330K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0171	−0.299%	$239K	$454	10x	as long as short
Gate SUI_USDTshort	+0.0100%	8h	1.0193	−0.078%	$168.5M	$81.5M	50x
MEXC SUI_USDT	+0.0100%	8h	1.0199	−0.020%	$156.0M	$282.7M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0196	−0.049%	$50.2M	$52.2M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0195	−0.059%	$67.3M	$169.5M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0199	−0.020%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0197	−0.039%	$672K	$1.4M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0190	−0.113%	$2.4M	$3.5M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0205	+0.040%	$164K	$4.3M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0186	−0.147%	$445K	$7.1M	10x	as long as short
ApeX Omni SUIUSDTlong	+0.0100%	1h	1.0201	long leg	$224K	$368K	50x
Polymarket Perps SUI-USD	+0.0100%	1h	1.0197	−0.039%	$123K	$561K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0207	+0.059%	$3K	$1.6M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0195	−0.059%	$7K	$1.7M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0195	−0.059%	$628K	$18.4M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0198	−0.029%	$11.8M	$28.2M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0189	−0.121%	$1.4M	$4.1M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0193	−0.077%	$39K	$11K	3x	as long as short
Kraken Futures PF_SUIUSD	+0.0118%	1h	1.0198	−0.030%	$6.8M	$21.8M	50x	as long as short
01 Exchange SUIUSD	+0.0152%	1h	1.0192	−0.088%	$8K	$3K	10x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0199	−0.020%	$7.6M	$24.5M	100x	as long as short
Coinbase International SUI-PERP-INTX	+0.0328%	1h	1.0196	−0.049%	$1.0M	$14.4M	50x	as long as short
Phoenix SUI	+0.0393%	1h	1.0209	+0.076%	$202K	$400K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0601% / S −0.0263%	1h	1.0194	−0.069%	$936K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1314%	1h	1.0196	−0.052%	$82K	$409K	10x	as long as short