Funding arb · Price arb /

SUI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%

Price spread now: ApeX Omni against SoDEX−0.133%74s7-day average +0.059% · 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—prices read too far apart to compare

costs, in and out, $10k−$400.402% of the position

Long on SoDEX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.002%$0 on $10k

Price spread, last 3 days (all we have)+0.023%+$2 · spread now −0.133%, 7d avg +0.059%

Together, before fees+0.025%+$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.193% cheaper against SoDEX than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of +0.059%. The two prices were read 74 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	SoDEX SUI-USD	1.0493	0.0100	pay 0.0013% / 1h	31m 49s	$6K	$2.3M	10x
Short	ApeX Omni SUIUSDT	1.0479	0.0100	get 0.0013% / 1h	31m 49s	$241K	$479K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against SoDEX. 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 SoDEXbpFee ApeX OmnibpOrdersPrice spread, now −0.133%Rate

Funding earned: $0
Price spread: −0.133% → +0.059%: −$19.26
Slippage, 4 orders: −$22.21
Fee SoDEX: 4 bp × 2 orders: −$8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$59.47
Costs to cover: 0.402%
Break-even: never at this rate

Slippage from SoDEX: live order book, 2 min ago; ApeX Omni: live order book, 41 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 SoDEX live order book, 2 min ago	0.48 bp	7.5 bp −$8	17.9 bp −$179	103.2 bp −$10.3K	doesn't fit
Sell ApeX Omni live order book, 41 min ago	4.83 bp	11.2 bp −$11	44.2 bp −$442	doesn't fit	doesn't fit

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	−0.3416%	1h	1.0330	−1.553%	$42K	$123K	12x	as long as short
Bluefin SUI-PERP	−0.0661%	1h	1.0481	−0.114%	$602K	$409K	25x	as long as short
Hibachi SUI/USDT-P	−0.0432%	1h	1.0507	+0.130%	$6K	$18K	7x	as long as short
Reya SUIRUSDPERP	−0.0371%	1h	1.0494	+0.009%	$4K	$3K	20x	as long as short
Phemex SUIUSDT	−0.0076%	8h	1.0500	+0.067%	$11.8M	$25.1M	50x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0495	+0.022%	$96K	$169K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0509	+0.153%	$482K	$5.0M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0500	+0.067%	$204K	$583K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0002%	1h	1.0497	+0.038%	$121K	—	150x	as long as short
Kraken Futures PF_SUIUSD	+0.0038%	1h	1.0498	+0.045%	$7.3M	$23.8M	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange SUIUSD	+0.0080%	1h	1.0492	−0.010%	$9K	$9K	10x	as long as short
Lighter SUI	+0.0096%	1h	1.0500	+0.071%	$814K	$5.8M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0503	+0.091%	$273K	$2.0M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0489	−0.038%	$29K	$486K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0494	+0.010%	$47K	$313K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0489	−0.034%	$28K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0488	−0.048%	$666K	$1.4M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0498	+0.047%	$1.0M	$4.8M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0491	−0.015%	$228K	$256K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0500	+0.068%	$156.0M	$1.02B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0500	+0.067%	$105.4M	$305.0M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0501	+0.076%	$42.1M	$386.8M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0480	−0.124%	$46K	$387K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0450	−0.413%	$246K	$813	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0497	+0.038%	$169.2M	$80.8M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0501	+0.076%	$154.5M	$293.7M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0493	0.000%	$51.2M	$52.8M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0493	0.000%	$69.1M	$165.5M	75x	as long as short
BingX SUI-USDT	+0.0100%	8h	1.0497	+0.038%	—	$81.4M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0492	−0.010%	$677K	$1.1M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0488	−0.049%	$2.4M	$2.9M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0495	+0.020%	$171K	$4.5M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0526	+0.310%	$458K	$7.4M	10x	as long as short
ApeX Omni SUIUSDTshort	+0.0100%	1h	1.0479	−0.133%	$241K	$479K	50x
Polymarket Perps SUI-USD	+0.0100%	1h	1.0502	+0.086%	$120K	$755K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0505	+0.114%	$2K	$1.9M	30x	as long as short
SoDEX SUI-USDlong	+0.0100%	1h	1.0493	long leg	$6K	$2.3M	10x
HTX SUI-USDT	+0.0100%	8h	1.0493	0.000%	$646K	$18.5M	75x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0495	+0.018%	$1.5M	$3.9M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0499	+0.062%	$40K	$16K	3x	as long as short
Coinbase International SUI-PERP-INTX	+0.0200%	1h	1.0490	−0.029%	$997K	$14.3M	50x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0500	+0.067%	$8.1M	$24.4M	100x	as long as short
Phoenix SUI	+0.0299%	1h	1.0513	+0.188%	$208K	$590K	10x	as long as short
Hyperliquid SUI	+0.0399%	1h	1.0513	+0.191%	$76.6M	$79.0M	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0640% / S −0.0324%	1h	1.0498	+0.044%	$913K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.0887%	1h	1.0485	−0.073%	$94K	$368K	10x	as long as short