Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.019%
Price spread now: Lighter RH against GRVT+0.069%49s7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$330.331% of the position
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 4 days (all we have)+0.068%+$7 · spread now +0.069%, 7d avg +0.048%
=Together, before fees+0.035%+ Points / potential airdropGRVT: Active · Lighter RH: Points live · farm board+$4 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: Lighter RH is 0.022% dearer against GRVT than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.048%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT SUI_USDT_Perp | 1.0448 | 0.0100 | pay 0.0100% / 8h | 7h 38m | $451K | $7.2M | 10x |
| Short | Lighter RH SUI | 1.0455 | 0.0096 | get 0.0012% / 1h | 38m 23s | $268K | $2.0M | 10x |
GRVT SUI_USDT_Perp
Lighter RH SUIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against GRVT. 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
- −$0.84
- Price spread: +0.069% → +0.048%
- $2.19
- Slippage, 4 orders
- −$24.13
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$31.78
- Costs to cover
- 0.331%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 6 min ago; Lighter RH: live order book, 4 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 GRVT live order book, 6 min ago | 5.76 bp | 11.2 bp −$11 | 14.3 bp −$143 | 3568.4 bp −$356.8K | doesn't fit |
| Sell Lighter RH live order book, 4 min ago | 3.20 bp | 4.2 bp −$4 | 18.3 bp −$183 | doesn't fit | 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 | −0.3416% | 1h | 1.0273 | −1.671% | $42K | $123K | 12x | as long as short |
| Hibachi SUI/USDT-P | −0.0416% | 1h | 1.0448 | +0.009% | $6K | $19K | 7x | as long as short |
| Reya SUIRUSDPERP | −0.0371% | 1h | 1.0467 | +0.191% | $4K | $3K | 20x | as long as short |
| Bluefin SUI-PERP | −0.0241% | 1h | 1.0460 | +0.119% | $600K | $408K | 25x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0458 | +0.103% | $96K | $169K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0454 | +0.059% | $480K | $5.0M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0442 | −0.053% | $203K | $583K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0002% | 1h | 1.0472 | +0.234% | $121K | — | 150x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0038% | 1h | 1.0443 | −0.046% | $7.3M | $24.0M | 50x | as long as short |
| 01 Exchange SUIUSD | +0.0080% | 1h | 1.0461 | +0.129% | $9K | $9K | 10x | as long as short |
Injective SUI/USDC PERP
Hibachi SUI/USDT-P
Reya SUIRUSDPERP
Bluefin SUI-PERP
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Kraken Futures PF_SUIUSD
01 Exchange SUIUSDShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex SUIUSDT | +0.0084% | 8h | 1.0442 | −0.053% | $11.7M | $25.0M | 50x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0449 | +0.015% | $807K | $5.8M | 10x | as long as short |
| Lighter RH SUIshort | +0.0096% | 1h | 1.0455 | +0.069% | $268K | $2.0M | 10x | |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0467 | +0.186% | $33K | $484K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0468 | +0.196% | $47K | $314K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0460 | +0.121% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0468 | +0.196% | $660K | $1.4M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0469 | +0.209% | $994K | $4.8M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0456 | +0.076% | $227K | $256K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0469 | +0.207% | $155.5M | $1.02B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0474 | +0.257% | $105.0M | $305.7M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0466 | +0.177% | $41.8M | $387.6M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0470 | +0.215% | $46K | $387K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0450 | +0.020% | $246K | $813 | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0466 | +0.177% | $168.7M | $80.5M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0466 | +0.177% | $152.3M | $292.4M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0468 | +0.196% | $51.1M | $52.9M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0461 | +0.129% | $68.9M | $166.2M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0469 | +0.205% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0443 | −0.043% | $678K | $1.1M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0445 | −0.025% | $2.3M | $2.9M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0446 | −0.014% | $170K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perplong | +0.0100% | 8h | 1.0448 | long leg | $451K | $7.2M | 10x | |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0462 | +0.138% | $240K | $479K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0482 | +0.330% | $120K | $757K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0460 | +0.119% | $3K | $1.9M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0438 | −0.091% | $6K | $2.3M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0440 | −0.072% | $651K | $18.6M | 75x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0464 | +0.156% | $1.5M | $3.9M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0471 | +0.220% | $40K | $16K | 3x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0200% | 1h | 1.0449 | +0.014% | $993K | $14.3M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0450 | +0.024% | $8.1M | $24.4M | 100x | as long as short |
| Phoenix SUI | +0.0299% | 1h | 1.0454 | +0.059% | $207K | $590K | 10x | as long as short |
| Hyperliquid SUI | +0.0367% | 1h | 1.0487 | +0.378% | $76.3M | $78.7M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0638% / S −0.0324% | 1h | 1.0469 | +0.202% | $911K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.0895% | 1h | 1.0441 | −0.063% | $93K | $368K | 10x | as long as short |
Phemex SUIUSDT
Lighter SUI
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-USDC
Backpack SUI_USDC_PERP
Variational Omni SUI
edgeX SUIUSDC
ApeX Omni SUIUSDT
Polymarket Perps SUI-USD
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Extended SUI-USD
Aevo SUI-PERP
Coinbase International SUI-PERP-INTX
BloFin SUI-USDT
Phoenix SUI
Hyperliquid SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD