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% APRpaid last 24h −0.003%

Price spread now: Gate against SoDEX+0.039%7-day average −0.019% · 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−$39as in the Price arb table

costs, in and out, $10k−$450.453% of the position

Long on SoDEX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.017%−$2 on $10k

Price spread, last 4 days (all we have)−0.066%−$7 · spread now +0.039%, 7d avg −0.019%

Together, before fees−0.083%−$8 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: Gate is 0.059% dearer against SoDEX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.019%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX SUI-USD	1.0138	0.0100	pay 0.0013% / 1h	12m 19s	$5K	$1.7M	10x
Short	Gate SUI_USDT	1.0142	0.0100	get 0.0100% / 8h	12m 19s	$167.9M	$82.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against SoDEX. 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 SoDEXbpFee GatebpOrdersPrice spread, now +0.039%Rate

Funding earned: $0
Price spread: +0.039% → −0.019%: $5.86
Slippage, 4 orders: −$22.35
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$39.49
Costs to cover: 0.453%
Break-even: never at this rate

Slippage from SoDEX: live order book, 2 min ago; Gate: live order book, 2 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 SoDEX live order book, 2 min ago	0.49 bp	8.1 bp −$8	17.1 bp −$171	99.4 bp −$9,935	doesn't fit
Sell Gate live order book, 2 min ago	0.99 bp	14.2 bp −$14	26.1 bp −$261	52.9 bp −$5,293	99.2 bp −$49.6K

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	−0.2780%	1h	1.0055	−0.819%	$41K	$113K	12x	as long as short
Reya SUIRUSDPERP	−0.0382%	1h	1.0141	+0.032%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0288%	1h	1.0151	+0.130%	$5K	$19K	7x	as long as short
Bluefin SUI-PERP	−0.0114%	1h	1.0129	−0.089%	$581K	$453K	25x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0147	+0.088%	$95K	$257K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0155	+0.171%	$389K	$4.2M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0140	+0.020%	$195K	$554K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0140	+0.018%	$114K	—	150x	as long as short
Lighter SUI	+0.0096%	1h	1.0150	+0.120%	$753K	$5.1M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0151	+0.129%	$297K	$2.2M	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	1.0144	+0.059%	$44K	$528K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0141	+0.030%	$47K	$266K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0147	+0.089%	$27K	$8K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0144	+0.059%	$675K	$2.2M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0146	+0.078%	$900K	$4.2M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0150	+0.115%	$216K	$253K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0144	+0.055%	$145.9M	$990.2M	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0137	−0.007%	$97.5M	$309.3M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0137	−0.010%	$40.8M	$367.2M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0150	+0.118%	$43K	$324K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0147	+0.093%	$232K	$7K	10x	as long as short
Gate SUI_USDTshort	+0.0100%	8h	1.0142	+0.039%	$167.9M	$82.5M	50x
MEXC SUI_USDT	+0.0100%	8h	1.0144	+0.059%	$117.4M	$290.2M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0146	+0.079%	$50.9M	$52.1M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0133	−0.049%	$66.9M	$168.1M	75x	as long as short
BingX SUI-USDT	+0.0100%	8h	1.0142	+0.039%	—	$88.3M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0145	+0.069%	$668K	$1.3M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0144	+0.058%	$2.4M	$3.4M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0146	+0.075%	$163K	$4.3M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0147	+0.093%	$442K	$7.1M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0147	+0.089%	$205K	$370K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0152	+0.138%	$122K	$533K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0161	+0.227%	$3K	$1.6M	30x	as long as short
SoDEX SUI-USDlong	+0.0100%	1h	1.0138	long leg	$5K	$1.7M	10x
HTX SUI-USDT	+0.0100%	8h	1.0154	+0.158%	$633K	$18.4M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0142	+0.039%	$11.7M	$28.2M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0133	−0.054%	$1.4M	$4.1M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0141	+0.026%	$38K	$11K	3x	as long as short
Hyperliquid SUI	+0.0114%	1h	1.0155	+0.168%	$73.2M	$77.8M	10x	as long as short
Kraken Futures PF_SUIUSD	+0.0119%	1h	1.0141	+0.026%	$6.8M	$21.6M	50x	as long as short
01 Exchange SUIUSD	+0.0144%	1h	1.0149	+0.109%	$8K	$3K	10x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0156	+0.178%	$7.6M	$24.4M	100x	as long as short
Coinbase International SUI-PERP-INTX	+0.0328%	1h	1.0154	+0.158%	$1.0M	$14.3M	50x	as long as short
Phoenix SUI	+0.0393%	1h	1.0156	+0.180%	$202K	$400K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0601% / S −0.0263%	1h	1.0139	+0.008%	$933K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1257%	1h	1.0151	+0.127%	$82K	$409K	10x	as long as short