Funding arb · Price arb /

SUI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0052%/8h= −5.7% APRpaid last 24h −0.003%

Price spread now: edgeX against 01 Exchange+0.029%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on 01 Exchange Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

The price spread pays, funding is against you. edgeX is 0.029% dearer against 01 Exchange than usual: you sell high and buy low (spread +0.029% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 44 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange SUIUSD	1.0207	0.0152	pay 0.0019% / 1h	1m 14s	$9K	$3K	10x
Short	edgeX SUIUSDC	1.0210	0.0100	get 0.0050% / 4h	2h 01m	$165K	$4.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against 01 Exchange. 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 01 ExchangebpFee edgeXbpOrdersPrice spread, now +0.029%Rate

Funding earned: −$10.92
Price spread: +0.029% → 0.000%: $2.86
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$24.06
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; edgeX: live order book, 3 min ago. Net counts fees only.

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 01 Exchange no order-book sample	—	—	—	—	—
Sell edgeX live order book, 3 min ago	1.96 bp	6.5 bp −$6	9.5 bp −$95	111.5 bp −$11.2K	doesn't fit

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−1.852%	$41K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0379%	1h	1.0199	−0.080%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0192%	1h	1.0209	+0.017%	$5K	$19K	7x	as long as short
Bluefin SUI-PERP	−0.0001%	1h	1.0209	+0.020%	$586K	$430K	25x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0200	−0.068%	$96K	$294K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0214	+0.073%	$381K	$5.1M	2.5x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0202	−0.051%	$115K	—	150x	as long as short
Deribit SUI_USDC-PERPETUAL	+0.0043%	1h	1.0225	+0.176%	$197K	$564K	25x	as long as short
Lighter SUI	+0.0096%	1h	1.0221	+0.136%	$789K	$5.5M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0225	+0.180%	$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	1.0205	−0.020%	$33K	$547K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0220	+0.127%	$47K	$219K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0201	−0.059%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0205	−0.015%	$542K	$2.1M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0221	+0.137%	$902K	$4.3M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0208	+0.015%	$220K	$257K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0221	+0.137%	$146.8M	$1.05B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0214	+0.069%	$100.2M	$321.4M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0215	+0.078%	$40.9M	$392.7M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0210	+0.029%	$43K	$329K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0208	+0.006%	$240K	$2K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0201	−0.059%	$168.3M	$86.2M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0219	+0.118%	$152.3M	$295.5M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0221	+0.137%	$49.8M	$53.6M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0213	+0.059%	$67.4M	$178.3M	75x	as long as short
BingX SUI-USDT	+0.0100%	8h	1.0217	+0.098%	—	$84.8M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0217	+0.098%	$670K	$1.4M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0225	+0.174%	$2.4M	$3.5M	—	as long as short
edgeX SUIUSDCshort	+0.0100%	4h	1.0210	+0.029%	$165K	$4.6M	20x
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0208	+0.010%	$442K	$7.6M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0213	+0.059%	$224K	$424K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0209	+0.020%	$133K	$650K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0217	+0.098%	$2K	$1.7M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0219	+0.118%	$6K	$1.9M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0206	−0.010%	$618K	$19.3M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0219	+0.118%	$11.7M	$27.9M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0215	+0.077%	$1.4M	$4.1M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0221	+0.136%	$39K	$11K	3x	as long as short
01 Exchange SUIUSDlong	+0.0152%	1h	1.0207	long leg	$9K	$3K	10x
Kraken Futures PF_SUIUSD	+0.0172%	1h	1.0225	+0.172%	$6.8M	$25.0M	50x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0218	+0.108%	$7.6M	$24.9M	100x	as long as short
Coinbase International SUI-PERP-INTX	+0.0248%	1h	1.0238	+0.304%	$1.0M	$15.1M	50x	as long as short
Hyperliquid SUI	+0.0380%	1h	1.0215	+0.078%	$73.5M	$82.8M	10x	as long as short
Phoenix SUI	+0.0416%	1h	1.0224	+0.169%	$202K	$422K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0601% / S −0.0263%	1h	1.0202	−0.051%	$938K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1405%	1h	1.0215	+0.074%	$83K	$408K	10x	as long as short