Funding arb · Price arb /

SUI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0167%/8h= +18.3% APRpaid last 24h +0.041%

Price spread now: GMX against Paradex+0.001%7-day average — · you sell dearer than you buy

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

Long on Paradex Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex SUI-USD-PERP	1.0354	0.0100	pay 0.0100% / 8h	4h 38m	$27K	$9K	30x
Short	GMX SUI/USD [ETH-USDC]	1.0355	L +0.0614% / S −0.0267%	get 0.0033% / 1h	38m 51s	$957K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now +0.001%Rate

Funding earned: $35.14
Price spread: +0.001% → 0.000%: $0.14
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee GMX: 6 bp × 2 orders: −$12
Net: $19.28
Costs to cover: 0.160%
Break-even: 3.2 days

Slippage unknown: Paradex: no order-book sample; GMX: no order-book sample. 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 GMX no order-book sample	—	—	—	—	—

Paradex and GMX: 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	−0.3244%	1h	1.0320	−0.332%	$42K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0375%	1h	1.0355	+0.009%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0296%	1h	1.0402	+0.461%	$6K	$19K	7x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0358	+0.036%	$130K	$227K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0366	+0.109%	$504K	$5.0M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0343	−0.110%	$201K	$574K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0353	−0.010%	$116K	—	150x	as long as short
Lighter SUI	+0.0096%	1h	1.0344	−0.099%	$822K	$5.5M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0346	−0.083%	$299K	$2.2M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0353	−0.014%	$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-PERPlong	+0.0100%	8h	1.0354	long leg	$27K	$9K	30x
Nado SUI-PERP	+0.0100%	1h	1.0351	−0.033%	$682K	$1.9M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0350	−0.043%	$906K	$4.6M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0363	+0.083%	$224K	$260K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0357	+0.028%	$151.1M	$1.04B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0357	+0.026%	$102.5M	$310.9M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0353	−0.014%	$41.1M	$387.9M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0350	−0.043%	$44K	$373K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0390	+0.344%	$244K	$6K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0349	−0.052%	$165.9M	$83.2M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0348	−0.062%	$154.2M	$294.8M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0363	+0.083%	$49.8M	$54.2M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0352	−0.023%	$67.6M	$171.6M	75x	as long as short
BingX SUI-USDT	+0.0100%	8h	1.0356	+0.015%	—	$82.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0343	−0.110%	$660K	$1.4M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0381	+0.253%	$2.5M	$3.4M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0418	+0.610%	$170K	$4.5M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0419	+0.625%	$451K	$7.7M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0384	+0.286%	$232K	$486K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0367	+0.122%	$123K	$756K	10x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0342	−0.120%	$47K	$190K	20x	as long as short
Bluefin SUI-PERP	+0.0100%	1h	1.0334	−0.197%	$592K	$401K	25x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0385	+0.295%	$2K	$1.8M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0344	−0.101%	$14K	$2.1M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0344	−0.101%	$568K	$19.7M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0345	−0.091%	$11.9M	$26.6M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0348	−0.063%	$1.4M	$4.1M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0350	−0.043%	$39K	$11K	3x	as long as short
01 Exchange SUIUSD	+0.0120%	1h	1.0355	+0.006%	$9K	$3K	10x	as long as short
Kraken Futures PF_SUIUSD	+0.0163%	1h	1.0345	−0.094%	$6.8M	$27.0M	50x	as long as short
Coinbase International SUI-PERP-INTX	+0.0216%	1h	1.0356	+0.015%	$991K	$14.9M	50x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0348	−0.062%	$7.9M	$24.9M	100x	as long as short
Phoenix SUI	+0.0390%	1h	1.0414	+0.576%	$211K	$421K	10x	as long as short
Hyperliquid SUI	+0.0410%	1h	1.0358	+0.035%	$75.2M	$81.5M	10x	as long as short
GMX SUI/USD [ETH-USDC]short	L +0.0614% / S −0.0267%	1h	1.0355	+0.001%	$957K	—	100x
Aftermath Perps SUIUSD	+0.1543%	1h	1.0402	+0.458%	$83K	$396K	10x	as long as short