Funding arb · Price arb /

SUI

all SUI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0116%/8h= +12.7% APRpaid last 24h +0.091%

Price spread now: Coinbase International against Bitget+0.059%7-day average +0.129% · you sell dearer than you buy

Net, funding: paid 7d − costs$0as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$410.411% of the position

Long on Bitget Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.408%+$41 on $10k

Price spread, last 3 days (all we have)+0.151%+$15 · spread now +0.059%, 7d avg +0.129%

Together, before fees+0.559%+$56 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.069% cheaper against Bitget than usual: you would sell low and buy high (spread +0.059% now, against its 7-day average of +0.129%). If the spread goes back, that is −$7 on $10k: about 48 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget SUIUSDT	1.0146	0.0100	pay 0.0100% / 8h	2h 54m	$66.7M	$169.9M	75x
Short	Coinbase International SUI-PERP-INTX	1.0152	0.0216	get 0.0027% / 1h	54m 07s	$978K	$14.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Bitget. 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 BitgetbpFee Coinbase InternationalbpOrdersPrice spread, now +0.059%Rate

Funding earned: $24.36
Price spread: +0.059% → +0.129%: −$6.94
Slippage, 4 orders: −$19.15
Fee Bitget: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$23.73
Costs to cover: 0.411%
Break-even: 13.8 days

Slippage from Bitget: live order book, 5 min ago; Coinbase International: live order book, 5 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 Bitget live order book, 5 min ago	0.49 bp	8.3 bp −$8	12.1 bp −$121	53.9 bp −$5,395	doesn't fit
Sell Coinbase International live order book, 5 min ago	4.41 bp	12.0 bp −$12	21.3 bp −$213	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	−0.2398%	1h	1.0092	−0.532%	$41K	$81K	12x	as long as short
Hibachi SUI/USDT-P	−0.0496%	1h	1.0159	+0.133%	$6K	$19K	7x	as long as short
Reya SUIRUSDPERP	−0.0366%	1h	1.0144	−0.017%	$4K	$3K	20x	as long as short
Bluefin SUI-PERP	−0.0132%	1h	1.0141	−0.049%	$580K	$412K	25x	as long as short
Kraken Futures PF_SUIUSD	−0.0022%	1h	1.0156	+0.095%	$6.8M	$23.9M	50x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0157	+0.108%	$93K	$66K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0184	+0.378%	$457K	$5.5M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0156	+0.099%	$185K	$547K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0002%	1h	1.0152	+0.059%	$117K	—	150x	as long as short
01 Exchange SUIUSD	+0.0048%	1h	1.0180	+0.335%	$9K	$9K	10x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SUI	+0.0096%	1h	1.0153	+0.070%	$765K	$5.8M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0154	+0.077%	$245K	$2.0M	10x	as long as short
Extended SUI-USD	+0.0096%	1h	1.0152	+0.059%	$1.4M	$3.7M	50x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0147	+0.010%	$34K	$503K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0097%	8h	1.0153	+0.069%	$44K	$381K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0148	+0.016%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0147	+0.005%	$592K	$1.4M	10x	as long as short
Hyperliquid SUI	+0.0100%	1h	1.0159	+0.131%	$72.5M	$81.7M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0147	+0.014%	$983K	$4.5M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0161	+0.148%	$220K	$263K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0150	+0.038%	$150.2M	$1.03B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0151	+0.052%	$102.9M	$307.7M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0149	+0.030%	$40.7M	$382.1M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0150	+0.039%	$146K	$299K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0223	+0.757%	$240K	$2K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0149	+0.030%	$163.6M	$80.9M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0154	+0.079%	$146.5M	$295.5M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0152	+0.059%	$53.0M	$50.9M	75x	as long as short
Bitget SUIUSDTlong	+0.0100%	8h	1.0146	long leg	$66.7M	$169.9M	75x
BingX SUI-USDT	+0.0100%	8h	1.0151	+0.049%	—	$81.8M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0149	+0.030%	$638K	$1.2M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0176	+0.300%	$2.2M	$2.8M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0172	+0.259%	$164K	$4.5M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0178	+0.317%	$441K	$7.2M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0172	+0.256%	$231K	$444K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0153	+0.069%	$106K	$796K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0166	+0.197%	$2K	$1.9M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0154	+0.079%	$6K	$2.4M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0149	+0.030%	$626K	$19.0M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0154	+0.079%	$11.4M	$24.2M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0173	+0.268%	$48K	$38K	3x	as long as short
Coinbase International SUI-PERP-INTXshort	+0.0216%	1h	1.0152	+0.059%	$978K	$14.1M	50x
BloFin SUI-USDT	+0.0220%	8h	1.0197	+0.503%	$8.1M	$23.8M	100x	as long as short
Phoenix SUI	+0.0270%	1h	1.0186	+0.395%	$184K	$578K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0629% / S −0.0300%	1h	1.0152	+0.062%	$870K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.0737%	1h	1.0190	+0.434%	$93K	$382K	10x	as long as short