Funding arb · Price arb /

SUI

all SUI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: HTX against Extended+0.052%7-day average +0.062% · you sell dearer than you buy

Net, funding: paid 7d − costs−$31as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$270.268% of the position

Long on Extended Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.038%−$4 on $10k

Price spread, last 3 days (all we have)+0.028%+$3 · spread now +0.052%, 7d avg +0.062%

Together, before fees−0.010%+ Points / potential airdropExtended: Active · farm board−$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended SUI-USD	1.0349	0.0104	pay 0.0013% / 1h	41m 01s	$1.4M	$3.8M	50x
Short	HTX SUI-USDT	1.0354	0.0100	get 0.0100% / 8h	41m 01s	$642K	$18.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Extended. 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 ExtendedbpFee HTXbpOrdersPrice spread, now +0.052%Rate

Funding earned: −$0.84
Price spread: +0.052% → +0.062%: −$1.06
Slippage, 4 orders: −$9.84
Fee Extended: 2.5 bp × 2 orders: −$5
Fee HTX: 6 bp × 2 orders: −$12
Net: −$28.74
Costs to cover: 0.268%
Break-even: never at this rate

Slippage from Extended: live order book, 3 min ago; HTX: 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 Extended live order book, 3 min ago	0.48 bp	3.0 bp −$3	4.6 bp −$46	doesn't fit	doesn't fit
Sell HTX live order book, 3 min ago	2.90 bp	10.3 bp −$10	14.8 bp −$148	33.9 bp −$3,391	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	−0.3474%	1h	1.0207	−1.369%	$42K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0369%	1h	1.0353	+0.045%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0328%	1h	1.0351	+0.024%	$6K	$19K	7x	as long as short
Bluefin SUI-PERP	−0.0005%	1h	1.0343	−0.054%	$593K	$405K	25x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0352	+0.029%	$94K	$66K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0360	+0.115%	$464K	$5.4M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0356	+0.071%	$201K	$581K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0002%	1h	1.0357	+0.083%	$120K	—	150x	as long as short
Lighter SUI	+0.0096%	1h	1.0355	+0.061%	$796K	$5.9M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0358	+0.087%	$261K	$2.0M	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	1.0355	+0.061%	$39K	$495K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0099%	8h	1.0355	+0.061%	$46K	$329K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0353	+0.042%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0357	+0.086%	$597K	$1.4M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0354	+0.053%	$1.0M	$4.6M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0356	+0.069%	$225K	$260K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0362	+0.130%	$152.1M	$1.02B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0365	+0.154%	$103.7M	$306.9M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0361	+0.119%	$41.3M	$386.9M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0360	+0.110%	$46K	$387K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0371	+0.215%	$244K	$2K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0353	+0.042%	$165.8M	$81.1M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0352	+0.032%	$149.7M	$290.1M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0350	+0.013%	$51.7M	$52.2M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0359	+0.100%	$68.0M	$168.7M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0352	+0.032%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0353	+0.042%	$660K	$1.1M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0378	+0.286%	$2.3M	$2.8M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0366	+0.163%	$169K	$4.4M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0357	+0.077%	$454K	$7.0M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0367	+0.177%	$235K	$442K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0362	+0.129%	$108K	$777K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0367	+0.177%	$2K	$1.9M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0352	+0.032%	$7K	$2.4M	10x	as long as short
HTX SUI-USDTshort	+0.0100%	8h	1.0354	+0.052%	$642K	$18.5M	75x
Phemex SUIUSDT	+0.0100%	8h	1.0351	+0.023%	$11.6M	$24.8M	50x	as long as short
Extended SUI-USDlong	+0.0104%	1h	1.0349	long leg	$1.4M	$3.8M	50x
01 Exchange SUIUSD	+0.0104%	1h	1.0355	+0.061%	$9K	$9K	10x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0358	+0.094%	$49K	$37K	3x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0355	+0.061%	$8.0M	$24.2M	100x	as long as short
Coinbase International SUI-PERP-INTX	+0.0224%	1h	1.0376	+0.264%	$987K	$14.0M	50x	as long as short
Kraken Futures PF_SUIUSD	+0.0273%	1h	1.0357	+0.085%	$7.2M	$24.1M	50x	as long as short
Phoenix SUI	+0.0327%	1h	1.0372	+0.221%	$206K	$593K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0638% / S −0.0308%	1h	1.0357	+0.080%	$902K	—	100x	as long as short
Hyperliquid SUI	+0.0695%	1h	1.0369	+0.193%	$74.8M	$80.8M	10x	as long as short
Aftermath Perps SUIUSD	+0.0831%	1h	1.0363	+0.135%	$94K	$381K	10x	as long as short