Funding arb · Price arb /

SUI

all SUI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.014%

Price spread now: Lighter against Gate+0.031%7-day average +0.036% · you sell dearer than you buy

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$370.374% of the position

Long on Gate Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.079%+$8 on $10k

Price spread, last 7 days+0.017%+$2 · spread now +0.031%, 7d avg +0.036%

Together, before fees+0.097%+ Points / potential airdropLighter: Season 3 · farm board+$10 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SUI_USDT	1.0167	0.0100	pay 0.0100% / 8h	2h 05m	$163.8M	$81.2M	50x
Short	Lighter SUI	1.0170	0.0096	get 0.0012% / 1h	5m 28s	$777K	$5.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Gate. 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 GatebpFee LighterbpOrdersPrice spread, now +0.031%Rate

Funding earned: −$0.84
Price spread: +0.031% → +0.036%: −$0.48
Slippage, 4 orders: −$22.43
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Lighter: 0 bp × 2 orders: $0
Net: −$38.75
Costs to cover: 0.374%
Break-even: never at this rate

Slippage from Gate: live order book, 4 min ago; Lighter: live order book, 3 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 Gate live order book, 4 min ago	0.98 bp	15.6 bp −$16	23.5 bp −$235	37.7 bp −$3,768	71.6 bp −$35.8K
Sell Lighter live order book, 3 min ago	0.49 bp	3.8 bp −$4	16.4 bp −$164	173.7 bp −$17.4K	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	−0.2398%	1h	1.0093	−0.728%	$41K	$123K	12x	as long as short
Hibachi SUI/USDT-P	−0.0488%	1h	1.0170	+0.032%	$6K	$18K	7x	as long as short
Reya SUIRUSDPERP	−0.0367%	1h	1.0164	−0.028%	$4K	$3K	20x	as long as short
Bluefin SUI-PERP	−0.0116%	1h	1.0153	−0.138%	$581K	$405K	25x	as long as short
Kraken Futures PF_SUIUSD	−0.0022%	1h	1.0170	+0.025%	$7.0M	$24.0M	50x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0167	+0.004%	$93K	$66K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0171	+0.043%	$457K	$5.5M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0168	+0.010%	$186K	$547K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0002%	1h	1.0165	−0.023%	$118K	—	150x	as long as short
01 Exchange SUIUSD	+0.0088%	1h	1.0172	+0.049%	$9K	$9K	10x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SUIshort	+0.0096%	1h	1.0170	+0.031%	$777K	$5.9M	10x
Lighter RH SUI	+0.0096%	1h	1.0173	+0.061%	$251K	$2.0M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0168	+0.010%	$36K	$503K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0098%	8h	1.0164	−0.030%	$44K	$376K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0168	+0.014%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0164	−0.025%	$594K	$1.3M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0171	+0.040%	$996K	$4.5M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0172	+0.049%	$219K	$261K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0169	+0.020%	$150.7M	$1.03B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0170	+0.025%	$101.8M	$306.9M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0167	0.000%	$40.7M	$380.9M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0170	+0.030%	$147K	$297K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0178	+0.113%	$239K	$2K	10x	as long as short
Gate SUI_USDTlong	+0.0100%	8h	1.0167	long leg	$163.8M	$81.2M	50x
MEXC SUI_USDT	+0.0100%	8h	1.0170	+0.030%	$147.4M	$299.3M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0167	0.000%	$51.9M	$51.5M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0162	−0.049%	$66.8M	$168.9M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0169	+0.020%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0163	−0.039%	$646K	$1.2M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0181	+0.141%	$2.2M	$2.8M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0181	+0.138%	$164K	$4.4M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0177	+0.099%	$441K	$7.1M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0175	+0.079%	$230K	$445K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0174	+0.069%	$106K	$785K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0181	+0.138%	$2K	$1.9M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0165	−0.020%	$6K	$2.4M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0163	−0.039%	$618K	$18.8M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0167	0.000%	$11.4M	$24.5M	50x	as long as short
Hyperliquid SUI	+0.0103%	1h	1.0176	+0.089%	$72.4M	$81.4M	10x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0167	−0.002%	$1.4M	$3.7M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0167	−0.004%	$48K	$37K	3x	as long as short
Coinbase International SUI-PERP-INTX	+0.0216%	1h	1.0203	+0.354%	$977K	$13.7M	50x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0176	+0.089%	$8.0M	$23.7M	100x	as long as short
Phoenix SUI	+0.0290%	1h	1.0205	+0.373%	$184K	$578K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0636% / S −0.0311%	1h	1.0162	−0.054%	$891K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.0658%	1h	1.0180	+0.123%	$91K	$381K	10x	as long as short