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: Lighter against OKX+0.036%7-day average +0.036% · you sell dearer than you buy

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

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

costs, in and out, $10k−$240.244% of the position

Long on OKX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.043%+$4 on $10k

Price spread, last 7 days+0.037%+$4 · spread now +0.036%, 7d avg +0.036%

Together, before fees+0.080%+ Points / potential airdropLighter: Season 3 · farm board+$8 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SUI-USDT-SWAP	1.0417	0.0100	pay 0.0100% / 8h	5h 36m	$41.2M	$384.3M	50x
Short	Lighter SUI	1.0421	0.0096	get 0.0012% / 1h	36m 15s	$826K	$5.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against OKX. 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 OKXbpFee LighterbpOrdersPrice spread, now +0.036%Rate

Funding earned: −$0.84
Price spread: +0.036% → +0.036%: −$0.03
Slippage, 4 orders: −$14.44
Fee OKX: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: −$25.31
Costs to cover: 0.244%
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; Lighter: live order book, 12 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 OKX live order book, 3 min ago	0.48 bp	10.4 bp −$10	16.1 bp −$161	46.5 bp −$4,648	doesn't fit
Sell Lighter live order book, 12 min ago	2.79 bp	4.3 bp −$4	14.9 bp −$149	106.8 bp −$10.7K	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	1.0276	−1.354%	$42K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0374%	1h	1.0405	−0.112%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0216%	1h	1.0406	−0.104%	$6K	$19K	7x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0410	−0.068%	$95K	$168K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0412	−0.044%	$511K	$4.8M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0419	+0.019%	$202K	$576K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0418	+0.011%	$114K	—	150x	as long as short
Lighter SUIshort	+0.0096%	1h	1.0421	+0.036%	$826K	$5.6M	10x
Lighter RH SUI	+0.0096%	1h	1.0422	+0.048%	$280K	$2.1M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0409	−0.077%	$33K	$499K	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	1.0410	−0.067%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0413	−0.038%	$717K	$1.9M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0410	−0.069%	$915K	$4.6M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0411	−0.058%	$228K	$262K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0420	+0.029%	$152.8M	$1.02B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0420	+0.025%	$103.3M	$307.6M	50x	as long as short
OKX SUI-USDT-SWAPlong	+0.0100%	8h	1.0417	long leg	$41.2M	$384.3M	50x
Arcus SUI-USD	+0.0100%	1h	1.0420	+0.029%	$45K	$373K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0403	−0.132%	$245K	$4K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0411	−0.058%	$165.3M	$82.7M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0418	+0.010%	$151.2M	$292.0M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0409	−0.077%	$51.1M	$53.5M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0415	−0.019%	$68.1M	$168.2M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0420	+0.029%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0406	−0.106%	$703K	$1.3M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0393	−0.226%	$2.4M	$3.2M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0400	−0.162%	$169K	$4.6M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0372	−0.432%	$456K	$7.5M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0388	−0.278%	$236K	$470K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0424	+0.067%	$122K	$719K	10x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0417	0.000%	$48K	$238K	20x	as long as short
Bluefin SUI-PERP	+0.0100%	1h	1.0404	−0.125%	$595K	$408K	25x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0429	+0.115%	$2K	$1.8M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0419	+0.019%	$14K	$2.1M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0417	0.000%	$599K	$19.6M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0419	+0.019%	$11.6M	$26.1M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0415	−0.023%	$1.4M	$4.1M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0423	+0.056%	$40K	$11K	3x	as long as short
01 Exchange SUIUSD	+0.0136%	1h	1.0412	−0.048%	$9K	$3K	10x	as long as short
Coinbase International SUI-PERP-INTX	+0.0176%	1h	1.0427	+0.096%	$996K	$14.7M	50x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0406	−0.106%	$8.0M	$25.0M	100x	as long as short
Kraken Futures PF_SUIUSD	+0.0288%	1h	1.0421	+0.039%	$6.8M	$26.9M	50x	as long as short
Phoenix SUI	+0.0362%	1h	1.0411	−0.060%	$211K	$561K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0619% / S −0.0272%	1h	1.0417	−0.001%	$969K	—	100x	as long as short
Hyperliquid SUI	+0.0671%	1h	1.0424	+0.067%	$75.9M	$80.2M	10x	as long as short
Aftermath Perps SUIUSD	+0.1286%	1h	1.0413	−0.037%	$83K	$385K	10x	as long as short