Funding arb · Price arb /

SUI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0097%/8h= +10.6% APRpaid last 24h +0.029%

Price spread now: Aster against gTrade (Gains Network)−0.042%7-day average +0.046% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$304as in the Price arb table

costs, in and out, $10k−$2952.948% of the position

Long on gTrade (Gains Network)Short on Aster

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.097%+$10 on $10k

Price spread, last 4 days (all we have)+0.106%+$11 · spread now −0.042%, 7d avg +0.046%

Together, before fees+0.203%+ Points / potential airdropAster: Stage 5 · farm board+$20 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aster is 0.088% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.042% now, against its 7-day average of +0.046%). If the spread goes back, that is −$9 on $10k: about 3.0 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) SUI/USD	1.0166	L +0.0003% / S −0.0003%	pay 0.0000% / 1h	45m 25s	$115K	—	150x
Short	Aster SUIUSDT	1.0162	0.0100	get 0.0100% / 8h	1h 45m	$897K	$4.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee AsterbpOrdersPrice spread, now −0.042%Rate

Funding earned: $20.42
Price spread: −0.042% → +0.046%: −$8.8
Slippage, 4 orders: −$276.8
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$283.18
Costs to cover: 2.948%
Break-even: 104.1 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 64 min ago; Aster: live order book, 3 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 gTrade (Gains Network) virtual book (oracle venue), 64 min ago	130.08 bp	142.9 bp −$143	977.3 bp −$9,773	10438.7 bp −$1.04M	doesn't fit
Sell Aster live order book, 3 min ago	2.46 bp	7.4 bp −$7	19.7 bp −$197	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	−0.3536%	1h	1.0076	−0.888%	$41K	$113K	12x	as long as short
Reya SUIRUSDPERP	−0.0379%	1h	1.0157	−0.096%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0184%	1h	1.0133	−0.326%	$5K	$21K	7x	as long as short
Bluefin SUI-PERP	−0.0027%	1h	1.0122	−0.436%	$580K	$428K	25x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0131	−0.345%	$95K	$294K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0139	−0.265%	$376K	$4.9M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0139	−0.269%	$195K	$563K	25x	as long as short
gTrade (Gains Network) SUI/USDlong	L +0.0003% / S −0.0003%	1h	1.0166	long leg	$115K	—	150x
Lighter SUI	+0.0096%	1h	1.0132	−0.340%	$786K	$5.3M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0134	−0.318%	$296K	$2.2M	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	1.0130	−0.357%	$34K	$521K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0137	−0.288%	$47K	$208K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0127	−0.389%	$26K	$8K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0145	−0.207%	$536K	$2.1M	10x	as long as short
Aster SUIUSDTshort	+0.0100%	8h	1.0162	−0.042%	$897K	$4.3M	75x
Pacifica SUI	+0.0100%	1h	1.0129	−0.369%	$216K	$264K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0166	−0.004%	$145.6M	$1.04B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0153	−0.131%	$99.3M	$319.9M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0153	−0.131%	$40.8M	$385.5M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0130	−0.357%	$43K	$329K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0165	−0.013%	$239K	$2K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0127	−0.387%	$165.0M	$82.9M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0162	−0.042%	$151.3M	$291.0M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0165	−0.013%	$49.7M	$53.3M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0156	−0.101%	$67.0M	$175.8M	75x	as long as short
BingX SUI-USDT	+0.0100%	8h	1.0164	−0.023%	—	$84.8M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0136	−0.298%	$667K	$1.4M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0130	−0.360%	$2.4M	$3.5M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0155	−0.112%	$163K	$4.6M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0139	−0.269%	$438K	$7.5M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0159	−0.072%	$223K	$409K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0161	−0.052%	$131K	$665K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0145	−0.210%	$3K	$1.7M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0139	−0.269%	$6K	$1.9M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0130	−0.357%	$619K	$19.0M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0133	−0.328%	$11.7M	$28.1M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0125	−0.404%	$1.4M	$4.1M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0140	−0.255%	$38K	$11K	3x	as long as short
01 Exchange SUIUSD	+0.0200%	1h	1.0134	−0.318%	$9K	$2K	10x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0138	−0.278%	$7.6M	$24.7M	100x	as long as short
Coinbase International SUI-PERP-INTX	+0.0280%	1h	1.0151	−0.150%	$1.0M	$14.8M	50x	as long as short
Kraken Futures PF_SUIUSD	+0.0366%	1h	1.0137	−0.293%	$6.8M	$23.2M	50x	as long as short
Phoenix SUI	+0.0431%	1h	1.0151	−0.146%	$201K	$413K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0601% / S −0.0263%	1h	1.0165	−0.014%	$933K	—	100x	as long as short
Hyperliquid SUI	+0.0617%	1h	1.0167	+0.007%	$73.1M	$83.5M	10x	as long as short
Aftermath Perps SUIUSD	+0.1411%	1h	1.0176	+0.091%	$82K	$410K	10x	as long as short