SUI

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0352%/8h= −38.5% APRnext payment −$0.44 per $10,000 · paid last 24h −0.184%

Price spread now: Hibachi against Lighter+0.563%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on Hibachi

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · Hibachi: Active · farm boardneeds both histories

The price spread pays, funding is against you. Hibachi is 0.563% dearer against Lighter than usual: you sell high and buy low (spread +0.563% now, against zero (this spread has no 7-day history yet)): +$56 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 5.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter SUI	1.0495	0.0096	pay 0.0012% / 1h	8m 27s	$840K	$5.6M	10x
Short	Hibachi SUI/USDT-P	1.0555	−0.0256	pay 0.0032% / 1h	8m 27s	$6K	$19K	7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hibachi against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee HibachibpOrdersPrice spread, now +0.563%Rate

Funding earned: −$73.92
Price spread: +0.563% → 0.000%: $56.31
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Hibachi: 4.5 bp × 2 orders: −$9
Net: −$26.61
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: Lighter: live order book, 5 min ago; Hibachi: no order-book sample. 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 Lighter live order book, 5 min ago	2.60 bp	5.4 bp −$5	11.8 bp −$118	85.6 bp −$8,561	doesn't fit
Sell Hibachi no order-book sample	—	—	—	—	—

Hibachi: 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	−0.3542%	1h	1.0527	+0.301%	$43K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0374%	1h	1.0485	−0.102%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-Pshort	−0.0256%	1h	1.0555	+0.563%	$6K	$19K	7x
dYdX SUI-USD	0.0000%	1h	1.0482	−0.128%	$132K	$227K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0506	+0.099%	$532K	$4.9M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0507	+0.111%	$204K	$575K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0503	+0.074%	$114K	—	150x	as long as short
Lighter SUIlong	+0.0096%	1h	1.0495	long leg	$840K	$5.6M	10x
Lighter RH SUI	+0.0096%	1h	1.0491	−0.040%	$285K	$2.1M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0475	−0.194%	$37K	$511K	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex SUI-USD-PERP	+0.0100%	8h	1.0500	+0.047%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0480	−0.147%	$721K	$1.9M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0487	−0.083%	$918K	$4.6M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0487	−0.079%	$229K	$259K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0498	+0.021%	$153.6M	$1.03B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0495	−0.004%	$103.7M	$309.4M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0492	−0.032%	$41.6M	$390.8M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0490	−0.051%	$45K	$373K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0562	+0.635%	$248K	$6K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0496	+0.006%	$168.6M	$83.8M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0496	+0.006%	$152.5M	$296.6M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0478	−0.166%	$50.6M	$54.1M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0485	−0.099%	$68.7M	$170.2M	75x	as long as short
BingX SUI-USDT	+0.0100%	8h	1.0503	+0.072%	—	$82.3M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0485	−0.099%	$702K	$1.3M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0568	+0.696%	$2.4M	$3.3M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0572	+0.729%	$172K	$4.6M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0603	+1.025%	$464K	$7.5M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0592	+0.920%	$238K	$485K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0484	−0.109%	$115K	$751K	10x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0493	−0.023%	$48K	$226K	20x	as long as short
Bluefin SUI-PERP	+0.0100%	1h	1.0479	−0.156%	$600K	$403K	25x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0521	+0.244%	$2K	$1.8M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0501	+0.053%	$14K	$2.1M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0497	+0.015%	$600K	$19.6M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0494	−0.013%	$12.1M	$26.7M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0479	−0.159%	$1.5M	$4.1M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0463	−0.305%	$40K	$11K	3x	as long as short
01 Exchange SUIUSD	+0.0176%	1h	1.0483	−0.118%	$9K	$3K	10x	as long as short
Coinbase International SUI-PERP-INTX	+0.0176%	1h	1.0526	+0.292%	$1.0M	$15.0M	50x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0483	−0.118%	$8.0M	$25.1M	100x	as long as short
Kraken Futures PF_SUIUSD	+0.0286%	1h	1.0492	−0.029%	$6.9M	$27.0M	50x	as long as short
Phoenix SUI	+0.0362%	1h	1.0574	+0.751%	$215K	$561K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0616% / S −0.0268%	1h	1.0498	+0.022%	$967K	—	100x	as long as short
Hyperliquid SUI	+0.0642%	1h	1.0484	−0.109%	$76.3M	$81.8M	10x	as long as short
Aftermath Perps SUIUSD	+0.1465%	1h	1.0558	+0.595%	$84K	$391K	10x	as long as short