Funding arb · Price arb /

SUI

all SUI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: Paradex against dYdX−0.030%7-day average — · you buy dearer than you sell

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

Long on dYdX Short on Paradex

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 airdropParadex: Active · farm boardneeds both histories

Funding pays, the price is against you. Paradex is 0.030% cheaper against dYdX than usual: you would sell low and buy high (spread −0.030% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 24 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX SUI-USD	1.0484	0	get 0.0000% / 1h	4m 16s	$132K	$227K	10x
Short	Paradex SUI-USD-PERP	1.0481	0.0100	get 0.0100% / 8h	5h 04m	$27K	$9K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against dYdX. 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 dYdXbpFee ParadexbpOrdersPrice spread, now −0.030%Rate

Funding earned: $21
Price spread: −0.030% → 0.000%: −$2.98
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: $4.02
Costs to cover: 0.140%
Break-even: 5.7 days

Slippage unknown: dYdX: live order book, 15 min ago; Paradex: 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 dYdX live order book, 15 min ago	34.34 bp	119.5 bp −$120	391.0 bp −$3,910	740.1 bp −$74.0K	946.0 bp −$473.0K
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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	1.0340	−1.373%	$43K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0374%	1h	1.0461	−0.216%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0272%	1h	1.0445	−0.372%	$6K	$19K	7x	as long as short
dYdX SUI-USDlong	0.0000%	1h	1.0484	long leg	$132K	$227K	10x
Kalshi KXSUIPERP	0.0000%	8h	1.0482	−0.019%	$530K	$4.9M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0470	−0.133%	$203K	$574K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0469	−0.138%	$114K	—	150x	as long as short
Lighter SUI	+0.0096%	1h	1.0489	+0.051%	$839K	$5.6M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0482	−0.013%	$285K	$2.1M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0462	−0.209%	$38K	$512K	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-PERPshort	+0.0100%	8h	1.0481	−0.030%	$27K	$9K	30x
Nado SUI-PERP	+0.0100%	1h	1.0454	−0.285%	$717K	$1.9M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0473	−0.105%	$917K	$4.6M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0487	+0.033%	$229K	$259K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0471	−0.123%	$153.2M	$1.03B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0470	−0.133%	$103.5M	$310.1M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0469	−0.142%	$41.4M	$390.7M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0480	−0.037%	$45K	$373K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0477	−0.068%	$246K	$6K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0467	−0.161%	$167.9M	$84.0M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0469	−0.142%	$152.0M	$297.0M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0464	−0.190%	$50.5M	$54.1M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0465	−0.180%	$68.6M	$170.5M	75x	as long as short
BingX SUI-USDT	+0.0100%	8h	1.0468	−0.152%	—	$82.3M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0473	−0.104%	$700K	$1.3M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0449	−0.329%	$2.4M	$3.3M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0471	−0.122%	$171K	$4.6M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0486	+0.016%	$458K	$7.5M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0508	+0.230%	$236K	$485K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0476	−0.075%	$114K	$751K	10x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0469	−0.142%	$48K	$219K	20x	as long as short
Bluefin SUI-PERP	+0.0100%	1h	1.0455	−0.276%	$598K	$403K	25x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0470	−0.133%	$2K	$1.8M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0470	−0.133%	$15K	$2.1M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0457	−0.257%	$585K	$19.7M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0473	−0.104%	$12.0M	$26.7M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0465	−0.182%	$1.5M	$4.1M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0468	−0.149%	$40K	$11K	3x	as long as short
01 Exchange SUIUSD	+0.0176%	1h	1.0477	−0.066%	$9K	$3K	10x	as long as short
Coinbase International SUI-PERP-INTX	+0.0176%	1h	1.0469	−0.142%	$1.0M	$15.0M	50x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0476	−0.075%	$8.1M	$25.1M	100x	as long as short
Kraken Futures PF_SUIUSD	+0.0287%	1h	1.0478	−0.058%	$6.9M	$27.0M	50x	as long as short
Phoenix SUI	+0.0362%	1h	1.0468	−0.152%	$212K	$561K	10x	as long as short
Hyperliquid SUI	+0.0608%	1h	1.0472	−0.114%	$76.1M	$81.9M	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0616% / S −0.0267%	1h	1.0468	−0.150%	$967K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1488%	1h	1.0505	+0.201%	$84K	$391K	10x	as long as short