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+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: Bulk against Lighter−0.789%53s7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$230.231% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.004%$0 on $10k
Price spread, last 4 days (all we have)+0.614%+$61 · spread now −0.789%, 7d avg +0.029%
Together, before fees+0.618%+ Points / potential airdropLighter: Season 3 · farm board+$62 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: Bulk is 0.818% cheaper against Lighter than usual: you would sell low and buy high, −$82 on $10k if it goes back to its 7-day average of +0.029%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SUI1.07170.0096pay 0.0012% / 1h14m 52s$837K$5.9M10x
ShortBulk SUI-USD1.06320.0100get 0.0013% / 1h14m 52s$250K$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk 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: −0.789% → +0.029%
−$81.8
Slippage, 4 orders
−$16.07
Fee Lighter: 0 bp × 2 orders
$0
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$104.03
Costs to cover
0.231%
Break-even
873.9 days
Slippage from Lighter: live order book, 3 min ago; Bulk: live order book, 59 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, 3 min ago4.50 bp8.8 bp −$916.3 bp −$163107.7 bp −$10.8Kdoesn't fit
Sell Bulk live order book, 59 min ago0.97 bp4.5 bp −$46.9 bp −$6916.4 bp −$1,64132.0 bp −$16.0K

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%1h1.0391−3.038%$43K$123K12xas long as short
Hibachi SUI/USDT-P−0.0488%1h1.0706−0.097%$6K$18K7xas long as short
Bluefin SUI-PERP−0.0476%1h1.0688−0.267%$613K$412K25xas long as short
Reya SUIRUSDPERP−0.0371%1h1.0702−0.132%$4K$3K20xas long as short
Phemex SUIUSDT−0.0077%8h1.0705−0.108%$12.0M$25.2M50xas long as short
dYdX SUI-USD0.0000%1h1.0728+0.108%$98K$170K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0736+0.177%$570K$4.9M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0706−0.099%$208K$581K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0701−0.148%$116K150xas long as short
Kraken Futures PF_SUIUSD+0.0037%1h1.0707−0.087%$7.4M$24.1M50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SUIUSD+0.0056%1h1.0699−0.164%$9K$9K10xas long as short
Lighter SUIlong+0.0096%1h1.0717long leg$837K$5.9M10x
Lighter RH SUI+0.0096%1h1.0720+0.031%$279K$2.1M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0706−0.099%$32K$476K50xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0701−0.146%$50K$309K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0733+0.153%$28K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0708−0.083%$703K$1.5M10xas long as short
Aster SUIUSDT+0.0100%8h1.0707−0.090%$1.0M$4.8M75xas long as short
Pacifica SUI+0.0100%1h1.0726+0.092%$234K$251K10xas long as short
Binance SUIUSDT+0.0100%8h1.0716−0.008%$158.7M$1.03B75xas long as short
Bybit SUIUSDT+0.0100%8h1.07170.000%$106.7M$306.5M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0712−0.043%$42.7M$397.4M50xas long as short
Arcus SUI-USD+0.0100%1h1.0700−0.155%$47K$387K10xas long as short
Bulk SUI-USDshort+0.0100%1h1.0632−0.789%$250K$3K10x
Gate SUI_USDT+0.0100%8h1.0716−0.006%$175.4M$82.4M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0716−0.006%$158.0M$300.1M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0709−0.071%$52.2M$53.1M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0713−0.034%$69.8M$168.5M75xas long as short
BingX SUI-USDC+0.0100%8h1.0715−0.015%$6.5Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0699−0.164%$679K$1.1M20xas long as short
Variational Omni SUI+0.0100%8h1.0698−0.175%$2.5M$2.9Mas long as short
edgeX SUIUSDC+0.0100%4h1.0653−0.598%$173K$4.6M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0668−0.454%$465K$7.1M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0665−0.481%$237K$493K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0715−0.015%$123K$748K10xas long as short
SunX SUI-USDT+0.0100%8h1.0717+0.004%$2K$1.9M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0698−0.174%$6K$2.2M10xas long as short
HTX SUI-USDT+0.0100%8h1.0706−0.099%$668K$19.0M75xas long as short
Extended SUI-USD+0.0104%1h1.0714−0.028%$1.5M$4.0M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0703−0.123%$41K$16K3xas long as short
Coinbase International SUI-PERP-INTX+0.0200%1h1.0705−0.108%$1.0M$14.8M50xas long as short
BloFin SUI-USDT+0.0220%8h1.0701−0.146%$8.2M$25.6M100xas long as short
Phoenix SUI+0.0299%1h1.0658−0.543%$211K$590K10xas long as short
Hyperliquid SUI+0.0425%1h1.0735+0.172%$77.8M$79.3M10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0636% / S −0.0330%1h1.0699−0.165%$941K100xas long as short
Aftermath Perps SUIUSD+0.0935%1h1.0673−0.411%$79K$378K10xas long as short