Funding arb · Price arb /

SUI

all SUI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.007%

Price spread now: Lighter RH against Bitget+0.002%7-day average +0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$270.270% of the position

Long on Bitget Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days+0.008%+$1 on $10k

Price spread, last 7 days−0.079%−$8 · spread now +0.002%, 7d avg +0.016%

Together, before fees−0.071%+ Points / potential airdropLighter RH: Points live · farm board−$7 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget SUIUSDT	1.0133	0.0100	pay 0.0100% / 8h	2h 19m	$66.7M	$177.9M	75x
Short	Lighter RH SUI	1.0133	0.0096	get 0.0012% / 1h	19m 19s	$299K	$2.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH 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 Lighter RHbpOrdersPrice spread, now +0.002%Rate

Funding earned: −$0.84
Price spread: +0.002% → +0.016%: −$1.41
Slippage, 4 orders: −$14.96
Fee Bitget: 6 bp × 2 orders: −$12
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$29.21
Costs to cover: 0.270%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; Lighter RH: live order book, 4 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, 5 min ago	0.50 bp	11.1 bp −$11	19.5 bp −$195	44.4 bp −$4,442	doesn't fit
Sell Lighter RH live order book, 4 min ago	1.79 bp	2.7 bp −$3	14.3 bp −$143	doesn't fit	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	−0.3309%	1h	0.9907	−2.230%	$41K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0378%	1h	1.0141	+0.079%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0160%	1h	1.0118	−0.149%	$5K	$19K	7x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0125	−0.077%	$95K	$294K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0116	−0.163%	$371K	$5.1M	2.5x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0139	+0.059%	$114K	—	150x	as long as short
Bluefin SUI-PERP	+0.0039%	1h	1.0125	−0.079%	$581K	$430K	25x	as long as short
Lighter SUI	+0.0096%	1h	1.0129	−0.039%	$779K	$5.5M	10x	as long as short
Lighter RH SUIshort	+0.0096%	1h	1.0133	+0.002%	$299K	$2.2M	10x
Popdex SUIUSDT	+0.0096%	1h	1.0136	+0.030%	$31K	$545K	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0137	+0.039%	$47K	$211K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0129	−0.042%	$26K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0135	+0.025%	$547K	$2.1M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0141	+0.083%	$887K	$4.3M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0130	−0.033%	$219K	$258K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0141	+0.079%	$145.7M	$1.05B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0136	+0.034%	$99.3M	$319.3M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0140	+0.069%	$41.2M	$388.8M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0140	+0.069%	$43K	$329K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0045	−0.869%	$236K	$3K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0140	+0.069%	$166.1M	$85.0M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0143	+0.099%	$150.0M	$294.4M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0136	+0.030%	$49.4M	$53.5M	75x	as long as short
Bitget SUIUSDTlong	+0.0100%	8h	1.0133	long leg	$66.7M	$177.9M	75x
BingX SUI-USDT	+0.0100%	8h	1.0139	+0.059%	—	$84.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0125	−0.079%	$647K	$1.4M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0075	−0.575%	$2.4M	$3.4M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0084	−0.487%	$162K	$4.6M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0038	−0.938%	$434K	$7.5M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0026	−1.056%	$221K	$436K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0147	+0.138%	$133K	$724K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0154	+0.207%	$3K	$1.7M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0136	+0.030%	$6K	$1.9M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0122	−0.109%	$617K	$19.4M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0125	−0.079%	$11.6M	$27.8M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0130	−0.027%	$1.4M	$4.1M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0168	+0.344%	$39K	$11K	3x	as long as short
01 Exchange SUIUSD	+0.0120%	1h	1.0142	+0.089%	$9K	$3K	10x	as long as short
Deribit SUI_USDC-PERPETUAL	+0.0145%	1h	1.0138	+0.049%	$197K	$562K	25x	as long as short
Kraken Futures PF_SUIUSD	+0.0173%	1h	1.0138	+0.046%	$6.8M	$24.9M	50x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0075	−0.572%	$7.5M	$24.4M	100x	as long as short
Coinbase International SUI-PERP-INTX	+0.0248%	1h	1.0139	+0.059%	$966K	$14.9M	50x	as long as short
Hyperliquid SUI	+0.0382%	1h	1.0155	+0.217%	$72.8M	$83.3M	10x	as long as short
Phoenix SUI	+0.0416%	1h	1.0038	−0.935%	$199K	$422K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0600% / S −0.0263%	1h	1.0138	+0.046%	$932K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1452%	1h	1.0086	−0.462%	$81K	$410K	10x	as long as short