Settings8H · net · $10k
Funding arb · Price arb /

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0056%/8h= −6.1% APRnext payment $0.07 per $10,000 · paid last 24h −0.069%
Price spread now: Bluefin against Lighter−0.043%7-day average −0.135% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$380.381% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.109%+$11 on $10k
Price spread, last 4 days (all we have)−0.113%−$11 · spread now −0.043%, 7d avg −0.135%
Together, before fees−0.004%+ Points / potential airdropLighter: Season 3 · farm board$0 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bluefin is 0.092% dearer against Lighter than usual: you sell high and buy low (spread −0.043% now, against its 7-day average of −0.135%): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.5 days. Mind the row above: over the last 7 days funding on this pair paid +0.109%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SUI1.00290.0096pay 0.0012% / 1h24m 36s$771K$5.5M10x
ShortBluefin SUI-PERP1.00250.0040get 0.0005% / 1h24m 36s$575K$432K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bluefin against Lighter. 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
−$11.69
Price spread: −0.043% → −0.135%
$9.22
Slippage, 4 orders
−$31.08
Fee Lighter: 0 bp × 2 orders
$0
Fee Bluefin: 3.5 bp × 2 orders
−$7
Net
−$40.55
Costs to cover
0.381%
Break-even
never at this rate
Slippage from Lighter: live order book, 3 min ago; Bluefin: live order book, 25 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 Lighter live order book, 3 min ago6.19 bp7.9 bp −$815.1 bp −$151121.2 bp −$12.1Kdoesn't fit
Sell Bluefin live order book, 25 min ago1.47 bp10.6 bp −$1151.2 bp −$512doesn't fitdoesn'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−0.3309%1h1.0052+0.226%$41K$123K12xas long as short
Reya SUIRUSDPERP−0.0378%1h1.0033+0.042%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0160%1h1.0037+0.081%$5K$19K7xas long as short
dYdX SUI-USD0.0000%1h1.0026−0.031%$94K$294K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0024−0.049%$370K$5.1M2.5xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0037+0.079%$113K150xas long as short
Bluefin SUI-PERPshort+0.0040%1h1.0025−0.043%$575K$432K25x
Lighter SUIlong+0.0096%1h1.0029long leg$771K$5.5M10x
Lighter RH SUI+0.0096%1h1.0032+0.028%$296K$2.2M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0041+0.117%$31K$544K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SUI_USDC+0.0100%8h1.0038+0.087%$47K$206K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0035+0.059%$26K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0036+0.067%$543K$2.1M10xas long as short
Aster SUIUSDT+0.0100%8h1.0038+0.087%$878K$4.3M75xas long as short
Pacifica SUI+0.0100%1h1.0033+0.041%$218K$257K10xas long as short
Binance SUIUSDT+0.0100%8h1.0039+0.097%$144.2M$1.05B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0034+0.043%$97.9M$319.1M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0038+0.087%$40.8M$384.4M50xas long as short
Arcus SUI-USD+0.0100%1h1.0030+0.007%$42K$330K10xas long as short
Bulk SUI-USD+0.0100%1h1.0068+0.386%$237K$2K10xas long as short
Gate SUI_USDT+0.0100%8h1.0032+0.027%$164.0M$84.8M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0033+0.037%$148.7M$293.8M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0029−0.003%$48.9M$53.7M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0033+0.037%$65.8M$177.8M75xas long as short
BingX SUI-USDT+0.0100%8h1.0032+0.027%$82.9Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0034+0.047%$621K$1.4M20xas long as short
Variational Omni SUI+0.0100%8h1.0001−0.284%$2.4M$3.4Mas long as short
edgeX SUIUSDC+0.0100%4h1.0016−0.130%$161K$4.6M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0026−0.031%$437K$7.5M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0015−0.143%$220K$436K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0043+0.137%$132K$727K10xas long as short
SunX SUI-USDT+0.0100%8h1.0055+0.256%$2K$1.7M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0037+0.077%$6K$2.0M10xas long as short
HTX SUI-USDT+0.0100%8h1.0037+0.077%$605K$19.4M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0036+0.067%$11.5M$27.8M50xas long as short
Extended SUI-USD+0.0104%1h1.0031+0.014%$1.4M$4.0M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0047+0.180%$38K$11K3xas long as short
01 Exchange SUIUSD+0.0112%1h1.0042+0.127%$9K$3K10xas long as short
Kraken Futures PF_SUIUSD+0.0175%1h1.0041+0.116%$6.7M$25.0M50xas long as short
BloFin SUI-USDT+0.0220%8h1.0036+0.067%$7.6M$24.3M100xas long as short
Deribit SUI_USDC-PERPETUAL+0.0248%1h1.0041+0.117%$195K$562K25xas long as short
Coinbase International SUI-PERP-INTX+0.0248%1h1.0033+0.037%$955K$14.8M50xas long as short
Hyperliquid SUI+0.0346%1h1.0037+0.077%$71.7M$82.8M10xas long as short
Phoenix SUI+0.0416%1h1.0021−0.080%$198K$422K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0596% / S −0.0263%1h1.0038+0.090%$921K100xas long as short
Aftermath Perps SUIUSD+0.1456%1h1.0049+0.196%$81K$409K10xas long as short