Funding arb · Price arb /

SUI

all SUI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: Lighter RH against edgeX+0.030%80s7-day average +0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$200.201% of the position

Long on edgeX Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days−0.055%−$5 on $10k

Price spread, last 7 days−0.043%−$4 · spread now +0.030%, 7d avg +0.028%

Together, before fees−0.097%+ Points / potential airdropedgeX: Active · Lighter RH: Points live · farm board−$10 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX SUIUSDC	1.0145	0.0100	pay 0.0050% / 4h	1h 46m	$163K	$3.8M	20x
Short	Lighter RH SUI	1.0148	0.0096	get 0.0012% / 1h	46m 03s	$326K	$2.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against edgeX. 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 edgeXbpFee Lighter RHbpOrdersPrice spread, now +0.030%Rate

Funding earned: −$0.84
Price spread: +0.030% → +0.028%: $0.21
Slippage, 4 orders: −$11.12
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$20.75
Costs to cover: 0.201%
Break-even: never at this rate

Slippage from edgeX: live order book, 6 min ago; Lighter RH: live order book, 5 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 edgeX live order book, 6 min ago	1.97 bp	6.5 bp −$6	9.8 bp −$98	doesn't fit	doesn't fit
Sell Lighter RH live order book, 5 min ago	2.61 bp	4.2 bp −$4	15.0 bp −$150	doesn't fit	doesn't fit

SUI on 46 exchanges

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	−0.3324%	1h	1.0075	−0.685%	$41K	$113K	12x	as long as short
Hibachi SUI/USDT-P	−0.0392%	1h	1.0139	−0.054%	$5K	$16K	7x	as long as short
Reya SUIRUSDPERP	−0.0385%	1h	1.0145	+0.001%	$4K	$3K	20x	as long as short
Bluefin SUI-PERP	−0.0261%	1h	1.0133	−0.113%	$583K	$407K	25x	as long as short
Kraken Futures PF_SUIUSD	−0.0042%	1h	1.0153	+0.087%	$6.9M	$19.6M	50x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0142	−0.025%	$95K	$241K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0143	−0.020%	$377K	$3.7M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0151	+0.064%	$193K	$500K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0144	−0.009%	$115K	—	150x	as long as short
01 Exchange SUIUSD	+0.0024%	1h	1.0150	+0.054%	$8K	$3K	10x	as long as short

Show all 46 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SUI	+0.0096%	1h	1.0150	+0.053%	$738K	$4.5M	10x	as long as short
Lighter RH SUIshort	+0.0096%	1h	1.0148	+0.030%	$326K	$2.1M	10x
Popdex SUIUSDT	+0.0096%	1h	1.0149	+0.044%	$54K	$517K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0099%	8h	1.0148	+0.034%	$55K	$700K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0144	−0.009%	$27K	$2K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0144	−0.005%	$659K	$2.0M	10x	as long as short
Hyperliquid SUI	+0.0100%	1h	1.0153	+0.084%	$72.7M	$66.1M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0151	+0.061%	$904K	$3.5M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0148	+0.038%	$216K	$207K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0148	+0.033%	$143.3M	$868.8M	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0140	−0.042%	$97.0M	$267.8M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0142	−0.025%	$41.1M	$314.1M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0150	+0.054%	$44K	$311K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0148	+0.032%	$232K	$8K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0143	−0.015%	$167.8M	$67.7M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0145	+0.005%	$96.2M	$246.0M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0147	+0.025%	$50.4M	$45.8M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0137	−0.074%	$66.4M	$140.0M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0141	−0.035%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0141	−0.035%	$649K	$1.2M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0141	−0.035%	$2.4M	$2.7M	—	as long as short
edgeX SUIUSDClong	+0.0100%	4h	1.0145	long leg	$163K	$3.8M	20x
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0147	+0.025%	$439K	$6.7M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0153	+0.084%	$204K	$385K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0150	+0.054%	$121K	$476K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0161	+0.163%	$3K	$1.3M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0149	+0.044%	$6K	$1.4M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0147	+0.025%	$748K	$16.7M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0148	+0.034%	$11.7M	$28.2M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0144	−0.004%	$1.5M	$3.5M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0150	+0.049%	$39K	$11K	3x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0145	+0.005%	$7.5M	$22.5M	100x	as long as short
Phoenix SUI	+0.0250%	1h	1.0164	+0.190%	$203K	$318K	10x	as long as short
Coinbase International SUI-PERP-INTX	+0.0312%	1h	1.0170	+0.251%	$1.0M	$11.1M	50x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0607% / S −0.0268%	1h	1.0147	+0.029%	$946K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.0871%	1h	1.0159	+0.138%	$80K	$405K	10x	as long as short