Funding arb · Price arb /

SUI

all SUI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: Lighter RH against MEXC+0.017%7-day average +0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$10as in the Funding arb table

Net, price: spread back to 7d avg − costs−$8as in the Price arb table

costs, in and out, $10k−$100.099% of the position

Long on MEXC Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 7 days−0.069%−$7 · spread now +0.017%, 7d avg +0.003%

Together, before fees−0.071%+ Points / potential airdropLighter RH: Points live · farm board−$7 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SUI_USDT	1.0145	0.0100	pay 0.0100% / 8h	6h 55m	$92.7M	$270.9M	300x
Short	Lighter RH SUI	1.0147	0.0096	get 0.0012% / 1h	55m 32s	$319K	$2.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against MEXC. 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 MEXCbpFee Lighter RHbpOrdersPrice spread, now +0.017%Rate

Funding earned: −$0.84
Price spread: +0.017% → +0.003%: $1.38
Slippage, 4 orders: −$9.86
Fee MEXC: 0 bp × 2 orders: $0
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$9.32
Costs to cover: 0.099%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; Lighter RH: live order book, 2 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 MEXC live order book, 4 min ago	0.49 bp	0.5 bp $0	3.4 bp −$34	31.5 bp −$3,149	106.8 bp −$53.4K
Sell Lighter RH live order book, 2 min ago	1.91 bp	2.7 bp −$3	12.4 bp −$124	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	−0.3772%	1h	1.0143	−0.020%	$42K	$113K	12x	as long as short
Bluefin SUI-PERP	−0.0781%	1h	1.0164	+0.187%	$585K	$437K	25x	as long as short
Hibachi SUI/USDT-P	−0.0576%	1h	1.0182	+0.363%	$5K	$17K	7x	as long as short
Reya SUIRUSDPERP	−0.0383%	1h	1.0135	−0.094%	$4K	$3K	20x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0139	−0.060%	$95K	$245K	10x	as long as short
01 Exchange SUIUSD	0.0000%	1h	1.0135	−0.099%	$8K	$3K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0199	+0.532%	$376K	$3.9M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0178	+0.325%	$196K	$521K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0259	+1.125%	$116K	—	150x	as long as short
Kraken Futures PF_SUIUSD	+0.0054%	1h	1.0177	+0.314%	$6.8M	$21.0M	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack SUI_USDC_PERP	+0.0059%	1h	1.0169	+0.237%	$667K	$1.3M	20x	as long as short
Lighter SUI	+0.0096%	1h	1.0151	+0.054%	$752K	$4.6M	10x	as long as short
Lighter RH SUIshort	+0.0096%	1h	1.0147	+0.017%	$319K	$2.1M	10x
Popdex SUIUSDT	+0.0096%	1h	1.0135	−0.099%	$52K	$519K	50x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0139	−0.061%	$27K	$5K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0130	−0.148%	$667K	$2.0M	10x	as long as short
Hyperliquid SUI	+0.0100%	1h	1.0146	+0.010%	$73.1M	$75.2M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0143	−0.023%	$901K	$3.9M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0143	−0.016%	$216K	$214K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0135	−0.099%	$143.8M	$938.0M	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0139	−0.059%	$97.5M	$291.7M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0134	−0.108%	$40.8M	$342.9M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0140	−0.049%	$43K	$317K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0206	+0.601%	$234K	$7K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0140	−0.049%	$166.3M	$71.9M	50x	as long as short
MEXC SUI_USDTlong	+0.0100%	8h	1.0145	long leg	$92.7M	$270.9M	300x
KuCoin SUIUSDTM	+0.0100%	8h	1.0157	+0.118%	$50.5M	$49.3M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0133	−0.118%	$66.9M	$156.9M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0142	−0.030%	—	$6.5M	—	as long as short
Variational Omni SUI	+0.0100%	8h	1.0173	+0.271%	$2.4M	$3.1M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0201	+0.554%	$164K	$4.2M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0208	+0.620%	$438K	$6.9M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0208	+0.621%	$206K	$355K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0137	−0.079%	$122K	$509K	10x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0179	+0.335%	$55K	$662K	20x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0202	+0.562%	$2K	$1.4M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0176	+0.306%	$5K	$1.4M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0179	+0.335%	$774K	$17.5M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0179	+0.335%	$11.7M	$28.5M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0133	−0.114%	$1.5M	$3.9M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0175	+0.293%	$39K	$11K	3x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0223	+0.769%	$7.5M	$24.2M	100x	as long as short
Coinbase International SUI-PERP-INTX	+0.0320%	1h	1.0208	+0.621%	$1.0M	$12.8M	50x	as long as short
Phoenix SUI	+0.0426%	1h	1.0241	+0.951%	$204K	$340K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0609% / S −0.0269%	1h	1.0177	+0.311%	$949K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1027%	1h	1.0234	+0.874%	$80K	$415K	10x	as long as short