Funding you earn now, next payment 11:00 UTC−0.0379%/8h= −41.5% APRnext payment −$0.47 per $10,000 · paid last 24h −0.064%
Price spread now: Bluefin against Lighter RH−0.135%7-day average −0.157% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$350.350% of the position
Funding, last 7 days+0.086%+$9 on $10k
+Price spread, last 4 days (all we have)−0.024%−$2 · spread now −0.135%, 7d avg −0.157%
=Together, before fees+0.062%+ Points / potential airdropLighter RH: Points live · farm board+$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bluefin is 0.022% dearer against Lighter RH than usual: you sell high and buy low (spread −0.135% now, against its 7-day average of −0.157%): +$2 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 hours. Mind the row above: over the last 7 days funding on this pair paid +0.086%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.086% in total (about 4.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.47 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH SUI | 1.0175 | 0.0096 | pay 0.0012% / 1h | 54m 34s | $327K | $2.1M | 10x |
| Short | Bluefin SUI-PERP | 1.0161 | −0.0283 | pay 0.0035% / 1h | 54m 34s | $584K | $407K | 25x |
Lighter RH SUI
Bluefin SUI-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bluefin against Lighter RH. 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
- −$79.68
- Price spread: −0.135% → −0.157%
- $2.22
- Slippage, 4 orders
- −$27.95
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Bluefin: 3.5 bp × 2 orders
- −$7
- Net
- −$112.41
- Costs to cover
- 0.350%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 1 min ago; Bluefin: live order book, 57 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 RH live order book, 1 min ago | 2.46 bp | 3.4 bp −$3 | 12.4 bp −$124 | doesn't fit | doesn't fit |
| Sell Bluefin live order book, 57 min ago | 1.48 bp | 13.4 bp −$13 | 62.9 bp −$629 | doesn't fit | doesn't fit |
SUI on 46 exchanges
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 | −0.3324% | 1h | 1.0055 | −1.176% | $41K | $113K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0385% | 1h | 1.0163 | −0.114% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0368% | 1h | 1.0175 | +0.002% | $5K | $16K | 7x | as long as short |
| Bluefin SUI-PERPshort | −0.0283% | 1h | 1.0161 | −0.135% | $584K | $407K | 25x | |
| Kraken Futures PF_SUIUSD | −0.0042% | 1h | 1.0178 | +0.033% | $6.8M | $19.6M | 50x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0171 | −0.037% | $95K | $241K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0180 | +0.054% | $380K | $3.8M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0176 | +0.013% | $194K | $501K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0193 | +0.185% | $116K | — | 150x | as long as short |
| 01 Exchange SUIUSD | +0.0024% | 1h | 1.0171 | −0.036% | $8K | $3K | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
Kraken Futures PF_SUIUSD
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
01 Exchange SUIUSDShow all 46 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SUI | +0.0096% | 1h | 1.0171 | −0.034% | $740K | $4.5M | 10x | as long as short |
| Lighter RH SUIlong | +0.0096% | 1h | 1.0175 | long leg | $327K | $2.1M | 10x | |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0171 | −0.036% | $54K | $517K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0099% | 8h | 1.0174 | −0.007% | $55K | $700K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0167 | −0.072% | $27K | $2K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0167 | −0.071% | $660K | $2.0M | 10x | as long as short |
| Hyperliquid SUI | +0.0100% | 1h | 1.0181 | +0.062% | $72.9M | $66.0M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0174 | −0.010% | $901K | $3.5M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0172 | −0.029% | $216K | $207K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0171 | −0.039% | $143.8M | $871.9M | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0165 | −0.099% | $97.1M | $269.8M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0166 | −0.086% | $41.2M | $316.1M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0180 | +0.052% | $43K | $311K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0190 | +0.150% | $233K | $8K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0169 | −0.056% | $167.9M | $67.6M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0172 | −0.027% | $95.3M | $245.2M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0174 | −0.007% | $50.5M | $46.6M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0165 | −0.095% | $66.6M | $141.7M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0170 | −0.046% | — | $84.0M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0172 | −0.027% | $651K | $1.2M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0171 | −0.037% | $2.4M | $2.7M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0192 | +0.172% | $164K | $3.8M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0189 | +0.142% | $441K | $6.7M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0205 | +0.298% | $205K | $385K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0171 | −0.036% | $123K | $476K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0187 | +0.121% | $2K | $1.3M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0174 | −0.007% | $6K | $1.4M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0172 | −0.027% | $753K | $16.8M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0174 | −0.007% | $11.7M | $28.3M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0165 | −0.094% | $1.5M | $3.5M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0176 | +0.009% | $39K | $11K | 3x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0173 | −0.017% | $7.5M | $22.5M | 100x | as long as short |
| Phoenix SUI | +0.0289% | 1h | 1.0219 | +0.438% | $204K | $318K | 10x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0312% | 1h | 1.0228 | +0.524% | $1.0M | $11.3M | 50x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0608% / S −0.0268% | 1h | 1.0172 | −0.023% | $948K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.0871% | 1h | 1.0197 | +0.222% | $80K | $405K | 10x | as long as short |
Lighter SUI
Popdex SUIUSDT
Orderly PERP_SUI_USDC
Paradex SUI-USD-PERP
Nado SUI-PERP
Hyperliquid SUI
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
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
Extended SUI-USD
Aevo SUI-PERP
BloFin SUI-USDT
Phoenix SUI
Coinbase International SUI-PERP-INTX
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD