Funding arb · Price arb /

SUI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0080%/8h= +8.8% APRpaid last 24h +0.035%

Price spread now: 01 Exchange against Kalshi−0.086%7-day average — · you buy dearer than you sell

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

Long on Kalshi Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—needs both histories

Funding pays, the price is against you. 01 Exchange is 0.086% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.086% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 3.6 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXSUIPERP	1.0115	0	get 0.0000% / 8h	3h 31m	$375K	$4.2M	2.5x
Short	01 Exchange SUIUSD	1.0106	0.0080	get 0.0010% / 1h	31m 45s	$8K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Kalshi. 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 KalshibpFee 01 ExchangebpOrdersPrice spread, now −0.086%Rate

Funding earned: $16.8
Price spread: −0.086% → 0.000%: −$8.6
Slippage, 4 orders: no order book: not counted
Fee Kalshi: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$8.8
Costs to cover: 0.170%
Break-even: 10.7 days

Slippage unknown: Kalshi: live order book, 2 min ago; 01 Exchange: 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 Kalshi live order book, 2 min ago	7.46 bp	12.5 bp −$12	18.2 bp −$182	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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	1.0046	−0.679%	$41K	$113K	12x	as long as short
Reya SUIRUSDPERP	−0.0382%	1h	1.0101	−0.136%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0168%	1h	1.0138	+0.226%	$5K	$17K	7x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0104	−0.106%	$94K	$249K	10x	as long as short
Kalshi KXSUIPERPlong	0.0000%	8h	1.0115	long leg	$375K	$4.2M	2.5x
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0109	−0.056%	$194K	$536K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0104	−0.102%	$114K	—	150x	as long as short
01 Exchange SUIUSDshort	+0.0080%	1h	1.0106	−0.086%	$8K	$3K	10x
Lighter SUI	+0.0096%	1h	1.0104	−0.102%	$745K	$4.8M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0106	−0.082%	$309K	$2.2M	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	1.0104	−0.106%	$45K	$531K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0107	−0.076%	$46K	$504K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0104	−0.103%	$26K	$7K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0104	−0.101%	$671K	$2.2M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0107	−0.071%	$900K	$4.2M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0105	−0.096%	$215K	$251K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0104	−0.108%	$144.6M	$977.2M	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0100	−0.145%	$97.3M	$303.9M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0104	−0.106%	$40.8M	$359.0M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0110	−0.046%	$43K	$321K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0150	+0.353%	$232K	$7K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0103	−0.116%	$166.2M	$79.5M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0101	−0.135%	$98.7M	$288.3M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0105	−0.096%	$51.4M	$50.8M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0101	−0.135%	$66.7M	$165.9M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0103	−0.116%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0104	−0.106%	$662K	$1.3M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0139	+0.239%	$2.4M	$3.3M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0132	+0.170%	$163K	$4.2M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0132	+0.171%	$438K	$7.1M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0164	+0.487%	$205K	$371K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0105	−0.096%	$122K	$515K	10x	as long as short
Bluefin SUI-PERP	+0.0100%	1h	1.0094	−0.205%	$579K	$451K	25x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0137	+0.220%	$3K	$1.5M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0106	−0.086%	$6K	$1.6M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0109	−0.056%	$630K	$17.9M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0114	−0.007%	$11.7M	$28.3M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0101	−0.137%	$1.4M	$4.0M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0177	+0.616%	$39K	$11K	3x	as long as short
Hyperliquid SUI	+0.0109%	1h	1.0113	−0.017%	$72.9M	$76.9M	10x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0115	+0.003%	$7.5M	$24.3M	100x	as long as short
Kraken Futures PF_SUIUSD	+0.0285%	1h	1.0109	−0.054%	$6.8M	$21.4M	50x	as long as short
Coinbase International SUI-PERP-INTX	+0.0360%	1h	1.0109	−0.056%	$1.0M	$14.0M	50x	as long as short
Phoenix SUI	+0.0426%	1h	1.0132	+0.176%	$201K	$395K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0599% / S −0.0263%	1h	1.0104	−0.106%	$929K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1179%	1h	1.0134	+0.189%	$81K	$409K	10x	as long as short