Funding arb · Price arb /

SUI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0036%/8h= +3.9% APRpaid last 24h +0.005%

Price spread now: 01 Exchange against Paradex−0.049%7-day average — · you buy dearer than you sell

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

Long on Paradex Short on 01 Exchange

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 · farm boardneeds both histories

Funding pays, the price is against you. 01 Exchange is 0.049% cheaper against Paradex than usual: you would sell low and buy high (spread −0.049% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 4.5 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex SUI-USD-PERP	1.0337	0.0100	pay 0.0100% / 8h	3h 50m	$27K	$9K	30x
Short	01 Exchange SUIUSD	1.0332	0.0136	get 0.0017% / 1h	50m 11s	$9K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now −0.049%Rate

Funding earned: $7.56
Price spread: −0.049% → 0.000%: −$4.87
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$8.31
Costs to cover: 0.110%
Break-even: 14.7 days

Slippage unknown: Paradex: no order-book sample; 01 Exchange: no order-book sample. 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 01 Exchange no order-book sample	—	—	—	—	—

Paradex and 01 Exchange: 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	−0.3470%	1h	1.0250	−0.842%	$42K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0376%	1h	1.0323	−0.131%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0296%	1h	1.0353	+0.154%	$6K	$19K	7x	as long as short
Kraken Futures PF_SUIUSD	−0.0067%	1h	1.0328	−0.091%	$6.8M	$26.8M	50x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0335	−0.020%	$130K	$227K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0342	+0.051%	$497K	$5.0M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0326	−0.107%	$201K	$572K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0326	−0.105%	$116K	—	150x	as long as short
Bluefin SUI-PERP	+0.0011%	1h	1.0311	−0.252%	$590K	$406K	25x	as long as short
Lighter SUI	+0.0096%	1h	1.0331	−0.056%	$798K	$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	1.0330	−0.069%	$298K	$2.2M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0329	−0.078%	$43K	$515K	50x	as long as short
Paradex SUI-USD-PERPlong	+0.0100%	8h	1.0337	long leg	$27K	$9K	30x
Nado SUI-PERP	+0.0100%	1h	1.0330	−0.068%	$584K	$2.1M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0333	−0.039%	$903K	$4.6M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0339	+0.018%	$223K	$259K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0328	−0.087%	$149.7M	$1.03B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0328	−0.087%	$101.4M	$309.7M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0323	−0.136%	$40.4M	$387.1M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0340	+0.029%	$44K	$330K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0369	+0.309%	$244K	$5K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0326	−0.107%	$170.0M	$81.0M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0330	−0.068%	$151.9M	$292.1M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0324	−0.126%	$49.8M	$53.9M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0319	−0.174%	$67.4M	$172.5M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0323	−0.136%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0322	−0.145%	$652K	$1.4M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0352	+0.142%	$2.5M	$3.4M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0374	+0.358%	$171K	$4.5M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0396	+0.567%	$454K	$7.6M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0388	+0.493%	$228K	$429K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0336	−0.010%	$123K	$744K	10x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0324	−0.126%	$48K	$140K	20x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0316	−0.203%	$2K	$1.7M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0325	−0.116%	$14K	$2.1M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0326	−0.107%	$578K	$19.6M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0329	−0.078%	$11.8M	$26.9M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0319	−0.173%	$1.4M	$4.1M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0329	−0.078%	$39K	$11K	3x	as long as short
01 Exchange SUIUSDshort	+0.0136%	1h	1.0332	−0.049%	$9K	$3K	10x
BloFin SUI-USDT	+0.0220%	8h	1.0345	+0.077%	$7.8M	$24.8M	100x	as long as short
Coinbase International SUI-PERP-INTX	+0.0248%	1h	1.0329	−0.078%	$1.0M	$15.0M	50x	as long as short
Phoenix SUI	+0.0408%	1h	1.0389	+0.500%	$211K	$415K	10x	as long as short
Hyperliquid SUI	+0.0417%	1h	1.0340	+0.032%	$74.8M	$81.4M	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0611% / S −0.0267%	1h	1.0324	−0.122%	$954K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1506%	1h	1.0364	+0.264%	$83K	$402K	10x	as long as short