Funding arb · Price arb /

SUI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%

Price spread now: dYdX against SunX−0.097%7-day average — · you buy dearer than you sell

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

Long on SunX Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.207%−$21 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.097% cheaper against SunX than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SUI-USDT	1.0251	0.0100	pay 0.0100% / 8h	1h 09m	$2K	$1.9M	30x
Short	dYdX SUI-USD	1.0241	0	get 0.0000% / 1h	9m 01s	$93K	$66K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now −0.097%Rate

Funding earned: −$21
Price spread: −0.097% → 0.000%: −$9.67
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$48.67
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 6 min ago; dYdX: no order-book sample. 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 SunX live order book, 6 min ago	29.66 bp	44.4 bp −$44	doesn't fit	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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	−0.2926%	1h	1.0157	−0.917%	$42K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0368%	1h	1.0236	−0.144%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0264%	1h	1.0234	−0.164%	$6K	$19K	7x	as long as short
Bluefin SUI-PERP	−0.0150%	1h	1.0228	−0.224%	$586K	$404K	25x	as long as short
dYdX SUI-USDshort	0.0000%	1h	1.0241	−0.097%	$93K	$66K	10x
Kalshi KXSUIPERP	0.0000%	8h	1.0242	−0.087%	$457K	$5.5M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0241	−0.098%	$190K	$575K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0002%	1h	1.0239	−0.117%	$118K	—	150x	as long as short
Lighter SUI	+0.0096%	1h	1.0242	−0.084%	$785K	$5.9M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0246	−0.048%	$258K	$2.0M	10x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex SUIUSDT	+0.0096%	1h	1.0238	−0.127%	$37K	$500K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0099%	8h	1.0238	−0.127%	$45K	$330K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0243	−0.078%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0237	−0.132%	$591K	$1.4M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0242	−0.088%	$1.0M	$4.5M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0243	−0.078%	$222K	$263K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0243	−0.078%	$150.7M	$1.02B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0242	−0.087%	$102.4M	$306.7M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0238	−0.127%	$41.0M	$382.0M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0250	−0.010%	$45K	$387K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0242	−0.086%	$241K	$2K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0241	−0.098%	$164.6M	$81.0M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0243	−0.078%	$148.5M	$297.6M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0238	−0.127%	$51.4M	$52.1M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0236	−0.146%	$67.4M	$168.4M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0241	−0.098%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0241	−0.098%	$649K	$1.1M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0240	−0.106%	$2.3M	$2.8M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0239	−0.116%	$165K	$4.4M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0238	−0.123%	$448K	$7.0M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0235	−0.156%	$232K	$441K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0248	−0.029%	$107K	$793K	10x	as long as short
SunX SUI-USDTlong	+0.0100%	8h	1.0251	long leg	$2K	$1.9M	30x
SoDEX SUI-USD	+0.0100%	1h	1.0242	−0.088%	$6K	$2.4M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0241	−0.098%	$630K	$18.6M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0241	−0.098%	$11.5M	$24.7M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0238	−0.123%	$1.4M	$3.7M	50x	as long as short
01 Exchange SUIUSD	+0.0104%	1h	1.0251	0.000%	$9K	$9K	10x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0241	−0.095%	$48K	$37K	3x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0241	−0.098%	$7.9M	$23.7M	100x	as long as short
Coinbase International SUI-PERP-INTX	+0.0248%	1h	1.0251	0.000%	$973K	$13.9M	50x	as long as short
Kraken Futures PF_SUIUSD	+0.0297%	1h	1.0246	−0.044%	$7.1M	$24.1M	50x	as long as short
Phoenix SUI	+0.0346%	1h	1.0252	+0.012%	$203K	$574K	10x	as long as short
Hyperliquid SUI	+0.0528%	1h	1.0256	+0.049%	$73.2M	$80.2M	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0636% / S −0.0309%	1h	1.0237	−0.139%	$894K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.0752%	1h	1.0245	−0.056%	$93K	$381K	10x	as long as short