Funding arb · Price arb /

SUI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Pacifica against SunX−0.048%7-day average −0.104% · 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−$126as in the Price arb table

costs, in and out, $10k−$1321.321% of the position

Long on SunX Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.015%−$2 on $10k

Price spread, last 3 days (all we have)−0.087%−$9 · spread now −0.048%, 7d avg −0.104%

Together, before fees−0.102%+ Points / potential airdropPacifica: Active · farm board−$10 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: Pacifica is 0.056% dearer against SunX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.104%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SUI-USDT	1.0383	0.0100	pay 0.0100% / 8h	6h 00m	$2K	$1.8M	30x
Short	Pacifica SUI	1.0378	0.0100	get 0.0013% / 1h	0m 09s	$226K	$268K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.048%Rate

Funding earned: $0
Price spread: −0.048% → −0.104%: $5.6
Slippage, 4 orders: −$116.09
Fee SunX: 4 bp × 2 orders: −$8
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$126.49
Costs to cover: 1.321%
Break-even: never at this rate

Slippage from SunX: live order book, 6 min ago; Pacifica: 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 SunX live order book, 6 min ago	29.90 bp	44.6 bp −$45	doesn't fit	doesn't fit	doesn't fit
Sell Pacifica live order book, 3 min ago	4.33 bp	9.3 bp −$9	doesn't fit	doesn't fit	doesn't fit

SUI on 45 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	−0.4499%	1h	1.0252	−1.262%	$42K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0373%	1h	1.0359	−0.228%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0280%	1h	1.0400	+0.159%	$6K	$19K	7x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0375	−0.078%	$95K	$169K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0377	−0.059%	$521K	$4.9M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0356	−0.260%	$201K	$577K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0362	−0.202%	$113K	—	150x	as long as short
Kraken Futures PF_SUIUSD	+0.0012%	1h	1.0357	−0.248%	$6.8M	$26.9M	50x	as long as short
Bluefin SUI-PERP	+0.0054%	1h	1.0346	−0.356%	$592K	$413K	25x	as long as short
Lighter SUI	+0.0096%	1h	1.0356	−0.262%	$817K	$5.7M	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SUI	+0.0096%	1h	1.0360	−0.224%	$276K	$2.1M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0371	−0.116%	$31K	$501K	50x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0373	−0.097%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0367	−0.154%	$717K	$1.9M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0368	−0.146%	$909K	$4.8M	75x	as long as short
Pacifica SUIshort	+0.0100%	1h	1.0378	−0.048%	$226K	$268K	10x
Binance SUIUSDT	+0.0100%	8h	1.0355	−0.267%	$151.5M	$1.04B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0355	−0.270%	$102.7M	$309.2M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0352	−0.299%	$40.9M	$384.7M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0380	−0.029%	$44K	$373K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0351	−0.308%	$243K	$4K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0358	−0.241%	$164.0M	$84.7M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0353	−0.289%	$150.5M	$301.6M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0355	−0.270%	$50.4M	$53.7M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0348	−0.337%	$67.3M	$169.9M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0356	−0.260%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0350	−0.318%	$707K	$1.2M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0383	−0.003%	$2.4M	$3.2M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0405	+0.211%	$169K	$4.7M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0385	+0.020%	$455K	$7.5M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0409	+0.250%	$237K	$472K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0378	−0.048%	$121K	$729K	10x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0358	−0.241%	$47K	$243K	20x	as long as short
SunX SUI-USDTlong	+0.0100%	8h	1.0383	long leg	$2K	$1.8M	30x
SoDEX SUI-USD	+0.0100%	1h	1.0356	−0.260%	$6K	$2.1M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0355	−0.270%	$595K	$19.8M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0366	−0.164%	$11.6M	$25.9M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0353	−0.289%	$1.4M	$4.1M	50x	as long as short
01 Exchange SUIUSD	+0.0104%	1h	1.0373	−0.096%	$9K	$3K	10x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0358	−0.241%	$39K	$16K	3x	as long as short
Coinbase International SUI-PERP-INTX	+0.0152%	1h	1.0362	−0.202%	$974K	$14.5M	50x	as long as short
Phoenix SUI	+0.0221%	1h	1.0426	+0.414%	$207K	$595K	10x	as long as short
Hyperliquid SUI	+0.0315%	1h	1.0384	+0.010%	$74.8M	$80.2M	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0626% / S −0.0278%	1h	1.0359	−0.226%	$978K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1123%	1h	1.0382	−0.013%	$82K	$383K	10x	as long as short