Funding arb · Price arb /

SUI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0316%/8h= −34.6% APRpaid last 24h −0.173%

Price spread now: Hibachi against HTX+0.004%7-day average — · you sell dearer than you buy

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

Long on HTX Short on Hibachi

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$9 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX SUI-USDT	1.0140	0.0100	pay 0.0100% / 8h	7h 48m	$634K	$18.2M	75x
Short	Hibachi SUI/USDT-P	1.0140	−0.0216	pay 0.0027% / 1h	48m 52s	$5K	$17K	7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hibachi 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 HibachibpOrdersPrice spread, now +0.004%Rate

Funding earned: −$66.36
Price spread: +0.004% → 0.000%: $0.35
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Hibachi: 4.5 bp × 2 orders: −$9
Net: −$87.01
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: HTX: live order book, 5 min ago; Hibachi: no order-book sample. 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 HTX live order book, 5 min ago	2.47 bp	10.9 bp −$11	24.7 bp −$247	47.7 bp −$4,773	doesn't fit
Sell Hibachi no order-book sample	—	—	—	—	—

Hibachi: 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	−0.3240%	1h	0.9994	−1.440%	$41K	$113K	12x	as long as short
Reya SUIRUSDPERP	−0.0382%	1h	1.0144	+0.035%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-Pshort	−0.0216%	1h	1.0140	+0.004%	$5K	$17K	7x
dYdX SUI-USD	0.0000%	1h	1.0143	+0.033%	$95K	$257K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0145	+0.048%	$376K	$4.2M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0149	+0.089%	$195K	$536K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0147	+0.065%	$114K	—	150x	as long as short
Bluefin SUI-PERP	+0.0086%	1h	1.0133	−0.069%	$581K	$452K	25x	as long as short
Lighter SUI	+0.0096%	1h	1.0151	+0.105%	$749K	$4.8M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0151	+0.107%	$301K	$2.1M	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	1.0148	+0.079%	$43K	$529K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0146	+0.059%	$47K	$419K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0145	+0.048%	$27K	$8K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0149	+0.094%	$674K	$2.2M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0149	+0.088%	$906K	$4.3M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0145	+0.048%	$216K	$251K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0148	+0.074%	$145.3M	$983.2M	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0148	+0.079%	$97.7M	$306.4M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0147	+0.069%	$41.0M	$364.4M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0150	+0.099%	$43K	$321K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0140	−0.003%	$232K	$7K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0145	+0.049%	$167.6M	$79.1M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0147	+0.069%	$100.9M	$287.0M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0150	+0.099%	$51.0M	$51.4M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0144	+0.039%	$67.0M	$166.9M	75x	as long as short
BingX SUI-USDT	+0.0100%	8h	1.0145	+0.049%	—	$88.1M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0147	+0.069%	$665K	$1.3M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0141	+0.008%	$2.4M	$3.3M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0121	−0.183%	$163K	$4.2M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0125	−0.148%	$434K	$7.0M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0128	−0.118%	$205K	$371K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0148	+0.079%	$122K	$520K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0162	+0.217%	$2K	$1.6M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0147	+0.069%	$6K	$1.6M	10x	as long as short
HTX SUI-USDTlong	+0.0100%	8h	1.0140	long leg	$634K	$18.2M	75x
Phemex SUIUSDT	+0.0100%	8h	1.0139	−0.010%	$11.7M	$28.2M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0142	+0.024%	$1.4M	$4.1M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0146	+0.061%	$39K	$11K	3x	as long as short
01 Exchange SUIUSD	+0.0120%	1h	1.0149	+0.089%	$8K	$3K	10x	as long as short
Hyperliquid SUI	+0.0145%	1h	1.0155	+0.148%	$73.3M	$77.5M	10x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0143	+0.030%	$7.6M	$24.4M	100x	as long as short
Kraken Futures PF_SUIUSD	+0.0284%	1h	1.0148	+0.081%	$6.8M	$21.5M	50x	as long as short
Coinbase International SUI-PERP-INTX	+0.0360%	1h	1.0128	−0.118%	$1.0M	$14.2M	50x	as long as short
Phoenix SUI	+0.0426%	1h	1.0158	+0.178%	$202K	$395K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0600% / S −0.0263%	1h	1.0146	+0.058%	$933K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1226%	1h	1.0143	+0.027%	$82K	$409K	10x	as long as short