Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter RH against Backpack+0.443%55s7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as 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−$190.187% of the position
Funding, last 7 days−0.048%−$5 on $10k
+Price spread, last 7 days−0.410%−$41 · spread now +0.443%, 7d avg +0.035%
=Together, before fees−0.458%+ Points / potential airdropLighter RH: Points live · farm board−$46 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 RH is 0.408% dearer against Backpack than usual: you sell high and buy low, +$41 on $10k if it goes back to its 7-day average of +0.035%. The two prices were read 55 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 | Backpack SUI_USDC_PERP | 1.0123 | 0.0100 | pay 0.0013% / 1h | 24m 13s | $663K | $1.3M | 20x |
| Short | Lighter RH SUI | 1.0168 | 0.0096 | get 0.0012% / 1h | 24m 13s | $309K | $2.2M | 10x |
Backpack SUI_USDC_PERP
Lighter RH SUIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Backpack. 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: +0.443% → +0.035%
- $40.75
- Slippage, 4 orders
- −$8.67
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $21.24
- Costs to cover
- 0.187%
- Break-even
- from the start
Slippage from Backpack: live order book, 5 min ago; Lighter RH: live order book, 4 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 Backpack live order book, 5 min ago | 0.50 bp | 5.9 bp −$6 | 11.4 bp −$114 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 4 min ago | 2.71 bp | 3.5 bp −$3 | 12.4 bp −$124 | 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 | 1.0007 | −1.146% | $41K | $113K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0383% | 1h | 1.0161 | +0.379% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0176% | 1h | 1.0131 | +0.080% | $5K | $17K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0134 | +0.110% | $95K | $245K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0141 | +0.182% | $377K | $4.2M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0167 | +0.435% | $195K | $531K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0131 | +0.081% | $114K | — | 150x | as long as short |
| 01 Exchange SUIUSD | +0.0080% | 1h | 1.0150 | +0.267% | $8K | $3K | 10x | as long as short |
| Bluefin SUI-PERP | +0.0095% | 1h | 1.0150 | +0.267% | $582K | $441K | 25x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0167 | +0.434% | $749K | $4.8M | 10x | 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
01 Exchange SUIUSD
Bluefin SUI-PERP
Lighter SUIShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SUIshort | +0.0096% | 1h | 1.0168 | +0.443% | $309K | $2.2M | 10x | |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0151 | +0.277% | $46K | $531K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0165 | +0.415% | $47K | $502K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0134 | +0.107% | $27K | $7K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0152 | +0.286% | $671K | $2.1M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0156 | +0.330% | $902K | $4.2M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0138 | +0.144% | $216K | $250K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0162 | +0.390% | $144.9M | $971.8M | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0163 | +0.395% | $98.0M | $301.5M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0167 | +0.435% | $41.1M | $357.9M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0150 | +0.267% | $43K | $317K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0089 | −0.335% | $231K | $7K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0156 | +0.326% | $166.9M | $79.6M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0153 | +0.296% | $97.4M | $288.9M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0156 | +0.326% | $51.4M | $50.2M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0161 | +0.375% | $67.1M | $164.6M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0163 | +0.395% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERPlong | +0.0100% | 1h | 1.0123 | long leg | $663K | $1.3M | 20x | |
| Variational Omni SUI | +0.0100% | 8h | 1.0103 | −0.202% | $2.4M | $3.3M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0121 | −0.018% | $163K | $4.2M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0133 | +0.098% | $437K | $7.1M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0122 | −0.010% | $204K | $356K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0153 | +0.296% | $122K | $513K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0161 | +0.375% | $2K | $1.5M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0165 | +0.415% | $6K | $1.6M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0160 | +0.366% | $635K | $17.7M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0155 | +0.316% | $11.7M | $28.3M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0162 | +0.383% | $1.4M | $4.0M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0167 | +0.437% | $39K | $11K | 3x | as long as short |
| Hyperliquid SUI | +0.0139% | 1h | 1.0162 | +0.385% | $73.3M | $75.9M | 10x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0130 | +0.069% | $7.5M | $24.2M | 100x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0283% | 1h | 1.0167 | +0.431% | $6.8M | $21.4M | 50x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0360% | 1h | 1.0157 | +0.336% | $1.0M | $13.8M | 50x | as long as short |
| Phoenix SUI | +0.0426% | 1h | 1.0128 | +0.046% | $201K | $395K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0601% / S −0.0263% | 1h | 1.0159 | +0.353% | $933K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1134% | 1h | 1.0130 | +0.071% | $80K | $412K | 10x | as long as short |
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-USDC
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
Hyperliquid SUI
BloFin SUI-USDT
Kraken Futures PF_SUIUSD
Coinbase International SUI-PERP-INTX
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD