Funding arb · Price arb /

SUI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%

Price spread now: SoDEX against SunX−0.158%7-day average −0.108% · 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−$138as in the Price arb table

costs, in and out, $10k−$1331.327% of the position

Long on SunX Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.048%+$5 · spread now −0.158%, 7d avg −0.108%

Together, before fees+0.048%+$5 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: SoDEX is 0.050% cheaper against SunX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.108%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SUI-USDT	1.0113	0.0100	pay 0.0100% / 8h	1h 33m	$3K	$1.6M	30x
Short	SoDEX SUI-USD	1.0097	0.0100	get 0.0013% / 1h	33m 26s	$6K	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.158%Rate

Funding earned: $0
Price spread: −0.158% → −0.108%: −$5
Slippage, 4 orders: −$116.71
Fee SunX: 4 bp × 2 orders: −$8
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$137.71
Costs to cover: 1.327%
Break-even: never at this rate

Slippage from SunX: live order book, 12 min ago; SoDEX: live order book, just now.

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, 12 min ago	29.96 bp	45.6 bp −$46	doesn't fit	doesn't fit	doesn't fit
Sell SoDEX live order book, just now	0.49 bp	8.8 bp −$9	18.1 bp −$181	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	−0.3536%	1h	1.0009	−1.028%	$41K	$113K	12x	as long as short
Reya SUIRUSDPERP	−0.0380%	1h	1.0111	−0.020%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0192%	1h	1.0093	−0.194%	$5K	$21K	7x	as long as short
Bluefin SUI-PERP	−0.0055%	1h	1.0082	−0.307%	$578K	$425K	25x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0108	−0.049%	$95K	$294K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0102	−0.110%	$373K	$4.9M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0097	−0.158%	$194K	$563K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0094	−0.188%	$114K	—	150x	as long as short
Lighter SUI	+0.0096%	1h	1.0116	+0.026%	$784K	$5.3M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0121	+0.080%	$296K	$2.2M	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	1.0121	+0.079%	$37K	$522K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0095	−0.178%	$46K	$211K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0116	+0.034%	$26K	$8K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0112	−0.005%	$534K	$2.1M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0119	+0.055%	$893K	$4.3M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0113	−0.002%	$216K	$261K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0120	+0.068%	$144.8M	$1.02B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0116	+0.030%	$98.4M	$316.3M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0114	+0.010%	$40.8M	$377.4M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0120	+0.069%	$43K	$329K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0133	+0.198%	$238K	$2K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0114	+0.010%	$165.4M	$83.2M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0118	+0.049%	$151.0M	$291.6M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0117	+0.040%	$49.4M	$52.9M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0110	−0.030%	$66.6M	$173.2M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0119	+0.059%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0101	−0.119%	$665K	$1.3M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0089	−0.240%	$2.4M	$3.4M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0114	+0.007%	$164K	$4.6M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0093	−0.198%	$437K	$7.4M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0117	+0.040%	$222K	$394K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0123	+0.099%	$125K	$677K	10x	as long as short
SunX SUI-USDTlong	+0.0100%	8h	1.0113	long leg	$3K	$1.6M	30x
SoDEX SUI-USDshort	+0.0100%	1h	1.0097	−0.158%	$6K	$1.8M	10x
HTX SUI-USDT	+0.0100%	8h	1.0094	−0.188%	$613K	$18.6M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0098	−0.148%	$11.6M	$28.1M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0116	+0.030%	$1.4M	$4.1M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0097	−0.158%	$38K	$11K	3x	as long as short
01 Exchange SUIUSD	+0.0192%	1h	1.0125	+0.119%	$9K	$2K	10x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0101	−0.119%	$7.5M	$24.4M	100x	as long as short
Coinbase International SUI-PERP-INTX	+0.0280%	1h	1.0093	−0.198%	$1.0M	$14.7M	50x	as long as short
Kraken Futures PF_SUIUSD	+0.0367%	1h	1.0097	−0.154%	$6.7M	$22.6M	50x	as long as short
Phoenix SUI	+0.0431%	1h	1.0114	+0.012%	$200K	$413K	10x	as long as short
Hyperliquid SUI	+0.0468%	1h	1.0125	+0.119%	$72.8M	$81.7M	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0598% / S −0.0263%	1h	1.0096	−0.173%	$928K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1408%	1h	1.0115	+0.021%	$82K	$410K	10x	as long as short