Funding arb · Price arb /

SUI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.1034%/8h= +113.2% APRpaid last 24h +0.274%

Price spread now: Aftermath Perps against Paradex−0.036%7-day average — · you buy dearer than you sell

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

Long on Paradex Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding pays, the price is against you. Aftermath Perps is 0.036% cheaper against Paradex than usual: you would sell low and buy high (spread −0.036% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 3 hours of funding at the current rate (+$31 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex SUI-USD-PERP	1.0134	0.0100	pay 0.0100% / 8h	7h 24m	$27K	$7K	30x
Short	Aftermath Perps SUIUSD	1.0130	0.1134	get 0.0142% / 1h	24m 03s	$80K	$412K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Paradex. 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 ParadexbpFee Aftermath PerpsbpOrdersPrice spread, now −0.036%Rate

Funding earned: $217.14
Price spread: −0.036% → 0.000%: −$3.64
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: $200.51
Costs to cover: 0.130%
Break-even: 0.5 days

Slippage unknown: Paradex: no order-book sample; Aftermath Perps: live order book, 15 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 Paradex no order-book sample	—	—	—	—	—
Sell Aftermath Perps live order book, 15 min ago	1.08 bp	20.2 bp −$20	24.3 bp −$243	doesn't fit	doesn't fit

Paradex: 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	−0.3240%	1h	1.0007	−1.252%	$41K	$113K	12x	as long as short
Reya SUIRUSDPERP	−0.0383%	1h	1.0161	+0.272%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0176%	1h	1.0131	−0.027%	$5K	$17K	7x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0134	+0.003%	$95K	$245K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0141	+0.074%	$377K	$4.2M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0167	+0.327%	$195K	$531K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0131	−0.026%	$114K	—	150x	as long as short
01 Exchange SUIUSD	+0.0080%	1h	1.0150	+0.159%	$8K	$3K	10x	as long as short
Bluefin SUI-PERP	+0.0095%	1h	1.0150	+0.159%	$582K	$441K	25x	as long as short
Lighter SUI	+0.0096%	1h	1.0167	+0.326%	$749K	$4.8M	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	1.0168	+0.335%	$309K	$2.2M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0151	+0.169%	$46K	$531K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0165	+0.307%	$47K	$502K	20x	as long as short
Paradex SUI-USD-PERPlong	+0.0100%	8h	1.0134	long leg	$27K	$7K	30x
Nado SUI-PERP	+0.0100%	1h	1.0152	+0.179%	$671K	$2.1M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0171	+0.365%	$903K	$4.2M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0138	+0.037%	$216K	$250K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0176	+0.412%	$145.1M	$971.9M	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0163	+0.287%	$98.0M	$301.5M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0164	+0.297%	$41.1M	$357.8M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0150	+0.159%	$43K	$317K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0089	−0.442%	$231K	$7K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0165	+0.307%	$167.1M	$79.6M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0165	+0.307%	$97.4M	$288.9M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0168	+0.337%	$51.4M	$50.2M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0161	+0.268%	$67.1M	$164.6M	75x	as long as short
BingX SUI-USDT	+0.0100%	8h	1.0164	+0.297%	—	$87.7M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0169	+0.347%	$666K	$1.3M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0103	−0.309%	$2.4M	$3.3M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0121	−0.126%	$163K	$4.2M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0133	−0.010%	$437K	$7.1M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0122	−0.117%	$204K	$356K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0153	+0.189%	$122K	$513K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0161	+0.268%	$2K	$1.5M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0165	+0.307%	$6K	$1.6M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0160	+0.258%	$635K	$17.7M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0155	+0.208%	$11.7M	$28.3M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0162	+0.275%	$1.4M	$4.0M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0167	+0.329%	$39K	$11K	3x	as long as short
Hyperliquid SUI	+0.0143%	1h	1.0175	+0.406%	$73.4M	$75.9M	10x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0130	−0.038%	$7.5M	$24.2M	100x	as long as short
Kraken Futures PF_SUIUSD	+0.0283%	1h	1.0167	+0.324%	$6.8M	$21.4M	50x	as long as short
Coinbase International SUI-PERP-INTX	+0.0360%	1h	1.0157	+0.228%	$1.0M	$13.8M	50x	as long as short
Phoenix SUI	+0.0426%	1h	1.0128	−0.061%	$201K	$395K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0601% / S −0.0263%	1h	1.0159	+0.245%	$933K	—	100x	as long as short
Aftermath Perps SUIUSDshort	+0.1134%	1h	1.0130	−0.036%	$80K	$412K	10x