Funding arb · Price arb /

SUI

all SUI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: HTX against dYdX+0.108%7-day average +0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$78as in the Funding arb table

Net, price: spread back to 7d avg − costs−$91as in the Price arb table

costs, in and out, $10k−$990.990% of the position

Long on dYdX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.207%+$21 on $10k

Price spread, last 4 days (all we have)−0.033%−$3 · spread now +0.108%, 7d avg +0.024%

Together, before fees+0.174%+$17 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and HTX is 0.084% dearer against dYdX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.024%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX SUI-USD	1.0026	0	get 0.0000% / 1h	24m 00s	$94K	$294K	10x
Short	HTX SUI-USDT	1.0037	0.0100	get 0.0100% / 8h	2h 24m	$606K	$19.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against dYdX. 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 dYdXbpFee HTXbpOrdersPrice spread, now +0.108%Rate

Funding earned: $21
Price spread: +0.108% → +0.024%: $8.4
Slippage, 4 orders: −$77.02
Fee dYdX: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$69.62
Costs to cover: 0.990%
Break-even: 30.2 days

Slippage from dYdX: live order book, 45 min ago; HTX: 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 dYdX live order book, 45 min ago	30.84 bp	42.9 bp −$43	293.2 bp −$2,932	695.9 bp −$69.6K	918.7 bp −$459.4K
Sell HTX live order book, 5 min ago	2.99 bp	10.0 bp −$10	14.5 bp −$145	58.4 bp −$5,840	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	−0.3309%	1h	1.0052	+0.257%	$41K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0378%	1h	1.0033	+0.073%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0160%	1h	1.0037	+0.112%	$5K	$19K	7x	as long as short
dYdX SUI-USDlong	0.0000%	1h	1.0026	long leg	$94K	$294K	10x
Kalshi KXSUIPERP	0.0000%	8h	1.0023	−0.030%	$372K	$5.1M	2.5x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0032	+0.060%	$113K	—	150x	as long as short
Bluefin SUI-PERP	+0.0034%	1h	1.0024	−0.022%	$575K	$431K	25x	as long as short
Lighter SUI	+0.0096%	1h	1.0041	+0.151%	$772K	$5.5M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0045	+0.183%	$297K	$2.2M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0041	+0.148%	$31K	$544K	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0039	+0.128%	$47K	$207K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0035	+0.090%	$26K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0036	+0.098%	$543K	$2.1M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0035	+0.084%	$878K	$4.3M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0033	+0.072%	$218K	$257K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0034	+0.081%	$144.2M	$1.05B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0024	−0.026%	$97.8M	$318.8M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0029	+0.028%	$40.9M	$384.1M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0030	+0.038%	$42K	$330K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0068	+0.417%	$237K	$2K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0034	+0.078%	$164.0M	$84.8M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0034	+0.078%	$148.7M	$293.8M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0037	+0.108%	$49.0M	$53.7M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0026	−0.002%	$66.1M	$177.8M	75x	as long as short
BingX SUI-USDT	+0.0100%	8h	1.0034	+0.078%	—	$82.9M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0034	+0.078%	$626K	$1.4M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0001	−0.253%	$2.4M	$3.4M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0016	−0.099%	$161K	$4.6M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0026	0.000%	$437K	$7.5M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0015	−0.112%	$220K	$436K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0043	+0.168%	$132K	$727K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0052	+0.257%	$2K	$1.7M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0042	+0.158%	$6K	$2.0M	10x	as long as short
HTX SUI-USDTshort	+0.0100%	8h	1.0037	+0.108%	$606K	$19.4M	75x
Phemex SUIUSDT	+0.0100%	8h	1.0039	+0.128%	$11.5M	$27.8M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0027	+0.005%	$1.4M	$4.0M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0047	+0.207%	$38K	$11K	3x	as long as short
01 Exchange SUIUSD	+0.0112%	1h	1.0042	+0.158%	$9K	$3K	10x	as long as short
Kraken Futures PF_SUIUSD	+0.0175%	1h	1.0042	+0.162%	$6.7M	$25.0M	50x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0036	+0.098%	$7.6M	$24.3M	100x	as long as short
Deribit SUI_USDC-PERPETUAL	+0.0248%	1h	1.0044	+0.178%	$195K	$562K	25x	as long as short
Coinbase International SUI-PERP-INTX	+0.0248%	1h	1.0044	+0.178%	$955K	$14.8M	50x	as long as short
Hyperliquid SUI	+0.0351%	1h	1.0046	+0.194%	$72.0M	$83.1M	10x	as long as short
Phoenix SUI	+0.0416%	1h	1.0021	−0.049%	$198K	$422K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0597% / S −0.0263%	1h	1.0033	+0.072%	$922K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1459%	1h	1.0050	+0.233%	$81K	$409K	10x	as long as short