Funding arb · Price arb /

SUI

all SUI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%

Price spread now: SoDEX against Variational Omni−0.026%60s7-day average −0.030% · you buy dearer than you sell

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

Long on Variational Omni Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.004%$0 on $10k

Price spread, last 4 days (all we have)+0.189%+$19 · spread now −0.026%, 7d avg −0.030%

Together, before fees+0.185%+ Points / potential airdropVariational Omni: Active · farm board+$19 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni SUI	1.0363	0.0100	pay 0.0100% / 8h	3h 55m	$2.5M	$3.4M	—
Short	SoDEX SUI-USD	1.0360	0.0100	get 0.0013% / 1h	55m 26s	$14K	$2.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Variational Omni. 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 Variational OmnibpFee SoDEXbpOrdersPrice spread, now −0.026%Rate

Funding earned: $0
Price spread: −0.026% → −0.030%: $0.39
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$7.61
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 4 min ago; SoDEX: live order book, 4 min ago. 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 Variational Omni RFQ quote, 4 min ago	3.24 bp	doesn't fit	11.0 bp −$110	doesn't fit	doesn't fit
Sell SoDEX live order book, 4 min ago	0.48 bp	8.9 bp −$9	18.9 bp −$189	103.2 bp −$10.3K	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	−0.3470%	1h	1.0250	−1.087%	$42K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0376%	1h	1.0354	−0.085%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0312%	1h	1.0356	−0.069%	$6K	$19K	7x	as long as short
Kraken Futures PF_SUIUSD	−0.0067%	1h	1.0364	+0.011%	$6.8M	$26.9M	50x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0361	−0.015%	$130K	$227K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0345	−0.170%	$496K	$5.0M	2.5x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0359	−0.036%	$116K	—	150x	as long as short
Bluefin SUI-PERP	+0.0015%	1h	1.0350	−0.122%	$592K	$406K	25x	as long as short
Deribit SUI_USDC-PERPETUAL	+0.0039%	1h	1.0367	+0.042%	$201K	$573K	25x	as long as short
Lighter SUI	+0.0096%	1h	1.0367	+0.045%	$800K	$5.4M	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	1.0363	+0.003%	$299K	$2.2M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0360	−0.026%	$42K	$511K	50x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0361	−0.019%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0355	−0.069%	$584K	$2.1M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0363	+0.002%	$906K	$4.6M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0365	+0.024%	$224K	$259K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0359	−0.037%	$150.1M	$1.03B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0364	+0.013%	$101.8M	$310.0M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0363	+0.003%	$40.7M	$388.5M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0360	−0.026%	$44K	$330K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0339	−0.229%	$243K	$6K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0358	−0.045%	$169.8M	$80.8M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0357	−0.055%	$152.9M	$291.9M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0355	−0.074%	$49.9M	$53.9M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0358	−0.045%	$67.6M	$172.5M	75x	as long as short
BingX SUI-USDT	+0.0100%	8h	1.0360	−0.026%	—	$82.6M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0353	−0.093%	$654K	$1.4M	20x	as long as short
Variational Omni SUIlong	+0.0100%	8h	1.0363	long leg	$2.5M	$3.4M	—
edgeX SUIUSDC	+0.0100%	4h	1.0362	−0.007%	$170K	$4.5M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0356	−0.067%	$452K	$7.6M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0364	+0.013%	$228K	$429K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0365	+0.022%	$123K	$746K	10x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0362	−0.007%	$48K	$144K	20x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0332	−0.296%	$2K	$1.7M	30x	as long as short
SoDEX SUI-USDshort	+0.0100%	1h	1.0360	−0.026%	$14K	$2.1M	10x
HTX SUI-USDT	+0.0100%	8h	1.0357	−0.055%	$585K	$19.7M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0362	−0.007%	$11.9M	$26.8M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0358	−0.049%	$1.4M	$4.1M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0369	+0.056%	$39K	$11K	3x	as long as short
01 Exchange SUIUSD	+0.0144%	1h	1.0361	−0.016%	$9K	$2K	10x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0354	−0.084%	$7.9M	$24.8M	100x	as long as short
Coinbase International SUI-PERP-INTX	+0.0248%	1h	1.0371	+0.080%	$975K	$15.0M	50x	as long as short
Hyperliquid SUI	+0.0381%	1h	1.0370	+0.071%	$75.0M	$81.6M	10x	as long as short
Phoenix SUI	+0.0390%	1h	1.0371	+0.075%	$210K	$415K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0612% / S −0.0267%	1h	1.0356	−0.061%	$957K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1505%	1h	1.0371	+0.076%	$83K	$402K	10x	as long as short