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: Deribit against Lighter RH−0.053%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as 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)+0.097%+$10 · spread now −0.053%, 7d avg 0.000%
Together, before fees+0.132%+ Points / potential airdropLighter RH: Points live · farm board+$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.053% cheaper against Lighter RH than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of 0.000%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SUI1.02190.0096pay 0.0012% / 1h19m 09s$299K$2.2M10x
ShortDeribit SUI_USDC-PERPETUAL1.02140get 0.0000% / 1h19m 09s$196K$561K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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

Funding earned
−$20.16
Price spread: −0.053% → 0.000%
−$5.32
Slippage, 4 orders
−$17.85
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$50.33
Costs to cover
0.249%
Break-even
never at this rate
Slippage from Lighter RH: live order book, 4 min ago; Deribit: live order book, 25 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 RH live order book, 4 min ago3.39 bp3.7 bp −$413.8 bp −$138doesn't fitdoesn't fit
Sell Deribit live order book, 25 min ago4.93 bp8.4 bp −$8doesn't fitdoesn'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%1h1.0080−1.364%$41K$113K12xas long as short
Reya SUIRUSDPERP−0.0380%1h1.0209−0.102%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0248%1h1.0200−0.190%$5K$21K7xas long as short
Bluefin SUI-PERP−0.0094%1h1.0197−0.219%$585K$423K25xas long as short
dYdX SUI-USD0.0000%1h1.0214−0.051%$96K$258K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0215−0.039%$373K$4.9M2.5xas long as short
Deribit SUI_USDC-PERPETUALshort0.0000%1h1.0214−0.053%$196K$561K25x
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0187−0.321%$115K150xas long as short
Lighter SUI+0.0096%1h1.0220+0.003%$784K$5.3M10xas long as short
Lighter RH SUIlong+0.0096%1h1.0219long leg$299K$2.2M10x
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex SUIUSDT+0.0096%1h1.0215−0.043%$38K$521K50xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0212−0.072%$47K$218K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0215−0.044%$27K$8K30xas long as short
Nado SUI-PERP+0.0100%1h1.0206−0.126%$693K$2.2M10xas long as short
Aster SUIUSDT+0.0100%8h1.0214−0.055%$902K$4.3M75xas long as short
Pacifica SUI+0.0100%1h1.0214−0.051%$218K$258K10xas long as short
Binance SUIUSDT+0.0100%8h1.0217−0.023%$146.2M$1.01B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0212−0.068%$98.9M$314.4M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0215−0.043%$41.3M$376.8M50xas long as short
Arcus SUI-USD+0.0100%1h1.0220+0.006%$43K$328K10xas long as short
Bulk SUI-USD+0.0100%1h1.0191−0.282%$240K$1K10xas long as short
Gate SUI_USDT+0.0100%8h1.0214−0.053%$168.0M$83.5M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0216−0.033%$153.2M$292.6M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0214−0.053%$50.2M$52.7M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0213−0.063%$67.2M$171.6M75xas long as short
BingX SUI-USDC+0.0100%8h1.0215−0.043%$6.5Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0216−0.033%$671K$1.3M20xas long as short
Variational Omni SUI+0.0100%8h1.0182−0.369%$2.4M$3.5Mas long as short
edgeX SUIUSDC+0.0100%4h1.0176−0.423%$163K$4.5M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0180−0.387%$443K$7.1M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0191−0.278%$224K$379K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0220+0.006%$127K$611K10xas long as short
SunX SUI-USDT+0.0100%8h1.0231+0.114%$2K$1.6M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0216−0.033%$6K$1.8M10xas long as short
HTX SUI-USDT+0.0100%8h1.0214−0.053%$630K$18.4M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0214−0.053%$11.8M$28.2M50xas long as short
Extended SUI-USD+0.0104%1h1.0207−0.117%$1.4M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0218−0.014%$39K$11K3xas long as short
01 Exchange SUIUSD+0.0200%1h1.0220+0.006%$9K$2K10xas long as short
BloFin SUI-USDT+0.0220%8h1.0217−0.023%$7.6M$24.6M100xas long as short
Coinbase International SUI-PERP-INTX+0.0280%1h1.0227+0.074%$1.0M$14.7M50xas long as short
Kraken Futures PF_SUIUSD+0.0363%1h1.0218−0.013%$6.8M$22.2M50xas long as short
Phoenix SUI+0.0431%1h1.0219+0.001%$202K$413K10xas long as short
Hyperliquid SUI+0.0444%1h1.0228+0.084%$73.7M$81.4M10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0602% / S −0.0263%1h1.0212−0.075%$939K100xas long as short
Aftermath Perps SUIUSD+0.1376%1h1.0192−0.273%$82K$410K10xas long as short