Funding arb · Price arb /

SUI

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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: BingX against Arcus+0.067%7-day average +0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$480.480% of the position

Long on Arcus Short on BingX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.004%$0 on $10k

Price spread, last 4 days (all we have)+0.051%+$5 · spread now +0.067%, 7d avg +0.005%

Together, before fees+0.055%+$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: BingX is 0.063% dearer against Arcus than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.005%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus SUI-USD	1.0390	0.0100	pay 0.0013% / 1h	17m 19s	$44K	$373K	10x
Short	BingX SUI-USDC	1.0397	0.0100	get 0.0100% / 8h	4h 17m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Arcus. 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 ArcusbpFee BingXbpOrdersPrice spread, now +0.067%Rate

Funding earned: $0
Price spread: +0.067% → +0.005%: $6.28
Slippage, 4 orders: −$33.55
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee BingX: 5 bp × 2 orders: −$10
Net: −$41.76
Costs to cover: 0.480%
Break-even: never at this rate

Slippage from Arcus: live order book, 41 min ago; BingX: live order book, 4 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 Arcus live order book, 41 min ago	9.58 bp	11.8 bp −$12	22.1 bp −$221	doesn't fit	doesn't fit
Sell BingX live order book, 4 min ago	0.96 bp	10.9 bp −$11	16.2 bp −$162	66.4 bp −$6,642	95.2 bp −$47.6K

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	−0.3244%	1h	1.0301	−0.857%	$42K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0375%	1h	1.0386	−0.039%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0320%	1h	1.0353	−0.352%	$6K	$19K	7x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0375	−0.144%	$130K	$227K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0360	−0.291%	$507K	$5.0M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0395	+0.048%	$202K	$573K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0397	+0.071%	$116K	—	150x	as long as short
Lighter SUI	+0.0096%	1h	1.0373	−0.159%	$826K	$5.6M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0374	−0.155%	$301K	$2.2M	10x	as long as short
01 Exchange SUIUSD	+0.0096%	1h	1.0392	+0.019%	$9K	$2K	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	1.0387	−0.029%	$42K	$516K	50x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0377	−0.125%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0380	−0.091%	$584K	$2.1M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0384	−0.058%	$914K	$4.6M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0381	−0.087%	$224K	$260K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0397	+0.066%	$150.6M	$1.03B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0389	−0.009%	$102.1M	$311.1M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0390	0.000%	$40.9M	$389.9M	50x	as long as short
Arcus SUI-USDlong	+0.0100%	1h	1.0390	long leg	$44K	$373K	10x
Bulk SUI-USD	+0.0100%	1h	1.0408	+0.172%	$245K	$6K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0398	+0.077%	$168.1M	$84.0M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0390	0.000%	$153.8M	$297.7M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0392	+0.019%	$49.6M	$53.9M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0389	−0.010%	$67.9M	$172.6M	75x	as long as short
BingX SUI-USDCshort	+0.0100%	8h	1.0397	+0.067%	—	$6.5M	—
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0365	−0.241%	$661K	$1.3M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0389	−0.014%	$2.5M	$3.4M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0375	−0.142%	$169K	$4.5M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0358	−0.309%	$448K	$7.6M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0383	−0.067%	$230K	$434K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0398	+0.077%	$124K	$754K	10x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0389	−0.010%	$48K	$170K	20x	as long as short
Bluefin SUI-PERP	+0.0100%	1h	1.0375	−0.144%	$594K	$406K	25x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0376	−0.135%	$2K	$1.7M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0391	+0.010%	$14K	$2.1M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0346	−0.423%	$576K	$19.6M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0361	−0.279%	$11.9M	$26.8M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0389	−0.007%	$1.4M	$4.1M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0397	+0.067%	$39K	$11K	3x	as long as short
Kraken Futures PF_SUIUSD	+0.0162%	1h	1.0396	+0.056%	$6.9M	$27.0M	50x	as long as short
Coinbase International SUI-PERP-INTX	+0.0216%	1h	1.0398	+0.077%	$974K	$15.0M	50x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0372	−0.173%	$8.0M	$24.8M	100x	as long as short
Hyperliquid SUI	+0.0355%	1h	1.0401	+0.106%	$75.4M	$81.5M	10x	as long as short
Phoenix SUI	+0.0390%	1h	1.0375	−0.145%	$211K	$421K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0614% / S −0.0267%	1h	1.0397	+0.064%	$960K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1492%	1h	1.0409	+0.181%	$83K	$398K	10x	as long as short