Funding you earn now, next payment 22:00 UTC−0.0152%/8h= −16.6% APRnext payment −$0.19 per $10,000 · paid last 24h −0.083%
Price spread now: Lighter against Coinbase International−0.002%7-day average −0.096% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$350.349% of the position
Funding, last 7 days−0.355%−$36 on $10k
+Price spread, last 3 days (all we have)−0.001%$0 · spread now −0.002%, 7d avg −0.096%
=Together, before fees−0.356%+ Points / potential airdropLighter: Season 3 · farm board−$36 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.094% dearer against Coinbase International than usual: you sell high and buy low (spread −0.002% now, against its 7-day average of −0.096%): +$9 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 2.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SUI-PERP-INTX | 1.0242 | 0.0248 | pay 0.0031% / 1h | 9m 32s | $972K | $13.9M | 50x |
| Short | Lighter SUI | 1.0242 | 0.0096 | get 0.0012% / 1h | 9m 32s | $785K | $5.9M | 10x |
Coinbase International SUI-PERP-INTX
Lighter SUIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Coinbase International. 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
- −$31.92
- Price spread: −0.002% → −0.096%
- $9.39
- Slippage, 4 orders
- −$24.95
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$57.48
- Costs to cover
- 0.349%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 5 min ago; Lighter: live order book, 9 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 Coinbase International live order book, 5 min ago | 4.87 bp | 11.8 bp −$12 | 20.8 bp −$208 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 9 min ago | 2.69 bp | 3.7 bp −$4 | 11.7 bp −$117 | 154.1 bp −$15.4K | 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 | −0.2926% | 1h | 1.0157 | −0.830% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0368% | 1h | 1.0236 | −0.056% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0248% | 1h | 1.0243 | +0.009% | $6K | $19K | 7x | as long as short |
| Bluefin SUI-PERP | −0.0154% | 1h | 1.0224 | −0.176% | $586K | $405K | 25x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0241 | −0.009% | $93K | $66K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0242 | +0.005% | $457K | $5.5M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0236 | −0.059% | $189K | $575K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0002% | 1h | 1.0235 | −0.068% | $118K | — | 150x | as long as short |
| Lighter SUIshort | +0.0096% | 1h | 1.0242 | −0.002% | $785K | $5.9M | 10x | |
| Lighter RH SUI | +0.0096% | 1h | 1.0242 | +0.004% | $258K | $2.0M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
Bluefin SUI-PERP
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Lighter RH SUIShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex SUIUSDT | +0.0096% | 1h | 1.0238 | −0.039% | $37K | $500K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0099% | 8h | 1.0233 | −0.088% | $45K | $330K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0243 | +0.010% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0237 | −0.044% | $591K | $1.4M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0242 | +0.002% | $1.0M | $4.5M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0243 | +0.010% | $222K | $263K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0241 | −0.012% | $150.6M | $1.02B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0240 | −0.016% | $102.4M | $307.0M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0238 | −0.039% | $41.0M | $382.0M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0250 | +0.078% | $45K | $387K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0242 | +0.001% | $241K | $2K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0242 | 0.000% | $164.6M | $80.9M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0244 | +0.020% | $148.5M | $297.6M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0239 | −0.029% | $51.4M | $52.1M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0234 | −0.078% | $67.2M | $168.4M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0243 | +0.010% | — | $81.7M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0236 | −0.059% | $653K | $1.1M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0240 | −0.018% | $2.3M | $2.8M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0239 | −0.028% | $165K | $4.4M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0238 | −0.036% | $448K | $7.0M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0235 | −0.068% | $232K | $441K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0248 | +0.059% | $107K | $793K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0248 | +0.059% | $2K | $1.9M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0235 | −0.068% | $6K | $2.4M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0233 | −0.088% | $630K | $18.6M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0241 | −0.010% | $11.5M | $24.7M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0241 | −0.011% | $1.4M | $3.7M | 50x | as long as short |
| 01 Exchange SUIUSD | +0.0104% | 1h | 1.0251 | +0.088% | $9K | $9K | 10x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0235 | −0.067% | $48K | $37K | 3x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0237 | −0.049% | $7.9M | $23.7M | 100x | as long as short |
| Coinbase International SUI-PERP-INTXlong | +0.0248% | 1h | 1.0242 | long leg | $972K | $13.9M | 50x | |
| Kraken Futures PF_SUIUSD | +0.0297% | 1h | 1.0241 | −0.009% | $7.1M | $24.1M | 50x | as long as short |
| Phoenix SUI | +0.0346% | 1h | 1.0257 | +0.143% | $203K | $574K | 10x | as long as short |
| Hyperliquid SUI | +0.0528% | 1h | 1.0252 | +0.098% | $73.2M | $80.2M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0636% / S −0.0309% | 1h | 1.0234 | −0.083% | $894K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.0750% | 1h | 1.0247 | +0.045% | $93K | $381K | 10x | as long as short |
Popdex SUIUSDT
Orderly PERP_SUI_USDC
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
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
Extended SUI-USD
01 Exchange SUIUSD
Aevo SUI-PERP
BloFin SUI-USDT
Kraken Futures PF_SUIUSD
Phoenix SUI
Hyperliquid SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD