Funding arb · Price arb /

SUI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0044%/8h= +4.8% APRpaid last 24h +0.005%

Price spread now: 01 Exchange against Bybit−0.167%7-day average — · you buy dearer than you sell

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

Long on Bybit Short on 01 Exchange

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—needs both histories

Funding pays, the price is against you. 01 Exchange is 0.167% cheaper against Bybit than usual: you would sell low and buy high (spread −0.167% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 13 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SUIUSDT	1.0570	0.0100	pay 0.0100% / 8h	5h 30m	$104.3M	$308.0M	50x
Short	01 Exchange SUIUSD	1.0552	0.0144	get 0.0018% / 1h	30m 58s	$9K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Bybit. 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 BybitbpFee 01 ExchangebpOrdersPrice spread, now −0.167%Rate

Funding earned: $9.24
Price spread: −0.167% → 0.000%: −$16.65
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$25.41
Costs to cover: 0.180%
Break-even: 26.3 days

Slippage unknown: Bybit: live order book, 3 min ago; 01 Exchange: no order-book sample. 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 Bybit live order book, 3 min ago	0.48 bp	7.3 bp −$7	12.9 bp −$129	30.3 bp −$3,028	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

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	−0.3542%	1h	1.0276	−2.778%	$42K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0374%	1h	1.0539	−0.287%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0216%	1h	1.0483	−0.819%	$6K	$19K	7x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0522	−0.451%	$96K	$168K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0519	−0.475%	$533K	$4.8M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0535	−0.327%	$205K	$575K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0532	−0.357%	$115K	—	150x	as long as short
Lighter SUI	+0.0096%	1h	1.0548	−0.208%	$838K	$5.6M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0550	−0.189%	$285K	$2.1M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0554	−0.148%	$34K	$499K	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex SUI-USD-PERP	+0.0100%	8h	1.0530	−0.373%	$28K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0545	−0.228%	$725K	$1.9M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0546	−0.223%	$927K	$4.6M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0527	−0.407%	$230K	$262K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0556	−0.132%	$154.4M	$1.03B	75x	as long as short
Bybit SUIUSDTlong	+0.0100%	8h	1.0570	long leg	$104.3M	$308.0M	50x
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0567	−0.025%	$41.6M	$390.4M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0550	−0.185%	$45K	$373K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0420	−1.420%	$245K	$4K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0551	−0.176%	$167.5M	$82.9M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0547	−0.214%	$153.0M	$292.5M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0546	−0.223%	$51.8M	$53.5M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0563	−0.062%	$69.2M	$168.5M	75x	as long as short
BingX SUI-USDT	+0.0100%	8h	1.0553	−0.157%	—	$82.1M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0551	−0.176%	$706K	$1.3M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0530	−0.371%	$2.4M	$3.2M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0466	−0.978%	$170K	$4.6M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0472	−0.923%	$459K	$7.5M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0425	−1.368%	$236K	$469K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0558	−0.110%	$124K	$717K	10x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0535	−0.327%	$48K	$236K	20x	as long as short
Bluefin SUI-PERP	+0.0100%	1h	1.0521	−0.460%	$602K	$407K	25x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0543	−0.252%	$2K	$1.8M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0542	−0.261%	$14K	$2.1M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0546	−0.223%	$606K	$19.5M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0546	−0.223%	$11.8M	$26.1M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0533	−0.347%	$1.5M	$4.1M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0538	−0.301%	$40K	$11K	3x	as long as short
01 Exchange SUIUSDshort	+0.0144%	1h	1.0552	−0.167%	$9K	$3K	10x
Coinbase International SUI-PERP-INTX	+0.0176%	1h	1.0545	−0.233%	$996K	$15.0M	50x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0544	−0.242%	$8.1M	$25.3M	100x	as long as short
Kraken Futures PF_SUIUSD	+0.0285%	1h	1.0548	−0.208%	$6.9M	$26.9M	50x	as long as short
Phoenix SUI	+0.0362%	1h	1.0488	−0.776%	$213K	$561K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0623% / S −0.0272%	1h	1.0531	−0.365%	$981K	—	100x	as long as short
Hyperliquid SUI	+0.0689%	1h	1.0565	−0.044%	$76.8M	$80.5M	10x	as long as short
Aftermath Perps SUIUSD	+0.1303%	1h	1.0459	−1.048%	$83K	$385K	10x	as long as short