Funding arb · Price arb /

SUI

all SUI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: SunX against Lighter RH+0.066%7-day average +0.080% · you sell dearer than you buy

Net, funding: paid 7d − costs−$117as in the Funding arb table

Net, price: spread back to 7d avg − costs−$124as in the Price arb table

costs, in and out, $10k−$1231.227% of the position

Long on Lighter RH Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.062%+$6 on $10k

Price spread, last 4 days (all we have)−0.060%−$6 · spread now +0.066%, 7d avg +0.080%

Together, before fees+0.002%+ Points / potential airdropLighter RH: Points live · farm board$0 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	1.0573	0.0096	pay 0.0012% / 1h	12m 33s	$287K	$2.1M	10x
Short	SunX SUI-USDT	1.0580	0.0100	get 0.0100% / 8h	5h 12m	$2K	$1.8M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.066%Rate

Funding earned: $0.84
Price spread: +0.066% → +0.080%: −$1.37
Slippage, 4 orders: −$114.73
Fee Lighter RH: 0 bp × 2 orders: $0
Fee SunX: 4 bp × 2 orders: −$8
Net: −$123.26
Costs to cover: 1.227%
Break-even: 1034.2 days

Slippage from Lighter RH: live order book, 5 min ago; SunX: live order book, 13 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, 5 min ago	4.18 bp	4.9 bp −$5	18.3 bp −$183	doesn't fit	doesn't fit
Sell SunX live order book, 13 min ago	29.79 bp	67.2 bp −$67	doesn't fit	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	−0.3542%	1h	1.0527	−0.435%	$43K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0374%	1h	1.0554	−0.182%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0248%	1h	1.0576	+0.030%	$6K	$19K	7x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0560	−0.123%	$132K	$227K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0567	−0.053%	$530K	$4.9M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0575	+0.019%	$205K	$575K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0577	+0.041%	$115K	—	150x	as long as short
Lighter SUI	+0.0096%	1h	1.0567	−0.059%	$842K	$5.6M	10x	as long as short
Lighter RH SUIlong	+0.0096%	1h	1.0573	long leg	$287K	$2.1M	10x
Popdex SUIUSDT	+0.0096%	1h	1.0560	−0.123%	$38K	$510K	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex SUI-USD-PERP	+0.0100%	8h	1.0562	−0.100%	$28K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0562	−0.099%	$726K	$1.9M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0571	−0.015%	$921K	$4.6M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0562	−0.103%	$231K	$259K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0561	−0.113%	$154.6M	$1.03B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0557	−0.148%	$104.2M	$309.1M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0553	−0.189%	$42.0M	$391.7M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0570	−0.028%	$45K	$373K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0562	−0.103%	$248K	$6K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0559	−0.132%	$168.7M	$83.7M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0559	−0.132%	$154.3M	$295.7M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0558	−0.142%	$50.9M	$54.0M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0551	−0.208%	$69.0M	$169.7M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0559	−0.132%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0553	−0.189%	$707K	$1.3M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0617	+0.420%	$2.4M	$3.3M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0624	+0.483%	$173K	$4.6M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0612	+0.366%	$463K	$7.5M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0628	+0.520%	$240K	$484K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0566	−0.066%	$114K	$749K	10x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0573	0.000%	$48K	$233K	20x	as long as short
Bluefin SUI-PERP	+0.0100%	1h	1.0558	−0.142%	$604K	$404K	25x	as long as short
SunX SUI-USDTshort	+0.0100%	8h	1.0580	+0.066%	$2K	$1.8M	30x
SoDEX SUI-USD	+0.0100%	1h	1.0571	−0.019%	$15K	$2.1M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0560	−0.123%	$603K	$19.6M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0559	−0.132%	$12.1M	$26.7M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0555	−0.168%	$1.5M	$4.1M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0578	+0.052%	$40K	$11K	3x	as long as short
01 Exchange SUIUSD	+0.0176%	1h	1.0564	−0.085%	$9K	$3K	10x	as long as short
Coinbase International SUI-PERP-INTX	+0.0176%	1h	1.0577	+0.038%	$994K	$15.0M	50x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0573	0.000%	$8.0M	$25.3M	100x	as long as short
Kraken Futures PF_SUIUSD	+0.0284%	1h	1.0574	+0.011%	$7.0M	$27.0M	50x	as long as short
Phoenix SUI	+0.0362%	1h	1.0639	+0.624%	$216K	$561K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0621% / S −0.0268%	1h	1.0576	+0.027%	$978K	—	100x	as long as short
Hyperliquid SUI	+0.0676%	1h	1.0570	−0.028%	$76.9M	$81.8M	10x	as long as short
Aftermath Perps SUIUSD	+0.1420%	1h	1.0601	+0.267%	$85K	$391K	10x	as long as short