Funding arb · Price arb /

SUI

all SUI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.012%

Price spread now: Binance against Lighter RH−0.034%7-day average −0.036% · you buy dearer than you sell

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$210.214% of the position

Long on Lighter RH Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.014%+$1 on $10k

Price spread, last 4 days (all we have)+0.096%+$10 · spread now −0.034%, 7d avg −0.036%

Together, before fees+0.110%+ Points / potential airdropLighter RH: Points live · farm board+$11 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	1.0250	0.0096	pay 0.0012% / 1h	30m 23s	$258K	$2.0M	10x
Short	Binance SUIUSDT	1.0246	0.0100	get 0.0100% / 8h	1h 30m	$151.1M	$1.03B	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now −0.034%Rate

Funding earned: $0.84
Price spread: −0.034% → −0.036%: $0.21
Slippage, 4 orders: −$11.38
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Binance: 5 bp × 2 orders: −$10
Net: −$20.32
Costs to cover: 0.214%
Break-even: 176.3 days

Slippage from Lighter RH: live order book, 2 min ago; Binance: live order book, 14 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, 2 min ago	1.90 bp	3.3 bp −$3	10.9 bp −$109	doesn't fit	doesn't fit
Sell Binance live order book, 14 min ago	0.49 bp	6.0 bp −$6	10.6 bp −$106	24.7 bp −$2,471	86.8 bp −$43.4K

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	−0.2926%	1h	1.0179	−0.688%	$42K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0368%	1h	1.0241	−0.085%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0144%	1h	1.0253	+0.038%	$6K	$19K	7x	as long as short
Bluefin SUI-PERP	−0.0138%	1h	1.0232	−0.171%	$586K	$406K	25x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0241	−0.085%	$93K	$66K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0262	+0.118%	$457K	$5.5M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0248	−0.015%	$190K	$562K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0002%	1h	1.0245	−0.044%	$119K	—	150x	as long as short
Lighter SUI	+0.0096%	1h	1.0244	−0.057%	$786K	$5.9M	10x	as long as short
Lighter RH SUIlong	+0.0096%	1h	1.0250	long leg	$258K	$2.0M	10x

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex SUIUSDT	+0.0096%	1h	1.0243	−0.063%	$37K	$503K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0098%	8h	1.0243	−0.063%	$45K	$371K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0245	−0.045%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0243	−0.068%	$591K	$1.4M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0247	−0.024%	$1.0M	$4.5M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0245	−0.041%	$223K	$262K	10x	as long as short
Binance SUIUSDTshort	+0.0100%	8h	1.0246	−0.034%	$151.1M	$1.03B	75x
Bybit SUIUSDT	+0.0100%	8h	1.0246	−0.034%	$102.5M	$307.3M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0246	−0.034%	$40.8M	$383.4M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0240	−0.093%	$46K	$387K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0242	−0.073%	$241K	$2K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0244	−0.054%	$164.7M	$80.8M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0245	−0.044%	$148.5M	$296.2M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0242	−0.073%	$51.5M	$52.2M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0241	−0.083%	$67.3M	$168.6M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0244	−0.054%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0242	−0.073%	$649K	$1.1M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0260	+0.105%	$2.3M	$2.8M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0268	+0.179%	$165K	$4.5M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0249	−0.007%	$444K	$7.0M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0277	+0.268%	$233K	$441K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0249	−0.005%	$106K	$791K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0272	+0.220%	$2K	$1.9M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0245	−0.044%	$8K	$2.4M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0240	−0.093%	$626K	$18.7M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0243	−0.063%	$11.4M	$24.7M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0242	−0.071%	$1.4M	$3.8M	50x	as long as short
01 Exchange SUIUSD	+0.0104%	1h	1.0248	−0.015%	$9K	$9K	10x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0246	−0.032%	$48K	$37K	3x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0248	−0.015%	$8.0M	$23.8M	100x	as long as short
Coinbase International SUI-PERP-INTX	+0.0248%	1h	1.0259	+0.093%	$978K	$13.8M	50x	as long as short
Kraken Futures PF_SUIUSD	+0.0296%	1h	1.0249	−0.009%	$7.1M	$24.2M	50x	as long as short
Phoenix SUI	+0.0346%	1h	1.0281	+0.308%	$203K	$574K	10x	as long as short
Hyperliquid SUI	+0.0490%	1h	1.0255	+0.054%	$73.1M	$81.0M	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0637% / S −0.0309%	1h	1.0245	−0.049%	$894K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.0718%	1h	1.0266	+0.164%	$94K	$382K	10x	as long as short