Settings8H · net · $10k
Funding arb · Price arb /

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.005%
Price spread now: Lighter RH against Deribit−0.158%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$260.255% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.048%−$5 on $10k
Price spread, last 3 days (all we have)+0.114%+$11 · spread now −0.158%, 7d avg −0.006%
Together, before fees+0.067%+ Points / potential airdropLighter RH: Points live · farm board+$7 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 0.153% cheaper against Deribit than usual: you would sell low and buy high (spread −0.158% now, against its 7-day average of −0.006%). If the spread goes back, that is −$15 on $10k: about 5.3 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit SUI_USDC-PERPETUAL1.04810get 0.0000% / 1h37m 18s$204K$583K25x
ShortLighter RH SUI1.04640.0096get 0.0012% / 1h37m 18s$268K$2.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Deribit. 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

Funding earned
$20.16
Price spread: −0.158% → −0.006%
−$15.27
Slippage, 4 orders
−$18.52
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$20.63
Costs to cover
0.255%
Break-even
14.2 days
Slippage from Deribit: live order book, 37 min ago; Lighter RH: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Deribit live order book, 37 min ago4.83 bp8.3 bp −$814.6 bp −$146doesn't fitdoesn't fit
Sell Lighter RH live order book, 1 min ago3.34 bp3.8 bp −$414.5 bp −$145doesn't fitdoesn't fit

SUI on 46 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective SUI/USDC PERP−0.3416%1h1.0330−1.441%$42K$123K12xas long as short
Hibachi SUI/USDT-P−0.0416%1h1.0463−0.175%$6K$19K7xas long as short
Reya SUIRUSDPERP−0.0371%1h1.0471−0.095%$4K$3K20xas long as short
Bluefin SUI-PERP−0.0238%1h1.0465−0.153%$600K$408K25xas long as short
dYdX SUI-USD0.0000%1h1.0457−0.226%$96K$169K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0462−0.177%$480K$5.0M2.5xas long as short
Deribit SUI_USDC-PERPETUALlong0.0000%1h1.0481long leg$204K$583K25x
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0002%1h1.0477−0.038%$121K150xas long as short
Kraken Futures PF_SUIUSD+0.0038%1h1.0482+0.012%$7.3M$24.0M50xas long as short
Phemex SUIUSDT+0.0048%8h1.0477−0.038%$11.7M$25.0M50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SUIUSD+0.0080%1h1.0472−0.086%$9K$9K10xas long as short
Lighter SUI+0.0096%1h1.0477−0.040%$811K$5.8M10xas long as short
Lighter RH SUIshort+0.0096%1h1.0464−0.158%$268K$2.0M10x
Popdex SUIUSDT+0.0096%1h1.0467−0.134%$33K$485K50xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0477−0.038%$47K$314K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0458−0.218%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0474−0.062%$659K$1.4M10xas long as short
Aster SUIUSDT+0.0100%8h1.0469−0.113%$994K$4.8M75xas long as short
Pacifica SUI+0.0100%1h1.0462−0.178%$227K$256K10xas long as short
Binance SUIUSDT+0.0100%8h1.0477−0.038%$155.6M$1.02B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0479−0.019%$105.0M$305.8M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0475−0.057%$41.8M$387.0M50xas long as short
Arcus SUI-USD+0.0100%1h1.0470−0.105%$46K$387K10xas long as short
Bulk SUI-USD+0.0100%1h1.0450−0.299%$246K$81310xas long as short
Gate SUI_USDT+0.0100%8h1.0472−0.086%$168.8M$80.5M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0477−0.038%$153.2M$292.6M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0475−0.057%$51.1M$52.9M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0473−0.076%$69.0M$166.0M75xas long as short
BingX SUI-USDT+0.0100%8h1.0474−0.067%$81.4Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0460−0.200%$680K$1.1M20xas long as short
Variational Omni SUI+0.0100%8h1.0445−0.345%$2.3M$2.9Mas long as short
edgeX SUIUSDC+0.0100%4h1.0449−0.308%$170K$4.5M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0444−0.353%$452K$7.3M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0443−0.363%$240K$479K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0487+0.057%$120K$757K10xas long as short
SunX SUI-USDT+0.0100%8h1.0487+0.057%$3K$1.9M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0477−0.038%$6K$2.3M10xas long as short
HTX SUI-USDT+0.0100%8h1.0473−0.076%$653K$18.6M75xas long as short
Extended SUI-USD+0.0104%1h1.0475−0.059%$1.5M$3.9M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0484+0.030%$40K$16K3xas long as short
Coinbase International SUI-PERP-INTX+0.0200%1h1.0458−0.219%$998K$14.3M50xas long as short
BloFin SUI-USDT+0.0220%8h1.0472−0.086%$8.1M$24.3M100xas long as short
Phoenix SUI+0.0299%1h1.0454−0.260%$207K$590K10xas long as short
Hyperliquid SUI+0.0371%1h1.0491+0.095%$76.3M$78.7M10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0638% / S −0.0324%1h1.0476−0.050%$911K100xas long as short
Aftermath Perps SUIUSD+0.0869%1h1.0445−0.339%$93K$368K10xas long as short