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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0096%/8h= −10.5% APRnext payment $0.12 per $10,000 · paid last 24h −0.005%
Price spread now: Deribit against Lighter RH−0.040%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$250.247% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.046%+$5 on $10k
Price spread, last 3 days (all we have)+0.062%+$6 · spread now −0.040%, 7d avg +0.007%
Together, before fees+0.108%+ Points / potential airdropLighter RH: Points live · farm board+$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.047% cheaper against Lighter RH than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.007%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SUI1.03660.0096pay 0.0012% / 1h17m 18s$276K$2.1M10x
ShortDeribit SUI_USDC-PERPETUAL1.03620get 0.0000% / 1h17m 18s$201K$578K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$20.16
Price spread: −0.040% → +0.007%
−$4.68
Slippage, 4 orders
−$17.69
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$49.53
Costs to cover
0.247%
Break-even
never at this rate
Slippage from Lighter RH: live order book, 1 min ago; Deribit: live order book, 52 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, 1 min ago2.51 bp3.4 bp −$314.6 bp −$146doesn't fitdoesn't fit
Sell Deribit live order book, 52 min ago3.25 bp6.7 bp −$7doesn't fitdoesn't fitdoesn't fit

SUI on 45 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−0.4499%1h1.0236−1.255%$42K$123K12xas long as short
Hibachi SUI/USDT-P−0.0376%1h1.0359−0.073%$6K$19K7xas long as short
Reya SUIRUSDPERP−0.0373%1h1.0347−0.182%$4K$3K20xas long as short
dYdX SUI-USD0.0000%1h1.0351−0.143%$94K$171K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0364−0.022%$506K$5.1M2.5xas long as short
Deribit SUI_USDC-PERPETUALshort0.0000%1h1.0362−0.040%$201K$578K25x
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0351−0.144%$113K150xas long as short
Kraken Futures PF_SUIUSD+0.0012%1h1.0365−0.011%$6.8M$27.0M50xas long as short
Bluefin SUI-PERP+0.0072%1h1.0343−0.223%$592K$416K25xas long as short
Lighter SUI+0.0096%1h1.0366−0.002%$819K$5.7M10xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SUIlong+0.0096%1h1.0366long leg$276K$2.1M10x
01 Exchange SUIUSD+0.0096%1h1.0350−0.155%$9K$3K10xas long as short
Popdex SUIUSDT+0.0096%1h1.0347−0.184%$31K$494K50xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0352−0.132%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0354−0.117%$749K$1.9M10xas long as short
Aster SUIUSDT+0.0100%8h1.0351−0.143%$909K$5.0M75xas long as short
Pacifica SUI+0.0100%1h1.0354−0.114%$226K$269K10xas long as short
Binance SUIUSDT+0.0100%8h1.0356−0.099%$151.4M$1.05B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0357−0.087%$102.7M$312.6M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0358−0.078%$40.9M$390.7M50xas long as short
Arcus SUI-USD+0.0100%1h1.0360−0.059%$44K$373K10xas long as short
Bulk SUI-USD+0.0100%1h1.0400+0.327%$245K$3K10xas long as short
Gate SUI_USDT+0.0100%8h1.0353−0.126%$163.8M$84.4M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0353−0.126%$150.1M$300.3M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0349−0.165%$51.6M$53.7M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0357−0.088%$67.4M$171.5M75xas long as short
BingX SUI-USDC+0.0100%8h1.0355−0.107%$6.5Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0358−0.078%$691K$1.2M20xas long as short
Variational Omni SUI+0.0100%8h1.0378+0.111%$2.4M$3.2Mas long as short
edgeX SUIUSDC+0.0100%4h1.0366+0.001%$169K$4.7M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0373+0.066%$450K$7.4M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0374+0.076%$237K$501K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0360−0.059%$119K$722K10xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0355−0.107%$47K$249K20xas long as short
SunX SUI-USDT+0.0100%8h1.0358−0.078%$2K$1.8M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0362−0.040%$6K$2.2M10xas long as short
HTX SUI-USDT+0.0100%8h1.0358−0.078%$643K$19.8M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0362−0.040%$11.6M$25.8M50xas long as short
Extended SUI-USD+0.0104%1h1.0358−0.080%$1.5M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0361−0.044%$39K$16K3xas long as short
Coinbase International SUI-PERP-INTX+0.0152%1h1.0392+0.250%$997K$14.6M50xas long as short
Hyperliquid SUI+0.0162%1h1.0360−0.063%$74.2M$80.6M10xas long as short
Phoenix SUI+0.0221%1h1.0410+0.424%$206K$595K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0613% / S −0.0271%1h1.0351−0.145%$961K100xas long as short
Aftermath Perps SUIUSD+0.1053%1h1.0370+0.040%$80K$381K10xas long as short