Funding arb · Price arb /

SUI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: OKX against Arcus+0.520%7-day average −0.012% · 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+$13as in the Price arb table

costs, in and out, $10k−$400.400% of the position

Long on Arcus Short on OKX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.001%$0 on $10k

Price spread, last 4 days (all we have)−0.389%−$39 · spread now +0.520%, 7d avg −0.012%

Together, before fees−0.390%−$39 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: OKX is 0.532% dearer against Arcus than usual: you sell high and buy low, +$53 on $10k if it goes back to its 7-day average of −0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus SUI-USD	1.0390	0.0100	pay 0.0013% / 1h	1m 06s	$46K	$387K	10x
Short	OKX SUI-USDT-SWAP	1.0444	0.0100	get 0.0100% / 8h	1m 06s	$41.9M	$391.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Arcus. 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 ArcusbpFee OKXbpOrdersPrice spread, now +0.520%Rate

Funding earned: $0
Price spread: +0.520% → −0.012%: $53.16
Slippage, 4 orders: −$25.46
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee OKX: 5 bp × 2 orders: −$10
Net: $13.2
Costs to cover: 0.400%
Break-even: from the start

Slippage from Arcus: live order book, 12 min ago; OKX: live order book, 3 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 Arcus live order book, 12 min ago	4.82 bp	16.3 bp −$16	27.0 bp −$270	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	0.48 bp	8.8 bp −$9	13.4 bp −$134	38.4 bp −$3,843	doesn't fit

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	−0.3474%	1h	1.0260	−1.251%	$42K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0370%	1h	1.0398	+0.074%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0368%	1h	1.0386	−0.041%	$6K	$19K	7x	as long as short
Bluefin SUI-PERP	−0.0061%	1h	1.0428	+0.366%	$598K	$407K	25x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0395	+0.044%	$95K	$175K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0406	+0.151%	$468K	$5.2M	2.5x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0002%	1h	1.0405	+0.146%	$120K	—	150x	as long as short
01 Exchange SUIUSD	+0.0088%	1h	1.0395	+0.048%	$9K	$9K	10x	as long as short
Lighter SUI	+0.0096%	1h	1.0442	+0.500%	$802K	$5.9M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0443	+0.511%	$263K	$2.0M	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	1.0392	+0.019%	$41K	$493K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0436	+0.443%	$46K	$327K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0390	+0.002%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0392	+0.024%	$658K	$1.4M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0428	+0.365%	$1.0M	$4.8M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0393	+0.031%	$225K	$259K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0440	+0.485%	$154.9M	$1.03B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0440	+0.485%	$104.9M	$308.1M	50x	as long as short
OKX SUI-USDT-SWAPshort	+0.0100%	8h	1.0444	+0.520%	$41.9M	$391.7M	50x
Arcus SUI-USDlong	+0.0100%	1h	1.0390	long leg	$46K	$387K	10x
Gate SUI_USDT	+0.0100%	8h	1.0446	+0.539%	$168.5M	$81.9M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0443	+0.510%	$152.7M	$293.2M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0433	+0.414%	$51.5M	$52.8M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0441	+0.491%	$69.0M	$168.0M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0445	+0.529%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0448	+0.558%	$675K	$1.1M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0392	+0.020%	$2.3M	$2.9M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0390	+0.003%	$169K	$4.5M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0382	−0.080%	$446K	$7.1M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0393	+0.029%	$236K	$444K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0405	+0.144%	$109K	$772K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0415	+0.241%	$2K	$1.9M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0434	+0.423%	$6K	$2.4M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0435	+0.433%	$654K	$18.5M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0430	+0.385%	$11.7M	$25.0M	50x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0379	−0.110%	$244K	$2K	10x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0434	+0.428%	$1.5M	$3.8M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0441	+0.487%	$49K	$37K	3x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0434	+0.423%	$8.0M	$24.4M	100x	as long as short
Coinbase International SUI-PERP-INTX	+0.0224%	1h	1.0441	+0.491%	$1.0M	$14.1M	50x	as long as short
Deribit SUI_USDC-PERPETUAL	+0.0229%	1h	1.0445	+0.529%	$203K	$587K	25x	as long as short
Kraken Futures PF_SUIUSD	+0.0270%	1h	1.0443	+0.509%	$7.3M	$24.3M	50x	as long as short
Phoenix SUI	+0.0327%	1h	1.0412	+0.214%	$207K	$593K	10x	as long as short
Hyperliquid SUI	+0.0617%	1h	1.0458	+0.654%	$76.0M	$81.0M	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0638% / S −0.0305%	1h	1.0405	+0.140%	$901K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.0838%	1h	1.0390	0.000%	$94K	$382K	10x	as long as short