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 +0.003%

Price spread now: HTX against Orderly+0.020%7-day average +0.021% · you sell dearer than you buy

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

Long on Orderly Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.006%+$1 on $10k

Price spread, last 4 days (all we have)+0.005%$0 · spread now +0.020%, 7d avg +0.021%

Together, before fees+0.011%+$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_SUI_USDC	1.0216	0.0100	pay 0.0100% / 8h	2h 46m	$47K	$190K	20x
Short	HTX SUI-USDT	1.0218	0.0100	get 0.0100% / 8h	2h 46m	$595K	$19.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Orderly. 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 OrderlybpFee HTXbpOrdersPrice spread, now +0.020%Rate

Funding earned: $0.09
Price spread: +0.020% → +0.021%: −$0.13
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee HTX: 6 bp × 2 orders: −$12
Net: −$18.04
Costs to cover: 0.180%
Break-even: 1405.7 days

Slippage unknown: Orderly: no order-book sample; HTX: 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 Orderly no order-book sample	—	—	—	—	—
Sell HTX live order book, 3 min ago	3.42 bp	11.2 bp −$11	23.8 bp −$238	43.4 bp −$4,342	doesn't fit

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	1.0051	−1.615%	$41K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0378%	1h	1.0213	−0.030%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0128%	1h	1.0217	+0.010%	$6K	$19K	7x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0214	−0.018%	$128K	$227K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0218	+0.017%	$482K	$5.0M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0215	−0.010%	$198K	$571K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0214	−0.015%	$115K	—	150x	as long as short
Bluefin SUI-PERP	+0.0076%	1h	1.0201	−0.147%	$585K	$408K	25x	as long as short
01 Exchange SUIUSD	+0.0088%	1h	1.0219	+0.029%	$9K	$3K	10x	as long as short
Lighter SUI	+0.0096%	1h	1.0218	+0.022%	$774K	$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	1.0222	+0.062%	$303K	$2.2M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0218	+0.020%	$47K	$519K	50x	as long as short
Orderly PERP_SUI_USDClong	+0.0100%	8h	1.0216	long leg	$47K	$190K	20x
Paradex SUI-USD-PERP	+0.0100%	8h	1.0218	+0.023%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0215	−0.005%	$578K	$2.1M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0218	+0.024%	$878K	$4.3M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0220	+0.036%	$221K	$254K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0221	+0.053%	$145.8M	$1.04B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0217	+0.010%	$100.7M	$309.7M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0218	+0.020%	$40.3M	$385.2M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0220	+0.039%	$43K	$330K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0226	+0.097%	$240K	$2K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0216	0.000%	$167.7M	$82.7M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0219	+0.029%	$151.9M	$290.7M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0218	+0.020%	$50.2M	$53.9M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0213	−0.029%	$66.6M	$175.6M	75x	as long as short
BingX SUI-USDT	+0.0100%	8h	1.0217	+0.010%	—	$82.4M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0217	+0.010%	$633K	$1.3M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0216	−0.003%	$2.4M	$3.4M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0226	+0.099%	$164K	$4.5M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0241	+0.243%	$442K	$7.5M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0230	+0.137%	$223K	$434K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0224	+0.078%	$137K	$732K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0230	+0.137%	$2K	$1.7M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0217	+0.010%	$14K	$2.0M	10x	as long as short
HTX SUI-USDTshort	+0.0100%	8h	1.0218	+0.020%	$595K	$19.4M	75x
Phemex SUIUSDT	+0.0100%	8h	1.0220	+0.039%	$11.7M	$27.4M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0213	−0.032%	$1.4M	$4.1M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0214	−0.021%	$39K	$11K	3x	as long as short
Kraken Futures PF_SUIUSD	+0.0172%	1h	1.0218	+0.020%	$6.7M	$24.7M	50x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0212	−0.039%	$7.6M	$24.5M	100x	as long as short
Coinbase International SUI-PERP-INTX	+0.0248%	1h	1.0237	+0.206%	$974K	$15.0M	50x	as long as short
Hyperliquid SUI	+0.0340%	1h	1.0227	+0.108%	$73.4M	$80.6M	10x	as long as short
Phoenix SUI	+0.0416%	1h	1.0246	+0.297%	$203K	$422K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0600% / S −0.0260%	1h	1.0214	−0.023%	$934K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1387%	1h	1.0226	+0.099%	$82K	$407K	10x	as long as short