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: Gate against SoDEX−0.020%7-day average −0.018% · 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−$44as in the Price arb table

costs, in and out, $10k−$440.436% of the position

Long on SoDEX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.015%−$1 on $10k

Price spread, last 4 days (all we have)−0.008%−$1 · spread now −0.020%, 7d avg −0.018%

Together, before fees−0.023%−$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX SUI-USD	1.0230	0.0100	pay 0.0013% / 1h	6m 24s	$6K	$1.9M	10x
Short	Gate SUI_USDT	1.0228	0.0100	get 0.0100% / 8h	2h 06m	$168.9M	$86.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against SoDEX. 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 SoDEXbpFee GatebpOrdersPrice spread, now −0.020%Rate

Funding earned: $0
Price spread: −0.020% → −0.018%: −$0.12
Slippage, 4 orders: −$20.6
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$43.72
Costs to cover: 0.436%
Break-even: never at this rate

Slippage from SoDEX: live order book, 2 min ago; Gate: 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 SoDEX live order book, 2 min ago	0.49 bp	8.3 bp −$8	17.8 bp −$178	98.9 bp −$9,888	doesn't fit
Sell Gate live order book, 3 min ago	0.98 bp	14.5 bp −$15	27.6 bp −$276	57.2 bp −$5,722	103.1 bp −$51.5K

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	1.0018	−2.072%	$41K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0379%	1h	1.0226	−0.040%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0184%	1h	1.0210	−0.192%	$5K	$19K	7x	as long as short
Bluefin SUI-PERP	−0.0002%	1h	1.0217	−0.127%	$586K	$431K	25x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0212	−0.174%	$96K	$294K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0216	−0.136%	$378K	$5.1M	2.5x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0229	−0.006%	$115K	—	150x	as long as short
Deribit SUI_USDC-PERPETUAL	+0.0043%	1h	1.0232	+0.020%	$197K	$564K	25x	as long as short
Lighter SUI	+0.0096%	1h	1.0215	−0.143%	$794K	$5.5M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0217	−0.122%	$298K	$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	1.0233	+0.029%	$33K	$548K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0230	0.000%	$47K	$216K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0216	−0.139%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0230	0.000%	$544K	$2.1M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0228	−0.017%	$904K	$4.3M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0216	−0.138%	$221K	$257K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0230	−0.002%	$147.1M	$1.05B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0228	−0.024%	$100.4M	$321.0M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0230	0.000%	$41.1M	$392.8M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0230	0.000%	$43K	$329K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0179	−0.499%	$239K	$2K	10x	as long as short
Gate SUI_USDTshort	+0.0100%	8h	1.0228	−0.020%	$168.9M	$86.0M	50x
MEXC SUI_USDT	+0.0100%	8h	1.0231	+0.010%	$152.2M	$295.2M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0231	+0.010%	$49.8M	$53.6M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0226	−0.039%	$67.4M	$178.1M	75x	as long as short
BingX SUI-USDT	+0.0100%	8h	1.0229	−0.010%	—	$84.8M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0214	−0.156%	$668K	$1.4M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0180	−0.492%	$2.4M	$3.5M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0183	−0.462%	$165K	$4.6M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0190	−0.389%	$443K	$7.6M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0191	−0.381%	$224K	$437K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0236	+0.059%	$134K	$648K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0239	+0.088%	$2K	$1.7M	30x	as long as short
SoDEX SUI-USDlong	+0.0100%	1h	1.0230	long leg	$6K	$1.9M	10x
HTX SUI-USDT	+0.0100%	8h	1.0216	−0.137%	$623K	$19.4M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0213	−0.166%	$11.7M	$28.0M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0225	−0.048%	$1.4M	$4.1M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0230	−0.001%	$39K	$11K	3x	as long as short
01 Exchange SUIUSD	+0.0144%	1h	1.0235	+0.049%	$9K	$3K	10x	as long as short
Kraken Futures PF_SUIUSD	+0.0171%	1h	1.0232	+0.021%	$6.8M	$25.0M	50x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0217	−0.127%	$7.5M	$24.9M	100x	as long as short
Coinbase International SUI-PERP-INTX	+0.0248%	1h	1.0220	−0.098%	$1.0M	$15.1M	50x	as long as short
Hyperliquid SUI	+0.0390%	1h	1.0241	+0.108%	$73.7M	$82.7M	10x	as long as short
Phoenix SUI	+0.0416%	1h	1.0224	−0.062%	$202K	$422K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0602% / S −0.0263%	1h	1.0228	−0.019%	$940K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1407%	1h	1.0193	−0.360%	$82K	$408K	10x	as long as short