Funding arb · Price arb /

SUI

all SUI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Aster against Lighter RH+0.005%7-day average +0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$16as in the Funding arb table

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$230.235% of the position

Long on Lighter RH Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.070%+$7 on $10k

Price spread, last 4 days (all we have)+0.057%+$6 · spread now +0.005%, 7d avg +0.012%

Together, before fees+0.127%+ Points / potential airdropLighter RH: Points live · Aster: Stage 5 · farm board+$13 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH SUI	1.0134	0.0096	pay 0.0012% / 1h	30m 18s	$250K	$2.0M	10x
Short	Aster SUIUSDT	1.0135	0.0100	get 0.0100% / 8h	2h 30m	$978K	$4.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Lighter RH. 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 Lighter RHbpFee AsterbpOrdersPrice spread, now +0.005%Rate

Funding earned: $0.84
Price spread: +0.005% → +0.012%: −$0.72
Slippage, 4 orders: −$15.5
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: −$23.38
Costs to cover: 0.235%
Break-even: 201.9 days

Slippage from Lighter RH: live order book, 3 min ago; Aster: live order book, 3 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 Lighter RH live order book, 3 min ago	3.74 bp	4.0 bp −$4	10.4 bp −$104	doesn't fit	doesn't fit
Sell Aster live order book, 3 min ago	1.48 bp	7.8 bp −$8	27.8 bp −$278	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	−0.2398%	1h	1.0035	−0.979%	$41K	$81K	12x	as long as short
Hibachi SUI/USDT-P	−0.0496%	1h	1.0142	+0.080%	$6K	$18K	7x	as long as short
Reya SUIRUSDPERP	−0.0366%	1h	1.0130	−0.044%	$4K	$3K	20x	as long as short
Bluefin SUI-PERP	−0.0134%	1h	1.0114	−0.199%	$579K	$406K	25x	as long as short
Kraken Futures PF_SUIUSD	−0.0022%	1h	1.0131	−0.028%	$6.8M	$23.7M	50x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0128	−0.065%	$92K	$66K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0140	+0.061%	$454K	$5.5M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0130	−0.041%	$185K	$546K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0002%	1h	1.0131	−0.033%	$117K	—	150x	as long as short
Lighter SUI	+0.0096%	1h	1.0128	−0.062%	$767K	$5.9M	10x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SUIlong	+0.0096%	1h	1.0134	long leg	$250K	$2.0M	10x
Popdex SUIUSDT	+0.0096%	1h	1.0130	−0.041%	$35K	$503K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0098%	8h	1.0128	−0.061%	$44K	$379K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0126	−0.078%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0130	−0.037%	$590K	$1.3M	10x	as long as short
Hyperliquid SUI	+0.0100%	1h	1.0140	+0.054%	$72.2M	$81.9M	10x	as long as short
Aster SUIUSDTshort	+0.0100%	8h	1.0135	+0.005%	$978K	$4.5M	75x
Pacifica SUI	+0.0100%	1h	1.0129	−0.053%	$219K	$262K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0131	−0.032%	$150.0M	$1.03B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0131	−0.032%	$101.6M	$306.9M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0127	−0.071%	$40.7M	$379.7M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0130	−0.041%	$146K	$297K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0155	+0.210%	$239K	$2K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0129	−0.051%	$162.9M	$81.1M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0130	−0.041%	$147.3M	$297.8M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0129	−0.051%	$53.0M	$51.2M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0123	−0.111%	$66.6M	$169.2M	75x	as long as short
BingX SUI-USDT	+0.0100%	8h	1.0131	−0.032%	—	$81.6M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0140	+0.057%	$639K	$1.2M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0147	+0.127%	$2.2M	$2.8M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0149	+0.150%	$163K	$4.5M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0166	+0.314%	$446K	$7.1M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0143	+0.087%	$230K	$444K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0137	+0.028%	$105K	$796K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0141	+0.067%	$2K	$1.9M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0128	−0.061%	$6K	$2.4M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0127	−0.071%	$622K	$18.8M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0132	−0.022%	$11.3M	$24.4M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0126	−0.078%	$1.4M	$3.7M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0129	−0.056%	$48K	$37K	3x	as long as short
01 Exchange SUIUSD	+0.0112%	1h	1.0132	−0.022%	$9K	$9K	10x	as long as short
Coinbase International SUI-PERP-INTX	+0.0216%	1h	1.0129	−0.051%	$969K	$13.6M	50x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0143	+0.087%	$7.9M	$23.6M	100x	as long as short
Phoenix SUI	+0.0290%	1h	1.0173	+0.387%	$184K	$578K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0628% / S −0.0300%	1h	1.0129	−0.051%	$868K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.0717%	1h	1.0148	+0.135%	$92K	$378K	10x	as long as short