Funding arb · Price arb /

SUI

all SUI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.020%

Price spread now: OKX against GRVT−0.004%91s7-day average −0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$280.280% of the position

Long on GRVT Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.021%−$2 on $10k

Price spread, last 7 days−0.056%−$6 · spread now −0.004%, 7d avg −0.009%

Together, before fees−0.078%+ Points / potential airdropGRVT: Active · farm board−$8 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT SUI_USDT_Perp	1.0280	0.0100	pay 0.0100% / 8h	1h 33m	$445K	$7.0M	10x
Short	OKX SUI-USDT-SWAP	1.0280	0.0100	get 0.0100% / 8h	1h 33m	$41.0M	$384.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against GRVT. 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 GRVTbpFee OKXbpOrdersPrice spread, now −0.004%Rate

Funding earned: $0
Price spread: −0.004% → −0.009%: $0.56
Slippage, 4 orders: −$9.03
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee OKX: 5 bp × 2 orders: −$10
Net: −$27.47
Costs to cover: 0.280%
Break-even: never at this rate

Slippage from GRVT: live order book, 5 min ago; OKX: 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 GRVT live order book, 5 min ago	0.97 bp	6.3 bp −$6	12.7 bp −$127	1693.0 bp −$169.3K	doesn't fit
Sell OKX live order book, 5 min ago	0.49 bp	7.6 bp −$8	15.5 bp −$155	45.8 bp −$4,581	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	−0.2926%	1h	1.0133	−1.434%	$42K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0368%	1h	1.0242	−0.369%	$4K	$3K	20x	as long as short
Bluefin SUI-PERP	−0.0146%	1h	1.0264	−0.159%	$588K	$406K	25x	as long as short
Hibachi SUI/USDT-P	−0.0120%	1h	1.0264	−0.164%	$6K	$18K	7x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0250	−0.297%	$93K	$66K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0236	−0.429%	$457K	$5.5M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0274	−0.062%	$190K	$562K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0002%	1h	1.0268	−0.121%	$119K	—	150x	as long as short
Lighter SUI	+0.0096%	1h	1.0281	+0.003%	$790K	$5.9M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0284	+0.034%	$259K	$2.0M	10x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex SUIUSDT	+0.0096%	1h	1.0241	−0.383%	$37K	$503K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0098%	8h	1.0276	−0.043%	$45K	$371K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0251	−0.289%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0247	−0.320%	$596K	$1.3M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0275	−0.057%	$1.0M	$4.5M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0252	−0.280%	$223K	$262K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0280	−0.004%	$151.7M	$1.03B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0283	+0.029%	$103.1M	$307.3M	50x	as long as short
OKX SUI-USDT-SWAPshort	+0.0100%	8h	1.0280	−0.004%	$41.0M	$384.6M	50x
Arcus SUI-USD	+0.0100%	1h	1.0250	−0.296%	$148K	$284K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0303	+0.217%	$242K	$2K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0279	−0.014%	$165.2M	$80.7M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0280	−0.004%	$149.0M	$295.9M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0280	−0.004%	$51.7M	$52.1M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0278	−0.023%	$67.7M	$168.5M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0283	+0.025%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0283	+0.025%	$652K	$1.1M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0282	+0.019%	$2.3M	$2.8M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0284	+0.039%	$166K	$4.5M	20x	as long as short
GRVT SUI_USDT_Perplong	+0.0100%	8h	1.0280	long leg	$445K	$7.0M	10x
ApeX Omni SUIUSDT	+0.0100%	1h	1.0301	+0.200%	$234K	$441K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0250	−0.296%	$106K	$790K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0255	−0.247%	$2K	$1.9M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0282	+0.016%	$6K	$2.4M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0280	−0.004%	$631K	$18.7M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0276	−0.043%	$11.5M	$24.7M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0281	+0.002%	$1.4M	$3.8M	50x	as long as short
01 Exchange SUIUSD	+0.0104%	1h	1.0238	−0.412%	$9K	$9K	10x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0279	−0.009%	$49K	$37K	3x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0260	−0.198%	$7.9M	$23.8M	100x	as long as short
Coinbase International SUI-PERP-INTX	+0.0248%	1h	1.0269	−0.111%	$981K	$13.8M	50x	as long as short
Kraken Futures PF_SUIUSD	+0.0295%	1h	1.0294	+0.129%	$7.2M	$24.2M	50x	as long as short
Phoenix SUI	+0.0346%	1h	1.0319	+0.378%	$204K	$574K	10x	as long as short
Hyperliquid SUI	+0.0490%	1h	1.0293	+0.123%	$73.4M	$81.0M	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0636% / S −0.0309%	1h	1.0263	−0.166%	$894K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.0714%	1h	1.0278	−0.026%	$94K	$381K	10x	as long as short