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% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%

Price spread now: MEXC against Bybit−0.004%7-day average +0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$16as in the Funding arb table

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$180.178% of the position

Long on Bybit Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.017%+$2 on $10k

Price spread, last 7 days+0.020%+$2 · spread now −0.004%, 7d avg +0.004%

Together, before fees+0.038%+$4 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SUIUSDT	1.0382	0.0100	pay 0.0100% / 8h	6h 23m	$103.1M	$312.4M	50x
Short	MEXC SUI_USDT	1.0382	0.0100	get 0.0100% / 8h	6h 23m	$149.6M	$299.3M	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Bybit. 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 BybitbpFee MEXCbpOrdersPrice spread, now −0.004%Rate

Funding earned: $0
Price spread: −0.004% → +0.004%: −$0.75
Slippage, 4 orders: −$6.8
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 0 bp × 2 orders: $0
Net: −$18.54
Costs to cover: 0.178%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 min ago; MEXC: 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 Bybit live order book, 5 min ago	0.48 bp	7.5 bp −$8	13.8 bp −$138	41.7 bp −$4,173	doesn't fit
Sell MEXC live order book, 5 min ago	0.48 bp	0.9 bp −$1	4.2 bp −$42	20.2 bp −$2,020	97.6 bp −$48.8K

SUI on 45 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	−0.4499%	1h	1.0236	−1.410%	$42K	$123K	12x	as long as short
Hibachi SUI/USDT-P	−0.0432%	1h	1.0417	+0.334%	$6K	$19K	7x	as long as short
Reya SUIRUSDPERP	−0.0372%	1h	1.0376	−0.063%	$4K	$3K	20x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0377	−0.051%	$95K	$171K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0383	+0.008%	$508K	$5.1M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0378	−0.042%	$202K	$578K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0368	−0.135%	$113K	—	150x	as long as short
Kraken Futures PF_SUIUSD	+0.0012%	1h	1.0384	+0.014%	$6.8M	$27.0M	50x	as long as short
Bluefin SUI-PERP	+0.0082%	1h	1.0364	−0.177%	$593K	$415K	25x	as long as short
Lighter SUI	+0.0096%	1h	1.0384	+0.012%	$821K	$5.7M	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SUI	+0.0096%	1h	1.0383	+0.010%	$276K	$2.1M	10x	as long as short
01 Exchange SUIUSD	+0.0096%	1h	1.0373	−0.091%	$9K	$3K	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0362	−0.196%	$31K	$493K	50x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0413	+0.296%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0371	−0.110%	$747K	$1.9M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0387	+0.043%	$913K	$5.0M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0382	−0.007%	$226K	$269K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0382	−0.004%	$152.0M	$1.05B	75x	as long as short
Bybit SUIUSDTlong	+0.0100%	8h	1.0382	long leg	$103.1M	$312.4M	50x
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0380	−0.023%	$40.9M	$391.7M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0380	−0.023%	$44K	$373K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0400	+0.170%	$245K	$3K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0379	−0.033%	$164.0M	$84.2M	50x	as long as short
MEXC SUI_USDTshort	+0.0100%	8h	1.0382	−0.004%	$149.6M	$299.3M	300x
KuCoin SUIUSDTM	+0.0100%	8h	1.0381	−0.013%	$51.7M	$53.8M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0374	−0.081%	$67.5M	$171.5M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0382	−0.004%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0386	+0.035%	$693K	$1.2M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0418	+0.341%	$2.4M	$3.2M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0400	+0.167%	$170K	$4.7M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0394	+0.112%	$452K	$7.4M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0365	−0.168%	$237K	$507K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0376	−0.062%	$120K	$726K	10x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0375	−0.071%	$47K	$251K	20x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0377	−0.052%	$2K	$1.8M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0376	−0.062%	$7K	$2.2M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0376	−0.062%	$650K	$19.8M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0374	−0.081%	$11.6M	$25.8M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0376	−0.064%	$1.5M	$4.1M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0382	−0.004%	$39K	$16K	3x	as long as short
Hyperliquid SUI	+0.0130%	1h	1.0389	+0.060%	$74.4M	$80.4M	10x	as long as short
Coinbase International SUI-PERP-INTX	+0.0152%	1h	1.0377	−0.052%	$995K	$14.6M	50x	as long as short
Phoenix SUI	+0.0221%	1h	1.0412	+0.280%	$206K	$595K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0614% / S −0.0271%	1h	1.0368	−0.136%	$963K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1023%	1h	1.0380	−0.019%	$78K	$378K	10x	as long as short