SUI

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.12 per $10,000 · paid last 24h −0.015%

Price spread now: Deribit against Lighter RH−0.009%7-day average −0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$22as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$250.252% of the position

Long on Lighter RH Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.030%+$3 on $10k

Price spread, last 4 days (all we have)−0.096%−$10 · spread now −0.009%, 7d avg −0.001%

Together, before fees−0.065%+ Points / potential airdropLighter RH: Points live · farm board−$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH SUI	1.0259	0.0096	pay 0.0012% / 1h	3m 07s	$322K	$2.2M	10x
Short	Deribit SUI_USDC-PERPETUAL	1.0258	0	get 0.0000% / 1h	3m 07s	$197K	$527K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 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 Lighter RHbpFee DeribitbpOrdersPrice spread, now −0.009%Rate

Funding earned: −$20.16
Price spread: −0.009% → −0.001%: −$0.81
Slippage, 4 orders: −$18.15
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$46.13
Costs to cover: 0.252%
Break-even: never at this rate

Slippage from Lighter RH: live order book, 5 min ago; Deribit: live order book, 31 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, 5 min ago	3.22 bp	3.2 bp −$3	12.2 bp −$122	doesn't fit	doesn't fit
Sell Deribit live order book, 31 min ago	5.44 bp	8.9 bp −$9	16.4 bp −$164	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	−0.3240%	1h	1.0143	−1.130%	$42K	$113K	12x	as long as short
Reya SUIRUSDPERP	−0.0383%	1h	1.0248	−0.102%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0288%	1h	1.0239	−0.199%	$6K	$17K	7x	as long as short
Bluefin SUI-PERP	0.0000%	1h	1.0241	−0.174%	$589K	$438K	25x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0247	−0.113%	$96K	$245K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0256	−0.028%	$377K	$3.9M	2.5x	as long as short
Deribit SUI_USDC-PERPETUALshort	0.0000%	1h	1.0258	−0.009%	$197K	$527K	25x
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0255	−0.033%	$116K	—	150x	as long as short
01 Exchange SUIUSD	+0.0048%	1h	1.0256	−0.028%	$8K	$3K	10x	as long as short
Lighter SUI	+0.0096%	1h	1.0259	+0.001%	$760K	$4.9M	10x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SUIlong	+0.0096%	1h	1.0259	long leg	$322K	$2.2M	10x
Popdex SUIUSDT	+0.0096%	1h	1.0252	−0.067%	$49K	$517K	50x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0245	−0.135%	$27K	$6K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0245	−0.135%	$675K	$2.1M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0257	−0.018%	$921K	$4.0M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0249	−0.095%	$218K	$247K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0250	−0.088%	$145.4M	$947.6M	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0251	−0.074%	$99.0M	$295.4M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0254	−0.048%	$41.5M	$351.1M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0250	−0.087%	$43K	$318K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0247	−0.116%	$235K	$7K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0255	−0.038%	$169.4M	$80.8M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0254	−0.048%	$96.4M	$292.7M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0257	−0.019%	$52.5M	$49.3M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0252	−0.067%	$67.7M	$159.1M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0254	−0.048%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0254	−0.048%	$672K	$1.3M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0252	−0.069%	$2.4M	$3.1M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0240	−0.187%	$164K	$4.2M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0239	−0.190%	$449K	$7.0M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0244	−0.145%	$207K	$356K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0254	−0.048%	$124K	$511K	10x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0254	−0.048%	$47K	$596K	20x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0259	+0.001%	$2K	$1.5M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0260	+0.011%	$6K	$1.5M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0262	+0.030%	$786K	$17.8M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0255	−0.038%	$11.8M	$28.5M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0254	−0.049%	$1.5M	$4.0M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0260	+0.014%	$39K	$11K	3x	as long as short
Hyperliquid SUI	+0.0189%	1h	1.0267	+0.079%	$74.2M	$74.7M	10x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0253	−0.058%	$7.5M	$24.4M	100x	as long as short
Kraken Futures PF_SUIUSD	+0.0280%	1h	1.0264	+0.054%	$6.9M	$21.2M	50x	as long as short
Coinbase International SUI-PERP-INTX	+0.0360%	1h	1.0263	+0.040%	$1.0M	$13.2M	50x	as long as short
Phoenix SUI	+0.0426%	1h	1.0261	+0.019%	$206K	$395K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0611% / S −0.0269%	1h	1.0254	−0.044%	$955K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1039%	1h	1.0257	−0.016%	$81K	$412K	10x	as long as short