Funding arb · Price arb /

SUI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0092%/8h= −10.1% APRpaid last 24h −0.003%

Price spread now: Paradex against 01 Exchange+0.074%7-day average — · you sell dearer than you buy

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

Long on 01 Exchange Short on Paradex

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

The price spread pays, funding is against you. Paradex is 0.074% dearer against 01 Exchange than usual: you sell high and buy low (spread +0.074% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange SUIUSD	1.0170	0.0192	pay 0.0024% / 1h	23m 12s	$9K	$2K	10x
Short	Paradex SUI-USD-PERP	1.0178	0.0100	get 0.0100% / 8h	1h 23m	$27K	$8K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against 01 Exchange. 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 01 ExchangebpFee ParadexbpOrdersPrice spread, now +0.074%Rate

Funding earned: −$19.32
Price spread: +0.074% → 0.000%: $7.39
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$22.93
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; Paradex: 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Paradex no order-book sample	—	—	—	—	—

01 Exchange and 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	−0.3536%	1h	1.0080	−0.885%	$41K	$113K	12x	as long as short
Reya SUIRUSDPERP	−0.0380%	1h	1.0166	−0.039%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0240%	1h	1.0182	+0.117%	$5K	$21K	7x	as long as short
Bluefin SUI-PERP	−0.0086%	1h	1.0162	−0.079%	$583K	$424K	25x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0178	+0.079%	$95K	$258K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0183	+0.129%	$373K	$4.9M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0178	+0.079%	$196K	$563K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0176	+0.055%	$115K	—	150x	as long as short
Lighter SUI	+0.0096%	1h	1.0178	+0.080%	$787K	$5.3M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0178	+0.080%	$298K	$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	1.0167	−0.029%	$37K	$521K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0176	+0.059%	$47K	$217K	20x	as long as short
Paradex SUI-USD-PERPshort	+0.0100%	8h	1.0178	+0.074%	$27K	$8K	30x
Nado SUI-PERP	+0.0100%	1h	1.0164	−0.059%	$536K	$2.1M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0178	+0.083%	$899K	$4.3M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0181	+0.107%	$218K	$260K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0175	+0.045%	$145.6M	$1.01B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0170	0.000%	$98.5M	$314.9M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0173	+0.029%	$41.2M	$376.6M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0170	0.000%	$43K	$328K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0119	−0.500%	$238K	$2K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0168	−0.020%	$167.2M	$83.5M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0173	+0.029%	$152.5M	$292.3M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0179	+0.088%	$50.0M	$52.8M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0170	0.000%	$67.0M	$172.2M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0175	+0.049%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0176	+0.059%	$669K	$1.3M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0199	+0.282%	$2.4M	$3.5M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0162	−0.079%	$163K	$4.5M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0172	+0.019%	$440K	$7.2M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0168	−0.020%	$223K	$379K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0174	+0.039%	$127K	$673K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0182	+0.118%	$2K	$1.6M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0178	+0.079%	$5K	$1.8M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0172	+0.020%	$627K	$18.5M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0182	+0.118%	$11.8M	$28.2M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0173	+0.034%	$1.4M	$4.0M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0182	+0.117%	$39K	$11K	3x	as long as short
01 Exchange SUIUSDlong	+0.0192%	1h	1.0170	long leg	$9K	$2K	10x
BloFin SUI-USDT	+0.0220%	8h	1.0173	+0.029%	$7.5M	$24.5M	100x	as long as short
Coinbase International SUI-PERP-INTX	+0.0280%	1h	1.0198	+0.275%	$1.0M	$14.7M	50x	as long as short
Kraken Futures PF_SUIUSD	+0.0365%	1h	1.0178	+0.080%	$6.8M	$22.3M	50x	as long as short
Phoenix SUI	+0.0431%	1h	1.0208	+0.375%	$202K	$413K	10x	as long as short
Hyperliquid SUI	+0.0438%	1h	1.0185	+0.147%	$73.2M	$81.3M	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0601% / S −0.0263%	1h	1.0175	+0.050%	$935K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1367%	1h	1.0175	+0.044%	$82K	$410K	10x	as long as short