Funding arb · Price arb /

SUI

all SUI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: edgeX against Lighter−0.043%79s7-day average −0.048% · you buy dearer than you sell

Net, funding: paid 7d − costs−$25as 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−$260.264% of the position

Long on Lighter Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.010%+$1 on $10k

Price spread, last 7 days+0.019%+$2 · spread now −0.043%, 7d avg −0.048%

Together, before fees+0.029%+ Points / potential airdropLighter: Season 3 · edgeX: Active · farm board+$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter SUI	1.0214	0.0096	pay 0.0012% / 1h	4m 11s	$794K	$5.5M	10x
Short	edgeX SUIUSDC	1.0210	0.0100	get 0.0050% / 4h	2h 04m	$165K	$4.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee LighterbpFee edgeXbpOrdersPrice spread, now −0.043%Rate

Funding earned: $0.84
Price spread: −0.043% → −0.048%: $0.55
Slippage, 4 orders: −$17.4
Fee Lighter: 0 bp × 2 orders: $0
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$25.01
Costs to cover: 0.264%
Break-even: 215.4 days

Slippage from Lighter: live order book, 4 min ago; edgeX: 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 Lighter live order book, 4 min ago	5.14 bp	8.2 bp −$8	15.9 bp −$159	109.4 bp −$10.9K	doesn't fit
Sell edgeX live order book, 5 min ago	1.96 bp	6.5 bp −$6	9.5 bp −$95	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	−0.3309%	1h	1.0018	−1.923%	$41K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0379%	1h	1.0205	−0.094%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0184%	1h	1.0211	−0.037%	$5K	$19K	7x	as long as short
Bluefin SUI-PERP	−0.0002%	1h	1.0203	−0.112%	$585K	$430K	25x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0217	+0.027%	$96K	$294K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0220	+0.054%	$380K	$5.1M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0218	+0.035%	$196K	$564K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0217	+0.028%	$115K	—	150x	as long as short
Lighter SUIlong	+0.0096%	1h	1.0214	long leg	$794K	$5.5M	10x
Lighter RH SUI	+0.0096%	1h	1.0218	+0.034%	$298K	$2.2M	10x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex SUIUSDT	+0.0096%	1h	1.0213	−0.014%	$33K	$547K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0215	+0.006%	$47K	$215K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0210	−0.038%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0210	−0.043%	$542K	$2.1M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0212	−0.022%	$903K	$4.3M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0214	−0.003%	$221K	$257K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0213	−0.016%	$146.9M	$1.05B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0208	−0.063%	$100.0M	$321.2M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0210	−0.043%	$41.0M	$392.1M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0220	+0.055%	$43K	$329K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0179	−0.347%	$239K	$2K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0214	−0.004%	$168.5M	$86.1M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0212	−0.023%	$152.0M	$295.4M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0211	−0.033%	$49.7M	$53.6M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0207	−0.072%	$67.3M	$178.1M	75x	as long as short
BingX SUI-USDT	+0.0100%	8h	1.0218	+0.035%	—	$84.9M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0216	+0.016%	$668K	$1.4M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0225	+0.101%	$2.4M	$3.5M	—	as long as short
edgeX SUIUSDCshort	+0.0100%	4h	1.0210	−0.043%	$165K	$4.6M	20x
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0208	−0.060%	$442K	$7.6M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0209	−0.053%	$224K	$437K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0218	+0.035%	$134K	$650K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0230	+0.153%	$3K	$1.7M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0212	−0.023%	$6K	$1.9M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0214	−0.004%	$618K	$19.4M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0213	−0.014%	$11.7M	$27.9M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0210	−0.047%	$1.4M	$4.1M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0220	+0.055%	$39K	$11K	3x	as long as short
01 Exchange SUIUSD	+0.0144%	1h	1.0217	+0.025%	$9K	$3K	10x	as long as short
Kraken Futures PF_SUIUSD	+0.0172%	1h	1.0215	+0.010%	$6.8M	$25.0M	50x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0210	−0.043%	$7.5M	$24.9M	100x	as long as short
Coinbase International SUI-PERP-INTX	+0.0248%	1h	1.0216	+0.016%	$1.0M	$15.1M	50x	as long as short
Hyperliquid SUI	+0.0384%	1h	1.0224	+0.094%	$73.6M	$82.7M	10x	as long as short
Phoenix SUI	+0.0416%	1h	1.0233	+0.178%	$203K	$422K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0602% / S −0.0263%	1h	1.0218	+0.036%	$938K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1406%	1h	1.0207	−0.070%	$83K	$408K	10x	as long as short