Funding arb · Price arb /

SUI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0012%/8h= +1.3% APRpaid last 24h +0.011%

Price spread now: 01 Exchange against SunX−0.089%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 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—needs both histories

Funding pays, the price is against you. 01 Exchange is 0.089% cheaper against SunX than usual: you would sell low and buy high (spread −0.089% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 25 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SUI-USDT	1.0141	0.0100	pay 0.0100% / 8h	2h 30m	$2K	$1.9M	30x
Short	01 Exchange SUIUSD	1.0132	0.0112	get 0.0014% / 1h	30m 22s	$9K	$9K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now −0.089%Rate

Funding earned: $2.52
Price spread: −0.089% → 0.000%: −$8.87
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$21.35
Costs to cover: 0.150%
Break-even: 66.3 days

Slippage unknown: SunX: live order book, 5 min ago; 01 Exchange: 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, 5 min ago	29.96 bp	44.6 bp −$45	doesn't fit	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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	−0.2398%	1h	1.0035	−1.045%	$41K	$81K	12x	as long as short
Hibachi SUI/USDT-P	−0.0496%	1h	1.0142	+0.013%	$6K	$18K	7x	as long as short
Reya SUIRUSDPERP	−0.0366%	1h	1.0130	−0.111%	$4K	$3K	20x	as long as short
Bluefin SUI-PERP	−0.0134%	1h	1.0114	−0.266%	$579K	$406K	25x	as long as short
Kraken Futures PF_SUIUSD	−0.0022%	1h	1.0131	−0.095%	$6.8M	$23.7M	50x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0128	−0.132%	$92K	$66K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0140	−0.006%	$454K	$5.5M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0130	−0.108%	$185K	$546K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0002%	1h	1.0131	−0.100%	$117K	—	150x	as long as short
Lighter SUI	+0.0096%	1h	1.0128	−0.129%	$767K	$5.9M	10x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SUI	+0.0096%	1h	1.0134	−0.067%	$250K	$2.0M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0130	−0.108%	$35K	$503K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0098%	8h	1.0128	−0.128%	$44K	$379K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0126	−0.145%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0130	−0.104%	$590K	$1.3M	10x	as long as short
Hyperliquid SUI	+0.0100%	1h	1.0140	−0.013%	$72.2M	$81.9M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0135	−0.062%	$978K	$4.5M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0129	−0.120%	$219K	$262K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0131	−0.099%	$150.0M	$1.03B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0131	−0.099%	$101.6M	$306.9M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0127	−0.138%	$40.7M	$379.7M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0130	−0.108%	$146K	$297K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0155	+0.143%	$239K	$2K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0129	−0.118%	$162.9M	$81.1M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0130	−0.108%	$147.3M	$297.8M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0129	−0.118%	$53.0M	$51.2M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0123	−0.177%	$66.6M	$169.2M	75x	as long as short
BingX SUI-USDT	+0.0100%	8h	1.0131	−0.099%	—	$81.6M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0140	−0.010%	$639K	$1.2M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0147	+0.060%	$2.2M	$2.8M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0149	+0.083%	$163K	$4.5M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0166	+0.247%	$446K	$7.1M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0143	+0.020%	$230K	$444K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0137	−0.039%	$105K	$796K	10x	as long as short
SunX SUI-USDTlong	+0.0100%	8h	1.0141	long leg	$2K	$1.9M	30x
SoDEX SUI-USD	+0.0100%	1h	1.0128	−0.128%	$6K	$2.4M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0127	−0.138%	$622K	$18.8M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0132	−0.089%	$11.3M	$24.4M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0126	−0.145%	$1.4M	$3.7M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0129	−0.123%	$48K	$37K	3x	as long as short
01 Exchange SUIUSDshort	+0.0112%	1h	1.0132	−0.089%	$9K	$9K	10x
Coinbase International SUI-PERP-INTX	+0.0216%	1h	1.0129	−0.118%	$969K	$13.6M	50x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0143	+0.020%	$7.9M	$23.6M	100x	as long as short
Phoenix SUI	+0.0290%	1h	1.0173	+0.319%	$184K	$578K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0628% / S −0.0300%	1h	1.0129	−0.118%	$868K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.0717%	1h	1.0148	+0.067%	$92K	$378K	10x	as long as short