Funding arb · Price arb /

SUI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Arcus against HTX−0.049%7-day average −0.012% · 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−$49as in the Price arb table

costs, in and out, $10k−$460.458% of the position

Long on HTX Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.001%$0 on $10k

Price spread, last 3 days (all we have)+0.006%+$1 · spread now −0.049%, 7d avg −0.012%

Together, before fees+0.005%$0 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Arcus is 0.037% cheaper against HTX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX SUI-USDT	1.0175	0.0100	pay 0.0100% / 8h	2h 06m	$618K	$18.8M	75x
Short	Arcus SUI-USD	1.0170	0.0100	get 0.0013% / 1h	6m 41s	$147K	$297K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against HTX. 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 HTXbpFee ArcusbpOrdersPrice spread, now −0.049%Rate

Funding earned: $0
Price spread: −0.049% → −0.012%: −$3.68
Slippage, 4 orders: −$29.27
Fee HTX: 6 bp × 2 orders: −$12
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$49.45
Costs to cover: 0.458%
Break-even: never at this rate

Slippage from HTX: live order book, 2 min ago; Arcus: live order book, 17 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 HTX live order book, 2 min ago	2.95 bp	9.6 bp −$10	16.4 bp −$164	36.1 bp −$3,610	doesn't fit
Sell Arcus live order book, 17 min ago	9.82 bp	12.1 bp −$12	21.5 bp −$215	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	−0.2398%	1h	1.0093	−0.806%	$41K	$123K	12x	as long as short
Hibachi SUI/USDT-P	−0.0496%	1h	1.0176	+0.008%	$6K	$18K	7x	as long as short
Reya SUIRUSDPERP	−0.0367%	1h	1.0170	−0.049%	$4K	$3K	20x	as long as short
Bluefin SUI-PERP	−0.0117%	1h	1.0158	−0.167%	$582K	$405K	25x	as long as short
Kraken Futures PF_SUIUSD	−0.0022%	1h	1.0171	−0.035%	$7.0M	$24.0M	50x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0168	−0.065%	$93K	$66K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0182	+0.070%	$457K	$5.5M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0172	−0.029%	$186K	$547K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0002%	1h	1.0171	−0.043%	$118K	—	150x	as long as short
01 Exchange SUIUSD	+0.0088%	1h	1.0175	0.000%	$9K	$9K	10x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SUI	+0.0096%	1h	1.0171	−0.040%	$778K	$5.9M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0172	−0.029%	$251K	$2.0M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0171	−0.039%	$36K	$503K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0098%	8h	1.0170	−0.049%	$44K	$376K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0177	+0.018%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0179	+0.039%	$594K	$1.3M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0172	−0.033%	$996K	$4.5M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0182	+0.065%	$220K	$261K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0168	−0.071%	$150.7M	$1.03B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0168	−0.072%	$101.8M	$306.9M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0165	−0.098%	$40.7M	$380.9M	50x	as long as short
Arcus SUI-USDshort	+0.0100%	1h	1.0170	−0.049%	$147K	$297K	10x
Bulk SUI-USD	+0.0100%	1h	1.0178	+0.034%	$239K	$2K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0167	−0.079%	$163.8M	$81.2M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0166	−0.088%	$147.3M	$299.2M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0169	−0.059%	$51.9M	$51.5M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0164	−0.108%	$66.8M	$168.8M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0168	−0.069%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0166	−0.088%	$646K	$1.2M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0181	+0.062%	$2.2M	$2.8M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0181	+0.059%	$164K	$4.4M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0177	+0.020%	$441K	$7.1M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0183	+0.079%	$231K	$444K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0180	+0.049%	$106K	$785K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0184	+0.088%	$2K	$1.9M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0169	−0.059%	$6K	$2.4M	10x	as long as short
HTX SUI-USDTlong	+0.0100%	8h	1.0175	long leg	$618K	$18.8M	75x
Phemex SUIUSDT	+0.0100%	8h	1.0172	−0.029%	$11.4M	$24.5M	50x	as long as short
Hyperliquid SUI	+0.0102%	1h	1.0178	+0.029%	$72.4M	$81.4M	10x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0166	−0.091%	$1.4M	$3.7M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0171	−0.041%	$48K	$37K	3x	as long as short
Coinbase International SUI-PERP-INTX	+0.0216%	1h	1.0203	+0.275%	$977K	$13.7M	50x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0176	+0.010%	$8.0M	$23.7M	100x	as long as short
Phoenix SUI	+0.0290%	1h	1.0205	+0.294%	$184K	$578K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0636% / S −0.0311%	1h	1.0170	−0.054%	$892K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.0661%	1h	1.0182	+0.070%	$91K	$381K	10x	as long as short