Funding arb · Price arb /

SUI

all SUI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: HTX against SunX−0.187%7-day average −0.095% · you buy dearer than you sell

Net, funding: paid 7d − costs−$134as in the Funding arb table

Net, price: spread back to 7d avg − costs−$144as in the Price arb table

costs, in and out, $10k−$1341.345% of the position

Long on SunX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.083%+$8 · spread now −0.187%, 7d avg −0.095%

Together, before fees+0.083%+$8 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: HTX is 0.092% cheaper against SunX than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.095%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SUI-USDT	1.0180	0.0100	pay 0.0100% / 8h	58m 09s	$2K	$1.6M	30x
Short	HTX SUI-USDT	1.0161	0.0100	get 0.0100% / 8h	58m 09s	$628K	$18.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against SunX. 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 SunXbpFee HTXbpOrdersPrice spread, now −0.187%Rate

Funding earned: $0
Price spread: −0.187% → −0.095%: −$9.17
Slippage, 4 orders: −$114.47
Fee SunX: 4 bp × 2 orders: −$8
Fee HTX: 6 bp × 2 orders: −$12
Net: −$143.64
Costs to cover: 1.345%
Break-even: never at this rate

Slippage from SunX: live order book, 7 min ago; HTX: live order book, 1 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 SunX live order book, 7 min ago	29.42 bp	44.5 bp −$44	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 1 min ago	2.95 bp	10.4 bp −$10	22.9 bp −$229	40.7 bp −$4,065	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	−0.2780%	1h	1.0090	−0.884%	$41K	$113K	12x	as long as short
Reya SUIRUSDPERP	−0.0380%	1h	1.0156	−0.237%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0272%	1h	1.0171	−0.088%	$5K	$20K	7x	as long as short
Bluefin SUI-PERP	−0.0087%	1h	1.0154	−0.255%	$582K	$422K	25x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0160	−0.196%	$95K	$257K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0159	−0.205%	$377K	$4.4M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0171	−0.088%	$196K	$558K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0167	−0.125%	$115K	—	150x	as long as short
Lighter SUI	+0.0096%	1h	1.0173	−0.065%	$768K	$5.1M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0172	−0.080%	$297K	$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	−0.177%	$39K	$522K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0168	−0.118%	$47K	$227K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0159	−0.208%	$27K	$8K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0157	−0.221%	$689K	$2.2M	10x	as long as short
Hyperliquid SUI	+0.0100%	1h	1.0180	0.000%	$73.4M	$80.4M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0168	−0.116%	$897K	$4.2M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0164	−0.161%	$216K	$257K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0167	−0.128%	$146.6M	$1.00B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0165	−0.146%	$98.4M	$312.6M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0170	−0.098%	$41.0M	$371.6M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0170	−0.098%	$43K	$330K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0169	−0.105%	$239K	$454	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0169	−0.108%	$168.2M	$81.3M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0164	−0.157%	$154.5M	$281.5M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0166	−0.138%	$50.0M	$52.4M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0168	−0.118%	$67.1M	$170.5M	75x	as long as short
BingX SUI-USDT	+0.0100%	8h	1.0169	−0.108%	—	$86.4M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0169	−0.108%	$669K	$1.4M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0158	−0.219%	$2.4M	$3.5M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0165	−0.144%	$163K	$4.4M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0162	−0.178%	$448K	$7.1M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0167	−0.128%	$223K	$378K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0167	−0.128%	$126K	$565K	10x	as long as short
SunX SUI-USDTlong	+0.0100%	8h	1.0180	long leg	$2K	$1.6M	30x
SoDEX SUI-USD	+0.0100%	1h	1.0169	−0.108%	$6K	$1.7M	10x	as long as short
HTX SUI-USDTshort	+0.0100%	8h	1.0161	−0.187%	$628K	$18.4M	75x
Phemex SUIUSDT	+0.0100%	8h	1.0171	−0.088%	$11.7M	$28.1M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0164	−0.156%	$1.4M	$4.1M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0166	−0.135%	$39K	$11K	3x	as long as short
Kraken Futures PF_SUIUSD	+0.0119%	1h	1.0170	−0.101%	$6.8M	$21.9M	50x	as long as short
01 Exchange SUIUSD	+0.0144%	1h	1.0163	−0.167%	$8K	$3K	10x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0170	−0.098%	$7.6M	$24.4M	100x	as long as short
Coinbase International SUI-PERP-INTX	+0.0328%	1h	1.0178	−0.020%	$1.0M	$14.5M	50x	as long as short
Phoenix SUI	+0.0431%	1h	1.0180	+0.001%	$202K	$400K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0601% / S −0.0263%	1h	1.0167	−0.125%	$935K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1347%	1h	1.0178	−0.023%	$82K	$409K	10x	as long as short