Funding arb · Price arb /

SUI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: SunX against dYdX+0.142%7-day average +0.130% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on dYdX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.207%+$21 on $10k

Price spread, last 3 days (all we have)+0.040%+$4 · spread now +0.142%, 7d avg +0.130%

Together, before fees+0.246%+$25 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.130%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX SUI-USD	1.0191	0	get 0.0000% / 1h	20m 19s	$93K	$66K	10x
Short	SunX SUI-USDT	1.0206	0.0100	get 0.0100% / 8h	2h 20m	$2K	$1.9M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against dYdX. 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 dYdXbpFee SunXbpOrdersPrice spread, now +0.142%Rate

Funding earned: $21
Price spread: +0.142% → +0.130%: $1.22
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: $4.22
Costs to cover: 0.180%
Break-even: 5.6 days

Slippage unknown: dYdX: no order-book sample; SunX: live order book, 5 min ago. Net counts fees only.

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 dYdX no order-book sample	—	—	—	—	—
Sell SunX live order book, 5 min ago	29.93 bp	69.0 bp −$69	doesn't fit	doesn't fit	doesn't fit

dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	1.0068	−1.212%	$41K	$123K	12x	as long as short
Hibachi SUI/USDT-P	−0.0520%	1h	1.0190	−0.015%	$6K	$18K	7x	as long as short
Reya SUIRUSDPERP	−0.0367%	1h	1.0191	−0.009%	$4K	$3K	20x	as long as short
Bluefin SUI-PERP	−0.0111%	1h	1.0179	−0.123%	$583K	$405K	25x	as long as short
Kraken Futures PF_SUIUSD	−0.0022%	1h	1.0197	+0.054%	$6.8M	$23.8M	50x	as long as short
dYdX SUI-USDlong	0.0000%	1h	1.0191	long leg	$93K	$66K	10x
Kalshi KXSUIPERP	0.0000%	8h	1.0196	+0.049%	$456K	$5.5M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0195	+0.034%	$186K	$546K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0002%	1h	1.0192	+0.003%	$118K	—	150x	as long as short
Lighter SUI	+0.0096%	1h	1.0192	+0.002%	$769K	$5.9M	10x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SUI	+0.0096%	1h	1.0197	+0.050%	$252K	$2.0M	10x	as long as short
01 Exchange SUIUSD	+0.0096%	1h	1.0186	−0.054%	$9K	$9K	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0186	−0.054%	$36K	$503K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0098%	8h	1.0189	−0.024%	$44K	$377K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0186	−0.055%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0188	−0.029%	$593K	$1.3M	10x	as long as short
Hyperliquid SUI	+0.0100%	1h	1.0201	+0.093%	$72.6M	$81.8M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0194	+0.023%	$994K	$4.5M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0190	−0.016%	$220K	$260K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0193	+0.015%	$151.1M	$1.03B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0196	+0.045%	$102.1M	$307.0M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0197	+0.054%	$40.9M	$382.5M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0200	+0.083%	$147K	$297K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0193	+0.015%	$240K	$2K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0191	−0.005%	$164.1M	$81.2M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0191	−0.005%	$147.5M	$298.4M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0190	−0.015%	$52.4M	$51.3M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0186	−0.054%	$66.9M	$169.0M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0191	−0.005%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0190	−0.015%	$642K	$1.2M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0198	+0.063%	$2.2M	$2.8M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0171	−0.205%	$164K	$4.5M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0167	−0.240%	$439K	$7.1M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0174	−0.172%	$230K	$444K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0196	+0.044%	$106K	$785K	10x	as long as short
SunX SUI-USDTshort	+0.0100%	8h	1.0206	+0.142%	$2K	$1.9M	30x
SoDEX SUI-USD	+0.0100%	1h	1.0193	+0.015%	$6K	$2.4M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0189	−0.024%	$620K	$18.8M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0192	+0.005%	$11.4M	$24.4M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0191	−0.001%	$1.4M	$3.7M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0195	+0.037%	$48K	$37K	3x	as long as short
Coinbase International SUI-PERP-INTX	+0.0216%	1h	1.0199	+0.074%	$975K	$13.7M	50x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0189	−0.024%	$7.9M	$23.7M	100x	as long as short
Phoenix SUI	+0.0290%	1h	1.0183	−0.079%	$184K	$578K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0630% / S −0.0300%	1h	1.0191	−0.004%	$873K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.0700%	1h	1.0178	−0.131%	$92K	$378K	10x	as long as short