Funding you earn now, next payment 07:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.013%
Price spread now: Lighter against Deribit−0.049%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as 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+0.015%+$1 on $10k
+Price spread, last 4 days (all we have)+0.038%+$4 · spread now −0.049%, 7d avg −0.022%
=Together, before fees+0.052%+ Points / potential airdropLighter: Season 3 · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.028% cheaper against Deribit than usual: you would sell low and buy high (spread −0.049% now, against its 7-day average of −0.022%). If the spread goes back, that is −$3 on $10k: about 23 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.015% in total) that is about 13 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit SUI_USDC-PERPETUAL | 1.0170 | 0 | get 0.0000% / 1h | 27m 22s | $196K | $563K | 25x |
| Short | Lighter SUI | 1.0165 | 0.0096 | get 0.0012% / 1h | 27m 22s | $791K | $5.3M | 10x |
Deribit SUI_USDC-PERPETUAL
Lighter SUIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Deribit. 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
- $20.16
- Price spread: −0.049% → −0.022%
- −$2.76
- Slippage, 4 orders
- −$19.76
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$9.37
- Costs to cover
- 0.268%
- Break-even
- 10.3 days
Slippage from Deribit: live order book, 16 min ago; Lighter: live order book, 11 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 Deribit live order book, 16 min ago | 4.93 bp | 8.4 bp −$8 | 15.7 bp −$157 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 11 min ago | 4.15 bp | 5.3 bp −$5 | 12.9 bp −$129 | 104.3 bp −$10.4K | 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 | 1.0009 | −1.583% | $41K | $113K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0380% | 1h | 1.0143 | −0.265% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0216% | 1h | 1.0143 | −0.269% | $5K | $21K | 7x | as long as short |
| Bluefin SUI-PERP | −0.0073% | 1h | 1.0155 | −0.147% | $582K | $424K | 25x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0164 | −0.056% | $95K | $258K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0148 | −0.221% | $373K | $4.9M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUALlong | 0.0000% | 1h | 1.0170 | long leg | $196K | $563K | 25x | |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0143 | −0.265% | $114K | — | 150x | as long as short |
| Lighter SUIshort | +0.0096% | 1h | 1.0165 | −0.049% | $791K | $5.3M | 10x | |
| Lighter RH SUI | +0.0096% | 1h | 1.0169 | −0.011% | $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
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 | 1.0171 | +0.010% | $37K | $521K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0170 | 0.000% | $47K | $215K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0163 | −0.067% | $27K | $8K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0168 | −0.020% | $536K | $2.1M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0168 | −0.020% | $898K | $4.3M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0165 | −0.052% | $217K | $260K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0170 | +0.002% | $145.6M | $1.01B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0168 | −0.020% | $98.9M | $315.0M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0171 | +0.010% | $41.1M | $378.2M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0170 | 0.000% | $43K | $328K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0119 | −0.500% | $238K | $2K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0168 | −0.020% | $166.7M | $83.3M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0168 | −0.020% | $151.8M | $291.9M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0171 | +0.010% | $50.0M | $52.9M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0166 | −0.039% | $67.0M | $172.7M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0168 | −0.020% | — | $87.2M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0149 | −0.206% | $668K | $1.3M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0133 | −0.367% | $2.4M | $3.5M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0155 | −0.148% | $163K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0135 | −0.344% | $439K | $7.4M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0165 | −0.049% | $223K | $379K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0176 | +0.059% | $126K | $673K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0185 | +0.147% | $2K | $1.6M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0170 | 0.000% | $6K | $1.8M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0141 | −0.285% | $620K | $18.5M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0145 | −0.246% | $11.7M | $28.1M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0167 | −0.034% | $1.4M | $4.0M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0173 | +0.031% | $39K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0192% | 1h | 1.0165 | −0.049% | $9K | $2K | 10x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0147 | −0.226% | $7.6M | $24.5M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0280% | 1h | 1.0182 | +0.118% | $1.0M | $14.7M | 50x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0365% | 1h | 1.0173 | +0.032% | $6.8M | $22.5M | 50x | as long as short |
| Phoenix SUI | +0.0431% | 1h | 1.0156 | −0.137% | $201K | $413K | 10x | as long as short |
| Hyperliquid SUI | +0.0453% | 1h | 1.0179 | +0.092% | $73.2M | $81.7M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0600% / S −0.0263% | 1h | 1.0144 | −0.257% | $932K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1378% | 1h | 1.0146 | −0.236% | $82K | $410K | 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-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
Phemex SUIUSDT
Extended SUI-USD
Aevo SUI-PERP
01 Exchange SUIUSD
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Kraken Futures PF_SUIUSD
Phoenix SUI
Hyperliquid SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD