Funding arb · Price arb /

SUI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.006%

Price spread now: SoDEX against MEXC+0.116%7-day average +0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$8as in the Price arb table

costs, in and out, $10k−$190.185% of the position

Long on MEXC Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.008%+$1 on $10k

Price spread, last 3 days (all we have)−0.104%−$10 · spread now +0.116%, 7d avg +0.013%

Together, before fees−0.096%−$10 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.103% dearer against MEXC than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.013%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SUI_USDT	1.0354	0.0100	pay 0.0100% / 8h	5h 57m	$150.5M	$289.3M	300x
Short	SoDEX SUI-USD	1.0366	0.0100	get 0.0013% / 1h	57m 34s	$6K	$2.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +0.116%Rate

Funding earned: $0
Price spread: +0.116% → +0.013%: $10.27
Slippage, 4 orders: −$10.53
Fee MEXC: 0 bp × 2 orders: $0
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$8.26
Costs to cover: 0.185%
Break-even: never at this rate

Slippage from MEXC: live order book, 2 min ago; SoDEX: live order book, 1 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, 2 min ago	1.44 bp	1.4 bp −$1	2.6 bp −$26	14.9 bp −$1,486	85.1 bp −$42.5K
Sell SoDEX live order book, 1 min ago	0.96 bp	7.8 bp −$8	17.7 bp −$177	102.5 bp −$10.3K	doesn't fit

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	−0.3542%	1h	1.0252	−0.985%	$42K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0373%	1h	1.0358	+0.038%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0272%	1h	1.0353	−0.012%	$6K	$19K	7x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0352	−0.020%	$94K	$168K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0385	+0.301%	$509K	$4.8M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0367	+0.126%	$201K	$576K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0367	+0.122%	$113K	—	150x	as long as short
Bluefin SUI-PERP	+0.0004%	1h	1.0355	+0.010%	$593K	$413K	25x	as long as short
Lighter SUI	+0.0096%	1h	1.0359	+0.046%	$817K	$5.5M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0360	+0.059%	$276K	$2.1M	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex SUIUSDT	+0.0096%	1h	1.0357	+0.029%	$31K	$498K	50x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0355	+0.013%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0356	+0.019%	$715K	$1.9M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0357	+0.028%	$908K	$4.8M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0359	+0.048%	$226K	$266K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0357	+0.029%	$151.5M	$1.03B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0356	+0.022%	$102.9M	$308.6M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0358	+0.039%	$40.9M	$383.5M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0360	+0.058%	$44K	$373K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0351	−0.029%	$243K	$4K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0353	−0.010%	$163.9M	$82.2M	50x	as long as short
MEXC SUI_USDTlong	+0.0100%	8h	1.0354	long leg	$150.5M	$289.3M	300x
KuCoin SUIUSDTM	+0.0100%	8h	1.0355	+0.010%	$50.4M	$53.7M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0356	+0.019%	$67.4M	$168.5M	75x	as long as short
BingX SUI-USDT	+0.0100%	8h	1.0354	0.000%	—	$82.1M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0352	−0.019%	$708K	$1.2M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0383	+0.277%	$2.4M	$3.2M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0383	+0.276%	$169K	$4.7M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0370	+0.155%	$453K	$7.5M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0361	+0.068%	$236K	$470K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0371	+0.164%	$121K	$729K	10x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0365	+0.106%	$47K	$242K	20x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0399	+0.435%	$2K	$1.8M	30x	as long as short
SoDEX SUI-USDshort	+0.0100%	1h	1.0366	+0.116%	$6K	$2.1M	10x
HTX SUI-USDT	+0.0100%	8h	1.0357	+0.029%	$591K	$19.8M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0357	+0.029%	$11.6M	$26.0M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0352	−0.018%	$1.4M	$4.0M	50x	as long as short
01 Exchange SUIUSD	+0.0104%	1h	1.0360	+0.058%	$9K	$3K	10x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0369	+0.143%	$39K	$11K	3x	as long as short
Coinbase International SUI-PERP-INTX	+0.0176%	1h	1.0365	+0.106%	$971K	$14.5M	50x	as long as short
Phoenix SUI	+0.0221%	1h	1.0426	+0.695%	$207K	$530K	10x	as long as short
Kraken Futures PF_SUIUSD	+0.0290%	1h	1.0367	+0.130%	$6.8M	$26.9M	50x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0616% / S −0.0272%	1h	1.0365	+0.104%	$965K	—	100x	as long as short
Hyperliquid SUI	+0.0649%	1h	1.0370	+0.155%	$74.8M	$80.2M	10x	as long as short
Aftermath Perps SUIUSD	+0.1158%	1h	1.0382	+0.271%	$82K	$383K	10x	as long as short