Funding arb · Price arb /

SUI

all SUI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Bybit against Nado+0.011%7-day average −0.002% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$330.333% of the position

Long on Nado Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.003%$0 on $10k

Price spread, last 7 days−0.060%−$6 · spread now +0.011%, 7d avg −0.002%

Together, before fees−0.063%+ Points / potential airdropNado: Active · farm board−$6 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado SUI-PERP	1.0050	0.0100	pay 0.0012% / 1h	30m 16s	$545K	$2.1M	10x
Short	Bybit SUIUSDT	1.0051	0.0100	get 0.0100% / 8h	2h 30m	$98.7M	$316.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Nado. 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 NadobpFee BybitbpOrdersPrice spread, now +0.011%Rate

Funding earned: $0
Price spread: +0.011% → −0.002%: $1.31
Slippage, 4 orders: −$15.34
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$32.02
Costs to cover: 0.333%
Break-even: 3290089460056157.0 days

Slippage from Nado: live order book, 3 min ago; Bybit: live order book, 4 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 Nado live order book, 3 min ago	1.49 bp	8.3 bp −$8	24.5 bp −$245	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	0.50 bp	9.0 bp −$9	20.0 bp −$200	55.7 bp −$5,570	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	−0.3309%	1h	1.0052	+0.020%	$41K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0378%	1h	1.0051	+0.011%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0160%	1h	1.0045	−0.048%	$5K	$19K	7x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0054	+0.044%	$126K	$227K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0053	+0.031%	$370K	$5.1M	2.5x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0048	−0.020%	$113K	—	150x	as long as short
Bluefin SUI-PERP	+0.0047%	1h	1.0038	−0.119%	$576K	$406K	25x	as long as short
Lighter SUI	+0.0096%	1h	1.0053	+0.034%	$773K	$5.5M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0057	+0.069%	$297K	$2.2M	10x	as long as short
01 Exchange SUIUSD	+0.0096%	1h	1.0054	+0.040%	$9K	$3K	10x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex SUIUSDT	+0.0096%	1h	1.0050	0.000%	$30K	$538K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0046	−0.040%	$47K	$205K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0047	−0.034%	$26K	$9K	30x	as long as short
Nado SUI-PERPlong	+0.0100%	1h	1.0050	long leg	$545K	$2.1M	10x
Aster SUIUSDT	+0.0100%	8h	1.0053	+0.027%	$876K	$4.3M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0048	−0.024%	$217K	$254K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0057	+0.070%	$143.5M	$1.05B	75x	as long as short
Bybit SUIUSDTshort	+0.0100%	8h	1.0051	+0.011%	$98.7M	$316.9M	50x
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0054	+0.040%	$40.5M	$383.8M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0060	+0.100%	$43K	$330K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0068	+0.179%	$237K	$2K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0052	+0.020%	$165.5M	$84.4M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0055	+0.050%	$149.4M	$292.9M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0053	+0.030%	$49.4M	$53.9M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0046	−0.040%	$66.2M	$177.3M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0050	0.000%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0041	−0.090%	$617K	$1.4M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0032	−0.180%	$2.4M	$3.4M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0057	+0.067%	$162K	$4.6M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0061	+0.110%	$432K	$7.5M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0056	+0.060%	$221K	$436K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0057	+0.070%	$133K	$727K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0068	+0.179%	$2K	$1.7M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0050	0.000%	$13K	$1.9M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0053	+0.030%	$606K	$19.4M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0052	+0.020%	$11.5M	$27.7M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0046	−0.042%	$1.4M	$4.2M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0053	+0.034%	$38K	$11K	3x	as long as short
Deribit SUI_USDC-PERPETUAL	+0.0148%	1h	1.0051	+0.010%	$195K	$562K	25x	as long as short
Kraken Futures PF_SUIUSD	+0.0175%	1h	1.0053	+0.027%	$6.7M	$25.0M	50x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0040	−0.100%	$7.6M	$24.2M	100x	as long as short
Coinbase International SUI-PERP-INTX	+0.0248%	1h	1.0060	+0.100%	$965K	$14.9M	50x	as long as short
Hyperliquid SUI	+0.0323%	1h	1.0062	+0.119%	$72.4M	$82.9M	10x	as long as short
Phoenix SUI	+0.0416%	1h	1.0059	+0.089%	$199K	$422K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0598% / S −0.0263%	1h	1.0048	−0.024%	$924K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1423%	1h	1.0103	+0.524%	$82K	$409K	10x	as long as short