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−0.0004%/8h= −0.4% APRpaid last 24h +0.005%
Price spread now: Lighter against Phemex+0.174%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$470.466% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.098%+$10 on $10k
Price spread, last 4 days (all we have)−0.067%−$7 · spread now +0.174%, 7d avg −0.002%
Together, before fees+0.032%+ Points / potential airdropLighter: Season 3 · farm board+$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.176% dearer against Phemex than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex SUIUSDT1.04200.0100pay 0.0100% / 8h4h 43m$12.0M$26.6M50x
ShortLighter SUI1.04380.0096get 0.0012% / 1h43m 37s$831K$5.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Phemex. 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
−$0.84
Price spread: +0.174% → −0.002%
$17.59
Slippage, 4 orders
−$34.64
Fee Phemex: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$29.9
Costs to cover
0.466%
Break-even
never at this rate
Slippage from Phemex: live order book, 5 min ago; Lighter: live order book, 9 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 Phemex live order book, 5 min ago3.36 bp20.5 bp −$2134.7 bp −$347doesn't fitdoesn't fit
Sell Lighter live order book, 9 min ago3.11 bp8.4 bp −$816.2 bp −$162105.9 bp −$10.6Kdoesn'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%1h1.0316−0.998%$42K$123K12xas long as short
Reya SUIRUSDPERP−0.0375%1h1.0426+0.054%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0296%1h1.0386−0.331%$6K$19K7xas long as short
dYdX SUI-USD0.0000%1h1.0432+0.116%$131K$227K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0438+0.174%$522K$4.9M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0425+0.048%$202K$574K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0430+0.098%$114K150xas long as short
Lighter SUIshort+0.0096%1h1.0438+0.174%$831K$5.5M10x
Lighter RH SUI+0.0096%1h1.0425+0.048%$298K$2.2M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0423+0.029%$40K$516K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex SUI-USD-PERP+0.0100%8h1.0428+0.079%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0417−0.029%$691K$1.9M10xas long as short
Aster SUIUSDT+0.0100%8h1.0417−0.029%$912K$4.6M75xas long as short
Pacifica SUI+0.0100%1h1.0432+0.115%$225K$260K10xas long as short
Binance SUIUSDT+0.0100%8h1.0434+0.134%$151.9M$1.03B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0432+0.116%$103.1M$310.5M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0430+0.096%$41.3M$390.0M50xas long as short
Arcus SUI-USD+0.0100%1h1.0430+0.096%$45K$373K10xas long as short
Bulk SUI-USD+0.0100%1h1.0390−0.288%$244K$6K10xas long as short
Gate SUI_USDT+0.0100%8h1.0426+0.058%$166.1M$83.0M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0433+0.125%$151.4M$293.7M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0432+0.115%$50.1M$54.1M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0421+0.010%$68.1M$171.5M75xas long as short
BingX SUI-USDT+0.0100%8h1.0425+0.048%$82.4Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0428+0.077%$682K$1.4M20xas long as short
Variational Omni SUI+0.0100%8h1.0394−0.254%$2.4M$3.3Mas long as short
edgeX SUIUSDC+0.0100%4h1.0403−0.161%$170K$4.6M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0403−0.162%$458K$7.7M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0404−0.154%$232K$486K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0416−0.038%$124K$756K10xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0428+0.077%$48K$194K20xas long as short
Bluefin SUI-PERP+0.0100%1h1.0410−0.096%$596K$401K25xas long as short
SunX SUI-USDT+0.0100%8h1.0422+0.019%$2K$1.8M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0427+0.067%$14K$2.1M10xas long as short
HTX SUI-USDT+0.0100%8h1.0408−0.115%$573K$19.7M75xas long as short
Phemex SUIUSDTlong+0.0100%8h1.0420long leg$12.0M$26.6M50x
Extended SUI-USD+0.0104%1h1.0428+0.074%$1.4M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0429+0.086%$40K$11K3xas long as short
01 Exchange SUIUSD+0.0112%1h1.0417−0.029%$9K$3K10xas long as short
Kraken Futures PF_SUIUSD+0.0162%1h1.0431+0.104%$6.9M$27.0M50xas long as short
Coinbase International SUI-PERP-INTX+0.0216%1h1.0430+0.096%$997K$15.0M50xas long as short
BloFin SUI-USDT+0.0220%8h1.0396−0.230%$8.0M$25.0M100xas long as short
Phoenix SUI+0.0390%1h1.0402−0.176%$211K$421K10xas long as short
Hyperliquid SUI+0.0445%1h1.0433+0.125%$75.7M$81.6M10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0615% / S −0.0267%1h1.0431+0.108%$962K100xas long as short
Aftermath Perps SUIUSD+0.1553%1h1.0429+0.087%$83K$396K10xas long as short