Funding you earn now, next payment 07:00 UTC+0.0269%/8h= +29.5% APRnext payment +$0.34 per $10,000 · paid last 24h +0.012%
Price spread now: Kraken Futures against Lighter+0.060%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$280.280% of the position
Funding, last 7 days+0.066%+$7 on $10k
+Price spread, last 4 days (all we have)−0.085%−$8 · spread now +0.060%, 7d avg +0.012%
=Together, before fees−0.019%+ Points / potential airdropLighter: Season 3 · farm board−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Kraken Futures is 0.048% dearer against Lighter than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.012%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.066% in total (about 3.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.34 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SUI | 1.0161 | 0.0096 | pay 0.0012% / 1h | 51m 36s | $790K | $5.3M | 10x |
| Short | Kraken Futures PF_SUIUSD | 1.0167 | 0.0365 | get 0.0046% / 1h | 51m 36s | $6.8M | $25.0M | 50x |
Lighter SUI
Kraken Futures PF_SUIUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Lighter. 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
- $56.48
- Price spread: +0.060% → +0.012%
- $4.8
- Slippage, 4 orders
- −$17.98
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $33.3
- Costs to cover
- 0.280%
- Break-even
- 2.9 days
Slippage from Lighter: live order book, 6 min ago; Kraken Futures: live order book, 2 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 Lighter live order book, 6 min ago | 2.64 bp | 4.8 bp −$5 | 13.9 bp −$139 | 105.6 bp −$10.6K | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 1.96 bp | 11.0 bp −$11 | 17.4 bp −$174 | 39.9 bp −$3,985 | 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 | 1.0119 | −0.417% | $42K | $113K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0379% | 1h | 1.0170 | +0.085% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0184% | 1h | 1.0164 | +0.028% | $5K | $21K | 7x | as long as short |
| Bluefin SUI-PERP | −0.0016% | 1h | 1.0157 | −0.043% | $582K | $430K | 25x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0156 | −0.050% | $95K | $294K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0178 | +0.167% | $376K | $4.9M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0167 | +0.055% | $195K | $563K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0165 | +0.031% | $115K | — | 150x | as long as short |
| Lighter SUIlong | +0.0096% | 1h | 1.0161 | long leg | $790K | $5.3M | 10x | |
| Lighter RH SUI | +0.0096% | 1h | 1.0163 | +0.017% | $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
Deribit SUI_USDC-PERPETUAL
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 | 1.0162 | +0.006% | $34K | $547K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0165 | +0.035% | $47K | $209K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0155 | −0.059% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0163 | +0.016% | $537K | $2.1M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0166 | +0.041% | $897K | $4.3M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0161 | −0.004% | $217K | $264K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0167 | +0.059% | $145.8M | $1.05B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0169 | +0.075% | $99.9M | $320.6M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0171 | +0.094% | $40.8M | $389.7M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0160 | −0.014% | $43K | $329K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0165 | +0.035% | $239K | $2K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0158 | −0.033% | $165.5M | $82.7M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0158 | −0.033% | $151.4M | $290.6M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0159 | −0.024% | $49.6M | $53.5M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0167 | +0.055% | $67.2M | $177.3M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0159 | −0.024% | — | $84.8M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0159 | −0.024% | $669K | $1.4M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0178 | +0.161% | $2.4M | $3.5M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0172 | +0.101% | $164K | $4.6M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0187 | +0.252% | $442K | $7.5M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0167 | +0.055% | $223K | $417K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0176 | +0.144% | $131K | $646K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0179 | +0.173% | $2K | $1.7M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0166 | +0.045% | $6K | $1.9M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0165 | +0.035% | $623K | $19.2M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0168 | +0.065% | $11.7M | $28.0M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0156 | −0.056% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0164 | +0.030% | $39K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0200% | 1h | 1.0166 | +0.045% | $9K | $2K | 10x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0183 | +0.213% | $7.6M | $24.8M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0280% | 1h | 1.0192 | +0.301% | $1.0M | $15.0M | 50x | as long as short |
| Kraken Futures PF_SUIUSDshort | +0.0365% | 1h | 1.0167 | +0.060% | $6.8M | $25.0M | 50x | |
| Phoenix SUI | +0.0431% | 1h | 1.0203 | +0.404% | $202K | $413K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0603% / S −0.0264% | 1h | 1.0164 | +0.029% | $937K | — | 100x | as long as short |
| Hyperliquid SUI | +0.0675% | 1h | 1.0172 | +0.104% | $74.1M | $82.3M | 10x | as long as short |
| Aftermath Perps SUIUSD | +0.1437% | 1h | 1.0191 | +0.287% | $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-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
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Hyperliquid SUI
Aftermath Perps SUIUSD