Funding arb · Price arb /

SUI

all SUI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Bybit against Polymarket Perps−0.064%47s7-day average −0.062% · you buy dearer than you sell

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$310.307% of the position

Long on Polymarket Perps Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.014%+$1 on $10k

Price spread, last 4 days (all we have)−0.435%−$44 · spread now −0.064%, 7d avg −0.062%

Together, before fees−0.421%−$42 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps SUI-USD	1.0121	0.0100	pay 0.0013% / 1h	26m 38s	$122K	$515K	10x
Short	Bybit SUIUSDT	1.0114	0.0100	get 0.0100% / 8h	7h 26m	$97.5M	$301.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Polymarket Perps. 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 Polymarket PerpsbpFee BybitbpOrdersPrice spread, now −0.064%Rate

Funding earned: $0
Price spread: −0.064% → −0.062%: −$0.23
Slippage, 4 orders: −$11.71
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$30.94
Costs to cover: 0.307%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 71 min ago; Bybit: live order book, 2 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 Polymarket Perps live order book, 71 min ago	1.98 bp	7.8 bp −$8	8.2 bp −$82	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	0.50 bp	6.5 bp −$6	10.9 bp −$109	54.7 bp −$5,473	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	−0.3240%	1h	1.0007	−1.126%	$41K	$113K	12x	as long as short
Reya SUIRUSDPERP	−0.0383%	1h	1.0115	−0.055%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0168%	1h	1.0099	−0.216%	$5K	$17K	7x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0132	+0.109%	$95K	$249K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0129	+0.078%	$377K	$4.2M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0122	+0.010%	$195K	$535K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0102	−0.193%	$114K	—	150x	as long as short
01 Exchange SUIUSD	+0.0080%	1h	1.0113	−0.079%	$8K	$3K	10x	as long as short
Lighter SUI	+0.0096%	1h	1.0119	−0.021%	$746K	$4.8M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0121	−0.002%	$306K	$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	1.0112	−0.089%	$46K	$531K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0120	−0.010%	$46K	$502K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0110	−0.105%	$26K	$7K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0120	−0.010%	$672K	$2.2M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0120	−0.012%	$902K	$4.2M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0118	−0.033%	$216K	$250K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0118	−0.030%	$144.3M	$973.0M	75x	as long as short
Bybit SUIUSDTshort	+0.0100%	8h	1.0114	−0.064%	$97.5M	$301.8M	50x
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0115	−0.059%	$40.9M	$356.6M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0120	−0.010%	$43K	$321K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0089	−0.315%	$231K	$7K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0114	−0.069%	$166.2M	$79.6M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0117	−0.040%	$97.5M	$288.7M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0117	−0.040%	$51.2M	$50.7M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0105	−0.158%	$66.8M	$164.8M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0110	−0.109%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0121	0.000%	$663K	$1.3M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0097	−0.239%	$2.4M	$3.3M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0101	−0.198%	$163K	$4.2M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0094	−0.267%	$433K	$7.0M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0103	−0.178%	$204K	$371K	50x	as long as short
Polymarket Perps SUI-USDlong	+0.0100%	1h	1.0121	long leg	$122K	$515K	10x
Bluefin SUI-PERP	+0.0100%	1h	1.0107	−0.138%	$579K	$449K	25x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0132	+0.109%	$2K	$1.5M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0123	+0.020%	$7K	$1.6M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0122	+0.010%	$630K	$17.7M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0128	+0.069%	$11.7M	$28.3M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0106	−0.152%	$1.4M	$4.0M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0127	+0.054%	$38K	$11K	3x	as long as short
Hyperliquid SUI	+0.0130%	1h	1.0126	+0.051%	$73.0M	$76.9M	10x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0124	+0.030%	$7.5M	$24.2M	100x	as long as short
Kraken Futures PF_SUIUSD	+0.0284%	1h	1.0124	+0.034%	$6.8M	$21.4M	50x	as long as short
Coinbase International SUI-PERP-INTX	+0.0360%	1h	1.0127	+0.059%	$1.0M	$14.0M	50x	as long as short
Phoenix SUI	+0.0426%	1h	1.0109	−0.119%	$201K	$395K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0600% / S −0.0263%	1h	1.0123	+0.022%	$930K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1152%	1h	1.0127	+0.057%	$80K	$412K	10x	as long as short