Funding arb · Price arb /

SUI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: GRVT against Paradex+0.012%51s7-day average — · you sell dearer than you buy

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

Long on Paradex Short on GRVT

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—+ Points / potential airdropParadex: Active · GRVT: Active · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex SUI-USD-PERP	1.0130	0.0100	pay 0.0100% / 8h	7h 56m	$26K	$8K	30x
Short	GRVT SUI_USDT_Perp	1.0131	0.0100	get 0.0100% / 8h	7h 56m	$434K	$7.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Paradex. 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 ParadexbpFee GRVTbpOrdersPrice spread, now +0.012%Rate

Funding earned: $0
Price spread: +0.012% → 0.000%: $1.22
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$11.78
Costs to cover: 0.130%
Break-even: 118983107.0 days

Slippage unknown: Paradex: no order-book sample; GRVT: live order book, 3 min ago. 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 Paradex no order-book sample	—	—	—	—	—
Sell GRVT live order book, 3 min ago	2.46 bp	14.8 bp −$15	19.8 bp −$198	doesn't fit	doesn't fit

Paradex: 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	1.0041	−0.875%	$41K	$113K	12x	as long as short
Reya SUIRUSDPERP	−0.0382%	1h	1.0117	−0.125%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0240%	1h	1.0139	+0.090%	$5K	$18K	7x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0135	+0.056%	$95K	$257K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0130	0.000%	$377K	$4.2M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0114	−0.155%	$194K	$537K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0114	−0.155%	$114K	—	150x	as long as short
Bluefin SUI-PERP	+0.0075%	1h	1.0101	−0.283%	$579K	$453K	25x	as long as short
Gate SUI_USDT	+0.0084%	8h	1.0108	−0.214%	$167.1M	$79.0M	50x	as long as short
Lighter SUI	+0.0096%	1h	1.0116	−0.130%	$747K	$4.8M	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	1.0117	−0.125%	$300K	$2.1M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0126	−0.036%	$43K	$529K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0113	−0.164%	$47K	$367K	20x	as long as short
Paradex SUI-USD-PERPlong	+0.0100%	8h	1.0130	long leg	$26K	$8K	30x
Nado SUI-PERP	+0.0100%	1h	1.0129	−0.011%	$675K	$2.2M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0107	−0.223%	$897K	$4.2M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0134	+0.043%	$216K	$251K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0099	−0.305%	$144.7M	$985.2M	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0096	−0.335%	$97.2M	$307.4M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0093	−0.362%	$40.7M	$363.7M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0140	+0.102%	$43K	$321K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0140	+0.099%	$232K	$7K	10x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0114	−0.155%	$99.2M	$286.2M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0113	−0.164%	$50.8M	$51.7M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0087	−0.421%	$66.7M	$167.5M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0109	−0.204%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0106	−0.234%	$662K	$1.3M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0135	+0.054%	$2.4M	$3.3M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0128	−0.019%	$164K	$4.2M	20x	as long as short
GRVT SUI_USDT_Perpshort	+0.0100%	8h	1.0131	+0.012%	$434K	$7.0M	10x
ApeX Omni SUIUSDT	+0.0100%	1h	1.0123	−0.066%	$204K	$371K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0124	−0.056%	$122K	$522K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0136	+0.063%	$2K	$1.6M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0112	−0.174%	$7K	$1.6M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0106	−0.234%	$633K	$18.2M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0123	−0.066%	$11.7M	$28.2M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0108	−0.215%	$1.4M	$4.1M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0117	−0.120%	$38K	$11K	3x	as long as short
01 Exchange SUIUSD	+0.0136%	1h	1.0128	−0.016%	$8K	$3K	10x	as long as short
Hyperliquid SUI	+0.0155%	1h	1.0117	−0.125%	$73.0M	$77.6M	10x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0142	+0.122%	$7.5M	$24.4M	100x	as long as short
Kraken Futures PF_SUIUSD	+0.0285%	1h	1.0114	−0.157%	$6.8M	$21.5M	50x	as long as short
Coinbase International SUI-PERP-INTX	+0.0360%	1h	1.0141	+0.112%	$1.0M	$14.2M	50x	as long as short
Phoenix SUI	+0.0393%	1h	1.0149	+0.191%	$201K	$389K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0599% / S −0.0263%	1h	1.0113	−0.166%	$930K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1247%	1h	1.0137	+0.072%	$82K	$409K	10x	as long as short