Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.005%
Price spread now: Phemex against Lighter RH−0.051%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$360.363% of the position
Funding, last 7 days−0.048%−$5 on $10k
+Price spread, last 4 days (all we have)+0.037%+$4 · spread now −0.051%, 7d avg −0.022%
=Together, before fees−0.011%+ Points / potential airdropLighter RH: Points live · farm board−$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.029% cheaper against Lighter RH than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH SUI | 1.0041 | 0.0096 | pay 0.0012% / 1h | 25m 12s | $296K | $2.2M | 10x |
| Short | Phemex SUIUSDT | 1.0036 | 0.0100 | get 0.0100% / 8h | 2h 25m | $11.5M | $27.8M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0.84
- Price spread: −0.051% → −0.022%
- −$2.85
- Slippage, 4 orders
- −$24.33
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$38.34
- Costs to cover
- 0.363%
- Break-even
- 326.5 days
Slippage from Lighter RH: live order book, 3 min ago; Phemex: 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 Lighter RH live order book, 3 min ago | 3.59 bp | 4.0 bp −$4 | 12.9 bp −$129 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 5.98 bp | 13.5 bp −$14 | 31.9 bp −$319 | 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 | +0.109% | $41K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0378% | 1h | 1.0029 | −0.120% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0160% | 1h | 1.0012 | −0.289% | $5K | $19K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0020 | −0.210% | $94K | $294K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0024 | −0.166% | $370K | $5.1M | 2.5x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0037 | −0.039% | $113K | — | 150x | as long as short |
| Bluefin SUI-PERP | +0.0040% | 1h | 1.0025 | −0.160% | $575K | $432K | 25x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0038 | −0.026% | $772K | $5.5M | 10x | as long as short |
| Lighter RH SUIlong | +0.0096% | 1h | 1.0041 | long leg | $296K | $2.2M | 10x | |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0028 | −0.130% | $31K | $543K | 50x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0038 | −0.031% | $47K | $206K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0028 | −0.126% | $26K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0032 | −0.093% | $544K | $2.1M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0034 | −0.070% | $877K | $4.3M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0022 | −0.188% | $218K | $257K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0035 | −0.061% | $144.1M | $1.05B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0029 | −0.123% | $97.9M | $318.8M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0028 | −0.130% | $40.8M | $384.3M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0030 | −0.111% | $42K | $330K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0068 | +0.268% | $237K | $2K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0039 | −0.021% | $163.9M | $84.8M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0033 | −0.081% | $148.6M | $293.8M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0034 | −0.071% | $49.2M | $53.8M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0036 | −0.051% | $66.1M | $177.4M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0040 | −0.011% | — | $82.8M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 0.9992 | −0.489% | $619K | $1.4M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0001 | −0.401% | $2.4M | $3.4M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0016 | −0.248% | $161K | $4.6M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0026 | −0.149% | $437K | $7.5M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0015 | −0.260% | $220K | $436K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0035 | −0.061% | $132K | $728K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0055 | +0.138% | $2K | $1.7M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0037 | −0.041% | $6K | $2.0M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0037 | −0.041% | $605K | $19.4M | 75x | as long as short |
| Phemex SUIUSDTshort | +0.0100% | 8h | 1.0036 | −0.051% | $11.5M | $27.8M | 50x | |
| Extended SUI-USD | +0.0104% | 1h | 1.0033 | −0.084% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0047 | +0.062% | $38K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0112% | 1h | 1.0028 | −0.130% | $9K | $3K | 10x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0175% | 1h | 1.0041 | −0.002% | $6.7M | $25.0M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0036 | −0.051% | $7.6M | $24.3M | 100x | as long as short |
| Deribit SUI_USDC-PERPETUAL | +0.0248% | 1h | 1.0041 | −0.001% | $195K | $562K | 25x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0248% | 1h | 1.0033 | −0.081% | $955K | $14.8M | 50x | as long as short |
| Hyperliquid SUI | +0.0351% | 1h | 1.0037 | −0.041% | $71.6M | $83.4M | 10x | as long as short |
| Phoenix SUI | +0.0416% | 1h | 1.0021 | −0.197% | $198K | $422K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0596% / S −0.0263% | 1h | 1.0038 | −0.028% | $921K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1456% | 1h | 1.0049 | +0.078% | $81K | $409K | 10x | as long as short |
Lighter RH SUI
Phemex SUIUSDT
Injective SUI/USDC PERP
Kalshi KXSUIPERP
gTrade (Gains Network) SUI/USD
Bluefin SUI-PERP
Lighter SUI
Popdex SUIUSDT
Paradex SUI-USD-PERP
Aster SUIUSDT
Pacifica SUI
Binance SUIUSDT
Bybit SUIUSDT
OKX SUI-USDT-SWAP
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
Extended SUI-USD
01 Exchange SUIUSD
Kraken Futures PF_SUIUSD
BloFin SUI-USDT
Deribit SUI_USDC-PERPETUAL
Coinbase International SUI-PERP-INTX
Hyperliquid SUI
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD