Funding arb · Price arb /

SUI

all SUI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.3570%/8h= −391.0% APRpaid last 24h −0.848%

Price spread now: Injective against Gate−0.661%7-day average −0.263% · you buy dearer than you sell

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

Long on Gate Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−3.601%−$360 on $10k

Price spread, last 4 days (all we have)+0.246%+$25 · spread now −0.661%, 7d avg −0.263%

Together, before fees−3.355%−$335 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$107 a day on $10k at the current rate, and Injective is 0.398% cheaper against Gate than usual: you would sell low and buy high (−$40 if the spread goes back to its 7-day average of −0.263%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SUI_USDT	1.0292	0.0100	pay 0.0100% / 8h	3h 28m	$167.2M	$81.7M	50x
Short	Injective SUI/USDC PERP	1.0224	−0.3470	pay 0.0434% / 1h	28m 42s	$42K	$123K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Gate. 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 GatebpFee InjectivebpOrdersPrice spread, now −0.661%Rate

Funding earned: −$749.78
Price spread: −0.661% → −0.263%: −$39.81
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$804.61
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 5 min ago; Injective: live order book, 25 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 Gate live order book, 5 min ago	0.97 bp	15.0 bp −$15	25.3 bp −$253	47.9 bp −$4,788	81.0 bp −$40.5K
Sell Injective live order book, 25 min ago	81.77 bp	doesn't fit	doesn't fit	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 PERPshort	−0.3470%	1h	1.0224	−0.661%	$42K	$123K	12x
Reya SUIRUSDPERP	−0.0377%	1h	1.0304	+0.114%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0208%	1h	1.0318	+0.249%	$6K	$19K	7x	as long as short
Kraken Futures PF_SUIUSD	−0.0067%	1h	1.0296	+0.035%	$6.8M	$26.5M	50x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0290	−0.019%	$129K	$227K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0303	+0.103%	$486K	$5.0M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0291	−0.010%	$200K	$572K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0295	+0.029%	$115K	—	150x	as long as short
Bluefin SUI-PERP	+0.0050%	1h	1.0277	−0.146%	$589K	$406K	25x	as long as short
Lighter SUI	+0.0096%	1h	1.0297	+0.052%	$788K	$5.4M	10x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SUI	+0.0096%	1h	1.0298	+0.056%	$307K	$2.2M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0299	+0.068%	$45K	$515K	50x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0292	0.000%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0296	+0.039%	$582K	$2.1M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0297	+0.053%	$889K	$4.5M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0296	+0.039%	$222K	$254K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0293	+0.010%	$148.6M	$1.02B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0290	−0.021%	$101.2M	$307.8M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0288	−0.039%	$40.4M	$384.8M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0300	+0.078%	$44K	$330K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0310	+0.175%	$242K	$5K	10x	as long as short
Gate SUI_USDTlong	+0.0100%	8h	1.0292	long leg	$167.2M	$81.7M	50x
MEXC SUI_USDT	+0.0100%	8h	1.0289	−0.029%	$153.1M	$294.0M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0293	+0.010%	$50.4M	$54.1M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0289	−0.029%	$67.2M	$172.7M	75x	as long as short
BingX SUI-USDT	+0.0100%	8h	1.0292	0.000%	—	$82.1M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0290	−0.019%	$650K	$1.3M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0342	+0.483%	$2.5M	$3.4M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0323	+0.301%	$168K	$4.5M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0335	+0.422%	$445K	$7.6M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0336	+0.428%	$226K	$431K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0311	+0.185%	$123K	$735K	10x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0291	−0.010%	$47K	$163K	20x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0344	+0.505%	$2K	$1.7M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0296	+0.039%	$14K	$2.0M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0298	+0.058%	$587K	$19.5M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0301	+0.087%	$11.8M	$27.0M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0287	−0.049%	$1.4M	$4.1M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0300	+0.075%	$39K	$11K	3x	as long as short
01 Exchange SUIUSD	+0.0152%	1h	1.0300	+0.078%	$9K	$3K	10x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0300	+0.078%	$7.8M	$24.7M	100x	as long as short
Coinbase International SUI-PERP-INTX	+0.0248%	1h	1.0301	+0.087%	$976K	$15.0M	50x	as long as short
Hyperliquid SUI	+0.0400%	1h	1.0303	+0.105%	$74.4M	$81.0M	10x	as long as short
Phoenix SUI	+0.0408%	1h	1.0326	+0.327%	$209K	$415K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0610% / S −0.0266%	1h	1.0294	+0.015%	$953K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1493%	1h	1.0319	+0.261%	$82K	$402K	10x	as long as short