Funding you earn now, next payment 01:00 UTC−0.0059%/8h= −6.4% APRpaid last 24h −0.005%
Price spread now: Phemex against Lighter RH−0.055%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$270.268% of the position
Funding, last 7 days−0.043%−$4 on $10k
+Price spread, last 3 days (all we have)+0.053%+$5 · spread now −0.055%, 7d avg −0.021%
=Together, before fees+0.010%+ Points / potential airdropLighter RH: Points live · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Phemex is 0.034% cheaper against Lighter RH than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.021%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH SUI | 1.0487 | 0.0096 | pay 0.0012% / 1h | 35m 57s | $269K | $2.0M | 10x |
| Short | Phemex SUIUSDT | 1.0481 | 0.0037 | get 0.0037% / 8h | 7h 35m | $11.7M | $25.0M | 50x |
Lighter RH SUI
Phemex SUIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- −$12.29
- Price spread: −0.055% → −0.021%
- −$3.41
- Slippage, 4 orders
- −$14.81
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$42.51
- Costs to cover
- 0.268%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 2 min ago; Phemex: live order book, 3 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, 2 min ago | 3.34 bp | 5.0 bp −$5 | 15.5 bp −$155 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 0.96 bp | 9.5 bp −$9 | 20.6 bp −$206 | 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 | −0.3416% | 1h | 1.0330 | −1.495% | $42K | $123K | 12x | as long as short |
| Bluefin SUI-PERP | −0.0447% | 1h | 1.0381 | −1.009% | $595K | $408K | 25x | as long as short |
| Hibachi SUI/USDT-P | −0.0416% | 1h | 1.0463 | −0.230% | $6K | $19K | 7x | as long as short |
| Reya SUIRUSDPERP | −0.0371% | 1h | 1.0492 | +0.054% | $4K | $3K | 20x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0486 | −0.005% | $96K | $169K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0492 | +0.053% | $480K | $5.0M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0484 | −0.027% | $204K | $583K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0002% | 1h | 1.0490 | +0.031% | $121K | — | 150x | as long as short |
| Phemex SUIUSDTshort | +0.0037% | 8h | 1.0481 | −0.055% | $11.7M | $25.0M | 50x | |
| Kraken Futures PF_SUIUSD | +0.0038% | 1h | 1.0488 | +0.011% | $7.3M | $23.9M | 50x | as long as short |
Injective SUI/USDC PERP
Bluefin SUI-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 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUIUSD | +0.0080% | 1h | 1.0492 | +0.050% | $9K | $9K | 10x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0486 | −0.010% | $811K | $5.8M | 10x | as long as short |
| Lighter RH SUIlong | +0.0096% | 1h | 1.0487 | long leg | $269K | $2.0M | 10x | |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0490 | +0.031% | $33K | $484K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0480 | −0.065% | $47K | $314K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0487 | +0.006% | $28K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0491 | +0.040% | $660K | $1.4M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0484 | −0.026% | $996K | $4.8M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0490 | +0.033% | $228K | $256K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0482 | −0.046% | $155.7M | $1.02B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0485 | −0.014% | $105.0M | $305.1M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0485 | −0.017% | $41.8M | $387.0M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0490 | +0.031% | $46K | $387K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0450 | −0.354% | $246K | $813 | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0480 | −0.065% | $168.9M | $80.6M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0478 | −0.084% | $153.7M | $292.9M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0472 | −0.141% | $51.1M | $52.9M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0490 | +0.031% | $69.2M | $165.9M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0480 | −0.065% | — | $81.4M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0478 | −0.084% | $681K | $1.1M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0488 | +0.010% | $2.4M | $2.9M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0449 | −0.363% | $170K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0444 | −0.408% | $452K | $7.3M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0443 | −0.418% | $240K | $479K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0503 | +0.154% | $120K | $757K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0504 | +0.164% | $3K | $1.9M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0484 | −0.027% | $6K | $2.3M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0484 | −0.027% | $648K | $18.6M | 75x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0474 | −0.124% | $1.5M | $3.9M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0487 | +0.004% | $40K | $16K | 3x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0200% | 1h | 1.0498 | +0.107% | $1.0M | $14.4M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0472 | −0.141% | $8.1M | $24.3M | 100x | as long as short |
| Phoenix SUI | +0.0299% | 1h | 1.0454 | −0.316% | $207K | $590K | 10x | as long as short |
| Hyperliquid SUI | +0.0375% | 1h | 1.0491 | +0.041% | $76.3M | $78.8M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0639% / S −0.0324% | 1h | 1.0490 | +0.035% | $913K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.0871% | 1h | 1.0456 | −0.293% | $93K | $368K | 10x | as long as short |
01 Exchange SUIUSD
Lighter SUI
Popdex SUIUSDT
Orderly PERP_SUI_USDC
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
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Extended SUI-USD
Aevo SUI-PERP
Coinbase International SUI-PERP-INTX
BloFin SUI-USDT
Phoenix SUI
Hyperliquid SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD