Funding arb · Price arb /

SUI

all SUI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0483%/8h= +52.9% APRpaid last 24h +0.139%

Price spread now: Binance against Reya−0.028%7-day average — · you buy dearer than you sell

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

Long on Reya Short on Binance

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 airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Binance is 0.028% cheaper against Reya than usual: you would sell low and buy high (spread −0.028% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 5 hours of funding at the current rate (+$14 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya SUIRUSDPERP	1.0240	−0.0383	get 0.0048% / 1h	9m 22s	$4K	$3K	20x
Short	Binance SUIUSDT	1.0237	0.0100	get 0.0100% / 8h	7h 09m	$145.5M	$952.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Reya. 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 ReyabpFee BinancebpOrdersPrice spread, now −0.028%Rate

Funding earned: $101.44
Price spread: −0.028% → 0.000%: −$2.84
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Binance: 5 bp × 2 orders: −$10
Net: $82.6
Costs to cover: 0.160%
Break-even: 1.3 days

Slippage unknown: Reya: no order-book sample; Binance: live order book, 5 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 Reya no order-book sample	—	—	—	—	—
Sell Binance live order book, 5 min ago	0.49 bp	6.2 bp −$6	10.8 bp −$108	26.8 bp −$2,676	88.7 bp −$44.3K

Reya: 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	1.0117	−1.200%	$42K	$113K	12x	as long as short
Reya SUIRUSDPERPlong	−0.0383%	1h	1.0240	long leg	$4K	$3K	20x
Hibachi SUI/USDT-P	−0.0248%	1h	1.0263	+0.229%	$6K	$17K	7x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0262	+0.218%	$96K	$245K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0261	+0.204%	$378K	$3.9M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0237	−0.028%	$197K	$528K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0236	−0.035%	$116K	—	150x	as long as short
Bluefin SUI-PERP	+0.0024%	1h	1.0226	−0.136%	$588K	$438K	25x	as long as short
01 Exchange SUIUSD	+0.0064%	1h	1.0254	+0.138%	$8K	$3K	10x	as long as short
Lighter SUI	+0.0096%	1h	1.0236	−0.040%	$759K	$4.9M	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	1.0239	−0.008%	$321K	$2.2M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0254	+0.138%	$48K	$517K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0242	+0.020%	$47K	$566K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0255	+0.147%	$27K	$6K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0251	+0.108%	$673K	$2.1M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0237	−0.026%	$913K	$4.1M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0260	+0.196%	$219K	$247K	10x	as long as short
Binance SUIUSDTshort	+0.0100%	8h	1.0237	−0.028%	$145.5M	$952.1M	75x
Bybit SUIUSDT	+0.0100%	8h	1.0238	−0.019%	$98.9M	$296.9M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0236	−0.038%	$41.4M	$352.5M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0250	+0.099%	$44K	$317K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0219	−0.204%	$234K	$7K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0241	+0.011%	$169.0M	$80.4M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0247	+0.069%	$97.4M	$292.2M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0257	+0.167%	$52.3M	$49.4M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0236	−0.038%	$67.5M	$160.5M	75x	as long as short
BingX SUI-USDT	+0.0100%	8h	1.0242	+0.020%	—	$86.8M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0262	+0.216%	$671K	$1.3M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0273	+0.321%	$2.4M	$3.2M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0268	+0.274%	$166K	$4.2M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0277	+0.361%	$443K	$6.9M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0265	+0.245%	$207K	$356K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0257	+0.167%	$124K	$512K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0263	+0.225%	$2K	$1.5M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0235	−0.048%	$6K	$1.5M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0238	−0.019%	$751K	$17.8M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0243	+0.030%	$11.8M	$28.4M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0233	−0.065%	$1.5M	$4.0M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0241	+0.016%	$39K	$11K	3x	as long as short
Hyperliquid SUI	+0.0177%	1h	1.0256	+0.157%	$74.1M	$74.7M	10x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0234	−0.058%	$7.5M	$24.4M	100x	as long as short
Kraken Futures PF_SUIUSD	+0.0281%	1h	1.0236	−0.043%	$6.9M	$21.2M	50x	as long as short
Coinbase International SUI-PERP-INTX	+0.0360%	1h	1.0244	+0.040%	$1.0M	$13.4M	50x	as long as short
Phoenix SUI	+0.0426%	1h	1.0259	+0.182%	$204K	$395K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0611% / S −0.0269%	1h	1.0238	−0.022%	$955K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1057%	1h	1.0253	+0.129%	$81K	$412K	10x	as long as short