Funding arb · Price arb /

SUI

all SUI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against HTX−0.050%7-day average −0.062% · you buy dearer than you sell

Net, funding: paid 7d − costs−$31as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$340.344% of the position

Long on HTX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.038%+$4 on $10k

Price spread, last 3 days (all we have)−0.022%−$2 · spread now −0.050%, 7d avg −0.062%

Together, before fees+0.016%+ Points / potential airdropExtended: Active · farm board+$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX SUI-USDT	1.0719	0.0100	pay 0.0100% / 8h	7h 15m	$666K	$19.0M	75x
Short	Extended SUI-USD	1.0714	0.0104	get 0.0013% / 1h	15m 49s	$1.5M	$4.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against HTX. 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 HTXbpFee ExtendedbpOrdersPrice spread, now −0.050%Rate

Funding earned: $0.84
Price spread: −0.050% → −0.062%: $1.25
Slippage, 4 orders: −$17.36
Fee HTX: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$32.26
Costs to cover: 0.344%
Break-even: 275.9 days

Slippage from HTX: live order book, 3 min ago; Extended: live order book, 3 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 HTX live order book, 3 min ago	5.63 bp	12.2 bp −$12	36.1 bp −$361	64.1 bp −$6,415	doesn't fit
Sell Extended live order book, 3 min ago	0.47 bp	4.4 bp −$4	7.3 bp −$73	doesn't fit	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	−0.3416%	1h	1.0391	−3.060%	$43K	$123K	12x	as long as short
Bluefin SUI-PERP	−0.0481%	1h	1.0697	−0.205%	$614K	$411K	25x	as long as short
Hibachi SUI/USDT-P	−0.0480%	1h	1.0638	−0.752%	$6K	$18K	7x	as long as short
Reya SUIRUSDPERP	−0.0371%	1h	1.0706	−0.122%	$4K	$3K	20x	as long as short
Phemex SUIUSDT	−0.0104%	8h	1.0703	−0.149%	$12.0M	$25.2M	50x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0696	−0.212%	$97K	$170K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0716	−0.030%	$558K	$4.9M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0717	−0.019%	$208K	$581K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0715	−0.039%	$118K	—	150x	as long as short
Kraken Futures PF_SUIUSD	+0.0037%	1h	1.0729	+0.090%	$7.4M	$24.1M	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange SUIUSD	+0.0056%	1h	1.0698	−0.196%	$9K	$9K	10x	as long as short
Lighter SUI	+0.0096%	1h	1.0715	−0.034%	$836K	$5.9M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0717	−0.019%	$279K	$2.1M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0696	−0.215%	$32K	$477K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0709	−0.093%	$50K	$310K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0738	+0.176%	$28K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0694	−0.229%	$716K	$1.5M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0712	−0.069%	$1.1M	$4.8M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0693	−0.243%	$234K	$251K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0717	−0.021%	$158.7M	$1.03B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0715	−0.036%	$106.8M	$306.5M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0712	−0.065%	$42.6M	$397.3M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0690	−0.271%	$47K	$387K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0632	−0.812%	$250K	$3K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0713	−0.056%	$175.4M	$82.3M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0711	−0.075%	$157.1M	$299.8M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0711	−0.075%	$52.2M	$53.0M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0716	−0.028%	$69.9M	$168.5M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0713	−0.056%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0715	−0.037%	$681K	$1.1M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0698	−0.197%	$2.5M	$2.9M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0681	−0.359%	$174K	$4.6M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0659	−0.559%	$461K	$7.1M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0682	−0.345%	$238K	$493K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0715	−0.037%	$122K	$748K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0721	+0.019%	$2K	$1.9M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0719	0.000%	$6K	$2.2M	10x	as long as short
HTX SUI-USDTlong	+0.0100%	8h	1.0719	long leg	$666K	$19.0M	75x
Extended SUI-USDshort	+0.0104%	1h	1.0714	−0.050%	$1.5M	$4.0M	50x
Aevo SUI-PERP	+0.0104%	1h	1.0714	−0.050%	$41K	$16K	3x	as long as short
Coinbase International SUI-PERP-INTX	+0.0200%	1h	1.0720	+0.009%	$1.0M	$14.9M	50x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0653	−0.616%	$8.1M	$25.3M	100x	as long as short
Phoenix SUI	+0.0299%	1h	1.0658	−0.565%	$211K	$590K	10x	as long as short
Hyperliquid SUI	+0.0423%	1h	1.0735	+0.149%	$77.8M	$79.2M	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0642% / S −0.0320%	1h	1.0715	−0.036%	$922K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.0929%	1h	1.0662	−0.535%	$79K	$378K	10x	as long as short