Funding arb · Price arb /

SUI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against KuCoin−0.029%7-day average +0.104% · you buy dearer than you sell

Net, funding: paid 7d − costs−$138as in the Funding arb table

Net, price: spread back to 7d avg − costs−$155as in the Price arb table

costs, in and out, $10k−$1421.417% of the position

Long on KuCoin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.040%+$4 on $10k

Price spread, last 3 days (all we have)+0.176%+$18 · spread now −0.029%, 7d avg +0.104%

Together, before fees+0.216%+$22 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: SunX is 0.133% cheaper against KuCoin than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.104%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SUIUSDTM	1.0377	0.0100	pay 0.0100% / 8h	6h 14m	$51.7M	$53.7M	75x
Short	SunX SUI-USDT	1.0374	0.0100	get 0.0100% / 8h	6h 14m	$2K	$1.8M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against KuCoin. 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 KuCoinbpFee SunXbpOrdersPrice spread, now −0.029%Rate

Funding earned: $0
Price spread: −0.029% → +0.104%: −$13.3
Slippage, 4 orders: −$121.73
Fee KuCoin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$155.03
Costs to cover: 1.417%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; SunX: live order book, 11 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 KuCoin live order book, 4 min ago	1.45 bp	13.6 bp −$14	30.9 bp −$309	119.7 bp −$12.0K	doesn't fit
Sell SunX live order book, 11 min ago	30.28 bp	68.4 bp −$68	doesn't fit	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	−0.4499%	1h	1.0250	−1.224%	$42K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0373%	1h	1.0360	−0.166%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0352%	1h	1.0351	−0.248%	$6K	$19K	7x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0364	−0.125%	$94K	$171K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0375	−0.022%	$507K	$5.1M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0362	−0.145%	$201K	$578K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0363	−0.139%	$113K	—	150x	as long as short
Kraken Futures PF_SUIUSD	+0.0012%	1h	1.0365	−0.111%	$6.8M	$27.0M	50x	as long as short
Bluefin SUI-PERP	+0.0068%	1h	1.0352	−0.241%	$592K	$416K	25x	as long as short
Lighter SUI	+0.0096%	1h	1.0368	−0.088%	$819K	$5.7M	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SUI	+0.0096%	1h	1.0367	−0.100%	$276K	$2.1M	10x	as long as short
01 Exchange SUIUSD	+0.0096%	1h	1.0370	−0.067%	$9K	$3K	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0365	−0.116%	$31K	$494K	50x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0364	−0.127%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0360	−0.159%	$750K	$1.9M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0362	−0.149%	$910K	$4.9M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0365	−0.118%	$226K	$269K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0373	−0.035%	$151.4M	$1.05B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0381	+0.041%	$102.9M	$312.2M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0380	+0.029%	$40.9M	$391.1M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0370	−0.067%	$44K	$373K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0361	−0.159%	$244K	$4K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0376	−0.010%	$164.2M	$84.4M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0374	−0.029%	$150.0M	$300.4M	300x	as long as short
KuCoin SUIUSDTMlong	+0.0100%	8h	1.0377	long leg	$51.7M	$53.7M	75x
Bitget SUIUSDT	+0.0100%	8h	1.0376	−0.010%	$67.5M	$171.4M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0376	−0.010%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0359	−0.173%	$691K	$1.2M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0370	−0.071%	$2.4M	$3.2M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0366	−0.104%	$169K	$4.7M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0373	−0.039%	$450K	$7.4M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0374	−0.029%	$237K	$501K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0373	−0.039%	$120K	$722K	10x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0363	−0.135%	$47K	$248K	20x	as long as short
SunX SUI-USDTshort	+0.0100%	8h	1.0374	−0.029%	$2K	$1.8M	30x
SoDEX SUI-USD	+0.0100%	1h	1.0363	−0.135%	$7K	$2.2M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0361	−0.154%	$644K	$19.7M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0366	−0.106%	$11.6M	$25.8M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0374	−0.025%	$1.5M	$4.1M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0365	−0.116%	$39K	$16K	3x	as long as short
Coinbase International SUI-PERP-INTX	+0.0152%	1h	1.0363	−0.135%	$993K	$14.6M	50x	as long as short
Hyperliquid SUI	+0.0186%	1h	1.0394	+0.164%	$74.5M	$80.7M	10x	as long as short
Phoenix SUI	+0.0221%	1h	1.0378	+0.011%	$206K	$595K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0626% / S −0.0278%	1h	1.0360	−0.165%	$978K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1048%	1h	1.0376	−0.008%	$80K	$381K	10x	as long as short