Funding you earn now, next payment 05:00 UTC+0.0045%/8h= +4.9% APRnext payment +$0.06 per $10,000 · paid last 24h +0.072%
Price spread now: Lighter against Bluefin−0.004%7-day average +0.132% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$390.390% of the position
Funding, last 7 days−0.110%−$11 on $10k
+Price spread, last 4 days (all we have)+0.140%+$14 · spread now −0.004%, 7d avg +0.132%
=Together, before fees+0.030%+ Points / potential airdropLighter: Season 3 · farm board+$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.136% cheaper against Bluefin than usual: you would sell low and buy high (spread −0.004% now, against its 7-day average of +0.132%). If the spread goes back, that is −$14 on $10k: about 10 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.110%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bluefin SUI-PERP | 1.0306 | 0.0051 | pay 0.0006% / 1h | 29m 39s | $590K | $406K | 25x |
| Short | Lighter SUI | 1.0306 | 0.0096 | get 0.0012% / 1h | 29m 39s | $789K | $5.4M | 10x |
Bluefin SUI-PERP
Lighter SUIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bluefin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $9.42
- Price spread: −0.004% → +0.132%
- −$13.64
- Slippage, 4 orders
- −$32.04
- Fee Bluefin: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$43.25
- Costs to cover
- 0.390%
- Break-even
- 39.1 days
Slippage from Bluefin: live order book, 24 min ago; Lighter: live order book, 8 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 Bluefin live order book, 24 min ago | 2.90 bp | 17.3 bp −$17 | 75.1 bp −$751 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 8 min ago | 1.69 bp | 4.0 bp −$4 | 13.3 bp −$133 | 111.3 bp −$11.1K | 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 | −0.3470% | 1h | 1.0224 | −0.796% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0377% | 1h | 1.0318 | +0.113% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0216% | 1h | 1.0306 | −0.004% | $6K | $19K | 7x | as long as short |
| Kraken Futures PF_SUIUSD | −0.0067% | 1h | 1.0320 | +0.132% | $6.8M | $26.5M | 50x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0304 | −0.020% | $129K | $227K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0338 | +0.307% | $488K | $5.0M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0319 | +0.126% | $200K | $572K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0315 | +0.087% | $116K | — | 150x | as long as short |
| Bluefin SUI-PERPlong | +0.0051% | 1h | 1.0306 | long leg | $590K | $406K | 25x | |
| Lighter SUIshort | +0.0096% | 1h | 1.0306 | −0.004% | $789K | $5.4M | 10x |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
Kraken Futures PF_SUIUSD
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USDShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SUI | +0.0096% | 1h | 1.0306 | +0.003% | $307K | $2.2M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0321 | +0.146% | $45K | $515K | 50x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0310 | +0.042% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0314 | +0.082% | $585K | $2.0M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0305 | −0.011% | $890K | $4.5M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0303 | −0.029% | $222K | $254K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0302 | −0.035% | $148.8M | $1.02B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0297 | −0.085% | $101.3M | $307.7M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0296 | −0.097% | $40.4M | $385.0M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0330 | +0.233% | $44K | $330K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0310 | +0.039% | $242K | $5K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0302 | −0.039% | $167.5M | $81.5M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0303 | −0.029% | $153.0M | $294.0M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0300 | −0.058% | $50.4M | $54.1M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0292 | −0.136% | $67.2M | $172.4M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0303 | −0.029% | — | $82.1M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0311 | +0.049% | $651K | $1.3M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0342 | +0.346% | $2.5M | $3.4M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0308 | +0.020% | $168K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0309 | +0.029% | $444K | $7.6M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0310 | +0.039% | $226K | $431K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0329 | +0.223% | $124K | $735K | 10x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0316 | +0.097% | $47K | $163K | 20x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0368 | +0.602% | $2K | $1.7M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0318 | +0.116% | $15K | $2.0M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0314 | +0.078% | $588K | $19.5M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0320 | +0.136% | $11.8M | $27.0M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0297 | −0.083% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0324 | +0.175% | $39K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0152% | 1h | 1.0321 | +0.146% | $9K | $3K | 10x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0340 | +0.330% | $7.8M | $24.8M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0248% | 1h | 1.0329 | +0.223% | $978K | $15.1M | 50x | as long as short |
| Hyperliquid SUI | +0.0405% | 1h | 1.0313 | +0.068% | $74.6M | $80.9M | 10x | as long as short |
| Phoenix SUI | +0.0408% | 1h | 1.0326 | +0.191% | $209K | $415K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0611% / S −0.0266% | 1h | 1.0315 | +0.087% | $955K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1491% | 1h | 1.0329 | +0.223% | $82K | $402K | 10x | as long as short |
Lighter RH SUI
Popdex SUIUSDT
Paradex SUI-USD-PERP
Nado SUI-PERP
Aster SUIUSDT
Pacifica SUI
Binance SUIUSDT
Bybit SUIUSDT
OKX SUI-USDT-SWAP
Arcus SUI-USD
Bulk SUI-USD
Gate SUI_USDT
MEXC SUI_USDT
KuCoin SUIUSDTM
Bitget SUIUSDT
BingX SUI-USDT
Backpack SUI_USDC_PERP
Variational Omni SUI
edgeX SUIUSDC
GRVT SUI_USDT_Perp
ApeX Omni SUIUSDT
Polymarket Perps SUI-USD
Orderly PERP_SUI_USDC
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
Extended SUI-USD
Aevo SUI-PERP
01 Exchange SUIUSD
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Hyperliquid SUI
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD