Funding arb · Price arb /

SUI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Nado against Aster−0.041%7-day average −0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$320.318% of the position

Long on Aster Short on Nado

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 7 days−0.066%−$7 · spread now −0.041%, 7d avg −0.026%

Together, before fees−0.067%+ Points / potential airdropAster: Stage 5 · Nado: Active · farm board−$7 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster SUIUSDT	1.0435	0.0100	pay 0.0100% / 8h	4h 52m	$911K	$4.6M	75x
Short	Nado SUI-PERP	1.0431	0.0100	get 0.0012% / 1h	52m 21s	$718K	$1.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Aster. 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 AsterbpFee NadobpOrdersPrice spread, now −0.041%Rate

Funding earned: $0
Price spread: −0.041% → −0.026%: −$1.53
Slippage, 4 orders: −$16.82
Fee Aster: 4 bp × 2 orders: −$8
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$33.35
Costs to cover: 0.318%
Break-even: never at this rate

Slippage from Aster: live order book, 1 min ago; Nado: live order book, 1 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 Aster live order book, 1 min ago	1.43 bp	8.8 bp −$9	29.1 bp −$291	doesn't fit	doesn't fit
Sell Nado live order book, 1 min ago	0.48 bp	6.6 bp −$7	19.0 bp −$190	doesn't fit	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	−0.3244%	1h	1.0316	−1.143%	$42K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0375%	1h	1.0434	−0.008%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0296%	1h	1.0456	+0.198%	$6K	$19K	7x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0434	−0.011%	$131K	$227K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0462	+0.254%	$523K	$4.9M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0466	+0.294%	$203K	$574K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0428	−0.068%	$114K	—	150x	as long as short
Lighter SUI	+0.0096%	1h	1.0441	+0.056%	$831K	$5.5M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0451	+0.152%	$290K	$2.1M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0428	−0.070%	$39K	$515K	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex SUI-USD-PERP	+0.0100%	8h	1.0439	+0.040%	$27K	$9K	30x	as long as short
Nado SUI-PERPshort	+0.0100%	1h	1.0431	−0.041%	$718K	$1.9M	10x
Aster SUIUSDTlong	+0.0100%	8h	1.0435	long leg	$911K	$4.6M	75x
Pacifica SUI	+0.0100%	1h	1.0444	+0.084%	$227K	$260K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0431	−0.044%	$152.0M	$1.03B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0427	−0.079%	$103.3M	$309.7M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0426	−0.089%	$41.4M	$388.7M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0430	−0.051%	$45K	$373K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0476	+0.390%	$246K	$6K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0434	−0.012%	$167.7M	$82.6M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0437	+0.017%	$152.4M	$292.3M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0432	−0.031%	$50.2M	$54.1M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0423	−0.118%	$68.1M	$170.9M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0429	−0.060%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0463	+0.266%	$695K	$1.3M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0476	+0.388%	$2.4M	$3.3M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0462	+0.259%	$170K	$4.5M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0462	+0.256%	$452K	$7.6M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0410	−0.242%	$233K	$485K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0438	+0.026%	$113K	$742K	10x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0427	−0.079%	$48K	$200K	20x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0463	+0.266%	$2K	$1.8M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0465	+0.285%	$14K	$2.1M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0454	+0.179%	$577K	$19.7M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0458	+0.218%	$12.0M	$26.6M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0421	−0.135%	$1.4M	$4.1M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0433	−0.026%	$40K	$11K	3x	as long as short
01 Exchange SUIUSD	+0.0120%	1h	1.0427	−0.079%	$9K	$3K	10x	as long as short
Kraken Futures PF_SUIUSD	+0.0161%	1h	1.0466	+0.296%	$6.9M	$27.0M	50x	as long as short
Coinbase International SUI-PERP-INTX	+0.0216%	1h	1.0468	+0.314%	$998K	$15.0M	50x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0463	+0.266%	$8.1M	$25.2M	100x	as long as short
Phoenix SUI	+0.0390%	1h	1.0488	+0.509%	$213K	$421K	10x	as long as short
Hyperliquid SUI	+0.0447%	1h	1.0447	+0.116%	$75.9M	$81.5M	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0616% / S −0.0267%	1h	1.0428	−0.073%	$964K	—	100x	as long as short
Bluefin SUI-PERP	+0.1150%	1h	1.0413	−0.213%	$596K	$403K	25x	as long as short
Aftermath Perps SUIUSD	+0.1517%	1h	1.0462	+0.252%	$84K	$393K	10x	as long as short