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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0280%/8h= +30.6% APRnext payment +$0.35 per $10,000 · paid last 24h +0.107%
Price spread now: Hyperliquid against Lighter RH+0.071%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs+$3as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$200.202% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.230%+$23 on $10k
Price spread, last 7 days−0.011%−$1 · spread now +0.071%, 7d avg +0.073%
Together, before fees+0.219%+ Points / potential airdropLighter RH: Points live · Hyperliquid: Season 2 · farm board+$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.073%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SUI1.03890.0096pay 0.0012% / 1h0m 47s$300K$2.2M10x
ShortHyperliquid SUI1.03960.0376get 0.0047% / 1h0m 47s$75.3M$81.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
$58.78
Price spread: +0.071% → +0.073%
−$0.16
Slippage, 4 orders
−$11.17
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$38.45
Costs to cover
0.202%
Break-even
2.4 days
Slippage from Lighter RH: live order book, 2 min ago; Hyperliquid: live order book, 3 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 RH live order book, 2 min ago2.27 bp3.2 bp −$311.7 bp −$117doesn't fitdoesn't fit
Sell Hyperliquid live order book, 3 min ago0.96 bp6.8 bp −$714.8 bp −$148doesn'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−0.3244%1h1.0251−1.325%$42K$123K12xas long as short
Reya SUIRUSDPERP−0.0376%1h1.0378−0.098%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0328%1h1.0373−0.148%$6K$19K7xas long as short
dYdX SUI-USD0.0000%1h1.0385−0.035%$130K$227K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0386−0.021%$496K$5.0M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0375−0.131%$201K$573K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0373−0.148%$116K150xas long as short
Lighter SUI+0.0096%1h1.0392+0.036%$802K$5.6M10xas long as short
Lighter RH SUIlong+0.0096%1h1.0389long leg$300K$2.2M10x
01 Exchange SUIUSD+0.0096%1h1.0397+0.081%$9K$2K10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex SUIUSDT+0.0096%1h1.0388−0.006%$42K$517K50xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0393+0.043%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0380−0.078%$585K$2.1M10xas long as short
Aster SUIUSDT+0.0100%8h1.0390+0.012%$909K$4.6M75xas long as short
Pacifica SUI+0.0100%1h1.0397+0.081%$225K$259K10xas long as short
Binance SUIUSDT+0.0100%8h1.0389+0.004%$150.6M$1.03B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0389+0.004%$102.2M$310.5M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0385−0.035%$40.9M$389.4M50xas long as short
Arcus SUI-USD+0.0100%1h1.0400+0.110%$44K$330K10xas long as short
Bulk SUI-USD+0.0100%1h1.0339−0.477%$243K$6K10xas long as short
Gate SUI_USDT+0.0100%8h1.0386−0.025%$169.4M$84.5M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0386−0.025%$153.3M$299.1M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0387−0.015%$50.0M$53.9M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0382−0.064%$67.8M$172.6M75xas long as short
BingX SUI-USDC+0.0100%8h1.0384−0.044%$6.5Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0384−0.044%$662K$1.4M20xas long as short
Variational Omni SUI+0.0100%8h1.0383−0.057%$2.5M$3.4Mas long as short
edgeX SUIUSDC+0.0100%4h1.0377−0.111%$170K$4.5M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0378−0.099%$453K$7.6M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0393+0.042%$230K$431K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0392+0.033%$124K$749K10xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0374−0.141%$48K$150K20xas long as short
Bluefin SUI-PERP+0.0100%1h1.0363−0.246%$594K$406K25xas long as short
SunX SUI-USDT+0.0100%8h1.0355−0.323%$3K$1.7M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0373−0.150%$14K$2.1M10xas long as short
HTX SUI-USDT+0.0100%8h1.0374−0.141%$593K$19.7M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0390+0.013%$11.9M$26.8M50xas long as short
Extended SUI-USD+0.0104%1h1.0382−0.066%$1.4M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0378−0.104%$39K$11K3xas long as short
Kraken Futures PF_SUIUSD+0.0162%1h1.0377−0.113%$6.8M$27.1M50xas long as short
Coinbase International SUI-PERP-INTX+0.0216%1h1.0401+0.119%$976K$15.0M50xas long as short
BloFin SUI-USDT+0.0220%8h1.0385−0.035%$7.9M$24.9M100xas long as short
Hyperliquid SUIshort+0.0376%1h1.0396+0.071%$75.3M$81.4M10x
Phoenix SUI+0.0390%1h1.0401+0.116%$211K$421K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0613% / S −0.0267%1h1.0374−0.140%$959K100xas long as short
Aftermath Perps SUIUSD+0.1490%1h1.0379−0.088%$83K$400K10xas long as short