Funding arb · Price arb /

SUI

all SUI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0003%/8h= +0.3% APRpaid last 24h −0.002%

Price spread now: Orderly against Lighter RH−0.049%7-day average −0.038% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Lighter RH Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days+0.057%+$6 on $10k

Price spread, last 3 days (all we have)+0.038%+$4 · spread now −0.049%, 7d avg −0.038%

Together, before fees+0.095%+ Points / potential airdropLighter RH: Points live · farm board+$9 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH SUI	1.0309	0.0096	pay 0.0012% / 1h	39m 45s	$270K	$2.1M	10x
Short	Orderly PERP_SUI_USDC	1.0304	0.0099	get 0.0099% / 8h	6h 39m	$47K	$283K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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

Position, each leg$Hold fordaysFee Lighter RHbpFee OrderlybpOrdersPrice spread, now −0.049%Rate

Funding earned: $0.61
Price spread: −0.049% → −0.038%: −$1.1
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$6.49
Costs to cover: 0.060%
Break-even: 81.3 days

Slippage unknown: Lighter RH: live order book, 3 min ago; Orderly: no order-book sample. Net counts fees only.

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 RH live order book, 3 min ago	2.21 bp	4.8 bp −$5	13.3 bp −$133	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.4499%	1h	1.0442	+1.290%	$43K	$123K	12x	as long as short
Hibachi SUI/USDT-P	−0.0472%	1h	1.0351	+0.403%	$6K	$19K	7x	as long as short
Reya SUIRUSDPERP	−0.0372%	1h	1.0288	−0.203%	$4K	$3K	20x	as long as short
Bluefin SUI-PERP	−0.0188%	1h	1.0288	−0.204%	$589K	$419K	25x	as long as short
ApeX Omni SUIUSDT	−0.0156%	1h	1.0454	+1.407%	$239K	$505K	50x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0318	+0.091%	$94K	$171K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0304	−0.048%	$545K	$5.0M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0306	−0.029%	$200K	$580K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0290	−0.187%	$113K	—	150x	as long as short
Kraken Futures PF_SUIUSD	+0.0012%	1h	1.0319	+0.093%	$7.0M	$26.7M	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange SUIUSD	+0.0072%	1h	1.0311	+0.019%	$9K	$9K	10x	as long as short
Lighter SUI	+0.0096%	1h	1.0308	−0.012%	$814K	$5.7M	10x	as long as short
Lighter RH SUIlong	+0.0096%	1h	1.0309	long leg	$270K	$2.1M	10x
Popdex SUIUSDT	+0.0096%	1h	1.0304	−0.049%	$33K	$481K	50x	as long as short
Orderly PERP_SUI_USDCshort	+0.0099%	8h	1.0304	−0.049%	$47K	$283K	20x
Paradex SUI-USD-PERP	+0.0100%	8h	1.0380	+0.687%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0280	−0.284%	$697K	$1.7M	10x	as long as short
Hyperliquid SUI	+0.0100%	1h	1.0315	+0.058%	$73.9M	$80.3M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0300	−0.091%	$931K	$5.1M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0314	+0.052%	$224K	$268K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0313	+0.037%	$150.4M	$1.05B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0313	+0.041%	$102.4M	$314.2M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0321	+0.116%	$40.5M	$391.9M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0310	+0.010%	$44K	$373K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0479	+1.649%	$246K	$3K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0297	−0.116%	$163.0M	$83.5M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0320	+0.107%	$149.3M	$297.1M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0304	−0.049%	$50.5M	$54.0M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0316	+0.068%	$67.0M	$173.5M	75x	as long as short
BingX SUI-USDT	+0.0100%	8h	1.0312	+0.029%	—	$82.6M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0292	−0.165%	$659K	$1.2M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0355	+0.445%	$2.4M	$3.2M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0444	+1.314%	$170K	$4.6M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0417	+1.049%	$455K	$7.5M	10x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0301	−0.078%	$119K	$730K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0306	−0.029%	$2K	$1.9M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0312	+0.029%	$7K	$2.2M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0306	−0.029%	$657K	$19.7M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0315	+0.058%	$11.5M	$25.5M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0292	−0.164%	$1.4M	$4.0M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0312	+0.028%	$39K	$16K	3x	as long as short
Coinbase International SUI-PERP-INTX	+0.0152%	1h	1.0315	+0.058%	$979K	$14.5M	50x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0524	+2.086%	$8.0M	$25.7M	100x	as long as short
Phoenix SUI	+0.0221%	1h	1.0477	+1.629%	$208K	$595K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0627% / S −0.0282%	1h	1.0288	−0.200%	$977K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.0931%	1h	1.0425	+1.122%	$78K	$382K	10x	as long as short