Funding arb · Price arb /

SUI

all SUI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: BingX against Popdex−0.010%7-day average −0.009% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$400.398% of the position

Long on Popdex Short on BingX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.003%$0 on $10k

Price spread, last 4 days (all we have)+0.003%$0 · spread now −0.010%, 7d avg −0.009%

Together, before fees+0.006%+$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Popdex SUIUSDT	1.0387	0.0096	pay 0.0012% / 1h	2m 14s	$41K	$493K	50x
Short	BingX SUI-USDC	1.0386	0.0100	get 0.0100% / 8h	2m 14s	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Popdex. 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 PopdexbpFee BingXbpOrdersPrice spread, now −0.010%Rate

Funding earned: $0.84
Price spread: −0.010% → −0.009%: −$0.06
Slippage, 4 orders: −$23.45
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee BingX: 5 bp × 2 orders: −$10
Net: −$39.07
Costs to cover: 0.398%
Break-even: 332.6 days

Slippage from Popdex: live order book, 12 min ago; BingX: live order book, 9 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 Popdex live order book, 12 min ago	2.13 bp	8.0 bp −$8	26.4 bp −$264	doesn't fit	doesn't fit
Sell BingX live order book, 9 min ago	0.96 bp	11.8 bp −$12	18.4 bp −$184	70.3 bp −$7,029	105.2 bp −$52.6K

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	−0.3474%	1h	1.0288	−0.953%	$42K	$123K	12x	as long as short
Hibachi SUI/USDT-P	−0.0376%	1h	1.0390	+0.032%	$6K	$19K	7x	as long as short
Reya SUIRUSDPERP	−0.0370%	1h	1.0382	−0.052%	$4K	$3K	20x	as long as short
Bluefin SUI-PERP	−0.0063%	1h	1.0380	−0.067%	$595K	$406K	25x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0393	+0.053%	$95K	$175K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0394	+0.070%	$464K	$5.2M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0389	+0.019%	$202K	$587K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0002%	1h	1.0386	−0.009%	$120K	—	150x	as long as short
01 Exchange SUIUSD	+0.0088%	1h	1.0391	+0.039%	$9K	$9K	10x	as long as short
Lighter SUI	+0.0096%	1h	1.0391	+0.040%	$798K	$5.9M	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	1.0394	+0.072%	$261K	$2.0M	10x	as long as short
Popdex SUIUSDTlong	+0.0096%	1h	1.0387	long leg	$41K	$493K	50x
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0388	+0.010%	$46K	$327K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0389	+0.020%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0380	−0.063%	$657K	$1.4M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0389	+0.018%	$1.0M	$4.8M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0394	+0.069%	$225K	$259K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0391	+0.039%	$154.2M	$1.03B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0396	+0.089%	$104.5M	$307.8M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0395	+0.077%	$41.8M	$389.1M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0380	−0.067%	$46K	$387K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0385	−0.019%	$167.5M	$81.9M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0395	+0.077%	$151.2M	$293.0M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0384	−0.029%	$51.2M	$52.8M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0393	+0.058%	$68.6M	$167.7M	75x	as long as short
BingX SUI-USDCshort	+0.0100%	8h	1.0386	−0.010%	—	$6.5M	—
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0393	+0.058%	$667K	$1.1M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0349	−0.365%	$2.3M	$2.9M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0363	−0.234%	$168K	$4.5M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0382	−0.051%	$446K	$7.1M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0366	−0.202%	$236K	$444K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0394	+0.067%	$108K	$771K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0399	+0.116%	$2K	$1.9M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0390	+0.029%	$6K	$2.4M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0380	−0.067%	$651K	$18.5M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0384	−0.029%	$11.6M	$25.0M	50x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0379	−0.081%	$244K	$2K	10x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0386	−0.014%	$1.4M	$3.8M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0395	+0.079%	$49K	$37K	3x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0392	+0.048%	$8.0M	$24.3M	100x	as long as short
Coinbase International SUI-PERP-INTX	+0.0224%	1h	1.0395	+0.077%	$1.0M	$14.1M	50x	as long as short
Kraken Futures PF_SUIUSD	+0.0272%	1h	1.0396	+0.085%	$7.2M	$24.2M	50x	as long as short
Phoenix SUI	+0.0327%	1h	1.0401	+0.140%	$206K	$593K	10x	as long as short
Hyperliquid SUI	+0.0615%	1h	1.0401	+0.135%	$75.5M	$80.9M	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0638% / S −0.0305%	1h	1.0385	−0.017%	$900K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.0835%	1h	1.0387	−0.003%	$94K	$382K	10x	as long as short