Funding arb · Price arb /

SUI

all SUI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.3344%/8h= +366.2% APRpaid last 24h +0.828%

Price spread now: Gate against Injective+0.591%7-day average +0.252% · you sell dearer than you buy

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

Long on Injective Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+3.580%+$358 on $10k

Price spread, last 4 days (all we have)+0.061%+$6 · spread now +0.591%, 7d avg +0.252%

Together, before fees+3.642%+$364 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$100 a day on $10k at the current rate, and Gate is 0.340% dearer against Injective than usual: you sell high and buy low: +$34 more if the spread goes back to its 7-day average of +0.252%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective SUI/USDC PERP	1.0320	−0.3244	get 0.0406% / 1h	41m 27s	$42K	$123K	12x
Short	Gate SUI_USDT	1.0381	0.0100	get 0.0100% / 8h	4h 41m	$165.5M	$83.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Injective. 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 InjectivebpFee GatebpOrdersPrice spread, now +0.591%Rate

Funding earned: $702.26
Price spread: +0.591% → +0.252%: $33.96
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Gate: 7.5 bp × 2 orders: −$15
Net: $721.2
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Injective: live order book, 17 min ago; Gate: live order book, 3 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 Injective live order book, 17 min ago	63.83 bp	2006030.4 bp −$2.01M	20112266.0 bp −$201.12M	200833520.0 bp −$20083.35M	1003178880.0 bp −$501589.44M
Sell Gate live order book, 3 min ago	1.44 bp	16.8 bp −$17	31.0 bp −$310	59.4 bp −$5,943	102.8 bp −$51.4K

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 PERPlong	−0.3244%	1h	1.0320	long leg	$42K	$123K	12x
Reya SUIRUSDPERP	−0.0375%	1h	1.0376	+0.541%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0296%	1h	1.0412	+0.892%	$6K	$19K	7x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0401	+0.786%	$130K	$227K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0383	+0.606%	$507K	$5.0M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0389	+0.669%	$202K	$574K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0381	+0.594%	$113K	—	150x	as long as short
Lighter SUI	+0.0096%	1h	1.0404	+0.814%	$828K	$5.5M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0397	+0.749%	$301K	$2.2M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0384	+0.620%	$40K	$516K	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-PERP	+0.0100%	8h	1.0396	+0.732%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0377	+0.557%	$685K	$1.9M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0392	+0.700%	$910K	$4.6M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0399	+0.768%	$225K	$260K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0389	+0.669%	$151.3M	$1.03B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0391	+0.687%	$102.7M	$310.6M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0384	+0.620%	$41.2M	$388.5M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0390	+0.678%	$44K	$373K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0390	+0.678%	$244K	$6K	10x	as long as short
Gate SUI_USDTshort	+0.0100%	8h	1.0381	+0.591%	$165.5M	$83.0M	50x
MEXC SUI_USDT	+0.0100%	8h	1.0383	+0.610%	$151.3M	$293.9M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0383	+0.610%	$49.9M	$54.2M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0385	+0.630%	$67.9M	$171.5M	75x	as long as short
BingX SUI-USDT	+0.0100%	8h	1.0382	+0.601%	—	$82.4M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0402	+0.795%	$680K	$1.4M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0394	+0.713%	$2.4M	$3.3M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0418	+0.945%	$170K	$4.5M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0388	+0.664%	$452K	$7.7M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0399	+0.766%	$232K	$486K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0395	+0.727%	$123K	$756K	10x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0386	+0.640%	$48K	$190K	20x	as long as short
Bluefin SUI-PERP	+0.0100%	1h	1.0378	+0.562%	$594K	$401K	25x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0398	+0.756%	$2K	$1.8M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0387	+0.649%	$14K	$2.1M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0405	+0.824%	$575K	$19.7M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0403	+0.804%	$12.0M	$26.6M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0388	+0.657%	$1.4M	$4.1M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0394	+0.718%	$39K	$11K	3x	as long as short
01 Exchange SUIUSD	+0.0120%	1h	1.0385	+0.630%	$9K	$3K	10x	as long as short
Kraken Futures PF_SUIUSD	+0.0162%	1h	1.0404	+0.816%	$6.9M	$27.0M	50x	as long as short
Coinbase International SUI-PERP-INTX	+0.0216%	1h	1.0407	+0.843%	$994K	$15.0M	50x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0404	+0.814%	$8.0M	$25.0M	100x	as long as short
Phoenix SUI	+0.0390%	1h	1.0414	+0.911%	$211K	$421K	10x	as long as short
Hyperliquid SUI	+0.0419%	1h	1.0391	+0.688%	$75.4M	$81.6M	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0614% / S −0.0267%	1h	1.0380	+0.585%	$959K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1574%	1h	1.0409	+0.861%	$83K	$396K	10x	as long as short