Funding arb · Price arb /

SUI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: BingX against Extended−0.224%7-day average — · you buy dearer than you sell

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$330.335% of the position

Long on Extended Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.066%−$7 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.224% cheaper against Extended than usual: you would sell low and buy high, −$22 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended SUI-USD	1.0364	0.0104	pay 0.0013% / 1h	29m 23s	$1.4M	$4.1M	50x
Short	BingX SUI-USDC	1.0341	0.0100	get 0.0100% / 8h	6h 29m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Extended. 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 ExtendedbpFee BingXbpOrdersPrice spread, now −0.224%Rate

Funding earned: −$0.84
Price spread: −0.224% → 0.000%: −$22.36
Slippage, 4 orders: −$18.48
Fee Extended: 2.5 bp × 2 orders: −$5
Fee BingX: 5 bp × 2 orders: −$10
Net: −$56.68
Costs to cover: 0.335%
Break-even: never at this rate

Slippage from Extended: live order book, 4 min ago; BingX: live order book, 2 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 Extended live order book, 4 min ago	0.48 bp	4.0 bp −$4	6.9 bp −$69	doesn't fit	doesn't fit
Sell BingX live order book, 2 min ago	0.97 bp	9.7 bp −$10	15.6 bp −$156	65.9 bp −$6,586	108.3 bp −$54.2K

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	1.0211	−1.478%	$42K	$123K	12x	as long as short
Hibachi SUI/USDT-P	−0.0456%	1h	1.0346	−0.178%	$6K	$19K	7x	as long as short
Reya SUIRUSDPERP	−0.0372%	1h	1.0348	−0.156%	$4K	$3K	20x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0373	+0.088%	$95K	$171K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0365	+0.011%	$498K	$5.1M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0360	−0.040%	$201K	$579K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0339	−0.239%	$113K	—	150x	as long as short
Kraken Futures PF_SUIUSD	+0.0012%	1h	1.0368	+0.033%	$6.8M	$27.0M	50x	as long as short
Bluefin SUI-PERP	+0.0080%	1h	1.0346	−0.175%	$592K	$415K	25x	as long as short
01 Exchange SUIUSD	+0.0088%	1h	1.0366	+0.018%	$9K	$3K	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SUI	+0.0096%	1h	1.0373	+0.085%	$819K	$5.7M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0376	+0.112%	$276K	$2.1M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0363	−0.011%	$30K	$491K	50x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0403	+0.374%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0363	−0.011%	$750K	$1.9M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0370	+0.052%	$913K	$5.0M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0375	+0.104%	$226K	$269K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0350	−0.138%	$151.1M	$1.05B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0338	−0.253%	$102.8M	$312.8M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0332	−0.310%	$40.8M	$390.7M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0370	+0.056%	$44K	$373K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0354	−0.098%	$244K	$3K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0352	−0.117%	$163.2M	$84.0M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0350	−0.137%	$149.7M	$298.7M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0365	+0.008%	$51.6M	$53.8M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0354	−0.098%	$67.4M	$172.3M	75x	as long as short
BingX SUI-USDCshort	+0.0100%	8h	1.0341	−0.224%	—	$6.5M	—
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0365	+0.008%	$687K	$1.2M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0337	−0.263%	$2.4M	$3.2M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0348	−0.157%	$169K	$4.7M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0348	−0.158%	$450K	$7.5M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0348	−0.156%	$236K	$507K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0374	+0.095%	$120K	$727K	10x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0335	−0.281%	$47K	$260K	20x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0356	−0.079%	$3K	$1.8M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0364	−0.002%	$6K	$2.2M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0354	−0.098%	$657K	$19.7M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0368	+0.037%	$11.5M	$25.7M	50x	as long as short
Extended SUI-USDlong	+0.0104%	1h	1.0364	long leg	$1.4M	$4.1M	50x
Aevo SUI-PERP	+0.0104%	1h	1.0362	−0.021%	$39K	$16K	3x	as long as short
Hyperliquid SUI	+0.0109%	1h	1.0371	+0.066%	$74.2M	$80.6M	10x	as long as short
Coinbase International SUI-PERP-INTX	+0.0152%	1h	1.0365	+0.008%	$1.0M	$14.6M	50x	as long as short
Phoenix SUI	+0.0221%	1h	1.0388	+0.234%	$206K	$595K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0619% / S −0.0272%	1h	1.0347	−0.165%	$976K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1002%	1h	1.0363	−0.012%	$78K	$378K	10x	as long as short