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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: ApeX Omni against Lighter−0.811%78s7-day average +0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$330.329% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.007%+$1 on $10k
Price spread, last 3 days (all we have)+0.814%+$81 · spread now −0.811%, 7d avg +0.055%
Together, before fees+0.822%+ Points / potential airdropLighter: Season 3 · farm board+$82 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.866% cheaper against Lighter than usual: you would sell low and buy high, −$87 on $10k if it goes back to its 7-day average of +0.055%. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SUI1.04820.0096pay 0.0012% / 1h55m 54s$806K$5.7M10x
ShortApeX Omni SUIUSDT1.03970.0100get 0.0013% / 1h55m 54s$237K$444K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Lighter. 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
$0.84
Price spread: −0.811% → +0.055%
−$86.6
Slippage, 4 orders
−$22.92
Fee Lighter: 0 bp × 2 orders
$0
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$118.68
Costs to cover
0.329%
Break-even
996.0 days
Slippage from Lighter: live order book, 12 min ago; ApeX Omni: live order book, 17 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 Lighter live order book, 12 min ago1.98 bp6.3 bp −$618.1 bp −$181doesn't fitdoesn't fit
Sell ApeX Omni live order book, 17 min ago4.83 bp11.2 bp −$1144.2 bp −$442doesn'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%1h1.0260−2.118%$42K$123K12xas long as short
Phemex SUIUSDT−0.1153%8h1.0474−0.076%$11.7M$25.0M50xas long as short
Reya SUIRUSDPERP−0.0370%1h1.0436−0.442%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0360%1h1.0412−0.673%$6K$19K7xas long as short
Bluefin SUI-PERP−0.0262%1h1.0468−0.134%$601K$406K25xas long as short
dYdX SUI-USD0.0000%1h1.0471−0.102%$96K$176K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0441−0.391%$466K$5.2M2.5xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0002%1h1.0472−0.093%$121K150xas long as short
Nado SUI-PERP+0.0028%1h1.0428−0.520%$657K$1.4M10xas long as short
01 Exchange SUIUSD+0.0032%1h1.0447−0.334%$9K$9K10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SUIUSD+0.0038%1h1.0489+0.065%$7.3M$24.4M50xas long as short
Lighter SUIlong+0.0096%1h1.0482long leg$806K$5.7M10x
Lighter RH SUI+0.0096%1h1.0491+0.088%$268K$2.0M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0438−0.420%$32K$503K50xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0478−0.038%$47K$327K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0463−0.182%$27K$9K30xas long as short
Aster SUIUSDT+0.0100%8h1.0485+0.028%$1.0M$4.8M75xas long as short
Pacifica SUI+0.0100%1h1.0471−0.104%$228K$259K10xas long as short
Binance SUIUSDT+0.0100%8h1.0475−0.067%$156.0M$1.04B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0479−0.026%$105.8M$308.8M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0472−0.095%$42.0M$393.5M50xas long as short
Arcus SUI-USD+0.0100%1h1.0450−0.305%$46K$387K10xas long as short
Bulk SUI-USD+0.0100%1h1.0387−0.908%$244K$2K10xas long as short
Gate SUI_USDT+0.0100%8h1.0475−0.067%$169.6M$79.7M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0475−0.067%$153.4M$289.3M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0478−0.038%$51.3M$53.0M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0477−0.048%$68.9M$168.4M75xas long as short
BingX SUI-USDT+0.0100%8h1.0475−0.067%$81.8Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0483+0.010%$682K$1.1M20xas long as short
Variational Omni SUI+0.0100%8h1.0476−0.056%$2.3M$2.9Mas long as short
edgeX SUIUSDC+0.0100%4h1.0420−0.593%$170K$4.5M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0450−0.301%$457K$7.2M10xas long as short
ApeX Omni SUIUSDTshort+0.0100%1h1.0397−0.811%$237K$444K50x
Polymarket Perps SUI-USD+0.0100%1h1.0446−0.343%$119K$758K10xas long as short
SunX SUI-USDT+0.0100%8h1.0473−0.086%$2K$1.9M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0480−0.019%$6K$2.3M10xas long as short
HTX SUI-USDT+0.0100%8h1.0479−0.029%$654K$18.6M75xas long as short
Extended SUI-USD+0.0104%1h1.0479−0.029%$1.5M$3.8M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0334−1.408%$39K$29K3xas long as short
Coinbase International SUI-PERP-INTX+0.0200%1h1.0494+0.114%$1.0M$14.2M50xas long as short
BloFin SUI-USDT+0.0220%8h1.0431−0.487%$8.0M$24.4M100xas long as short
Deribit SUI_USDC-PERPETUAL+0.0227%1h1.0487+0.048%$204K$586K25xas long as short
Phoenix SUI+0.0327%1h1.0412−0.666%$207K$587K10xas long as short
Hyperliquid SUI+0.0620%1h1.0490+0.076%$76.2M$81.2M10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0644% / S −0.0317%1h1.0461−0.202%$897K100xas long as short
Aftermath Perps SUIUSD+0.0932%1h1.0424−0.556%$94K$382K10xas long as short