Funding arb · Price arb /

SUI

all SUI markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: Lighter RH against Gate+0.064%7-day average +0.057% · you sell dearer than you buy

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$430.427% of the position

Long on Gate Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days+0.023%+$2 on $10k

Price spread, last 4 days (all we have)+0.015%+$2 · spread now +0.064%, 7d avg +0.057%

Together, before fees+0.038%+ Points / potential airdropLighter RH: Points live · farm board+$4 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	1.0363	0.0100	pay 0.0100% / 8h	18m 45s	$166.5M	$81.4M	50x
Short	Lighter RH SUI	1.0370	0.0096	get 0.0012% / 1h	18m 45s	$261K	$2.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH 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 Lighter RHbpOrdersPrice spread, now +0.064%Rate

Funding earned: −$0.84
Price spread: +0.064% → +0.057%: $0.69
Slippage, 4 orders: −$27.75
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$42.9
Costs to cover: 0.427%
Break-even: never at this rate

Slippage from Gate: live order book, 5 min ago; Lighter RH: live order book, 4 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, 5 min ago	0.97 bp	17.5 bp −$17	29.3 bp −$293	43.7 bp −$4,371	77.6 bp −$38.8K
Sell Lighter RH live order book, 4 min ago	3.43 bp	5.2 bp −$5	18.1 bp −$181	doesn't fit	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	−0.3474%	1h	1.0240	−1.187%	$42K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0370%	1h	1.0360	−0.033%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0328%	1h	1.0344	−0.184%	$6K	$19K	7x	as long as short
Bluefin SUI-PERP	−0.0058%	1h	1.0355	−0.077%	$593K	$406K	25x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0347	−0.151%	$97K	$173K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0362	−0.014%	$464K	$5.3M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0370	+0.068%	$201K	$581K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0002%	1h	1.0366	+0.031%	$119K	—	150x	as long as short
01 Exchange SUIUSD	+0.0088%	1h	1.0364	+0.010%	$9K	$9K	10x	as long as short
Lighter SUI	+0.0096%	1h	1.0362	−0.010%	$795K	$5.9M	10x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SUIshort	+0.0096%	1h	1.0370	+0.064%	$261K	$2.0M	10x
Popdex SUIUSDT	+0.0096%	1h	1.0362	−0.010%	$40K	$496K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0366	+0.029%	$46K	$328K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0345	−0.178%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0368	+0.043%	$601K	$1.4M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0366	+0.025%	$1.0M	$4.7M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0352	−0.110%	$225K	$260K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0364	+0.010%	$153.0M	$1.03B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0365	+0.019%	$104.0M	$307.4M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0359	−0.039%	$41.5M	$387.8M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0370	+0.068%	$46K	$387K	10x	as long as short
Gate SUI_USDTlong	+0.0100%	8h	1.0363	long leg	$166.5M	$81.4M	50x
MEXC SUI_USDT	+0.0100%	8h	1.0363	0.000%	$150.5M	$291.5M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0359	−0.039%	$51.6M	$52.5M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0358	−0.048%	$68.1M	$168.0M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0362	−0.010%	—	$6.6M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0362	−0.010%	$665K	$1.1M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0353	−0.096%	$2.3M	$2.8M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0329	−0.331%	$168K	$4.4M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0342	−0.203%	$447K	$7.0M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0329	−0.328%	$234K	$442K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0371	+0.077%	$109K	$775K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0381	+0.174%	$2K	$1.9M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0367	+0.039%	$7K	$2.3M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0366	+0.029%	$645K	$18.5M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0361	−0.019%	$11.6M	$24.9M	50x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0359	−0.039%	$244K	$2K	10x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0360	−0.029%	$1.4M	$3.8M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0372	+0.090%	$49K	$37K	3x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0369	+0.058%	$8.0M	$24.2M	100x	as long as short
Coinbase International SUI-PERP-INTX	+0.0224%	1h	1.0351	−0.116%	$991K	$14.0M	50x	as long as short
Kraken Futures PF_SUIUSD	+0.0272%	1h	1.0372	+0.085%	$7.2M	$24.1M	50x	as long as short
Phoenix SUI	+0.0327%	1h	1.0357	−0.054%	$206K	$593K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0636% / S −0.0304%	1h	1.0368	+0.045%	$896K	—	100x	as long as short
Hyperliquid SUI	+0.0657%	1h	1.0378	+0.143%	$75.1M	$80.9M	10x	as long as short
Aftermath Perps SUIUSD	+0.0812%	1h	1.0357	−0.059%	$93K	$382K	10x	as long as short