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: OKX against Polymarket Perps−0.069%7-day average −0.084% · you buy dearer than you sell

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$300.296% of the position

Long on Polymarket Perps Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.031%+$3 on $10k

Price spread, last 4 days (all we have)−0.116%−$12 · spread now −0.069%, 7d avg −0.084%

Together, before fees−0.085%−$9 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	1.0195	0.0100	pay 0.0013% / 1h	16m 12s	$127K	$603K	10x
Short	OKX SUI-USDT-SWAP	1.0188	0.0100	get 0.0100% / 8h	1h 16m	$41.1M	$375.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.069%Rate

Funding earned: $0
Price spread: −0.069% → −0.084%: $1.49
Slippage, 4 orders: −$11.57
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$28.07
Costs to cover: 0.296%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 27 min ago; OKX: 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 Polymarket Perps live order book, 27 min ago	2.47 bp	8.3 bp −$8	9.2 bp −$92	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	0.49 bp	6.9 bp −$7	15.0 bp −$150	49.2 bp −$4,921	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	1.0080	−1.128%	$41K	$113K	12x	as long as short
Reya SUIRUSDPERP	−0.0380%	1h	1.0195	0.000%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0256%	1h	1.0192	−0.025%	$5K	$20K	7x	as long as short
Bluefin SUI-PERP	−0.0098%	1h	1.0175	−0.196%	$583K	$423K	25x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0190	−0.049%	$96K	$257K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0185	−0.102%	$376K	$4.4M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0190	−0.049%	$196K	$559K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0194	−0.006%	$115K	—	150x	as long as short
Lighter SUI	+0.0096%	1h	1.0193	−0.022%	$783K	$5.3M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0195	0.000%	$299K	$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	1.0191	−0.039%	$39K	$522K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0189	−0.059%	$47K	$219K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0190	−0.049%	$27K	$8K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0186	−0.088%	$691K	$2.2M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0192	−0.029%	$900K	$4.3M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0193	−0.020%	$218K	$258K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0191	−0.037%	$146.4M	$1.01B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0187	−0.081%	$98.8M	$314.5M	50x	as long as short
OKX SUI-USDT-SWAPshort	+0.0100%	8h	1.0188	−0.069%	$41.1M	$375.5M	50x
Arcus SUI-USD	+0.0100%	1h	1.0200	+0.049%	$43K	$328K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0191	−0.044%	$240K	$1K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0189	−0.059%	$167.9M	$83.6M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0190	−0.049%	$153.7M	$292.8M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0191	−0.039%	$50.1M	$52.6M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0185	−0.098%	$67.2M	$171.6M	75x	as long as short
BingX SUI-USDT	+0.0100%	8h	1.0189	−0.059%	—	$86.8M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0193	−0.020%	$673K	$1.3M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0182	−0.130%	$2.4M	$3.5M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0211	+0.157%	$164K	$4.6M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0204	+0.092%	$441K	$7.1M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0191	−0.039%	$224K	$379K	50x	as long as short
Polymarket Perps SUI-USDlong	+0.0100%	1h	1.0195	long leg	$127K	$603K	10x
SunX SUI-USDT	+0.0100%	8h	1.0206	+0.108%	$3K	$1.6M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0191	−0.039%	$5K	$1.8M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0188	−0.069%	$648K	$18.5M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0192	−0.029%	$11.8M	$28.3M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0184	−0.112%	$1.4M	$4.1M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0190	−0.050%	$39K	$11K	3x	as long as short
01 Exchange SUIUSD	+0.0200%	1h	1.0202	+0.069%	$9K	$2K	10x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0198	+0.029%	$7.5M	$24.6M	100x	as long as short
Coinbase International SUI-PERP-INTX	+0.0280%	1h	1.0212	+0.167%	$1.0M	$14.7M	50x	as long as short
Kraken Futures PF_SUIUSD	+0.0364%	1h	1.0192	−0.034%	$6.8M	$22.2M	50x	as long as short
Phoenix SUI	+0.0431%	1h	1.0221	+0.257%	$202K	$413K	10x	as long as short
Hyperliquid SUI	+0.0442%	1h	1.0203	+0.078%	$73.5M	$81.4M	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0601% / S −0.0263%	1h	1.0190	−0.054%	$937K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1367%	1h	1.0200	+0.054%	$82K	$410K	10x	as long as short