Funding arb · Price arb /

SUI

all SUI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: edgeX against SunX−0.133%7-day average −0.140% · you buy dearer than you sell

Net, funding: paid 7d − costs−$127as in the Funding arb table

Net, price: spread back to 7d avg − costs−$126as in the Price arb table

costs, in and out, $10k−$1271.267% of the position

Long on SunX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 3 days (all we have)−0.122%−$12 · spread now −0.133%, 7d avg −0.140%

Together, before fees−0.122%+ Points / potential airdropedgeX: Active · farm board−$12 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	1.0460	0.0100	pay 0.0100% / 8h	7h 38m	$3K	$1.9M	30x
Short	edgeX SUIUSDC	1.0446	0.0100	get 0.0050% / 4h	3h 38m	$170K	$4.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.133%Rate

Funding earned: $0
Price spread: −0.133% → −0.140%: $0.68
Slippage, 4 orders: −$109.72
Fee SunX: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$126.03
Costs to cover: 1.267%
Break-even: never at this rate

Slippage from SunX: live order book, 7 min ago; edgeX: 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 SunX live order book, 7 min ago	30.28 bp	44.9 bp −$45	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 5 min ago	1.92 bp	6.4 bp −$6	9.7 bp −$97	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	1.0273	−1.788%	$42K	$123K	12x	as long as short
Hibachi SUI/USDT-P	−0.0416%	1h	1.0483	+0.224%	$6K	$19K	7x	as long as short
Reya SUIRUSDPERP	−0.0371%	1h	1.0446	−0.139%	$4K	$3K	20x	as long as short
Bluefin SUI-PERP	−0.0242%	1h	1.0432	−0.268%	$598K	$410K	25x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0450	−0.092%	$96K	$169K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0454	−0.060%	$480K	$5.0M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0442	−0.172%	$203K	$583K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0002%	1h	1.0450	−0.096%	$120K	—	150x	as long as short
Kraken Futures PF_SUIUSD	+0.0038%	1h	1.0443	−0.165%	$7.3M	$24.0M	50x	as long as short
01 Exchange SUIUSD	+0.0080%	1h	1.0446	−0.134%	$9K	$9K	10x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex SUIUSDT	+0.0084%	8h	1.0442	−0.172%	$11.7M	$25.0M	50x	as long as short
Lighter SUI	+0.0096%	1h	1.0443	−0.165%	$806K	$5.8M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0445	−0.140%	$268K	$2.0M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0441	−0.182%	$33K	$485K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0448	−0.115%	$47K	$318K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0443	−0.167%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0440	−0.191%	$658K	$1.4M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0450	−0.096%	$992K	$4.8M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0449	−0.109%	$227K	$256K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0442	−0.171%	$155.1M	$1.03B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0438	−0.207%	$104.6M	$306.1M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0430	−0.287%	$41.7M	$386.8M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0440	−0.191%	$46K	$387K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0367	−0.894%	$244K	$1K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0442	−0.172%	$168.3M	$80.5M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0444	−0.153%	$151.8M	$292.3M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0441	−0.182%	$50.9M	$52.9M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0438	−0.210%	$68.7M	$166.4M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0440	−0.191%	—	$6.6M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0443	−0.163%	$678K	$1.1M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0445	−0.145%	$2.3M	$2.9M	—	as long as short
edgeX SUIUSDCshort	+0.0100%	4h	1.0446	−0.133%	$170K	$4.5M	20x
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0448	−0.119%	$451K	$7.2M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0462	+0.019%	$240K	$479K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0455	−0.048%	$119K	$757K	10x	as long as short
SunX SUI-USDTlong	+0.0100%	8h	1.0460	long leg	$3K	$1.9M	30x
SoDEX SUI-USD	+0.0100%	1h	1.0438	−0.210%	$6K	$2.3M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0440	−0.191%	$651K	$18.6M	75x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0441	−0.183%	$1.5M	$3.9M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0446	−0.139%	$40K	$16K	3x	as long as short
Coinbase International SUI-PERP-INTX	+0.0200%	1h	1.0449	−0.105%	$993K	$14.3M	50x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0450	−0.096%	$8.1M	$24.4M	100x	as long as short
Phoenix SUI	+0.0299%	1h	1.0454	−0.060%	$207K	$590K	10x	as long as short
Hyperliquid SUI	+0.0367%	1h	1.0455	−0.048%	$76.0M	$78.7M	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0637% / S −0.0324%	1h	1.0451	−0.091%	$908K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.0897%	1h	1.0436	−0.230%	$93K	$368K	10x	as long as short