Funding you earn now, next payment 11:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.016%
Price spread now: Lighter against Deribit+0.011%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$240.238% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)−0.038%−$4 · spread now +0.011%, 7d avg −0.017%
=Together, before fees−0.020%+ Points / potential airdropLighter: Season 3 · farm board−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Lighter is 0.028% dearer against Deribit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.017%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit SUI_USDC-PERPETUAL | 1.0149 | 0 | get 0.0000% / 1h | 49m 52s | $193K | $500K | 25x |
| Short | Lighter SUI | 1.0150 | 0.0096 | get 0.0012% / 1h | 49m 52s | $737K | $4.5M | 10x |
Deribit SUI_USDC-PERPETUAL
Lighter SUIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Deribit. 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
- $20.16
- Price spread: +0.011% → −0.017%
- $2.75
- Slippage, 4 orders
- −$16.77
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$0.86
- Costs to cover
- 0.238%
- Break-even
- 7.3 days
Slippage from Deribit: live order book, 62 min ago; Lighter: 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 Deribit live order book, 62 min ago | 2.96 bp | 6.5 bp −$6 | 15.3 bp −$153 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 2.65 bp | 6.0 bp −$6 | 13.2 bp −$132 | 102.4 bp −$10.2K | doesn't fit |
SUI on 46 exchanges
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 | −0.3324% | 1h | 1.0075 | −0.729% | $41K | $113K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0385% | 1h | 1.0141 | −0.077% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0376% | 1h | 1.0146 | −0.033% | $5K | $16K | 7x | as long as short |
| Bluefin SUI-PERP | −0.0273% | 1h | 1.0134 | −0.148% | $583K | $407K | 25x | as long as short |
| Kraken Futures PF_SUIUSD | −0.0042% | 1h | 1.0152 | +0.029% | $6.9M | $19.6M | 50x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0153 | +0.044% | $95K | $241K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0155 | +0.056% | $379K | $3.7M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUALlong | 0.0000% | 1h | 1.0149 | long leg | $193K | $500K | 25x | |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0165 | +0.153% | $116K | — | 150x | as long as short |
| 01 Exchange SUIUSD | +0.0024% | 1h | 1.0153 | +0.039% | $8K | $3K | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
Bluefin SUI-PERP
Kraken Futures PF_SUIUSD
dYdX SUI-USD
Kalshi KXSUIPERP
gTrade (Gains Network) SUI/USD
01 Exchange SUIUSDShow all 46 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SUIshort | +0.0096% | 1h | 1.0150 | +0.011% | $737K | $4.5M | 10x | |
| Lighter RH SUI | +0.0096% | 1h | 1.0152 | +0.031% | $326K | $2.1M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0152 | +0.030% | $55K | $517K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0099% | 8h | 1.0148 | −0.010% | $55K | $700K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0142 | −0.074% | $27K | $2K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0155 | +0.059% | $659K | $2.0M | 10x | as long as short |
| Hyperliquid SUI | +0.0100% | 1h | 1.0159 | +0.099% | $72.8M | $66.1M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0153 | +0.042% | $902K | $3.5M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0145 | −0.039% | $216K | $207K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0152 | +0.030% | $143.5M | $870.4M | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0149 | −0.002% | $97.0M | $268.9M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0147 | −0.020% | $41.1M | $314.9M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0150 | +0.010% | $43K | $310K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0190 | +0.404% | $233K | $8K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0149 | 0.000% | $167.9M | $67.6M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0150 | +0.010% | $96.0M | $245.9M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0155 | +0.059% | $50.4M | $46.4M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0146 | −0.030% | $66.5M | $140.4M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0151 | +0.020% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0149 | 0.000% | $649K | $1.2M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0141 | −0.080% | $2.4M | $2.7M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0166 | +0.167% | $163K | $3.8M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0163 | +0.137% | $440K | $6.7M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0168 | +0.187% | $204K | $385K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0158 | +0.089% | $122K | $475K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0167 | +0.177% | $2K | $1.3M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0148 | −0.010% | $6K | $1.4M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0149 | 0.000% | $750K | $16.8M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0150 | +0.010% | $11.7M | $28.2M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0147 | −0.023% | $1.5M | $3.5M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0149 | −0.004% | $39K | $11K | 3x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0147 | −0.020% | $7.5M | $22.5M | 100x | as long as short |
| Phoenix SUI | +0.0250% | 1h | 1.0180 | +0.303% | $203K | $318K | 10x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0312% | 1h | 1.0157 | +0.079% | $1.0M | $11.2M | 50x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0607% / S −0.0268% | 1h | 1.0149 | −0.005% | $945K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.0884% | 1h | 1.0171 | +0.221% | $80K | $405K | 10x | as long as short |
Lighter RH SUI
Popdex SUIUSDT
Orderly PERP_SUI_USDC
Paradex SUI-USD-PERP
Nado SUI-PERP
Hyperliquid SUI
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-USDC
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
BloFin SUI-USDT
Phoenix SUI
Coinbase International SUI-PERP-INTX
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD