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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0772%/8h= −84.5% APRnext payment $0.96 per $10,000 · paid last 24h −0.066%
Price spread now: Bluefin against Lighter RH−0.224%7-day average −0.156% · 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−$41as in the Price arb table
costs, in and out, $10k−$340.340% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.089%+$9 on $10k
Price spread, last 4 days (all we have)−0.065%−$7 · spread now −0.224%, 7d avg −0.156%
Together, before fees+0.023%+ Points / potential airdropLighter RH: Points live · farm board+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Bluefin is 0.068% cheaper against Lighter RH than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.156%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.089%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.089% in total (about 4.6% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.96 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SUI1.01470.0096pay 0.0012% / 1h55m 25s$319K$2.1M10x
ShortBluefin SUI-PERP1.0124−0.0676pay 0.0084% / 1h55m 25s$583K$438K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bluefin against Lighter RH. 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
−$162.04
Price spread: −0.224% → −0.156%
−$6.78
Slippage, 4 orders
−$27.03
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Bluefin: 3.5 bp × 2 orders
−$7
Net
−$202.85
Costs to cover
0.340%
Break-even
never at this rate
Slippage from Lighter RH: live order book, 3 min ago; Bluefin: live order book, 39 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 RH live order book, 3 min ago1.91 bp4.8 bp −$513.7 bp −$137doesn't fitdoesn't fit
Sell Bluefin live order book, 39 min ago2.97 bp14.5 bp −$15108.3 bp −$1,083doesn'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−0.3772%1h1.0143−0.036%$42K$113K12xas long as short
Bluefin SUI-PERPshort−0.0676%1h1.0124−0.224%$583K$438K25x
Hibachi SUI/USDT-P−0.0576%1h1.0182+0.346%$5K$17K7xas long as short
Reya SUIRUSDPERP−0.0383%1h1.0135−0.111%$4K$3K20xas long as short
dYdX SUI-USD0.0000%1h1.0139−0.077%$95K$245K10xas long as short
01 Exchange SUIUSD0.0000%1h1.0135−0.115%$8K$3K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0199+0.515%$376K$3.9M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0140−0.066%$195K$521K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0259+1.108%$116K150xas long as short
Kraken Futures PF_SUIUSD+0.0054%1h1.0135−0.119%$6.8M$21.0M50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack SUI_USDC_PERP+0.0059%1h1.0169+0.220%$667K$1.3M20xas long as short
Lighter SUI+0.0096%1h1.0151+0.037%$752K$4.6M10xas long as short
Lighter RH SUIlong+0.0096%1h1.0147long leg$319K$2.1M10x
Popdex SUIUSDT+0.0096%1h1.0135−0.115%$52K$519K50xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0139−0.078%$27K$5K30xas long as short
Nado SUI-PERP+0.0100%1h1.0130−0.165%$667K$2.0M10xas long as short
Hyperliquid SUI+0.0100%1h1.0146−0.007%$73.1M$75.2M10xas long as short
Aster SUIUSDT+0.0100%8h1.0143−0.036%$901K$3.9M75xas long as short
Pacifica SUI+0.0100%1h1.0143−0.033%$216K$214K10xas long as short
Binance SUIUSDT+0.0100%8h1.0137−0.096%$143.8M$937.7M75xas long as short
Bybit SUIUSDT+0.0100%8h1.0133−0.135%$97.5M$291.7M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0135−0.115%$40.8M$343.0M50xas long as short
Arcus SUI-USD+0.0100%1h1.0140−0.066%$43K$317K10xas long as short
Bulk SUI-USD+0.0100%1h1.0206+0.584%$234K$7K10xas long as short
Gate SUI_USDT+0.0100%8h1.0137−0.096%$166.2M$71.9M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0138−0.086%$92.5M$271.0M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0139−0.076%$50.4M$49.3M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0130−0.165%$66.8M$156.9M75xas long as short
BingX SUI-USDT+0.0100%8h1.0135−0.115%$85.9Mas long as short
Variational Omni SUI+0.0100%8h1.0173+0.254%$2.4M$3.1Mas long as short
edgeX SUIUSDC+0.0100%4h1.0201+0.537%$164K$4.2M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0208+0.603%$438K$6.9M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0208+0.604%$206K$355K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0137−0.096%$122K$509K10xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0139−0.076%$54K$666K20xas long as short
SunX SUI-USDT+0.0100%8h1.0144−0.027%$2K$1.4M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0133−0.135%$6K$1.4M10xas long as short
HTX SUI-USDT+0.0100%8h1.0179+0.318%$774K$17.5M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0179+0.318%$11.7M$28.5M50xas long as short
Extended SUI-USD+0.0104%1h1.0131−0.154%$1.5M$3.9M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0126−0.202%$38K$11K3xas long as short
BloFin SUI-USDT+0.0220%8h1.0223+0.752%$7.5M$24.2M100xas long as short
Coinbase International SUI-PERP-INTX+0.0320%1h1.0147+0.003%$1.0M$12.7M50xas long as short
Phoenix SUI+0.0426%1h1.0241+0.934%$204K$340K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0609% / S −0.0269%1h1.0135−0.119%$945K100xas long as short
Aftermath Perps SUIUSD+0.1027%1h1.0220+0.724%$80K$416K10xas long as short