Funding you earn now, next payment 02:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.02 per $10,000 · paid last 24h −0.079%
Price spread now: Bluefin against Lighter−0.284%7-day average −0.131% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$400.397% of the position
Funding, last 7 days+0.111%+$11 on $10k
+Price spread, last 3 days (all we have)+0.125%+$12 · spread now −0.284%, 7d avg −0.131%
=Together, before fees+0.235%+ Points / potential airdropLighter: Season 3 · farm board+$24 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Bluefin is 0.153% cheaper against Lighter than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.131%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.111%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SUI | 1.0405 | 0.0096 | pay 0.0012% / 1h | 22m 23s | $824K | $5.7M | 10x |
| Short | Bluefin SUI-PERP | 1.0375 | 0.0082 | get 0.0010% / 1h | 22m 23s | $594K | $415K | 25x |
Lighter SUI
Bluefin SUI-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bluefin against Lighter. 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
- −$2.85
- Price spread: −0.284% → −0.131%
- −$15.35
- Slippage, 4 orders
- −$32.73
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bluefin: 3.5 bp × 2 orders
- −$7
- Net
- −$57.93
- Costs to cover
- 0.397%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 6 min ago; Bluefin: live order book, 47 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 Lighter live order book, 6 min ago | 5.00 bp | 7.0 bp −$7 | 14.2 bp −$142 | 102.6 bp −$10.3K | doesn't fit |
| Sell Bluefin live order book, 47 min ago | 2.32 bp | 12.8 bp −$13 | 55.8 bp −$558 | doesn't fit | doesn't fit |
SUI on 45 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 | −0.4499% | 1h | 1.0236 | −1.620% | $42K | $123K | 12x | as long as short |
| Hibachi SUI/USDT-P | −0.0408% | 1h | 1.0369 | −0.338% | $6K | $19K | 7x | as long as short |
| Reya SUIRUSDPERP | −0.0372% | 1h | 1.0397 | −0.069% | $4K | $3K | 20x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0400 | −0.043% | $95K | $171K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0390 | −0.136% | $508K | $5.1M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0387 | −0.169% | $202K | $578K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0388 | −0.156% | $113K | — | 150x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0012% | 1h | 1.0382 | −0.218% | $6.8M | $27.0M | 50x | as long as short |
| Bluefin SUI-PERPshort | +0.0082% | 1h | 1.0375 | −0.284% | $594K | $415K | 25x | |
| Lighter SUIlong | +0.0096% | 1h | 1.0405 | long leg | $824K | $5.7M | 10x |
Injective SUI/USDC PERP
Hibachi SUI/USDT-P
Reya SUIRUSDPERP
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Kraken Futures PF_SUIUSDShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SUI | +0.0096% | 1h | 1.0404 | −0.010% | $277K | $2.1M | 10x | as long as short |
| 01 Exchange SUIUSD | +0.0096% | 1h | 1.0402 | −0.025% | $9K | $3K | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0401 | −0.035% | $31K | $493K | 50x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0414 | +0.086% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0403 | −0.015% | $750K | $1.9M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0406 | +0.010% | $915K | $5.0M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0403 | −0.017% | $227K | $269K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0395 | −0.089% | $152.0M | $1.05B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0392 | −0.125% | $103.2M | $312.5M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0391 | −0.131% | $41.1M | $392.2M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0400 | −0.044% | $44K | $373K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0400 | −0.044% | $245K | $3K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0398 | −0.063% | $164.4M | $84.3M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0399 | −0.054% | $150.0M | $299.4M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0405 | +0.004% | $51.8M | $53.7M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0397 | −0.073% | $67.7M | $171.5M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0392 | −0.121% | — | $82.3M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0377 | −0.265% | $692K | $1.2M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0418 | +0.127% | $2.4M | $3.2M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0400 | −0.047% | $170K | $4.7M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0381 | −0.227% | $456K | $7.4M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0391 | −0.131% | $237K | $501K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0412 | +0.071% | $120K | $725K | 10x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0389 | −0.150% | $47K | $250K | 20x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0386 | −0.179% | $2K | $1.8M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0383 | −0.208% | $6K | $2.2M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0383 | −0.208% | $645K | $19.8M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0380 | −0.236% | $11.6M | $25.8M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0405 | +0.003% | $1.5M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0390 | −0.145% | $39K | $16K | 3x | as long as short |
| Hyperliquid SUI | +0.0140% | 1h | 1.0413 | +0.081% | $74.6M | $80.4M | 10x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0152% | 1h | 1.0377 | −0.265% | $995K | $14.6M | 50x | as long as short |
| Phoenix SUI | +0.0221% | 1h | 1.0412 | +0.066% | $206K | $595K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0615% / S −0.0271% | 1h | 1.0393 | −0.113% | $966K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1038% | 1h | 1.0394 | −0.107% | $79K | $380K | 10x | as long as short |
Lighter RH SUI
01 Exchange SUIUSD
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
Hyperliquid SUI
Coinbase International SUI-PERP-INTX
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD