Funding you earn now, next payment 05:00 UTC−0.0284%/8h= −31.1% APRnext payment −$0.36 per $10,000 · paid last 24h −0.104%
Price spread now: Lighter RH against Hyperliquid−0.160%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$210.210% of the position
Funding, last 7 days−0.233%−$23 on $10k
+Price spread, last 7 days+0.050%+$5 · spread now −0.160%, 7d avg −0.075%
=Together, before fees−0.183%+ Points / potential airdropHyperliquid: Season 2 · Lighter RH: Points live · farm board−$18 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Lighter RH is 0.085% cheaper against Hyperliquid than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.075%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid SUI | 1.0255 | 0.0380 | pay 0.0048% / 1h | 24m 02s | $74.1M | $80.9M | 10x |
| Short | Lighter RH SUI | 1.0239 | 0.0096 | get 0.0012% / 1h | 24m 02s | $305K | $2.2M | 10x |
Hyperliquid SUI
Lighter RH SUIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Hyperliquid. 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
- −$59.67
- Price spread: −0.160% → −0.075%
- −$8.5
- Slippage, 4 orders
- −$11.98
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$89.15
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 10 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 Hyperliquid live order book, 10 min ago | 1.45 bp | 8.3 bp −$8 | 13.4 bp −$134 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 4 min ago | 2.09 bp | 2.6 bp −$3 | 9.4 bp −$94 | 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 | −0.3470% | 1h | 1.0224 | −0.302% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0377% | 1h | 1.0224 | −0.300% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0192% | 1h | 1.0249 | −0.062% | $6K | $19K | 7x | as long as short |
| Kraken Futures PF_SUIUSD | −0.0067% | 1h | 1.0235 | −0.194% | $6.7M | $26.7M | 50x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0214 | −0.400% | $128K | $227K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0221 | −0.333% | $474K | $5.1M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0235 | −0.195% | $199K | $572K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0227 | −0.271% | $115K | — | 150x | as long as short |
| Bluefin SUI-PERP | +0.0041% | 1h | 1.0219 | −0.351% | $587K | $406K | 25x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0238 | −0.164% | $774K | $5.4M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
Kraken Futures PF_SUIUSD
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
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 | 1.0239 | −0.160% | $305K | $2.2M | 10x | |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0235 | −0.195% | $45K | $515K | 50x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0217 | −0.372% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0231 | −0.234% | $579K | $2.1M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0245 | −0.099% | $885K | $4.5M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0218 | −0.365% | $221K | $254K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0247 | −0.078% | $147.2M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0245 | −0.098% | $101.1M | $308.5M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0241 | −0.137% | $40.0M | $384.8M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0230 | −0.244% | $43K | $331K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0310 | +0.536% | $242K | $5K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0242 | −0.127% | $166.7M | $82.3M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0244 | −0.107% | $152.9M | $295.1M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0238 | −0.166% | $50.2M | $54.2M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0239 | −0.156% | $66.9M | $173.7M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0246 | −0.088% | — | $82.2M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0242 | −0.127% | $634K | $1.3M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0246 | −0.092% | $2.4M | $3.4M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0262 | +0.070% | $167K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0290 | +0.341% | $444K | $7.6M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0263 | +0.078% | $224K | $432K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0239 | −0.156% | $123K | $723K | 10x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0230 | −0.244% | $47K | $169K | 20x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0278 | +0.224% | $2K | $1.7M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0235 | −0.195% | $14K | $2.0M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0232 | −0.224% | $584K | $19.6M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0235 | −0.195% | $11.7M | $27.1M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0238 | −0.169% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0235 | −0.195% | $39K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0152% | 1h | 1.0235 | −0.195% | $9K | $3K | 10x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0241 | −0.137% | $7.7M | $24.6M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0248% | 1h | 1.0227 | −0.273% | $966K | $15.0M | 50x | as long as short |
| Hyperliquid SUIlong | +0.0380% | 1h | 1.0255 | long leg | $74.1M | $80.9M | 10x | |
| Phoenix SUI | +0.0408% | 1h | 1.0267 | +0.118% | $208K | $415K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0599% / S −0.0260% | 1h | 1.0225 | −0.293% | $935K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1512% | 1h | 1.0276 | +0.207% | $82K | $402K | 10x | as long as short |
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-USDT
Backpack SUI_USDC_PERP
Variational Omni SUI
edgeX SUIUSDC
GRVT SUI_USDT_Perp
ApeX Omni SUIUSDT
Polymarket Perps SUI-USD
Orderly PERP_SUI_USDC
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
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD