Funding arb · Price arb /

SUI

all SUI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0148%/8h= +16.2% APRpaid last 24h +0.064%

Price spread now: Coinbase International against BingX−0.185%7-day average — · you buy dearer than you sell

Net, funding: paid 7d − costs−$2as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$400.404% of the position

Long on BingX Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.386%+$39 on $10k

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. Coinbase International is 0.185% cheaper against BingX than usual: you would sell low and buy high (spread −0.185% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$19 on $10k: about 4.2 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX SUI-USDT	1.0246	0.0100	pay 0.0100% / 8h	3h 23m	—	$82.2M	—
Short	Coinbase International SUI-PERP-INTX	1.0227	0.0248	get 0.0031% / 1h	23m 59s	$966K	$15.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against BingX. 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 BingXbpFee Coinbase InternationalbpOrdersPrice spread, now −0.185%Rate

Funding earned: $31.08
Price spread: −0.185% → 0.000%: −$18.54
Slippage, 4 orders: −$20.45
Fee BingX: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$27.91
Costs to cover: 0.404%
Break-even: 13.3 days

Slippage from BingX: live order book, 15 min ago; Coinbase International: live order book, 5 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 BingX live order book, 15 min ago	1.45 bp	6.5 bp −$6	10.2 bp −$102	19.8 bp −$1,981	67.2 bp −$33.6K
Sell Coinbase International live order book, 5 min ago	4.86 bp	13.8 bp −$14	21.3 bp −$213	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	−0.3470%	1h	1.0224	−0.215%	$42K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0377%	1h	1.0224	−0.213%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0192%	1h	1.0249	+0.026%	$6K	$19K	7x	as long as short
Kraken Futures PF_SUIUSD	−0.0067%	1h	1.0235	−0.106%	$6.7M	$26.7M	50x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0214	−0.313%	$128K	$227K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0221	−0.245%	$474K	$5.1M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0235	−0.107%	$199K	$572K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0227	−0.183%	$115K	—	150x	as long as short
Bluefin SUI-PERP	+0.0041%	1h	1.0219	−0.264%	$587K	$406K	25x	as long as short
Lighter SUI	+0.0096%	1h	1.0238	−0.076%	$774K	$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	1.0239	−0.072%	$305K	$2.2M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0235	−0.107%	$45K	$515K	50x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0217	−0.285%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0231	−0.146%	$579K	$2.1M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0245	−0.012%	$885K	$4.5M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0218	−0.277%	$221K	$254K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0247	+0.010%	$147.2M	$1.03B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0245	−0.010%	$101.1M	$308.5M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0241	−0.049%	$40.0M	$384.8M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0230	−0.156%	$43K	$331K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0310	+0.625%	$242K	$5K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0242	−0.039%	$166.7M	$82.3M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0244	−0.020%	$152.9M	$295.1M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0238	−0.078%	$50.2M	$54.2M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0239	−0.068%	$66.9M	$173.7M	75x	as long as short
BingX SUI-USDTlong	+0.0100%	8h	1.0246	long leg	—	$82.2M	—
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0242	−0.039%	$634K	$1.3M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0246	−0.004%	$2.4M	$3.4M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0262	+0.158%	$167K	$4.5M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0290	+0.429%	$444K	$7.6M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0263	+0.166%	$224K	$432K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0239	−0.068%	$123K	$723K	10x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0230	−0.156%	$47K	$169K	20x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0278	+0.312%	$2K	$1.7M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0235	−0.107%	$14K	$2.0M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0232	−0.137%	$584K	$19.6M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0235	−0.107%	$11.7M	$27.1M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0238	−0.081%	$1.4M	$4.1M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0235	−0.107%	$39K	$11K	3x	as long as short
01 Exchange SUIUSD	+0.0152%	1h	1.0235	−0.107%	$9K	$3K	10x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0241	−0.049%	$7.7M	$24.6M	100x	as long as short
Coinbase International SUI-PERP-INTXshort	+0.0248%	1h	1.0227	−0.185%	$966K	$15.0M	50x
Hyperliquid SUI	+0.0380%	1h	1.0255	+0.088%	$74.1M	$80.9M	10x	as long as short
Phoenix SUI	+0.0408%	1h	1.0267	+0.206%	$208K	$415K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0599% / S −0.0260%	1h	1.0225	−0.205%	$935K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1512%	1h	1.0276	+0.295%	$82K	$402K	10x	as long as short