Funding arb · Price arb /

SUI

all SUI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.011%

Price spread now: MEXC against SoDEX−0.029%7-day average −0.010% · 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−$22as in the Price arb table

costs, in and out, $10k−$200.203% of the position

Long on SoDEX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.015%−$2 on $10k

Price spread, last 3 days (all we have)+0.023%+$2 · spread now −0.029%, 7d avg −0.010%

Together, before fees+0.007%+$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX SUI-USD	1.0422	0.0100	pay 0.0013% / 1h	54m 14s	$6K	$2.4M	10x
Short	MEXC SUI_USDT	1.0419	0.0100	get 0.0100% / 8h	7h 54m	$151.4M	$289.5M	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.029%Rate

Funding earned: $0
Price spread: −0.029% → −0.010%: −$1.86
Slippage, 4 orders: −$12.25
Fee SoDEX: 4 bp × 2 orders: −$8
Fee MEXC: 0 bp × 2 orders: $0
Net: −$22.11
Costs to cover: 0.203%
Break-even: never at this rate

Slippage from SoDEX: live order book, 5 min ago; MEXC: live order book, 5 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, 5 min ago	0.96 bp	8.7 bp −$9	17.7 bp −$177	101.9 bp −$10.2K	doesn't fit
Sell MEXC live order book, 5 min ago	0.96 bp	1.1 bp −$1	4.7 bp −$47	15.7 bp −$1,574	84.5 bp −$42.3K

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	1.0260	−1.554%	$42K	$123K	12x	as long as short
ApeX Omni SUIUSDT	−0.0652%	1h	1.0416	−0.058%	$237K	$446K	50x	as long as short
Reya SUIRUSDPERP	−0.0370%	1h	1.0417	−0.052%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0368%	1h	1.0458	+0.341%	$6K	$19K	7x	as long as short
Bluefin SUI-PERP	−0.0269%	1h	1.0419	−0.029%	$598K	$406K	25x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0426	+0.034%	$96K	$176K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0432	+0.099%	$464K	$5.2M	2.5x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0002%	1h	1.0418	−0.036%	$120K	—	150x	as long as short
01 Exchange SUIUSD	+0.0032%	1h	1.0424	+0.019%	$9K	$9K	10x	as long as short
Deribit SUI_USDC-PERPETUAL	+0.0038%	1h	1.0433	+0.106%	$203K	$585K	25x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_SUIUSD	+0.0038%	1h	1.0428	+0.056%	$7.2M	$24.4M	50x	as long as short
Gate SUI_USDT	+0.0077%	8h	1.0419	−0.029%	$168.8M	$79.8M	50x	as long as short
Lighter SUI	+0.0096%	1h	1.0422	+0.001%	$799K	$5.8M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0423	+0.012%	$269K	$2.0M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0419	−0.029%	$32K	$503K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0429	+0.067%	$47K	$326K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0426	+0.041%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0417	−0.043%	$657K	$1.4M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0423	+0.009%	$1.0M	$4.8M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0428	+0.054%	$227K	$259K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0415	−0.067%	$155.1M	$1.04B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0434	+0.111%	$105.3M	$308.8M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0427	+0.048%	$41.8M	$391.5M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0420	−0.019%	$46K	$387K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0387	−0.337%	$244K	$2K	10x	as long as short
MEXC SUI_USDTshort	+0.0100%	8h	1.0419	−0.029%	$151.4M	$289.5M	300x
KuCoin SUIUSDTM	+0.0100%	8h	1.0416	−0.058%	$50.9M	$53.1M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0424	+0.019%	$68.5M	$168.5M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0415	−0.067%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0429	+0.067%	$679K	$1.1M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0476	+0.519%	$2.3M	$2.9M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0414	−0.075%	$169K	$4.5M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0437	+0.144%	$453K	$7.2M	10x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0425	+0.029%	$119K	$758K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0433	+0.106%	$3K	$1.9M	30x	as long as short
SoDEX SUI-USDlong	+0.0100%	1h	1.0422	long leg	$6K	$2.4M	10x
HTX SUI-USDT	+0.0100%	8h	1.0418	−0.038%	$645K	$18.6M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0426	+0.038%	$11.7M	$25.0M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0424	+0.019%	$1.5M	$3.8M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0173	−2.387%	$39K	$16K	3x	as long as short
Coinbase International SUI-PERP-INTX	+0.0200%	1h	1.0437	+0.144%	$995K	$14.2M	50x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0433	+0.106%	$8.0M	$24.5M	100x	as long as short
Phoenix SUI	+0.0327%	1h	1.0469	+0.447%	$208K	$590K	10x	as long as short
Hyperliquid SUI	+0.0533%	1h	1.0434	+0.113%	$75.8M	$80.2M	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0642% / S −0.0317%	1h	1.0416	−0.054%	$893K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.0938%	1h	1.0427	+0.045%	$95K	$382K	10x	as long as short