Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter against Polymarket Perps−0.172%45s7-day average −0.048% · 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—prices read too far apart to compare
costs, in and out, $10k−$300.296% of the position
Funding, last 7 days+0.074%+$7 on $10k
+Price spread, last 4 days (all we have)−0.758%−$76 · spread now −0.172%, 7d avg −0.048%
=Together, before fees−0.684%+ Points / potential airdropLighter: Season 3 · farm board−$68 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: Lighter is 0.125% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.048%. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps SUI-USD | 1.0400 | 0.0100 | pay 0.0013% / 1h | 24m 43s | $120K | $726K | 10x |
| Short | Lighter SUI | 1.0382 | 0.0096 | get 0.0012% / 1h | 24m 43s | $818K | $5.7M | 10x |
Polymarket Perps SUI-USD
Lighter SUIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Polymarket Perps. 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: −0.172% → −0.048%
- −$12.45
- Slippage, 4 orders
- −$21.6
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$42.89
- Costs to cover
- 0.296%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 43 min ago; Lighter: 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 Polymarket Perps live order book, 43 min ago | 2.32 bp | 7.2 bp −$7 | 12.1 bp −$121 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 3 min ago | 5.00 bp | 6.5 bp −$6 | 13.9 bp −$139 | 96.0 bp −$9,599 | doesn't fit |
SUI on 45 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 | −0.4499% | 1h | 1.0236 | −1.577% | $42K | $123K | 12x | as long as short |
| Hibachi SUI/USDT-P | −0.0432% | 1h | 1.0417 | +0.164% | $6K | $19K | 7x | as long as short |
| Reya SUIRUSDPERP | −0.0372% | 1h | 1.0385 | −0.145% | $4K | $3K | 20x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0377 | −0.222% | $95K | $171K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0398 | −0.016% | $508K | $5.1M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0395 | −0.048% | $202K | $578K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0392 | −0.073% | $113K | — | 150x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0011% | 1h | 1.0397 | −0.030% | $6.8M | $27.0M | 50x | as long as short |
| Bluefin SUI-PERP | +0.0081% | 1h | 1.0381 | −0.183% | $594K | $415K | 25x | as long as short |
| Lighter SUIshort | +0.0096% | 1h | 1.0382 | −0.172% | $818K | $5.7M | 10x |
Injective SUI/USDC PERP
Hibachi SUI/USDT-P
Reya SUIRUSDPERP
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Kraken Futures PF_SUIUSD
Bluefin SUI-PERPShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SUI | +0.0096% | 1h | 1.0381 | −0.178% | $276K | $2.1M | 10x | as long as short |
| 01 Exchange SUIUSD | +0.0096% | 1h | 1.0387 | −0.125% | $9K | $3K | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0387 | −0.125% | $30K | $491K | 50x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0421 | +0.205% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0387 | −0.125% | $749K | $1.9M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0382 | −0.175% | $913K | $5.0M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0380 | −0.190% | $226K | $269K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0382 | −0.176% | $152.0M | $1.05B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0373 | −0.260% | $102.9M | $312.6M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0370 | −0.288% | $40.9M | $391.3M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0390 | −0.096% | $44K | $373K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0400 | 0.000% | $245K | $3K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0379 | −0.202% | $164.0M | $84.2M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0369 | −0.298% | $149.4M | $299.2M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0379 | −0.202% | $51.7M | $53.7M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0378 | −0.212% | $67.6M | $171.8M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0379 | −0.202% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0383 | −0.163% | $691K | $1.2M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0418 | +0.171% | $2.4M | $3.2M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0400 | −0.003% | $170K | $4.7M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0394 | −0.058% | $452K | $7.4M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0365 | −0.337% | $237K | $507K | 50x | as long as short |
| Polymarket Perps SUI-USDlong | +0.0100% | 1h | 1.0400 | long leg | $120K | $726K | 10x | |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0392 | −0.077% | $47K | $251K | 20x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0401 | +0.010% | $2K | $1.8M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0392 | −0.077% | $6K | $2.2M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0392 | −0.077% | $651K | $19.7M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0384 | −0.154% | $11.6M | $25.8M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0376 | −0.229% | $1.4M | $4.0M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0401 | +0.014% | $39K | $16K | 3x | as long as short |
| Hyperliquid SUI | +0.0126% | 1h | 1.0391 | −0.087% | $74.3M | $80.3M | 10x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0152% | 1h | 1.0395 | −0.048% | $1.0M | $14.6M | 50x | as long as short |
| Phoenix SUI | +0.0221% | 1h | 1.0412 | +0.111% | $206K | $595K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0614% / S −0.0271% | 1h | 1.0391 | −0.086% | $965K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1015% | 1h | 1.0390 | −0.100% | $78K | $378K | 10x | as long as short |
Lighter RH SUI
01 Exchange SUIUSD
Popdex SUIUSDT
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-USDC
Backpack SUI_USDC_PERP
Variational Omni SUI
edgeX SUIUSDC
GRVT SUI_USDT_Perp
ApeX Omni SUIUSDT
Orderly PERP_SUI_USDC
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
Extended SUI-USD
Aevo SUI-PERP
Hyperliquid SUI
Coinbase International SUI-PERP-INTX
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD