Funding arb · Price arb /

SUI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.011%

Price spread now: edgeX against Deribit−0.046%75s7-day average −0.047% · you buy dearer than you sell

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

Long on Deribit Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.022%+$2 on $10k

Price spread, last 4 days (all we have)−0.260%−$26 · spread now −0.046%, 7d avg −0.047%

Together, before fees−0.237%+ Points / potential airdropedgeX: Active · farm board−$24 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.047%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 75 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	Deribit SUI_USDC-PERPETUAL	1.0380	0	get 0.0000% / 1h	16m 10s	$202K	$573K	25x
Short	edgeX SUIUSDC	1.0375	0.0100	get 0.0050% / 4h	16m 10s	$169K	$4.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Deribit. 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 DeribitbpFee edgeXbpOrdersPrice spread, now −0.046%Rate

Funding earned: $21
Price spread: −0.046% → −0.047%: $0.08
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $5.08
Costs to cover: 0.160%
Break-even: 5.3 days

Slippage unknown: Deribit: live order book, 43 min ago; 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 Deribit live order book, 43 min ago	112.71 bp	126.7 bp −$127	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 3 min ago	1.93 bp	6.4 bp −$6	9.9 bp −$99	doesn't fit	doesn't fit

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	−0.3244%	1h	1.0301	−0.761%	$42K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0376%	1h	1.0373	−0.068%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0320%	1h	1.0393	+0.130%	$6K	$19K	7x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0378	−0.018%	$130K	$227K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0370	−0.094%	$487K	$5.0M	2.5x	as long as short
Deribit SUI_USDC-PERPETUALlong	0.0000%	1h	1.0380	long leg	$202K	$573K	25x
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0372	−0.074%	$116K	—	150x	as long as short
Lighter SUI	+0.0096%	1h	1.0376	−0.035%	$827K	$5.6M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0372	−0.074%	$301K	$2.2M	10x	as long as short
01 Exchange SUIUSD	+0.0096%	1h	1.0380	0.000%	$9K	$2K	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	1.0379	−0.010%	$42K	$517K	50x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0377	−0.026%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0376	−0.034%	$584K	$2.1M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0378	−0.020%	$909K	$4.6M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0381	+0.014%	$224K	$260K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0365	−0.144%	$150.1M	$1.03B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0366	−0.135%	$101.8M	$311.1M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0361	−0.183%	$40.9M	$389.0M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0380	0.000%	$44K	$373K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0408	+0.268%	$245K	$6K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0363	−0.164%	$168.3M	$84.1M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0364	−0.154%	$152.9M	$297.8M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0376	−0.039%	$50.0M	$54.0M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0359	−0.202%	$67.7M	$172.6M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0365	−0.145%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0364	−0.154%	$661K	$1.4M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0374	−0.061%	$2.5M	$3.4M	—	as long as short
edgeX SUIUSDCshort	+0.0100%	4h	1.0375	−0.046%	$169K	$4.5M	20x
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0358	−0.213%	$448K	$7.6M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0383	+0.029%	$230K	$434K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0385	+0.048%	$124K	$754K	10x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0373	−0.067%	$48K	$169K	20x	as long as short
Bluefin SUI-PERP	+0.0100%	1h	1.0362	−0.173%	$593K	$406K	25x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0365	−0.145%	$2K	$1.7M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0376	−0.039%	$14K	$2.1M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0375	−0.048%	$579K	$19.6M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0370	−0.096%	$11.9M	$26.8M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0375	−0.046%	$1.4M	$4.1M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0380	+0.005%	$39K	$11K	3x	as long as short
Kraken Futures PF_SUIUSD	+0.0162%	1h	1.0378	−0.021%	$6.9M	$27.0M	50x	as long as short
Coinbase International SUI-PERP-INTX	+0.0216%	1h	1.0398	+0.173%	$974K	$15.0M	50x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0392	+0.116%	$8.0M	$24.8M	100x	as long as short
Hyperliquid SUI	+0.0351%	1h	1.0371	−0.087%	$75.2M	$81.5M	10x	as long as short
Phoenix SUI	+0.0390%	1h	1.0375	−0.049%	$211K	$421K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0614% / S −0.0267%	1h	1.0373	−0.072%	$959K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1495%	1h	1.0392	+0.114%	$83K	$398K	10x	as long as short