Funding you earn now, next payment 01:00 UTC−0.0548%/8h= −60.0% APRnext payment −$0.68 per $10,000 · paid last 24h −0.129%
Price spread now: Lighter against GMX−0.098%7-day average −0.005% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.363%−$36 on $10k
+Price spread, last 3 days (all we have)+0.176%+$18 · spread now −0.098%, 7d avg −0.005%
=Together, before fees−0.186%+ Points / potential airdropLighter: Season 3 · farm board−$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Lighter is 0.093% cheaper against GMX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.005%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX SUI/USD [ETH-USDC] | 1.0794 | L +0.0644% / S −0.0332% | pay 0.0080% / 1h | 9m 56s | $955K | — | 100x |
| Short | Lighter SUI | 1.0783 | 0.0096 | get 0.0012% / 1h | 9m 56s | $841K | $5.9M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against GMX. 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
- −$115.07
- Price spread: −0.098% → −0.005%
- −$9.32
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$136.39
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Lighter: live order book, 3 min ago. Net counts fees only.
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 GMX no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 3 min ago | 3.96 bp | 8.8 bp −$9 | 18.1 bp −$181 | 117.6 bp −$11.8K | doesn't fit |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.3416% | 1h | 1.0537 | −2.381% | $43K | $123K | 12x | as long as short |
| Hibachi SUI/USDT-P | −0.0496% | 1h | 1.0707 | −0.809% | $6K | $18K | 7x | as long as short |
| Bluefin SUI-PERP | −0.0467% | 1h | 1.0774 | −0.185% | $618K | $413K | 25x | as long as short |
| Reya SUIRUSDPERP | −0.0371% | 1h | 1.0793 | −0.010% | $4K | $3K | 20x | as long as short |
| Phemex SUIUSDT | −0.0231% | 8h | 1.0778 | −0.148% | $12.0M | $25.2M | 50x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0803 | +0.086% | $98K | $171K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0793 | −0.013% | $585K | $4.9M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0792 | −0.018% | $210K | $581K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0794 | −0.004% | $116K | — | 150x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0037% | 1h | 1.0785 | −0.081% | $7.5M | $24.1M | 50x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUIUSD | +0.0048% | 1h | 1.0807 | +0.121% | $9K | $9K | 10x | as long as short |
| Lighter SUIshort | +0.0096% | 1h | 1.0783 | −0.098% | $841K | $5.9M | 10x | |
| Lighter RH SUI | +0.0096% | 1h | 1.0781 | −0.124% | $288K | $2.1M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0805 | +0.102% | $34K | $475K | 50x | as long as short |
| Nado SUI-PERP | +0.0096% | 1h | 1.0804 | +0.097% | $710K | $1.5M | 10x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0789 | −0.046% | $51K | $309K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0813 | +0.176% | $28K | $9K | 30x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0785 | −0.083% | $1.1M | $4.8M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0802 | +0.077% | $236K | $251K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0794 | +0.002% | $159.4M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0803 | +0.084% | $107.8M | $307.6M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0794 | 0.000% | $42.8M | $401.9M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0800 | +0.056% | $48K | $381K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0632 | −1.501% | $250K | $3K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0778 | −0.148% | $175.6M | $83.4M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0790 | −0.037% | $158.3M | $302.1M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0790 | −0.037% | $52.3M | $53.2M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0784 | −0.092% | $70.2M | $169.1M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0793 | −0.009% | — | $82.0M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0777 | −0.157% | $687K | $1.1M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0714 | −0.743% | $2.4M | $3.0M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0704 | −0.829% | $174K | $4.6M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0713 | −0.753% | $461K | $7.3M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0712 | −0.759% | $238K | $490K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0812 | +0.167% | $124K | $750K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0803 | +0.084% | $3K | $1.8M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0779 | −0.139% | $6K | $2.2M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0805 | +0.102% | $675K | $19.1M | 75x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0786 | −0.073% | $1.5M | $4.0M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0785 | −0.080% | $41K | $16K | 3x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0200% | 1h | 1.0784 | −0.092% | $1.0M | $15.0M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0709 | −0.787% | $8.2M | $25.9M | 100x | as long as short |
| Phoenix SUI | +0.0299% | 1h | 1.0718 | −0.702% | $212K | $590K | 10x | as long as short |
| Hyperliquid SUI | +0.0441% | 1h | 1.0789 | −0.046% | $78.0M | $79.8M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC]long | L +0.0644% / S −0.0332% | 1h | 1.0794 | long leg | $955K | — | 100x | |
| Aftermath Perps SUIUSD | +0.0855% | 1h | 1.0719 | −0.697% | $79K | $379K | 10x | as long as short |
GMX SUI/USD [ETH-USDC]
Lighter SUI
Injective SUI/USDC PERP
Bluefin SUI-PERP
Phemex SUIUSDT
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Kraken Futures PF_SUIUSD
01 Exchange SUIUSD
Lighter RH SUI
Popdex SUIUSDT
Paradex SUI-USD-PERP
Aster SUIUSDT
Pacifica SUI
Binance SUIUSDT
Bybit SUIUSDT
OKX SUI-USDT-SWAP
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
Extended SUI-USD
Coinbase International SUI-PERP-INTX
BloFin SUI-USDT
Phoenix SUI
Hyperliquid SUI
Aftermath Perps SUIUSD