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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Popdex against Lighter+0.121%50s7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$270.273% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.266%−$27 · spread now +0.121%, 7d avg −0.020%
Together, before fees−0.266%+ Points / potential airdropLighter: Season 3 · farm board−$27 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Popdex is 0.141% dearer against Lighter than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.020%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SUI1.01920.0096pay 0.0012% / 1h24m 46s$789K$5.3M10x
ShortPopdex SUIUSDT1.02040.0096get 0.0012% / 1h24m 46s$37K$521K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex against Lighter. 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
$0
Price spread: +0.121% → −0.020%
$14.08
Slippage, 4 orders
−$20.91
Fee Lighter: 0 bp × 2 orders
$0
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$13.23
Costs to cover
0.273%
Break-even
27187157699660108.0 days
Slippage from Lighter: live order book, 13 min ago; Popdex: live order book, 19 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 live order book, 13 min ago4.15 bp4.6 bp −$511.7 bp −$11798.1 bp −$9,807doesn't fit
Sell Popdex live order book, 19 min ago3.01 bp8.1 bp −$825.8 bp −$258doesn'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%1h1.0009−1.793%$41K$113K12xas long as short
Reya SUIRUSDPERP−0.0380%1h1.0200+0.086%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0240%1h1.0195+0.028%$5K$21K7xas long as short
Bluefin SUI-PERP−0.0076%1h1.0182−0.095%$584K$425K25xas long as short
dYdX SUI-USD0.0000%1h1.0196+0.045%$96K$258K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0205+0.130%$373K$4.9M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0198+0.062%$196K$563K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0200+0.078%$115K150xas long as short
Lighter SUIlong+0.0096%1h1.0192long leg$789K$5.3M10x
Lighter RH SUI+0.0096%1h1.0202+0.099%$298K$2.2M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex SUIUSDTshort+0.0096%1h1.0204+0.121%$37K$521K50x
Orderly PERP_SUI_USDC+0.0100%8h1.0198+0.062%$47K$217K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0194+0.022%$27K$8K30xas long as short
Nado SUI-PERP+0.0100%1h1.0203+0.116%$538K$2.1M10xas long as short
Aster SUIUSDT+0.0100%8h1.0192+0.003%$900K$4.3M75xas long as short
Pacifica SUI+0.0100%1h1.0195+0.037%$218K$260K10xas long as short
Binance SUIUSDT+0.0100%8h1.0189−0.026%$145.8M$1.01B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0187−0.042%$98.8M$315.2M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0191−0.007%$41.2M$378.3M50xas long as short
Arcus SUI-USD+0.0100%1h1.0210+0.180%$43K$328K10xas long as short
Bulk SUI-USD+0.0100%1h1.0119−0.712%$238K$2K10xas long as short
Gate SUI_USDT+0.0100%8h1.0189−0.026%$167.5M$83.4M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0187−0.046%$152.7M$292.2M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0189−0.026%$50.1M$52.9M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0184−0.076%$67.1M$172.4M75xas long as short
BingX SUI-USDT+0.0100%8h1.0187−0.046%$87.2Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0189−0.026%$669K$1.3M20xas long as short
Variational Omni SUI+0.0100%8h1.0199+0.069%$2.4M$3.5Mas long as short
edgeX SUIUSDC+0.0100%4h1.0162−0.292%$163K$4.5M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0172−0.194%$440K$7.2M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0168−0.233%$223K$379K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0213+0.209%$127K$673K10xas long as short
SunX SUI-USDT+0.0100%8h1.0212+0.199%$2K$1.6M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0197+0.052%$6K$1.8M10xas long as short
HTX SUI-USDT+0.0100%8h1.0198+0.062%$623K$18.5M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0199+0.072%$11.8M$28.3M50xas long as short
Extended SUI-USD+0.0104%1h1.0183−0.085%$1.4M$4.0M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0200+0.082%$39K$11K3xas long as short
01 Exchange SUIUSD+0.0192%1h1.0209+0.170%$9K$2K10xas long as short
BloFin SUI-USDT+0.0220%8h1.0197+0.052%$7.6M$24.6M100xas long as short
Coinbase International SUI-PERP-INTX+0.0280%1h1.0206+0.140%$1.0M$14.7M50xas long as short
Kraken Futures PF_SUIUSD+0.0364%1h1.0200+0.086%$6.8M$22.4M50xas long as short
Phoenix SUI+0.0431%1h1.0208+0.161%$202K$413K10xas long as short
Hyperliquid SUI+0.0444%1h1.0201+0.091%$73.3M$81.3M10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0601% / S −0.0263%1h1.0166−0.249%$935K100xas long as short
Aftermath Perps SUIUSD+0.1371%1h1.0165−0.259%$82K$410K10xas long as short