Funding arb · Price arb /

SUI

all SUI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.3570%/8h= +391.0% APRpaid last 24h +0.831%

Price spread now: OKX against Injective+1.249%7-day average +0.248% · you sell dearer than you buy

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

Long on Injective Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+3.617%+$362 on $10k

Price spread, last 4 days (all we have)−0.596%−$60 · spread now +1.249%, 7d avg +0.248%

Together, before fees+3.020%+$302 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$107 a day on $10k at the current rate, and OKX is 1.000% dearer against Injective than usual: you sell high and buy low: +$100 more if the spread goes back to its 7-day average of +0.248%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective SUI/USDC PERP	1.0250	−0.3470	get 0.0434% / 1h	55m 07s	$42K	$123K	12x
Short	OKX SUI-USDT-SWAP	1.0378	0.0100	get 0.0100% / 8h	3h 55m	$40.7M	$389.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Injective. 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 InjectivebpFee OKXbpOrdersPrice spread, now +1.249%Rate

Funding earned: $749.78
Price spread: +1.249% → +0.248%: $100.04
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee OKX: 5 bp × 2 orders: −$10
Net: $839.8
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Injective: live order book, 63 min ago; OKX: live order book, 4 min ago. 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 Injective live order book, 63 min ago	63.83 bp	2006030.4 bp −$2.01M	20112266.0 bp −$201.12M	200833520.0 bp −$20083.35M	1003178880.0 bp −$501589.44M
Sell OKX live order book, 4 min ago	0.48 bp	5.8 bp −$6	14.2 bp −$142	54.8 bp −$5,481	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 PERPlong	−0.3470%	1h	1.0250	long leg	$42K	$123K	12x
Reya SUIRUSDPERP	−0.0376%	1h	1.0354	+1.014%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0312%	1h	1.0356	+1.030%	$6K	$19K	7x	as long as short
Kraken Futures PF_SUIUSD	−0.0066%	1h	1.0373	+1.198%	$6.8M	$26.9M	50x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0361	+1.084%	$130K	$227K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0359	+1.063%	$496K	$5.0M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0363	+1.102%	$201K	$573K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0359	+1.063%	$116K	—	150x	as long as short
Bluefin SUI-PERP	+0.0015%	1h	1.0350	+0.976%	$592K	$406K	25x	as long as short
Lighter SUI	+0.0096%	1h	1.0370	+1.171%	$801K	$5.4M	10x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SUI	+0.0096%	1h	1.0369	+1.162%	$299K	$2.2M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0360	+1.073%	$42K	$511K	50x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0361	+1.080%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0355	+1.029%	$584K	$2.1M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0358	+1.053%	$906K	$4.6M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0365	+1.123%	$224K	$259K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0373	+1.204%	$150.4M	$1.03B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0381	+1.276%	$102.0M	$310.0M	50x	as long as short
OKX SUI-USDT-SWAPshort	+0.0100%	8h	1.0378	+1.249%	$40.7M	$389.1M	50x
Arcus SUI-USD	+0.0100%	1h	1.0360	+1.073%	$44K	$330K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0339	+0.868%	$243K	$6K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0358	+1.054%	$169.8M	$80.8M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0380	+1.268%	$153.1M	$291.9M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0363	+1.102%	$50.0M	$53.9M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0368	+1.151%	$67.7M	$172.5M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0379	+1.259%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0378	+1.249%	$656K	$1.4M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0363	+1.099%	$2.5M	$3.4M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0362	+1.092%	$170K	$4.5M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0356	+1.032%	$452K	$7.6M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0364	+1.112%	$228K	$429K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0365	+1.122%	$123K	$746K	10x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0362	+1.093%	$48K	$144K	20x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0348	+0.956%	$2K	$1.7M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0366	+1.132%	$14K	$2.1M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0376	+1.229%	$584K	$19.7M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0374	+1.210%	$11.9M	$26.8M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0360	+1.070%	$1.4M	$4.1M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0369	+1.156%	$39K	$11K	3x	as long as short
01 Exchange SUIUSD	+0.0144%	1h	1.0361	+1.083%	$9K	$2K	10x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0379	+1.259%	$7.9M	$24.9M	100x	as long as short
Coinbase International SUI-PERP-INTX	+0.0248%	1h	1.0369	+1.161%	$977K	$15.0M	50x	as long as short
Phoenix SUI	+0.0390%	1h	1.0371	+1.176%	$210K	$415K	10x	as long as short
Hyperliquid SUI	+0.0395%	1h	1.0392	+1.385%	$75.1M	$81.6M	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0612% / S −0.0267%	1h	1.0356	+1.038%	$957K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1505%	1h	1.0371	+1.177%	$83K	$402K	10x	as long as short