Funding arb · Price arb /

SUI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0603%/8h= +66.1% APRpaid last 24h +0.175%

Price spread now: BloFin against Reya−0.037%46s7-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 BloFin

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. BloFin is 0.037% cheaper against Reya than usual: you would sell low and buy high (spread −0.037% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 5 hours of funding at the current rate (+$18 a day). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya SUIRUSDPERP	1.0257	−0.0383	get 0.0048% / 1h	1m 46s	$4K	$3K	20x
Short	BloFin SUI-USDT	1.0253	0.0220	get 0.0220% / 8h	7h 01m	$7.5M	$24.4M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.037%Rate

Funding earned: $126.68
Price spread: −0.037% → 0.000%: −$3.69
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee BloFin: 6 bp × 2 orders: −$12
Net: $104.99
Costs to cover: 0.180%
Break-even: 1.2 days

Slippage unknown: Reya: no order-book sample; BloFin: live order book, 7 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 BloFin live order book, 7 min ago	1.46 bp	8.4 bp −$8	11.8 bp −$118	21.2 bp −$2,116	46.7 bp −$23.3K

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	1.0143	−1.109%	$42K	$113K	12x	as long as short
Reya SUIRUSDPERPlong	−0.0383%	1h	1.0257	long leg	$4K	$3K	20x
Hibachi SUI/USDT-P	−0.0288%	1h	1.0239	−0.178%	$6K	$17K	7x	as long as short
Bluefin SUI-PERP	−0.0005%	1h	1.0248	−0.086%	$589K	$437K	25x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0258	+0.015%	$96K	$245K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0280	+0.227%	$378K	$3.9M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0262	+0.051%	$197K	$527K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0264	+0.070%	$116K	—	150x	as long as short
01 Exchange SUIUSD	+0.0048%	1h	1.0255	−0.017%	$8K	$3K	10x	as long as short
Lighter SUI	+0.0096%	1h	1.0278	+0.204%	$760K	$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	1.0279	+0.219%	$323K	$2.2M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0260	+0.031%	$52K	$517K	50x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0273	+0.163%	$27K	$6K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0256	−0.003%	$676K	$2.1M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0277	+0.198%	$923K	$4.0M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0277	+0.199%	$219K	$247K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0277	+0.199%	$145.8M	$944.5M	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0265	+0.080%	$98.9M	$294.4M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0262	+0.051%	$41.5M	$349.5M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0260	+0.031%	$43K	$318K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0247	−0.096%	$235K	$7K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0272	+0.148%	$169.9M	$80.8M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0269	+0.119%	$95.9M	$292.9M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0270	+0.129%	$52.7M	$49.2M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0258	+0.012%	$67.7M	$158.6M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0261	+0.041%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0265	+0.080%	$673K	$1.3M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0252	−0.048%	$2.4M	$3.1M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0240	−0.167%	$164K	$4.2M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0239	−0.169%	$449K	$7.0M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0244	−0.125%	$207K	$356K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0263	+0.061%	$124K	$511K	10x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0261	+0.041%	$47K	$613K	20x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0273	+0.158%	$3K	$1.5M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0260	+0.031%	$6K	$1.5M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0269	+0.119%	$787K	$17.6M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0260	+0.031%	$11.8M	$28.5M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0257	+0.002%	$1.5M	$3.9M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0262	+0.053%	$39K	$11K	3x	as long as short
Hyperliquid SUI	+0.0190%	1h	1.0280	+0.226%	$74.3M	$74.8M	10x	as long as short
BloFin SUI-USDTshort	+0.0220%	8h	1.0253	−0.037%	$7.5M	$24.4M	100x
Kraken Futures PF_SUIUSD	+0.0280%	1h	1.0265	+0.078%	$6.9M	$21.1M	50x	as long as short
Coinbase International SUI-PERP-INTX	+0.0360%	1h	1.0261	+0.041%	$1.0M	$13.0M	50x	as long as short
Phoenix SUI	+0.0426%	1h	1.0261	+0.039%	$206K	$395K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0611% / S −0.0269%	1h	1.0262	+0.046%	$956K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1034%	1h	1.0258	+0.014%	$81K	$412K	10x	as long as short