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 +0.004%

Price spread now: KuCoin against Gate−0.019%7-day average +0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$500.503% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.049%+$5 on $10k

Price spread, last 7 days−0.021%−$2 · spread now −0.019%, 7d avg +0.015%

Together, before fees+0.028%+$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.034% cheaper against Gate than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SUI_USDT	1.0417	0.0100	pay 0.0100% / 8h	6h 26m	$164.5M	$84.1M	50x
Short	KuCoin SUIUSDTM	1.0415	0.0100	get 0.0100% / 8h	6h 26m	$51.8M	$53.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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 GatebpFee KuCoinbpOrdersPrice spread, now −0.019%Rate

Funding earned: $0
Price spread: −0.019% → +0.015%: −$3.42
Slippage, 4 orders: −$23.34
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$53.76
Costs to cover: 0.503%
Break-even: never at this rate

Slippage from Gate: live order book, 3 min ago; KuCoin: live order book, 8 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 Gate live order book, 3 min ago	1.45 bp	14.4 bp −$14	30.5 bp −$305	43.1 bp −$4,311	76.2 bp −$38.1K
Sell KuCoin live order book, 8 min ago	3.39 bp	12.2 bp −$12	25.3 bp −$253	115.5 bp −$11.5K	doesn't fit

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	−1.738%	$42K	$123K	12x	as long as short
Hibachi SUI/USDT-P	−0.0448%	1h	1.0390	−0.263%	$6K	$19K	7x	as long as short
Reya SUIRUSDPERP	−0.0372%	1h	1.0419	+0.019%	$4K	$3K	20x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0399	−0.171%	$95K	$171K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0410	−0.064%	$508K	$5.1M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0421	+0.038%	$202K	$578K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0416	−0.008%	$114K	—	150x	as long as short
Kraken Futures PF_SUIUSD	+0.0011%	1h	1.0425	+0.074%	$6.8M	$27.0M	50x	as long as short
Bluefin SUI-PERP	+0.0081%	1h	1.0405	−0.115%	$595K	$415K	25x	as long as short
01 Exchange SUIUSD	+0.0088%	1h	1.0417	0.000%	$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	1.0422	+0.053%	$822K	$5.7M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0420	+0.031%	$277K	$2.1M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0413	−0.038%	$30K	$493K	50x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0439	+0.209%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0420	+0.029%	$751K	$1.9M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0417	+0.001%	$916K	$5.0M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0403	−0.135%	$227K	$269K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0416	−0.010%	$152.5M	$1.05B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0414	−0.032%	$103.4M	$312.7M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0414	−0.029%	$41.1M	$393.8M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0410	−0.067%	$44K	$373K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0400	−0.163%	$245K	$3K	10x	as long as short
Gate SUI_USDTlong	+0.0100%	8h	1.0417	long leg	$164.5M	$84.1M	50x
MEXC SUI_USDT	+0.0100%	8h	1.0414	−0.029%	$149.8M	$299.0M	300x	as long as short
KuCoin SUIUSDTMshort	+0.0100%	8h	1.0415	−0.019%	$51.8M	$53.8M	75x
Bitget SUIUSDT	+0.0100%	8h	1.0410	−0.067%	$67.8M	$172.0M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0413	−0.038%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0415	−0.019%	$693K	$1.2M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0418	+0.007%	$2.4M	$3.2M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0359	−0.553%	$169K	$4.7M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0367	−0.482%	$451K	$7.5M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0365	−0.499%	$237K	$507K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0428	+0.106%	$120K	$726K	10x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0419	+0.019%	$47K	$256K	20x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0419	+0.019%	$2K	$1.8M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0420	+0.029%	$6K	$2.2M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0413	−0.038%	$660K	$19.7M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0416	−0.010%	$11.6M	$25.8M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0417	−0.004%	$1.4M	$4.0M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0419	+0.018%	$40K	$16K	3x	as long as short
Hyperliquid SUI	+0.0126%	1h	1.0431	+0.134%	$74.6M	$80.7M	10x	as long as short
Coinbase International SUI-PERP-INTX	+0.0152%	1h	1.0412	−0.048%	$1.0M	$14.7M	50x	as long as short
Phoenix SUI	+0.0221%	1h	1.0388	−0.275%	$206K	$595K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0615% / S −0.0271%	1h	1.0417	−0.001%	$967K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1021%	1h	1.0386	−0.302%	$78K	$378K	10x	as long as short