Funding arb · Price arb /

SUI

all SUI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%

Price spread now: SoDEX against OKX0.000%7-day average +0.022% · 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−$32as in the Price arb table

costs, in and out, $10k−$300.299% of the position

Long on OKX Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.001%$0 on $10k

Price spread, last 4 days (all we have)+0.022%+$2 · spread now 0.000%, 7d avg +0.022%

Together, before fees+0.020%+$2 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: SoDEX is 0.022% cheaper against OKX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.022%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SUI-USDT-SWAP	1.0214	0.0100	pay 0.0100% / 8h	2h 45m	$40.4M	$385.2M	50x
Short	SoDEX SUI-USD	1.0214	0.0100	get 0.0013% / 1h	45m 05s	$14K	$2.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.022%: −$2.22
Slippage, 4 orders: −$11.85
Fee OKX: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$32.08
Costs to cover: 0.299%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; SoDEX: 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 OKX live order book, 4 min ago	0.49 bp	7.9 bp −$8	13.7 bp −$137	36.2 bp −$3,618	doesn't fit
Sell SoDEX live order book, 4 min ago	0.49 bp	6.8 bp −$7	17.5 bp −$175	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	−0.3309%	1h	1.0121	−0.911%	$42K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0378%	1h	1.0222	+0.082%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0128%	1h	1.0214	−0.002%	$6K	$19K	7x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0227	+0.129%	$128K	$227K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0224	+0.097%	$482K	$5.0M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0214	0.000%	$198K	$563K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0216	+0.020%	$115K	—	150x	as long as short
Bluefin SUI-PERP	+0.0073%	1h	1.0200	−0.137%	$585K	$408K	25x	as long as short
Lighter SUI	+0.0096%	1h	1.0216	+0.019%	$774K	$5.4M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0221	+0.067%	$303K	$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
01 Exchange SUIUSD	+0.0096%	1h	1.0222	+0.078%	$9K	$3K	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0224	+0.098%	$47K	$519K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0216	+0.020%	$47K	$191K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0229	+0.146%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0230	+0.162%	$579K	$2.1M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0214	−0.004%	$877K	$4.3M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0228	+0.142%	$221K	$254K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0212	−0.020%	$145.7M	$1.04B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0211	−0.025%	$100.7M	$309.7M	50x	as long as short
OKX SUI-USDT-SWAPlong	+0.0100%	8h	1.0214	long leg	$40.4M	$385.2M	50x
Arcus SUI-USD	+0.0100%	1h	1.0230	+0.157%	$43K	$330K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0226	+0.117%	$240K	$2K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0212	−0.020%	$167.6M	$82.8M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0217	+0.029%	$151.7M	$290.8M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0216	+0.020%	$50.2M	$53.8M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0211	−0.029%	$66.6M	$175.6M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0213	−0.010%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0213	−0.010%	$633K	$1.3M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0216	+0.017%	$2.4M	$3.4M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0227	+0.125%	$164K	$4.5M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0215	+0.010%	$440K	$7.5M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0226	+0.117%	$223K	$434K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0231	+0.166%	$137K	$730K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0239	+0.245%	$2K	$1.7M	30x	as long as short
SoDEX SUI-USDshort	+0.0100%	1h	1.0214	0.000%	$14K	$2.0M	10x
HTX SUI-USDT	+0.0100%	8h	1.0215	+0.010%	$595K	$19.4M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0216	+0.020%	$11.7M	$27.4M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0210	−0.036%	$1.4M	$4.1M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0218	+0.037%	$39K	$11K	3x	as long as short
Kraken Futures PF_SUIUSD	+0.0172%	1h	1.0216	+0.023%	$6.7M	$24.7M	50x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0217	+0.029%	$7.6M	$24.5M	100x	as long as short
Coinbase International SUI-PERP-INTX	+0.0248%	1h	1.0235	+0.206%	$974K	$15.0M	50x	as long as short
Hyperliquid SUI	+0.0340%	1h	1.0223	+0.088%	$73.3M	$80.6M	10x	as long as short
Phoenix SUI	+0.0416%	1h	1.0229	+0.148%	$203K	$422K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0600% / S −0.0260%	1h	1.0217	+0.030%	$934K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1385%	1h	1.0233	+0.186%	$82K	$407K	10x	as long as short