Funding arb · Price arb /

SUI

all SUI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.007%

Price spread now: Lighter against Bitget+0.039%7-day average +0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$260.259% of the position

Long on Bitget Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.058%+$6 on $10k

Price spread, last 7 days+0.025%+$3 · spread now +0.039%, 7d avg +0.042%

Together, before fees+0.083%+ Points / potential airdropLighter: Season 3 · farm board+$8 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget SUIUSDT	1.0136	0.0100	pay 0.0100% / 8h	2h 45m	$66.7M	$169.4M	75x
Short	Lighter SUI	1.0140	0.0096	get 0.0012% / 1h	45m 05s	$763K	$5.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Bitget. 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 BitgetbpFee LighterbpOrdersPrice spread, now +0.039%Rate

Funding earned: −$0.84
Price spread: +0.039% → +0.042%: −$0.23
Slippage, 4 orders: −$13.95
Fee Bitget: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: −$27.02
Costs to cover: 0.259%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; Lighter: live order book, 3 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 Bitget live order book, 4 min ago	0.49 bp	10.1 bp −$10	14.5 bp −$145	54.7 bp −$5,468	doesn't fit
Sell Lighter live order book, 3 min ago	2.71 bp	3.2 bp −$3	13.8 bp −$138	157.1 bp −$15.7K	doesn't fit

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	−0.2398%	1h	1.0041	−0.937%	$41K	$81K	12x	as long as short
Hibachi SUI/USDT-P	−0.0512%	1h	1.0141	+0.046%	$6K	$19K	7x	as long as short
Reya SUIRUSDPERP	−0.0366%	1h	1.0137	+0.014%	$4K	$3K	20x	as long as short
Bluefin SUI-PERP	−0.0130%	1h	1.0129	−0.069%	$579K	$411K	25x	as long as short
Kraken Futures PF_SUIUSD	−0.0022%	1h	1.0145	+0.086%	$6.8M	$23.8M	50x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0143	+0.069%	$92K	$66K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0135	−0.011%	$454K	$5.5M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0147	+0.109%	$185K	$547K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0002%	1h	1.0142	+0.060%	$117K	—	150x	as long as short
Lighter SUIshort	+0.0096%	1h	1.0140	+0.039%	$763K	$5.8M	10x

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SUI	+0.0096%	1h	1.0145	+0.090%	$245K	$2.0M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0143	+0.069%	$35K	$504K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0097%	8h	1.0142	+0.059%	$44K	$380K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0141	+0.049%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0140	+0.037%	$591K	$1.4M	10x	as long as short
Hyperliquid SUI	+0.0100%	1h	1.0148	+0.118%	$72.4M	$81.8M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0139	+0.034%	$980K	$4.5M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0142	+0.057%	$219K	$262K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0142	+0.062%	$150.1M	$1.03B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0142	+0.059%	$101.8M	$307.6M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0141	+0.049%	$40.7M	$380.8M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0150	+0.138%	$146K	$297K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0128	−0.080%	$238K	$2K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0139	+0.030%	$163.2M	$81.0M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0143	+0.069%	$147.4M	$296.6M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0142	+0.059%	$53.0M	$51.4M	75x	as long as short
Bitget SUIUSDTlong	+0.0100%	8h	1.0136	long leg	$66.7M	$169.4M	75x
BingX SUI-USDC	+0.0100%	8h	1.0141	+0.049%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0141	+0.049%	$637K	$1.2M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0141	+0.045%	$2.2M	$2.8M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0140	+0.043%	$163K	$4.5M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0140	+0.038%	$440K	$7.2M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0141	+0.049%	$230K	$444K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0146	+0.099%	$105K	$796K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0153	+0.168%	$2K	$1.9M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0142	+0.059%	$6K	$2.4M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0142	+0.059%	$630K	$18.9M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0141	+0.049%	$11.3M	$24.3M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0142	+0.055%	$1.4M	$3.7M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0146	+0.102%	$48K	$38K	3x	as long as short
01 Exchange SUIUSD	+0.0200%	1h	1.0146	+0.099%	$9K	$9K	10x	as long as short
Coinbase International SUI-PERP-INTX	+0.0216%	1h	1.0152	+0.158%	$970K	$13.7M	50x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0141	+0.049%	$8.0M	$23.7M	100x	as long as short
Phoenix SUI	+0.0290%	1h	1.0162	+0.257%	$183K	$578K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0629% / S −0.0300%	1h	1.0141	+0.046%	$869K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.0747%	1h	1.0149	+0.132%	$92K	$379K	10x	as long as short