Funding arb · Price arb /

SUI

all SUI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Bulk against OKX+0.079%55s7-day average +0.088% · 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—prices read too far apart to compare

costs, in and out, $10k−$220.220% of the position

Long on OKX Short on Bulk

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.153%−$15 · spread now +0.079%, 7d avg +0.088%

Together, before fees−0.153%−$15 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SUI-USDT-SWAP	1.0157	0.0100	pay 0.0100% / 8h	1h 47m	$40.8M	$386.5M	50x
Short	Bulk SUI-USD	1.0165	0.0100	get 0.0013% / 1h	47m 46s	$239K	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bulk against OKX. 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 OKXbpFee BulkbpOrdersPrice spread, now +0.079%Rate

Funding earned: $0
Price spread: +0.079% → +0.088%: −$0.92
Slippage, 4 orders: −$4.96
Fee OKX: 5 bp × 2 orders: −$10
Fee Bulk: 3.5 bp × 2 orders: −$7
Net: −$22.87
Costs to cover: 0.220%
Break-even: never at this rate

Slippage from OKX: live order book, 1 min ago; Bulk: live order book, 61 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 OKX live order book, 1 min ago	0.49 bp	5.5 bp −$5	13.3 bp −$133	51.8 bp −$5,181	doesn't fit
Sell Bulk live order book, 61 min ago	0.49 bp	4.0 bp −$4	5.2 bp −$52	17.8 bp −$1,778	38.6 bp −$19.3K

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	1.0119	−0.374%	$42K	$113K	12x	as long as short
Reya SUIRUSDPERP	−0.0379%	1h	1.0154	−0.029%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0184%	1h	1.0186	+0.287%	$5K	$21K	7x	as long as short
Bluefin SUI-PERP	−0.0018%	1h	1.0146	−0.108%	$582K	$430K	25x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0158	+0.010%	$95K	$294K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0174	+0.164%	$376K	$4.9M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0159	+0.020%	$195K	$563K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0156	−0.005%	$115K	—	150x	as long as short
Lighter SUI	+0.0096%	1h	1.0162	+0.049%	$789K	$5.3M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0165	+0.082%	$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	1.0162	+0.049%	$34K	$546K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0158	+0.010%	$47K	$208K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0172	+0.145%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0155	−0.020%	$536K	$2.1M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0161	+0.040%	$897K	$4.3M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0176	+0.189%	$217K	$264K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0160	+0.032%	$145.5M	$1.05B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0155	−0.016%	$99.6M	$319.6M	50x	as long as short
OKX SUI-USDT-SWAPlong	+0.0100%	8h	1.0157	long leg	$40.8M	$386.5M	50x
Arcus SUI-USD	+0.0100%	1h	1.0170	+0.128%	$43K	$329K	10x	as long as short
Bulk SUI-USDshort	+0.0100%	1h	1.0165	+0.079%	$239K	$2K	10x
Gate SUI_USDT	+0.0100%	8h	1.0161	+0.039%	$165.7M	$82.8M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0164	+0.069%	$151.6M	$290.8M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0166	+0.089%	$49.7M	$53.5M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0160	+0.030%	$67.1M	$177.0M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0162	+0.049%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0158	+0.010%	$669K	$1.4M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0168	+0.107%	$2.4M	$3.5M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0172	+0.145%	$164K	$4.6M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0176	+0.190%	$442K	$7.5M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0167	+0.098%	$223K	$417K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0164	+0.069%	$130K	$646K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0171	+0.138%	$2K	$1.7M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0160	+0.030%	$7K	$1.9M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0155	−0.020%	$621K	$19.1M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0161	+0.039%	$11.7M	$28.0M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0153	−0.037%	$1.4M	$4.1M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0163	+0.058%	$39K	$11K	3x	as long as short
01 Exchange SUIUSD	+0.0200%	1h	1.0161	+0.039%	$9K	$2K	10x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0174	+0.167%	$7.6M	$24.8M	100x	as long as short
Coinbase International SUI-PERP-INTX	+0.0280%	1h	1.0188	+0.305%	$1.0M	$14.9M	50x	as long as short
Kraken Futures PF_SUIUSD	+0.0365%	1h	1.0163	+0.055%	$6.8M	$25.0M	50x	as long as short
Phoenix SUI	+0.0431%	1h	1.0176	+0.192%	$202K	$413K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0603% / S −0.0264%	1h	1.0157	0.000%	$936K	—	100x	as long as short
Hyperliquid SUI	+0.0668%	1h	1.0179	+0.217%	$74.1M	$82.4M	10x	as long as short
Aftermath Perps SUIUSD	+0.1438%	1h	1.0182	+0.242%	$82K	$409K	10x	as long as short