Funding you earn now, next payment 06:00 UTC+0.0252%/8h= +27.6% APRnext payment +$0.32 per $10,000 · paid last 24h +0.101%
Price spread now: Hyperliquid against Lighter RH+0.046%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs$0as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$230.233% of the position
Funding, last 7 days+0.236%+$24 on $10k
+Price spread, last 7 days+0.056%+$6 · spread now +0.046%, 7d avg +0.074%
=Together, before fees+0.291%+ Points / potential airdropLighter RH: Points live · Hyperliquid: Season 2 · farm board+$29 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.028% cheaper against Lighter RH than usual: you would sell low and buy high (spread +0.046% now, against its 7-day average of +0.074%). If the spread goes back, that is −$3 on $10k: about 9 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.236% in total) that is about 20 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH SUI | 1.0019 | 0.0096 | pay 0.0012% / 1h | 27m 35s | $296K | $2.2M | 10x |
| Short | Hyperliquid SUI | 1.0024 | 0.0348 | get 0.0044% / 1h | 27m 35s | $71.7M | $83.2M | 10x |
Lighter RH SUI
Hyperliquid SUIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Lighter RH. 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
- $52.95
- Price spread: +0.046% → +0.074%
- −$2.8
- Slippage, 4 orders
- −$14.27
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $26.88
- Costs to cover
- 0.233%
- Break-even
- 3.4 days
Slippage from Lighter RH: live order book, 5 min ago; Hyperliquid: live order book, 6 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 RH live order book, 5 min ago | 0.89 bp | 5.7 bp −$6 | 13.9 bp −$139 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 6 min ago | 1.49 bp | 8.4 bp −$8 | 14.8 bp −$148 | 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 | −0.3309% | 1h | 1.0052 | +0.325% | $41K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0378% | 1h | 1.0006 | −0.138% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0160% | 1h | 1.0063 | +0.439% | $6K | $19K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0015 | −0.044% | $113K | $272K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0020 | +0.002% | $370K | $5.1M | 2.5x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0007 | −0.121% | $112K | — | 150x | as long as short |
| Deribit SUI_USDC-PERPETUAL | +0.0049% | 1h | 1.0026 | +0.066% | $195K | $562K | 25x | as long as short |
| Bluefin SUI-PERP | +0.0050% | 1h | 1.0007 | −0.124% | $574K | $409K | 25x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0018 | −0.017% | $771K | $5.5M | 10x | as long as short |
| Lighter RH SUIlong | +0.0096% | 1h | 1.0019 | long leg | $296K | $2.2M | 10x |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
dYdX SUI-USD
Kalshi KXSUIPERP
gTrade (Gains Network) SUI/USD
Deribit SUI_USDC-PERPETUAL
Bluefin SUI-PERP
Lighter SUIShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex SUIUSDT | +0.0096% | 1h | 1.0010 | −0.094% | $30K | $539K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0021 | +0.016% | $46K | $208K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0015 | −0.046% | $26K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0010 | −0.094% | $542K | $2.1M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0013 | −0.063% | $876K | $4.3M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0019 | −0.008% | $218K | $257K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0017 | −0.025% | $143.8M | $1.05B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0010 | −0.094% | $97.8M | $318.3M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0020 | +0.006% | $40.6M | $383.1M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0020 | +0.006% | $42K | $330K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0068 | +0.485% | $237K | $2K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0015 | −0.044% | $163.6M | $84.7M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0019 | −0.004% | $149.2M | $293.5M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0014 | −0.054% | $49.2M | $53.7M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0007 | −0.124% | $65.9M | $177.6M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0013 | −0.064% | — | $82.6M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0018 | −0.014% | $620K | $1.4M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0032 | +0.125% | $2.4M | $3.4M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0058 | +0.390% | $162K | $4.6M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0026 | +0.068% | $437K | $7.5M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0061 | +0.415% | $221K | $436K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0015 | −0.044% | $133K | $728K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0034 | +0.146% | $2K | $1.7M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0022 | +0.026% | $6K | $1.9M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0016 | −0.034% | $604K | $19.4M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0020 | +0.006% | $11.5M | $27.7M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0011 | −0.082% | $1.4M | $4.2M | 50x | as long as short |
| 01 Exchange SUIUSD | +0.0104% | 1h | 1.0015 | −0.044% | $9K | $3K | 10x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0027 | +0.075% | $38K | $11K | 3x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0175% | 1h | 1.0021 | +0.011% | $6.7M | $25.0M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0042 | +0.226% | $7.6M | $24.2M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0248% | 1h | 1.0020 | +0.006% | $961K | $14.8M | 50x | as long as short |
| Hyperliquid SUIshort | +0.0348% | 1h | 1.0024 | +0.046% | $71.7M | $83.2M | 10x | |
| Phoenix SUI | +0.0416% | 1h | 1.0059 | +0.394% | $199K | $422K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0596% / S −0.0263% | 1h | 1.0004 | −0.157% | $919K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1440% | 1h | 1.0080 | +0.600% | $81K | $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
01 Exchange SUIUSD
Aevo SUI-PERP
Kraken Futures PF_SUIUSD
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD