Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.005%
Price spread now: Lighter RH against Phemex+0.051%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as 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: Lighter RH is 0.029% dearer against Phemex than usual: you sell high and buy low, +$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 | Phemex SUIUSDT | 1.0036 | 0.0100 | pay 0.0100% / 8h | 2h 24m | $11.5M | $27.8M | 50x |
| Short | Lighter RH SUI | 1.0041 | 0.0096 | get 0.0012% / 1h | 24m 55s | $296K | $2.2M | 10x |
Phemex SUIUSDT
Lighter RH SUIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Phemex. 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%
- $2.86
- Slippage, 4 orders
- −$24.33
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$34.31
- Costs to cover
- 0.363%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 4 min ago; Lighter RH: live order book, 3 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 Phemex live order book, 4 min ago | 5.98 bp | 14.8 bp −$15 | 30.2 bp −$302 | doesn't fit | doesn't fit |
| Sell 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 |
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 | +0.159% | $41K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0378% | 1h | 1.0029 | −0.069% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0160% | 1h | 1.0012 | −0.238% | $5K | $19K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0020 | −0.159% | $94K | $294K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0024 | −0.116% | $370K | $5.1M | 2.5x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0037 | +0.012% | $113K | — | 150x | as long as short |
| Bluefin SUI-PERP | +0.0040% | 1h | 1.0025 | −0.110% | $575K | $432K | 25x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0038 | +0.025% | $772K | $5.5M | 10x | as long as short |
| Lighter RH SUIshort | +0.0096% | 1h | 1.0041 | +0.051% | $296K | $2.2M | 10x | |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0028 | −0.080% | $31K | $543K | 50x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
dYdX SUI-USD
Kalshi KXSUIPERP
gTrade (Gains Network) SUI/USD
Bluefin SUI-PERP
Lighter SUI
Popdex SUIUSDTShow 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 | +0.020% | $47K | $206K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0028 | −0.075% | $26K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0032 | −0.042% | $544K | $2.1M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0028 | −0.076% | $877K | $4.3M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0022 | −0.138% | $218K | $257K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0027 | −0.087% | $144.0M | $1.05B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0020 | −0.163% | $97.8M | $318.9M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0026 | −0.100% | $40.8M | $384.3M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0030 | −0.060% | $42K | $330K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0068 | +0.319% | $237K | $2K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0027 | −0.090% | $163.9M | $84.8M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0032 | −0.040% | $148.7M | $293.8M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0028 | −0.080% | $48.9M | $53.7M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0025 | −0.110% | $66.1M | $177.5M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0024 | −0.120% | — | $82.9M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0034 | −0.020% | $621K | $1.4M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0001 | −0.350% | $2.4M | $3.4M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0016 | −0.197% | $161K | $4.6M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0026 | −0.098% | $437K | $7.5M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0015 | −0.209% | $220K | $436K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0035 | −0.010% | $132K | $728K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0055 | +0.189% | $2K | $1.7M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0037 | +0.010% | $6K | $2.0M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0037 | +0.010% | $605K | $19.4M | 75x | as long as short |
| Phemex SUIUSDTlong | +0.0100% | 8h | 1.0036 | long leg | $11.5M | $27.8M | 50x | |
| Extended SUI-USD | +0.0104% | 1h | 1.0025 | −0.107% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0047 | +0.113% | $38K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0112% | 1h | 1.0028 | −0.080% | $9K | $3K | 10x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0175% | 1h | 1.0041 | +0.049% | $6.7M | $25.0M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0036 | 0.000% | $7.6M | $24.3M | 100x | as long as short |
| Deribit SUI_USDC-PERPETUAL | +0.0248% | 1h | 1.0041 | +0.050% | $195K | $562K | 25x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0248% | 1h | 1.0033 | −0.030% | $955K | $14.8M | 50x | as long as short |
| Hyperliquid SUI | +0.0348% | 1h | 1.0039 | +0.030% | $71.7M | $83.5M | 10x | as long as short |
| Phoenix SUI | +0.0416% | 1h | 1.0021 | −0.146% | $198K | $422K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0596% / S −0.0263% | 1h | 1.0038 | +0.023% | $921K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1456% | 1h | 1.0049 | +0.129% | $81K | $409K | 10x | as long as short |
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
Extended SUI-USD
Aevo SUI-PERP
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