Funding arb · Price arb /

SUI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.030%

Price spread now: GRVT against 01 Exchange+0.060%56s7-day average — · you sell dearer than you buy

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

Long on 01 Exchange Short on GRVT

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—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.060% dearer against 01 Exchange than usual: you sell high and buy low, +$6 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange SUIUSD	1.0262	0.0104	pay 0.0013% / 1h	22m 29s	$9K	$9K	10x
Short	GRVT SUI_USDT_Perp	1.0268	0.0100	get 0.0100% / 8h	1h 22m	$445K	$7.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against 01 Exchange. 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 01 ExchangebpFee GRVTbpOrdersPrice spread, now +0.060%Rate

Funding earned: −$0.84
Price spread: +0.060% → 0.000%: $6.03
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$10.81
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; GRVT: live order book, 2 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 01 Exchange no order-book sample	—	—	—	—	—
Sell GRVT live order book, 2 min ago	0.49 bp	7.4 bp −$7	13.9 bp −$139	doesn't fit	doesn't fit

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	−0.2926%	1h	1.0179	−0.809%	$42K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0368%	1h	1.0257	−0.051%	$4K	$3K	20x	as long as short
Bluefin SUI-PERP	−0.0209%	1h	1.0248	−0.136%	$588K	$405K	25x	as long as short
Hibachi SUI/USDT-P	−0.0208%	1h	1.0265	+0.029%	$6K	$19K	7x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0260	−0.024%	$94K	$66K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0250	−0.120%	$457K	$5.5M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0251	−0.107%	$190K	$562K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0002%	1h	1.0259	−0.028%	$119K	—	150x	as long as short
Lighter SUI	+0.0096%	1h	1.0258	−0.039%	$787K	$5.9M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0261	−0.010%	$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	1.0259	−0.029%	$37K	$500K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0098%	8h	1.0257	−0.049%	$45K	$371K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0261	−0.006%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0264	+0.015%	$593K	$1.4M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0261	−0.008%	$1.0M	$4.5M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0260	−0.020%	$223K	$263K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0260	−0.019%	$151.0M	$1.03B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0262	−0.002%	$102.9M	$307.1M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0260	−0.019%	$40.9M	$383.5M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0270	+0.078%	$45K	$387K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0242	−0.195%	$241K	$2K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0259	−0.029%	$165.0M	$80.8M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0260	−0.019%	$148.6M	$296.8M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0257	−0.049%	$51.5M	$52.2M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0254	−0.078%	$67.4M	$168.5M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0260	−0.019%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0249	−0.127%	$650K	$1.1M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0256	−0.056%	$2.3M	$2.8M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0252	−0.098%	$165K	$4.5M	20x	as long as short
GRVT SUI_USDT_Perpshort	+0.0100%	8h	1.0268	+0.060%	$445K	$7.0M	10x
ApeX Omni SUIUSDT	+0.0100%	1h	1.0259	−0.029%	$233K	$441K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0265	+0.029%	$107K	$793K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0266	+0.039%	$2K	$1.9M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0250	−0.117%	$6K	$2.4M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0256	−0.058%	$627K	$18.6M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0251	−0.107%	$11.5M	$24.7M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0262	+0.001%	$1.4M	$3.7M	50x	as long as short
01 Exchange SUIUSDlong	+0.0104%	1h	1.0262	long leg	$9K	$9K	10x
Aevo SUI-PERP	+0.0104%	1h	1.0253	−0.092%	$48K	$37K	3x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0248	−0.136%	$7.9M	$23.8M	100x	as long as short
Coinbase International SUI-PERP-INTX	+0.0248%	1h	1.0260	−0.019%	$967K	$13.9M	50x	as long as short
Kraken Futures PF_SUIUSD	+0.0296%	1h	1.0252	−0.096%	$7.1M	$24.2M	50x	as long as short
Phoenix SUI	+0.0346%	1h	1.0275	+0.132%	$203K	$574K	10x	as long as short
Hyperliquid SUI	+0.0523%	1h	1.0273	+0.107%	$73.2M	$80.5M	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0636% / S −0.0309%	1h	1.0258	−0.040%	$896K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.0731%	1h	1.0266	+0.042%	$94K	$382K	10x	as long as short