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: Bybit against Arcus+0.012%7-day average +0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$420.416% of the position

Long on Arcus Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.006%+$1 on $10k

Price spread, last 4 days (all we have)+0.095%+$9 · spread now +0.012%, 7d avg +0.006%

Together, before fees+0.101%+$10 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus SUI-USD	1.0380	0.0100	pay 0.0013% / 1h	1m 36s	$44K	$373K	10x
Short	Bybit SUIUSDT	1.0381	0.0100	get 0.0100% / 8h	6h 01m	$103.0M	$309.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Arcus. 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 ArcusbpFee BybitbpOrdersPrice spread, now +0.012%Rate

Funding earned: $0
Price spread: +0.012% → +0.006%: $0.55
Slippage, 4 orders: −$26.12
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$41.07
Costs to cover: 0.416%
Break-even: never at this rate

Slippage from Arcus: live order book, 2 min ago; Bybit: 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 Arcus live order book, 2 min ago	9.61 bp	11.9 bp −$12	19.1 bp −$191	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	0.48 bp	8.0 bp −$8	14.8 bp −$148	35.4 bp −$3,544	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	−1.233%	$42K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0373%	1h	1.0400	+0.197%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0280%	1h	1.0404	+0.234%	$6K	$19K	7x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0379	−0.010%	$95K	$169K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0413	+0.317%	$521K	$4.9M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0397	+0.164%	$202K	$577K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0404	+0.227%	$114K	—	150x	as long as short
Kraken Futures PF_SUIUSD	+0.0011%	1h	1.0398	+0.175%	$6.8M	$27.0M	50x	as long as short
Bluefin SUI-PERP	+0.0059%	1h	1.0386	+0.058%	$594K	$414K	25x	as long as short
Lighter SUI	+0.0096%	1h	1.0383	+0.029%	$819K	$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	1.0401	+0.198%	$277K	$2.1M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0379	−0.010%	$31K	$499K	50x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0379	−0.005%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0395	+0.145%	$719K	$1.9M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0398	+0.169%	$912K	$4.8M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0387	+0.067%	$227K	$268K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0384	+0.035%	$151.9M	$1.04B	75x	as long as short
Bybit SUIUSDTshort	+0.0100%	8h	1.0381	+0.012%	$103.0M	$309.7M	50x
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0377	−0.029%	$41.0M	$385.9M	50x	as long as short
Arcus SUI-USDlong	+0.0100%	1h	1.0380	long leg	$44K	$373K	10x
Bulk SUI-USD	+0.0100%	1h	1.0351	−0.279%	$243K	$4K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0381	+0.010%	$164.3M	$84.7M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0378	−0.019%	$150.5M	$301.5M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0381	+0.010%	$50.5M	$53.8M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0374	−0.058%	$67.5M	$169.9M	75x	as long as short
BingX SUI-USDT	+0.0100%	8h	1.0381	+0.010%	—	$82.1M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0393	+0.125%	$710K	$1.2M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0364	−0.157%	$2.4M	$3.2M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0405	+0.240%	$169K	$4.7M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0385	+0.049%	$455K	$7.5M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0357	−0.222%	$236K	$472K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0411	+0.299%	$121K	$722K	10x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0398	+0.173%	$47K	$243K	20x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0422	+0.405%	$3K	$1.8M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0395	+0.145%	$6K	$2.1M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0406	+0.250%	$599K	$19.9M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0394	+0.135%	$11.6M	$25.9M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0374	−0.063%	$1.4M	$4.1M	50x	as long as short
01 Exchange SUIUSD	+0.0104%	1h	1.0379	−0.010%	$9K	$3K	10x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0399	+0.183%	$39K	$16K	3x	as long as short
Coinbase International SUI-PERP-INTX	+0.0152%	1h	1.0412	+0.308%	$983K	$14.6M	50x	as long as short
Phoenix SUI	+0.0221%	1h	1.0371	−0.084%	$206K	$595K	10x	as long as short
Hyperliquid SUI	+0.0307%	1h	1.0410	+0.289%	$75.0M	$80.1M	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0627% / S −0.0278%	1h	1.0402	+0.212%	$981K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1099%	1h	1.0397	+0.164%	$83K	$383K	10x	as long as short