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−0.0548%/8h= −60.0% APRnext payment $0.68 per $10,000 · paid last 24h −0.129%
Price spread now: Lighter against GMX−0.098%7-day average −0.005% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.363%−$36 on $10k
Price spread, last 3 days (all we have)+0.176%+$18 · spread now −0.098%, 7d avg −0.005%
Together, before fees−0.186%+ Points / potential airdropLighter: Season 3 · farm board−$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Lighter is 0.093% cheaper against GMX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.005%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX SUI/USD [ETH-USDC]1.0794L +0.0644% / S −0.0332%pay 0.0080% / 1h9m 56s$955K100x
ShortLighter SUI1.07830.0096get 0.0012% / 1h9m 56s$841K$5.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against GMX. 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
−$115.07
Price spread: −0.098% → −0.005%
−$9.32
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$136.39
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Lighter: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Lighter live order book, 3 min ago3.96 bp8.8 bp −$918.1 bp −$181117.6 bp −$11.8Kdoesn't fit
GMX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective SUI/USDC PERP−0.3416%1h1.0537−2.381%$43K$123K12xas long as short
Hibachi SUI/USDT-P−0.0496%1h1.0707−0.809%$6K$18K7xas long as short
Bluefin SUI-PERP−0.0467%1h1.0774−0.185%$618K$413K25xas long as short
Reya SUIRUSDPERP−0.0371%1h1.0793−0.010%$4K$3K20xas long as short
Phemex SUIUSDT−0.0231%8h1.0778−0.148%$12.0M$25.2M50xas long as short
dYdX SUI-USD0.0000%1h1.0803+0.086%$98K$171K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0793−0.013%$585K$4.9M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0792−0.018%$210K$581K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0794−0.004%$116K150xas long as short
Kraken Futures PF_SUIUSD+0.0037%1h1.0785−0.081%$7.5M$24.1M50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SUIUSD+0.0048%1h1.0807+0.121%$9K$9K10xas long as short
Lighter SUIshort+0.0096%1h1.0783−0.098%$841K$5.9M10x
Lighter RH SUI+0.0096%1h1.0781−0.124%$288K$2.1M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0805+0.102%$34K$475K50xas long as short
Nado SUI-PERP+0.0096%1h1.0804+0.097%$710K$1.5M10xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0789−0.046%$51K$309K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0813+0.176%$28K$9K30xas long as short
Aster SUIUSDT+0.0100%8h1.0785−0.083%$1.1M$4.8M75xas long as short
Pacifica SUI+0.0100%1h1.0802+0.077%$236K$251K10xas long as short
Binance SUIUSDT+0.0100%8h1.0794+0.002%$159.4M$1.03B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0803+0.084%$107.8M$307.6M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.07940.000%$42.8M$401.9M50xas long as short
Arcus SUI-USD+0.0100%1h1.0800+0.056%$48K$381K10xas long as short
Bulk SUI-USD+0.0100%1h1.0632−1.501%$250K$3K10xas long as short
Gate SUI_USDT+0.0100%8h1.0778−0.148%$175.6M$83.4M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0790−0.037%$158.3M$302.1M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0790−0.037%$52.3M$53.2M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0784−0.092%$70.2M$169.1M75xas long as short
BingX SUI-USDT+0.0100%8h1.0793−0.009%$82.0Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0777−0.157%$687K$1.1M20xas long as short
Variational Omni SUI+0.0100%8h1.0714−0.743%$2.4M$3.0Mas long as short
edgeX SUIUSDC+0.0100%4h1.0704−0.829%$174K$4.6M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0713−0.753%$461K$7.3M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0712−0.759%$238K$490K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0812+0.167%$124K$750K10xas long as short
SunX SUI-USDT+0.0100%8h1.0803+0.084%$3K$1.8M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0779−0.139%$6K$2.2M10xas long as short
HTX SUI-USDT+0.0100%8h1.0805+0.102%$675K$19.1M75xas long as short
Extended SUI-USD+0.0104%1h1.0786−0.073%$1.5M$4.0M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0785−0.080%$41K$16K3xas long as short
Coinbase International SUI-PERP-INTX+0.0200%1h1.0784−0.092%$1.0M$15.0M50xas long as short
BloFin SUI-USDT+0.0220%8h1.0709−0.787%$8.2M$25.9M100xas long as short
Phoenix SUI+0.0299%1h1.0718−0.702%$212K$590K10xas long as short
Hyperliquid SUI+0.0441%1h1.0789−0.046%$78.0M$79.8M10xas long as short
GMX SUI/USD [ETH-USDC]longL +0.0644% / S −0.0332%1h1.0794long leg$955K100x
Aftermath Perps SUIUSD+0.0855%1h1.0719−0.697%$79K$379K10xas long as short