Funding arb · Price arb /

SUI

all SUI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.1220%/8h= −133.6% APRpaid last 24h −0.222%

Price spread now: BloFin against Aftermath Perps−0.372%49s7-day average −0.059% · 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—prices read too far apart to compare

costs, in and out, $10k−$620.620% of the position

Long on Aftermath Perps Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.708%−$71 on $10k

Price spread, last 4 days (all we have)+0.407%+$41 · spread now −0.372%, 7d avg −0.059%

Together, before fees−0.301%−$30 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$37 a day on $10k at the current rate, and BloFin is 0.314% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$31 if the spread goes back to its 7-day average of −0.059%). Swap the legs. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps SUIUSD	1.0080	0.1440	pay 0.0180% / 1h	27m 44s	$81K	$409K	10x
Short	BloFin SUI-USDT	1.0042	0.0220	get 0.0220% / 8h	2h 27m	$7.6M	$24.2M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Aftermath 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 Aftermath PerpsbpFee BloFinbpOrdersPrice spread, now −0.372%Rate

Funding earned: −$256.3
Price spread: −0.372% → −0.059%: −$31.4
Slippage, 4 orders: −$40.96
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$349.66
Costs to cover: 0.620%
Break-even: never at this rate

Slippage from Aftermath Perps: live order book, 26 min ago; BloFin: live order book, 6 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 Aftermath Perps live order book, 26 min ago	1.08 bp	22.5 bp −$22	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 6 min ago	3.49 bp	9.5 bp −$9	9.5 bp −$95	14.7 bp −$1,466	36.1 bp −$18.0K

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	1.0052	−0.273%	$41K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0378%	1h	1.0006	−0.734%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0160%	1h	1.0063	−0.160%	$6K	$19K	7x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0015	−0.640%	$113K	$272K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0020	−0.595%	$370K	$5.1M	2.5x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0007	−0.717%	$112K	—	150x	as long as short
Deribit SUI_USDC-PERPETUAL	+0.0049%	1h	1.0026	−0.531%	$195K	$562K	25x	as long as short
Bluefin SUI-PERP	+0.0050%	1h	1.0007	−0.720%	$574K	$409K	25x	as long as short
Lighter SUI	+0.0096%	1h	1.0018	−0.614%	$771K	$5.5M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0019	−0.597%	$296K	$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	1.0005	−0.740%	$30K	$539K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0021	−0.581%	$46K	$208K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0008	−0.713%	$26K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0010	−0.690%	$542K	$2.1M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0016	−0.629%	$876K	$4.3M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0012	−0.670%	$217K	$257K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0017	−0.621%	$143.8M	$1.05B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0014	−0.650%	$97.8M	$318.2M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0017	−0.620%	$40.6M	$382.9M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0010	−0.690%	$42K	$330K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0068	−0.115%	$237K	$2K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0012	−0.670%	$163.6M	$84.7M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0016	−0.630%	$149.1M	$293.5M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0013	−0.660%	$49.2M	$53.7M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0009	−0.700%	$65.9M	$177.6M	75x	as long as short
BingX SUI-USDT	+0.0100%	8h	1.0017	−0.620%	—	$82.6M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0018	−0.611%	$620K	$1.4M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0032	−0.472%	$2.4M	$3.4M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0057	−0.227%	$162K	$4.6M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0051	−0.284%	$438K	$7.5M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0056	−0.234%	$221K	$436K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0015	−0.640%	$133K	$728K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0034	−0.452%	$2K	$1.7M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0022	−0.571%	$6K	$1.9M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0016	−0.630%	$604K	$19.4M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0020	−0.591%	$11.5M	$27.7M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0008	−0.708%	$1.4M	$4.2M	50x	as long as short
01 Exchange SUIUSD	+0.0104%	1h	1.0007	−0.720%	$9K	$3K	10x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0027	−0.522%	$38K	$11K	3x	as long as short
Kraken Futures PF_SUIUSD	+0.0175%	1h	1.0021	−0.585%	$6.7M	$25.0M	50x	as long as short
BloFin SUI-USDTshort	+0.0220%	8h	1.0042	−0.372%	$7.6M	$24.2M	100x
Coinbase International SUI-PERP-INTX	+0.0248%	1h	1.0020	−0.591%	$961K	$14.8M	50x	as long as short
Hyperliquid SUI	+0.0348%	1h	1.0024	−0.551%	$71.7M	$83.2M	10x	as long as short
Phoenix SUI	+0.0416%	1h	1.0059	−0.205%	$199K	$422K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0596% / S −0.0263%	1h	1.0004	−0.753%	$919K	—	100x	as long as short
Aftermath Perps SUIUSDlong	+0.1440%	1h	1.0080	long leg	$81K	$409K	10x