Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.005%
Price spread now: Phemex against Lighter−0.165%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$470.466% of the position
Funding, last 7 days−0.098%−$10 on $10k
+Price spread, last 4 days (all we have)+0.058%+$6 · spread now −0.165%, 7d avg +0.002%
=Together, before fees−0.040%+ Points / potential airdropLighter: Season 3 · 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: Phemex is 0.167% cheaper against Lighter than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SUI | 1.0409 | 0.0096 | pay 0.0012% / 1h | 44m 26s | $829K | $5.5M | 10x |
| Short | Phemex SUIUSDT | 1.0392 | 0.0100 | get 0.0100% / 8h | 4h 44m | $11.9M | $26.6M | 50x |
Lighter SUI
Phemex SUIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0.84
- Price spread: −0.165% → +0.002%
- −$16.74
- Slippage, 4 orders
- −$34.64
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$62.54
- Costs to cover
- 0.466%
- Break-even
- 528.2 days
Slippage from Lighter: live order book, 9 min ago; Phemex: 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 Lighter live order book, 9 min ago | 3.11 bp | 5.7 bp −$6 | 13.1 bp −$131 | 110.1 bp −$11.0K | doesn't fit |
| Sell Phemex live order book, 5 min ago | 3.36 bp | 12.0 bp −$12 | 28.6 bp −$286 | 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 | −0.3244% | 1h | 1.0316 | −0.895% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0375% | 1h | 1.0426 | +0.158% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0296% | 1h | 1.0386 | −0.228% | $6K | $19K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0389 | −0.194% | $130K | $227K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0393 | −0.159% | $520K | $4.9M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0390 | −0.184% | $202K | $574K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0430 | +0.202% | $114K | — | 150x | as long as short |
| Lighter SUIlong | +0.0096% | 1h | 1.0409 | long leg | $829K | $5.5M | 10x | |
| Lighter RH SUI | +0.0096% | 1h | 1.0385 | −0.235% | $297K | $2.2M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0423 | +0.133% | $40K | $516K | 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 | 1.0392 | −0.164% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0417 | +0.075% | $691K | $1.9M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0410 | +0.011% | $911K | $4.6M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0396 | −0.129% | $225K | $260K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0429 | +0.190% | $151.9M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0430 | +0.200% | $103.1M | $310.5M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0427 | +0.171% | $41.4M | $389.8M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0420 | +0.104% | $45K | $373K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0390 | −0.184% | $244K | $6K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0428 | +0.181% | $166.1M | $82.9M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0426 | +0.161% | $151.3M | $293.6M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0422 | +0.123% | $50.1M | $54.1M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0423 | +0.133% | $68.2M | $171.5M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0431 | +0.209% | — | $82.4M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0387 | −0.213% | $679K | $1.4M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0394 | −0.150% | $2.4M | $3.3M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0403 | −0.058% | $170K | $4.6M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0403 | −0.058% | $458K | $7.7M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0404 | −0.050% | $232K | $486K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0416 | +0.065% | $124K | $756K | 10x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0428 | +0.181% | $48K | $194K | 20x | as long as short |
| Bluefin SUI-PERP | +0.0100% | 1h | 1.0410 | +0.008% | $596K | $401K | 25x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0406 | −0.031% | $2K | $1.8M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0385 | −0.232% | $14K | $2.1M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0389 | −0.194% | $572K | $19.7M | 75x | as long as short |
| Phemex SUIUSDTshort | +0.0100% | 8h | 1.0392 | −0.165% | $11.9M | $26.6M | 50x | |
| Extended SUI-USD | +0.0104% | 1h | 1.0404 | −0.047% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0429 | +0.189% | $40K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0112% | 1h | 1.0419 | +0.094% | $9K | $3K | 10x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0162% | 1h | 1.0387 | −0.212% | $6.9M | $27.0M | 50x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0216% | 1h | 1.0394 | −0.146% | $998K | $15.0M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0396 | −0.127% | $8.0M | $25.0M | 100x | as long as short |
| Phoenix SUI | +0.0390% | 1h | 1.0402 | −0.072% | $211K | $421K | 10x | as long as short |
| Hyperliquid SUI | +0.0453% | 1h | 1.0435 | +0.248% | $75.8M | $81.6M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0615% / S −0.0267% | 1h | 1.0431 | +0.212% | $962K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1553% | 1h | 1.0429 | +0.191% | $83K | $396K | 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-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
Bluefin SUI-PERP
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Extended SUI-USD
Aevo SUI-PERP
01 Exchange SUIUSD
Kraken Futures PF_SUIUSD
Coinbase International SUI-PERP-INTX
BloFin SUI-USDT
Phoenix SUI
Hyperliquid SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD