Funding you earn now, next payment 06:00 UTC−0.0184%/8h= −20.1% APRnext payment −$0.23 per $10,000 · paid last 24h −0.059%
Price spread now: Lighter against Coinbase International−0.010%7-day average −0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$380.382% of the position
Funding, last 7 days−0.372%−$37 on $10k
+Price spread, last 4 days (all we have)+0.001%$0 · spread now −0.010%, 7d avg −0.093%
=Together, before fees−0.371%+ Points / potential airdropLighter: Season 3 · farm board−$37 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.083% dearer against Coinbase International than usual: you sell high and buy low (spread −0.010% now, against its 7-day average of −0.093%): +$8 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 36 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SUI-PERP-INTX | 1.0181 | 0.0280 | pay 0.0035% / 1h | 9m 27s | $1.0M | $14.5M | 50x |
| Short | Lighter SUI | 1.0180 | 0.0096 | get 0.0012% / 1h | 9m 27s | $772K | $5.4M | 10x |
Coinbase International SUI-PERP-INTX
Lighter SUIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Coinbase International. 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
- −$38.64
- Price spread: −0.010% → −0.093%
- $8.27
- Slippage, 4 orders
- −$28.24
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$68.61
- Costs to cover
- 0.382%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 5 min ago; Lighter: 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 Coinbase International live order book, 5 min ago | 5.89 bp | 16.3 bp −$16 | 22.2 bp −$222 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 4 min ago | 2.31 bp | 5.3 bp −$5 | 16.4 bp −$164 | 1008.3 bp −$100.8K | 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 | −0.3536% | 1h | 1.0106 | −0.737% | $42K | $113K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0380% | 1h | 1.0178 | −0.030% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0248% | 1h | 1.0178 | −0.032% | $5K | $20K | 7x | as long as short |
| Bluefin SUI-PERP | −0.0095% | 1h | 1.0169 | −0.118% | $584K | $421K | 25x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0175 | −0.058% | $95K | $257K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0185 | +0.043% | $376K | $4.4M | 2.5x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0180 | −0.010% | $115K | — | 150x | as long as short |
| Deribit SUI_USDC-PERPETUAL | +0.0045% | 1h | 1.0187 | +0.059% | $196K | $558K | 25x | as long as short |
| Lighter SUIshort | +0.0096% | 1h | 1.0180 | −0.010% | $772K | $5.4M | 10x | |
| Lighter RH SUI | +0.0096% | 1h | 1.0177 | −0.034% | $297K | $2.2M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
Bluefin SUI-PERP
dYdX SUI-USD
Kalshi KXSUIPERP
gTrade (Gains Network) SUI/USD
Deribit SUI_USDC-PERPETUAL
Lighter RH SUIShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex SUIUSDT | +0.0096% | 1h | 1.0180 | −0.010% | $39K | $522K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0181 | 0.000% | $47K | $224K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0171 | −0.095% | $27K | $8K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0182 | +0.010% | $691K | $2.2M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0183 | +0.018% | $898K | $4.2M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0175 | −0.055% | $216K | $257K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0183 | +0.018% | $146.5M | $1.00B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0178 | −0.029% | $98.6M | $312.9M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0178 | −0.029% | $41.0M | $372.7M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0180 | −0.010% | $43K | $330K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0183 | +0.025% | $239K | $454 | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0180 | −0.010% | $168.3M | $84.0M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0181 | 0.000% | $153.6M | $293.0M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0182 | +0.010% | $50.1M | $52.5M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0177 | −0.039% | $67.2M | $170.9M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0180 | −0.010% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0178 | −0.029% | $669K | $1.4M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0177 | −0.043% | $2.4M | $3.5M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0183 | +0.019% | $164K | $4.4M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0177 | −0.040% | $438K | $7.1M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0183 | +0.020% | $223K | $377K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0188 | +0.069% | $126K | $589K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0200 | +0.187% | $2K | $1.6M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0186 | +0.049% | $5K | $1.8M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0176 | −0.049% | $638K | $18.4M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0186 | +0.049% | $11.8M | $28.2M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0168 | −0.127% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0177 | −0.037% | $39K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0192% | 1h | 1.0176 | −0.049% | $9K | $2K | 10x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0185 | +0.039% | $7.6M | $24.5M | 100x | as long as short |
| Coinbase International SUI-PERP-INTXlong | +0.0280% | 1h | 1.0181 | long leg | $1.0M | $14.5M | 50x | |
| Kraken Futures PF_SUIUSD | +0.0364% | 1h | 1.0187 | +0.058% | $6.8M | $22.0M | 50x | as long as short |
| Hyperliquid SUI | +0.0407% | 1h | 1.0188 | +0.069% | $73.4M | $80.3M | 10x | as long as short |
| Phoenix SUI | +0.0431% | 1h | 1.0192 | +0.108% | $202K | $413K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0601% / S −0.0263% | 1h | 1.0179 | −0.019% | $936K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1355% | 1h | 1.0192 | +0.106% | $82K | $409K | 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
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
01 Exchange SUIUSD
BloFin SUI-USDT
Kraken Futures PF_SUIUSD
Hyperliquid SUI
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD