Funding arb · Price arb /

SUI

all SUI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.022%

Price spread now: dYdX against MEXC+0.009%7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$306as in the Funding arb table

Net, price: spread back to 7d avg − costs−$290as in the Price arb table

costs, in and out, $10k−$2902.904% of the position

Long on MEXC Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.152%−$15 on $10k

Price spread, last 4 days (all we have)+0.057%+$6 · spread now +0.009%, 7d avg +0.001%

Together, before fees−0.095%−$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.001%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SUI_USDT	1.0303	0.0100	pay 0.0100% / 8h	3h 29m	$153.0M	$294.0M	300x
Short	dYdX SUI-USD	1.0304	0	get 0.0000% / 1h	29m 31s	$129K	$227K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against MEXC. 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 MEXCbpFee dYdXbpOrdersPrice spread, now +0.009%Rate

Funding earned: −$21
Price spread: +0.009% → +0.001%: $0.76
Slippage, 4 orders: −$280.45
Fee MEXC: 0 bp × 2 orders: $0
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$310.68
Costs to cover: 2.904%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; dYdX: live order book, 45 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 MEXC live order book, 5 min ago	0.49 bp	0.5 bp $0	3.7 bp −$37	13.5 bp −$1,354	84.3 bp −$42.1K
Sell dYdX live order book, 45 min ago	30.82 bp	177.3 bp −$177	366.9 bp −$3,669	832.1 bp −$83.2K	978.0 bp −$489.0K

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	−0.3470%	1h	1.0224	−0.767%	$42K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0377%	1h	1.0304	+0.007%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0216%	1h	1.0306	+0.026%	$6K	$19K	7x	as long as short
Kraken Futures PF_SUIUSD	−0.0067%	1h	1.0320	+0.161%	$6.8M	$26.5M	50x	as long as short
dYdX SUI-USDshort	0.0000%	1h	1.0304	+0.009%	$129K	$227K	10x
Kalshi KXSUIPERP	0.0000%	8h	1.0338	+0.336%	$488K	$5.0M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0319	+0.155%	$200K	$572K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0315	+0.116%	$116K	—	150x	as long as short
Bluefin SUI-PERP	+0.0051%	1h	1.0306	+0.029%	$590K	$406K	25x	as long as short
Lighter SUI	+0.0096%	1h	1.0306	+0.025%	$789K	$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	1.0306	+0.032%	$307K	$2.2M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0299	−0.039%	$45K	$515K	50x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0310	+0.071%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0296	−0.068%	$582K	$2.1M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0305	+0.016%	$890K	$4.5M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0303	0.000%	$222K	$254K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0301	−0.018%	$148.7M	$1.02B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0302	−0.014%	$101.3M	$307.7M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0300	−0.029%	$40.4M	$385.2M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0310	+0.068%	$44K	$330K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0310	+0.068%	$242K	$5K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0299	−0.039%	$167.4M	$81.7M	50x	as long as short
MEXC SUI_USDTlong	+0.0100%	8h	1.0303	long leg	$153.0M	$294.0M	300x
KuCoin SUIUSDTM	+0.0100%	8h	1.0300	−0.029%	$50.4M	$54.1M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0301	−0.019%	$67.2M	$172.7M	75x	as long as short
BingX SUI-USDT	+0.0100%	8h	1.0297	−0.058%	—	$82.1M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0311	+0.078%	$651K	$1.3M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0342	+0.376%	$2.5M	$3.4M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0323	+0.194%	$168K	$4.5M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0335	+0.314%	$445K	$7.6M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0336	+0.320%	$226K	$431K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0311	+0.078%	$123K	$735K	10x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0316	+0.126%	$47K	$163K	20x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0368	+0.631%	$2K	$1.7M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0318	+0.146%	$15K	$2.0M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0314	+0.107%	$588K	$19.5M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0320	+0.165%	$11.8M	$27.0M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0293	−0.096%	$1.4M	$4.1M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0324	+0.204%	$39K	$11K	3x	as long as short
01 Exchange SUIUSD	+0.0152%	1h	1.0300	−0.029%	$9K	$3K	10x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0340	+0.359%	$7.8M	$24.8M	100x	as long as short
Coinbase International SUI-PERP-INTX	+0.0248%	1h	1.0329	+0.252%	$978K	$15.1M	50x	as long as short
Hyperliquid SUI	+0.0405%	1h	1.0313	+0.097%	$74.6M	$80.9M	10x	as long as short
Phoenix SUI	+0.0408%	1h	1.0326	+0.220%	$209K	$415K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0611% / S −0.0266%	1h	1.0315	+0.116%	$955K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1491%	1h	1.0329	+0.252%	$82K	$402K	10x	as long as short