Funding arb · Price arb /

SUI

all SUI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Arcus against SunX−0.125%7-day average −0.118% · 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−$201as in the Price arb table

costs, in and out, $10k−$2002.002% of the position

Long on SunX Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.006%−$1 on $10k

Price spread, last 3 days (all we have)−0.034%−$3 · spread now −0.125%, 7d avg −0.118%

Together, before fees−0.041%−$4 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SUI-USDT	1.0383	0.0100	pay 0.0100% / 8h	6h 05m	$2K	$1.8M	30x
Short	Arcus SUI-USD	1.0370	0.0100	get 0.0013% / 1h	5m 53s	$44K	$373K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against SunX. 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 SunXbpFee ArcusbpOrdersPrice spread, now −0.125%Rate

Funding earned: $0
Price spread: −0.125% → −0.118%: −$0.71
Slippage, 4 orders: −$187.67
Fee SunX: 4 bp × 2 orders: −$8
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$200.87
Costs to cover: 2.002%
Break-even: never at this rate

Slippage from SunX: live order book, 10 min ago; Arcus: live order book, 63 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 SunX live order book, 10 min ago	65.06 bp	79.5 bp −$80	doesn't fit	doesn't fit	doesn't fit
Sell Arcus live order book, 63 min ago	4.64 bp	8.8 bp −$9	23.9 bp −$239	doesn't fit	doesn't fit

SUI on 45 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	−0.4499%	1h	1.0250	−1.281%	$42K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0373%	1h	1.0367	−0.156%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0304%	1h	1.0374	−0.089%	$6K	$19K	7x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0372	−0.107%	$94K	$170K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0385	+0.017%	$506K	$4.9M	2.5x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0364	−0.187%	$113K	—	150x	as long as short
Kraken Futures PF_SUIUSD	+0.0012%	1h	1.0367	−0.154%	$6.8M	$27.0M	50x	as long as short
Bluefin SUI-PERP	+0.0060%	1h	1.0355	−0.270%	$593K	$413K	25x	as long as short
Lighter SUI	+0.0096%	1h	1.0368	−0.146%	$816K	$5.7M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0369	−0.136%	$276K	$2.1M	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex SUIUSDT	+0.0096%	1h	1.0369	−0.135%	$31K	$494K	50x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0364	−0.180%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0373	−0.101%	$735K	$1.9M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0354	−0.283%	$909K	$4.9M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0372	−0.107%	$226K	$268K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0356	−0.260%	$151.3M	$1.04B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0355	−0.269%	$102.9M	$310.4M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0353	−0.289%	$40.7M	$387.3M	50x	as long as short
Arcus SUI-USDshort	+0.0100%	1h	1.0370	−0.125%	$44K	$373K	10x
Bulk SUI-USD	+0.0100%	1h	1.0361	−0.216%	$244K	$4K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0355	−0.270%	$164.2M	$84.6M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0355	−0.270%	$149.8M	$301.3M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0351	−0.308%	$50.4M	$53.7M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0354	−0.279%	$67.3M	$170.2M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0355	−0.270%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0355	−0.270%	$674K	$1.2M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0364	−0.186%	$2.4M	$3.2M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0350	−0.319%	$169K	$4.7M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0361	−0.208%	$449K	$7.4M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0344	−0.376%	$236K	$474K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0380	−0.029%	$120K	$723K	10x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0367	−0.154%	$47K	$244K	20x	as long as short
SunX SUI-USDTlong	+0.0100%	8h	1.0383	long leg	$2K	$1.8M	30x
SoDEX SUI-USD	+0.0100%	1h	1.0365	−0.173%	$6K	$2.1M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0363	−0.193%	$600K	$19.9M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0366	−0.164%	$11.6M	$25.9M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0351	−0.308%	$1.5M	$4.1M	50x	as long as short
01 Exchange SUIUSD	+0.0104%	1h	1.0370	−0.125%	$9K	$3K	10x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0370	−0.125%	$39K	$16K	3x	as long as short
Coinbase International SUI-PERP-INTX	+0.0152%	1h	1.0377	−0.058%	$989K	$14.6M	50x	as long as short
Phoenix SUI	+0.0221%	1h	1.0373	−0.093%	$206K	$595K	10x	as long as short
Hyperliquid SUI	+0.0261%	1h	1.0366	−0.164%	$74.5M	$80.0M	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0626% / S −0.0278%	1h	1.0363	−0.197%	$978K	—	100x	as long as short
Deribit SUI_USDC-PERPETUAL	+0.0811%	1h	1.0376	−0.067%	$201K	$577K	25x	as long as short
Aftermath Perps SUIUSD	+0.1094%	1h	1.0381	−0.016%	$82K	$382K	10x	as long as short