Funding you earn now, next payment 03:00 UTC−0.0614%/8h= −67.2% APRnext payment −$0.77 per $10,000 · paid last 24h −0.105%
Price spread now: Lighter against Hyperliquid−0.038%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$290.285% of the position
Funding, last 7 days−0.173%−$17 on $10k
+Price spread, last 7 days+0.102%+$10 · spread now −0.038%, 7d avg −0.047%
=Together, before fees−0.071%+ Points / potential airdropHyperliquid: Season 2 · Lighter: Season 3 · farm board−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.047%, so right now this pair is about funding alone: −$18 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.173% in total (about -9.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.77 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid SUI | 1.0643 | 0.0710 | pay 0.0089% / 1h | 17m 41s | $77.9M | $81.3M | 10x |
| Short | Lighter SUI | 1.0639 | 0.0096 | get 0.0012% / 1h | 17m 41s | $847K | $5.6M | 10x |
Hyperliquid SUI
Lighter SUIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Hyperliquid. 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
- −$128.86
- Price spread: −0.038% → −0.047%
- $0.93
- Slippage, 4 orders
- −$19.52
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$156.45
- Costs to cover
- 0.285%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 6 min ago; Lighter: live order book, 5 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 Hyperliquid live order book, 6 min ago | 0.47 bp | 9.6 bp −$10 | 15.9 bp −$159 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 5 min ago | 3.10 bp | 6.6 bp −$7 | 15.4 bp −$154 | 269.8 bp −$27.0K | 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 | −0.3542% | 1h | 1.0488 | −1.456% | $43K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0374% | 1h | 1.0605 | −0.360% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0240% | 1h | 1.0631 | −0.116% | $6K | $19K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0635 | −0.076% | $133K | $210K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0623 | −0.186% | $533K | $4.9M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0606 | −0.348% | $206K | $575K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0598 | −0.422% | $115K | — | 150x | as long as short |
| Lighter SUIshort | +0.0096% | 1h | 1.0639 | −0.038% | $847K | $5.6M | 10x | |
| Lighter RH SUI | +0.0096% | 1h | 1.0636 | −0.061% | $289K | $2.1M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0625 | −0.169% | $37K | $509K | 50x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Lighter RH SUI
Popdex SUIUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0628 | −0.140% | $28K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0609 | −0.319% | $728K | $1.9M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0633 | −0.097% | $929K | $4.7M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0636 | −0.063% | $233K | $259K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0633 | −0.094% | $155.6M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0630 | −0.123% | $104.8M | $308.7M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0625 | −0.169% | $42.3M | $393.8M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0630 | −0.122% | $45K | $373K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0557 | −0.808% | $248K | $4K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0629 | −0.132% | $171.0M | $83.5M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0628 | −0.141% | $154.3M | $294.8M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0632 | −0.103% | $51.8M | $53.8M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0622 | −0.197% | $69.3M | $169.5M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0627 | −0.150% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0629 | −0.132% | $723K | $1.3M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0647 | +0.033% | $2.5M | $3.3M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0636 | −0.070% | $173K | $4.6M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0608 | −0.328% | $460K | $7.5M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0653 | +0.094% | $241K | $484K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0620 | −0.216% | $114K | $747K | 10x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0607 | −0.338% | $48K | $235K | 20x | as long as short |
| Bluefin SUI-PERP | +0.0100% | 1h | 1.0594 | −0.460% | $606K | $404K | 25x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0623 | −0.188% | $2K | $1.8M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0612 | −0.291% | $15K | $2.1M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0633 | −0.094% | $607K | $19.6M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0624 | −0.179% | $11.9M | $26.4M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0623 | −0.190% | $1.5M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0619 | −0.221% | $40K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0176% | 1h | 1.0631 | −0.113% | $9K | $3K | 10x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0176% | 1h | 1.0605 | −0.357% | $997K | $15.0M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0618 | −0.235% | $8.0M | $25.5M | 100x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0283% | 1h | 1.0617 | −0.248% | $6.9M | $26.9M | 50x | as long as short |
| Phoenix SUI | +0.0362% | 1h | 1.0636 | −0.067% | $216K | $561K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0626% / S −0.0272% | 1h | 1.0597 | −0.432% | $987K | — | 100x | as long as short |
| Hyperliquid SUIlong | +0.0710% | 1h | 1.0643 | long leg | $77.9M | $81.3M | 10x | |
| Aftermath Perps SUIUSD | +0.1379% | 1h | 1.0611 | −0.303% | $85K | $390K | 10x | as long as short |
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
GRVT SUI_USDT_Perp
ApeX Omni SUIUSDT
Polymarket Perps SUI-USD
Orderly PERP_SUI_USDC
Bluefin SUI-PERP
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
Extended SUI-USD
Aevo SUI-PERP
01 Exchange SUIUSD
Coinbase International SUI-PERP-INTX
BloFin SUI-USDT
Kraken Futures PF_SUIUSD
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD