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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.013%
Price spread now: Lighter RH against Deribit+0.047%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$250.249% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.035%−$3 on $10k
Price spread, last 4 days (all we have)−0.091%−$9 · spread now +0.047%, 7d avg 0.000%
Together, before fees−0.126%+ Points / potential airdropLighter RH: Points live · farm board−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Lighter RH is 0.047% dearer against Deribit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit SUI_USDC-PERPETUAL1.02070get 0.0000% / 1h20m 18s$196K$562K25x
ShortLighter RH SUI1.02120.0096get 0.0012% / 1h20m 18s$299K$2.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Deribit. 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: +0.047% → 0.000%
$4.74
Slippage, 4 orders
−$17.85
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Lighter RH: 0 bp × 2 orders
$0
Net
$0.04
Costs to cover
0.249%
Break-even
7.0 days
Slippage from Deribit: live order book, 23 min ago; Lighter RH: live order book, 3 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 Deribit live order book, 23 min ago4.93 bp8.4 bp −$815.7 bp −$157doesn't fitdoesn't fit
Sell Lighter RH live order book, 3 min ago3.39 bp4.3 bp −$412.7 bp −$127doesn'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−0.3536%1h1.0080−1.244%$41K$113K12xas long as short
Reya SUIRUSDPERP−0.0380%1h1.0204−0.031%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0248%1h1.0175−0.314%$5K$21K7xas long as short
Bluefin SUI-PERP−0.0091%1h1.0189−0.176%$584K$423K25xas long as short
dYdX SUI-USD0.0000%1h1.0198−0.085%$96K$258K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0200−0.066%$373K$4.9M2.5xas long as short
Deribit SUI_USDC-PERPETUALlong0.0000%1h1.0207long leg$196K$562K25x
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0187−0.200%$115K150xas long as short
Lighter SUI+0.0096%1h1.0209+0.016%$785K$5.3M10xas long as short
Lighter RH SUIshort+0.0096%1h1.0212+0.047%$299K$2.2M10x
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex SUIUSDT+0.0096%1h1.0202−0.049%$38K$521K50xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0204−0.029%$47K$218K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0195−0.122%$27K$8K30xas long as short
Nado SUI-PERP+0.0100%1h1.0206−0.010%$693K$2.2M10xas long as short
Aster SUIUSDT+0.0100%8h1.0203−0.041%$901K$4.3M75xas long as short
Pacifica SUI+0.0100%1h1.0196−0.103%$218K$260K10xas long as short
Binance SUIUSDT+0.0100%8h1.0210+0.029%$146.1M$1.01B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0200−0.068%$98.8M$314.4M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0197−0.098%$41.2M$376.6M50xas long as short
Arcus SUI-USD+0.0100%1h1.0200−0.069%$43K$328K10xas long as short
Bulk SUI-USD+0.0100%1h1.0191−0.161%$240K$1K10xas long as short
Gate SUI_USDT+0.0100%8h1.0204−0.029%$167.8M$83.5M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0210+0.029%$153.0M$292.5M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0209+0.020%$50.2M$52.7M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0200−0.069%$67.1M$171.7M75xas long as short
BingX SUI-USDT+0.0100%8h1.0206−0.010%$86.8Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0187−0.196%$669K$1.3M20xas long as short
Variational Omni SUI+0.0100%8h1.0182−0.248%$2.4M$3.5Mas long as short
edgeX SUIUSDC+0.0100%4h1.0176−0.302%$163K$4.5M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0180−0.266%$443K$7.1M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0173−0.333%$223K$379K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0211+0.039%$127K$611K10xas long as short
SunX SUI-USDT+0.0100%8h1.0217+0.098%$3K$1.6M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0205−0.020%$6K$1.8M10xas long as short
HTX SUI-USDT+0.0100%8h1.0209+0.020%$629K$18.4M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0209+0.020%$11.8M$28.2M50xas long as short
Extended SUI-USD+0.0104%1h1.0200−0.073%$1.4M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0209+0.021%$39K$11K3xas long as short
01 Exchange SUIUSD+0.0192%1h1.0205−0.020%$9K$2K10xas long as short
BloFin SUI-USDT+0.0220%8h1.0191−0.157%$7.5M$24.5M100xas long as short
Coinbase International SUI-PERP-INTX+0.0280%1h1.0219+0.118%$1.0M$14.7M50xas long as short
Kraken Futures PF_SUIUSD+0.0363%1h1.0209+0.015%$6.8M$22.2M50xas long as short
Phoenix SUI+0.0431%1h1.0208+0.011%$202K$413K10xas long as short
Hyperliquid SUI+0.0438%1h1.0217+0.098%$73.6M$81.4M10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0601% / S −0.0263%1h1.0206−0.006%$938K100xas long as short
Aftermath Perps SUIUSD+0.1374%1h1.0185−0.215%$82K$410K10xas long as short