Funding arb · Price arb /

SUI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0097%/8h= +10.6% APRpaid last 24h +0.029%

Price spread now: Aster against gTrade (Gains Network)−0.186%7-day average +0.040% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$317as in the Price arb table

costs, in and out, $10k−$2942.945% of the position

Long on gTrade (Gains Network)Short on Aster

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.097%+$10 on $10k

Price spread, last 3 days (all we have)+0.247%+$25 · spread now −0.186%, 7d avg +0.040%

Together, before fees+0.344%+ Points / potential airdropAster: Stage 5 · farm board+$34 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aster is 0.226% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.186% now, against its 7-day average of +0.040%). If the spread goes back, that is −$23 on $10k: about 7.8 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) SUI/USD	1.0456	L +0.0003% / S −0.0003%	pay 0.0000% / 1h	56m 00s	$114K	—	150x
Short	Aster SUIUSDT	1.0436	0.0100	get 0.0100% / 8h	5h 56m	$915K	$4.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee AsterbpOrdersPrice spread, now −0.186%Rate

Funding earned: $20.42
Price spread: −0.186% → +0.040%: −$22.61
Slippage, 4 orders: −$276.46
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$296.65
Costs to cover: 2.945%
Break-even: 108.7 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 8 min ago; Aster: 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 gTrade (Gains Network) virtual book (oracle venue), 8 min ago	130.04 bp	142.8 bp −$143	977.3 bp −$9,773	10438.7 bp −$1.04M	doesn't fit
Sell Aster live order book, 3 min ago	1.45 bp	8.6 bp −$9	20.8 bp −$208	doesn't fit	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	−0.3542%	1h	1.0252	−1.948%	$42K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0373%	1h	1.0466	+0.097%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0264%	1h	1.0366	−0.861%	$6K	$19K	7x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0458	+0.024%	$95K	$168K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0449	−0.063%	$516K	$4.8M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0456	+0.003%	$203K	$576K	25x	as long as short
gTrade (Gains Network) SUI/USDlong	L +0.0003% / S −0.0003%	1h	1.0456	long leg	$114K	—	150x
Bluefin SUI-PERP	+0.0029%	1h	1.0444	−0.112%	$598K	$411K	25x	as long as short
Lighter SUI	+0.0096%	1h	1.0445	−0.100%	$832K	$5.6M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0449	−0.066%	$279K	$2.1M	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex SUIUSDT	+0.0096%	1h	1.0471	+0.146%	$31K	$499K	50x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0471	+0.144%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0471	+0.151%	$723K	$1.9M	10x	as long as short
Aster SUIUSDTshort	+0.0100%	8h	1.0436	−0.186%	$915K	$4.8M	75x
Pacifica SUI	+0.0100%	1h	1.0455	−0.011%	$228K	$266K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0427	−0.272%	$152.5M	$1.03B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0417	−0.368%	$103.2M	$308.7M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0426	−0.284%	$41.2M	$386.1M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0470	+0.137%	$44K	$373K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0351	−1.001%	$243K	$4K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0426	−0.284%	$165.0M	$82.3M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0425	−0.294%	$151.5M	$289.9M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0435	−0.198%	$50.8M	$53.7M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0422	−0.322%	$67.8M	$168.5M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0413	−0.408%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0436	−0.188%	$713K	$1.2M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0468	+0.115%	$2.4M	$3.2M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0383	−0.700%	$169K	$4.7M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0370	−0.820%	$453K	$7.5M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0361	−0.906%	$236K	$470K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0451	−0.045%	$48K	$241K	20x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0479	+0.223%	$2K	$1.8M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0452	−0.035%	$6K	$2.1M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0446	−0.093%	$596K	$19.8M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0430	−0.246%	$11.6M	$26.0M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0426	−0.280%	$1.5M	$4.0M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0458	+0.027%	$40K	$11K	3x	as long as short
01 Exchange SUIUSD	+0.0112%	1h	1.0477	+0.204%	$9K	$3K	10x	as long as short
Coinbase International SUI-PERP-INTX	+0.0176%	1h	1.0448	−0.074%	$970K	$14.7M	50x	as long as short
Phoenix SUI	+0.0221%	1h	1.0385	−0.675%	$206K	$561K	10x	as long as short
Kraken Futures PF_SUIUSD	+0.0287%	1h	1.0456	0.000%	$6.8M	$26.9M	50x	as long as short
Polymarket Perps SUI-USD	+0.0303%	1h	1.0481	+0.242%	$123K	$729K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0620% / S −0.0272%	1h	1.0460	+0.044%	$974K	—	100x	as long as short
Hyperliquid SUI	+0.0752%	1h	1.0449	−0.062%	$75.4M	$80.3M	10x	as long as short
Aftermath Perps SUIUSD	+0.1161%	1h	1.0400	−0.529%	$83K	$383K	10x	as long as short