Funding arb · Price arb /

SUI

all SUI markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: Bybit against OKX+0.028%7-day average +0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$330.330% of the position

Long on OKX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.024%−$2 on $10k

Price spread, last 7 days−0.035%−$3 · spread now +0.028%, 7d avg +0.008%

Together, before fees−0.058%−$6 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SUI-USDT-SWAP	1.0156	0.0100	pay 0.0100% / 8h	2h 33m	$40.8M	$380.9M	50x
Short	Bybit SUIUSDT	1.0159	0.0100	get 0.0100% / 8h	2h 33m	$102.0M	$307.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against OKX. 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 OKXbpFee BybitbpOrdersPrice spread, now +0.028%Rate

Funding earned: $0
Price spread: +0.028% → +0.008%: $1.99
Slippage, 4 orders: −$12.04
Fee OKX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$31.06
Costs to cover: 0.330%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; Bybit: live order book, 5 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 OKX live order book, 5 min ago	0.49 bp	7.3 bp −$7	12.3 bp −$123	33.0 bp −$3,299	doesn't fit
Sell Bybit live order book, 5 min ago	0.99 bp	8.4 bp −$8	16.3 bp −$163	45.3 bp −$4,529	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 PERP	−0.2398%	1h	1.0035	−1.191%	$41K	$81K	12x	as long as short
Hibachi SUI/USDT-P	−0.0496%	1h	1.0155	−0.014%	$6K	$18K	7x	as long as short
Reya SUIRUSDPERP	−0.0366%	1h	1.0162	+0.056%	$4K	$3K	20x	as long as short
Bluefin SUI-PERP	−0.0119%	1h	1.0152	−0.039%	$581K	$406K	25x	as long as short
Kraken Futures PF_SUIUSD	−0.0022%	1h	1.0161	+0.053%	$6.8M	$23.7M	50x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0169	+0.133%	$93K	$66K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0178	+0.217%	$456K	$5.5M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0166	+0.098%	$185K	$546K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0002%	1h	1.0164	+0.077%	$118K	—	150x	as long as short
Lighter SUI	+0.0096%	1h	1.0160	+0.043%	$767K	$5.8M	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	1.0162	+0.054%	$250K	$2.0M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0167	+0.108%	$35K	$504K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0097%	8h	1.0163	+0.069%	$44K	$379K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0169	+0.128%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0167	+0.113%	$593K	$1.3M	10x	as long as short
Hyperliquid SUI	+0.0100%	1h	1.0167	+0.108%	$72.4M	$81.9M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0165	+0.085%	$982K	$4.5M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0168	+0.122%	$219K	$262K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0158	+0.020%	$150.3M	$1.03B	75x	as long as short
Bybit SUIUSDTshort	+0.0100%	8h	1.0159	+0.028%	$102.0M	$307.1M	50x
OKX SUI-USDT-SWAPlong	+0.0100%	8h	1.0156	long leg	$40.8M	$380.9M	50x
Arcus SUI-USD	+0.0100%	1h	1.0170	+0.138%	$147K	$297K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0139	−0.163%	$238K	$2K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0158	+0.020%	$163.4M	$81.1M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0159	+0.030%	$148.1M	$297.6M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0157	+0.010%	$53.1M	$51.3M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0152	−0.039%	$66.8M	$169.2M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0157	+0.010%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0158	+0.020%	$640K	$1.2M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0161	+0.051%	$2.2M	$2.8M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0131	−0.249%	$163K	$4.5M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0158	+0.023%	$446K	$7.1M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0164	+0.079%	$230K	$444K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0171	+0.148%	$106K	$796K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0176	+0.197%	$2K	$1.9M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0163	+0.069%	$6K	$2.4M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0157	+0.010%	$626K	$18.8M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0158	+0.020%	$11.4M	$24.4M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0156	+0.004%	$1.4M	$3.7M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0166	+0.102%	$48K	$37K	3x	as long as short
01 Exchange SUIUSD	+0.0128%	1h	1.0168	+0.118%	$9K	$9K	10x	as long as short
Coinbase International SUI-PERP-INTX	+0.0216%	1h	1.0165	+0.089%	$973K	$13.7M	50x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0161	+0.049%	$8.0M	$23.7M	100x	as long as short
Phoenix SUI	+0.0290%	1h	1.0170	+0.142%	$184K	$578K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0630% / S −0.0300%	1h	1.0162	+0.061%	$872K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.0720%	1h	1.0158	+0.019%	$92K	$378K	10x	as long as short