Funding arb · Price arb /

SUI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0472%/8h= −51.7% APRpaid last 24h −0.136%

Price spread now: Reya against HTX+0.057%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 Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

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

The price spread pays, funding is against you. Reya is 0.057% dearer against HTX than usual: you sell high and buy low (spread +0.057% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 10 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX SUI-USDT	1.0413	0.0100	pay 0.0100% / 8h	6h 25m	$660K	$19.7M	75x
Short	Reya SUIRUSDPERP	1.0419	−0.0372	pay 0.0047% / 1h	25m 36s	$4K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now +0.057%Rate

Funding earned: −$99.18
Price spread: +0.057% → 0.000%: $5.72
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Reya: 3 bp × 2 orders: −$6
Net: −$111.47
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: HTX: live order book, 4 min ago; Reya: 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, 4 min ago	3.38 bp	10.9 bp −$11	24.8 bp −$248	44.9 bp −$4,488	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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 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	−1.700%	$42K	$123K	12x	as long as short
Hibachi SUI/USDT-P	−0.0448%	1h	1.0390	−0.225%	$6K	$19K	7x	as long as short
Reya SUIRUSDPERPshort	−0.0372%	1h	1.0419	+0.057%	$4K	$3K	20x
dYdX SUI-USD	0.0000%	1h	1.0379	−0.324%	$95K	$171K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0410	−0.026%	$508K	$5.1M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0421	+0.077%	$202K	$578K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0416	+0.031%	$114K	—	150x	as long as short
Kraken Futures PF_SUIUSD	+0.0011%	1h	1.0425	+0.112%	$6.8M	$27.0M	50x	as long as short
Bluefin SUI-PERP	+0.0081%	1h	1.0405	−0.077%	$595K	$415K	25x	as long as short
Lighter SUI	+0.0096%	1h	1.0386	−0.256%	$819K	$5.7M	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SUI	+0.0096%	1h	1.0386	−0.262%	$277K	$2.1M	10x	as long as short
01 Exchange SUIUSD	+0.0096%	1h	1.0387	−0.250%	$9K	$3K	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0413	0.000%	$30K	$493K	50x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0421	+0.080%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0420	+0.067%	$751K	$1.9M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0400	−0.129%	$914K	$5.0M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0380	−0.319%	$226K	$269K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0380	−0.317%	$151.9M	$1.05B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0381	−0.303%	$103.1M	$312.7M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0389	−0.230%	$40.9M	$392.5M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0390	−0.221%	$44K	$373K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0400	−0.124%	$245K	$3K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0384	−0.278%	$164.1M	$84.1M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0383	−0.288%	$149.7M	$299.1M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0384	−0.278%	$51.6M	$53.7M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0383	−0.288%	$67.6M	$171.8M	75x	as long as short
BingX SUI-USDT	+0.0100%	8h	1.0387	−0.250%	—	$82.4M	—	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	+0.046%	$2.4M	$3.2M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0359	−0.515%	$169K	$4.7M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0367	−0.444%	$451K	$7.5M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0365	−0.461%	$237K	$507K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0428	+0.144%	$120K	$726K	10x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0419	+0.058%	$47K	$256K	20x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0419	+0.058%	$2K	$1.8M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0420	+0.067%	$6K	$2.2M	10x	as long as short
HTX SUI-USDTlong	+0.0100%	8h	1.0413	long leg	$660K	$19.7M	75x
Phemex SUIUSDT	+0.0100%	8h	1.0416	+0.029%	$11.6M	$25.8M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0381	−0.310%	$1.4M	$4.0M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0419	+0.056%	$40K	$16K	3x	as long as short
Hyperliquid SUI	+0.0123%	1h	1.0395	−0.177%	$74.4M	$80.7M	10x	as long as short
Coinbase International SUI-PERP-INTX	+0.0152%	1h	1.0412	−0.010%	$1.0M	$14.7M	50x	as long as short
Phoenix SUI	+0.0221%	1h	1.0388	−0.236%	$206K	$595K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0615% / S −0.0271%	1h	1.0417	+0.037%	$967K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1021%	1h	1.0386	−0.264%	$78K	$378K	10x	as long as short