Funding arb · Price arb /

SUI

all SUI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Polymarket Perps against Nado+0.077%7-day average +0.059% · 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−$31as in the Price arb table

costs, in and out, $10k−$320.323% of the position

Long on Nado Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.135%−$13 · spread now +0.077%, 7d avg +0.059%

Together, before fees−0.135%+ Points / potential airdropNado: Active · farm board−$13 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado SUI-PERP	1.0420	0.0100	pay 0.0012% / 1h	25m 38s	$751K	$1.9M	10x
Short	Polymarket Perps SUI-USD	1.0428	0.0100	get 0.0013% / 1h	25m 38s	$120K	$726K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Nado. 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 NadobpFee Polymarket PerpsbpOrdersPrice spread, now +0.077%Rate

Funding earned: $0
Price spread: +0.077% → +0.059%: $1.76
Slippage, 4 orders: −$17.35
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$30.58
Costs to cover: 0.323%
Break-even: 3141868505929836.0 days

Slippage from Nado: live order book, 3 min ago; Polymarket Perps: live order book, 42 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 Nado live order book, 3 min ago	0.96 bp	7.0 bp −$7	19.3 bp −$193	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 42 min ago	2.32 bp	8.9 bp −$9	9.4 bp −$94	doesn't fit	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	−0.4499%	1h	1.0236	−1.766%	$42K	$123K	12x	as long as short
Hibachi SUI/USDT-P	−0.0448%	1h	1.0390	−0.292%	$6K	$19K	7x	as long as short
Reya SUIRUSDPERP	−0.0372%	1h	1.0419	−0.010%	$4K	$3K	20x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0379	−0.391%	$95K	$171K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0410	−0.093%	$508K	$5.1M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0421	+0.010%	$202K	$578K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0416	−0.036%	$114K	—	150x	as long as short
Kraken Futures PF_SUIUSD	+0.0011%	1h	1.0425	+0.045%	$6.8M	$27.0M	50x	as long as short
Bluefin SUI-PERP	+0.0081%	1h	1.0405	−0.144%	$595K	$415K	25x	as long as short
Lighter SUI	+0.0096%	1h	1.0386	−0.323%	$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	−0.329%	$277K	$2.1M	10x	as long as short
01 Exchange SUIUSD	+0.0096%	1h	1.0387	−0.317%	$9K	$3K	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0413	−0.067%	$30K	$493K	50x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0421	+0.012%	$27K	$9K	30x	as long as short
Nado SUI-PERPlong	+0.0100%	1h	1.0420	long leg	$751K	$1.9M	10x
Aster SUIUSDT	+0.0100%	8h	1.0400	−0.196%	$914K	$5.0M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0380	−0.386%	$226K	$269K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0380	−0.384%	$151.9M	$1.05B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0381	−0.370%	$103.1M	$312.7M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0389	−0.298%	$40.9M	$392.5M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0390	−0.288%	$44K	$373K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0400	−0.192%	$245K	$3K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0384	−0.345%	$164.1M	$84.1M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0383	−0.355%	$149.7M	$299.1M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0384	−0.345%	$51.6M	$53.7M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0383	−0.355%	$67.6M	$171.8M	75x	as long as short
BingX SUI-USDT	+0.0100%	8h	1.0387	−0.317%	—	$82.4M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0415	−0.048%	$693K	$1.2M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0418	−0.021%	$2.4M	$3.2M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0359	−0.582%	$169K	$4.7M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0367	−0.511%	$451K	$7.5M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0365	−0.528%	$237K	$507K	50x	as long as short
Polymarket Perps SUI-USDshort	+0.0100%	1h	1.0428	+0.077%	$120K	$726K	10x
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0419	−0.010%	$47K	$256K	20x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0419	−0.010%	$2K	$1.8M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0420	0.000%	$6K	$2.2M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0413	−0.067%	$660K	$19.7M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0416	−0.038%	$11.6M	$25.8M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0381	−0.377%	$1.4M	$4.0M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0419	−0.011%	$40K	$16K	3x	as long as short
Hyperliquid SUI	+0.0123%	1h	1.0395	−0.244%	$74.4M	$80.7M	10x	as long as short
Coinbase International SUI-PERP-INTX	+0.0152%	1h	1.0412	−0.077%	$1.0M	$14.7M	50x	as long as short
Phoenix SUI	+0.0221%	1h	1.0388	−0.303%	$206K	$595K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0615% / S −0.0271%	1h	1.0417	−0.030%	$967K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1021%	1h	1.0386	−0.331%	$78K	$378K	10x	as long as short