Funding you earn now, next payment 00:00 UTC−0.0544%/8h= −59.5% APRnext payment −$0.68 per $10,000 · paid last 24h −0.126%
Price spread now: Lighter against GMX+0.058%7-day average −0.006% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.356%−$36 on $10k
+Price spread, last 3 days (all we have)+0.030%+$3 · spread now +0.058%, 7d avg −0.006%
=Together, before fees−0.326%+ Points / potential airdropLighter: Season 3 · farm board−$33 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.063% dearer against GMX than usual: you sell high and buy low (spread +0.058% now, against its 7-day average of −0.006%): +$6 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 9 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX SUI/USD [ETH-USDC] | 1.0363 | L +0.0640% / S −0.0309% | pay 0.0080% / 1h | 45m 13s | $905K | — | 100x |
| Short | Lighter SUI | 1.0369 | 0.0096 | get 0.0012% / 1h | 45m 13s | $797K | $5.9M | 10x |
GMX SUI/USD [ETH-USDC]
Lighter SUIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against GMX. 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
- −$114.15
- Price spread: +0.058% → −0.006%
- $6.32
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$119.83
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Lighter: live order book, 3 min ago. Net counts fees only.
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 GMX no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 3 min ago | 2.22 bp | 7.9 bp −$8 | 21.9 bp −$219 | 242.9 bp −$24.3K | doesn't fit |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.3474% | 1h | 1.0207 | −1.502% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0369% | 1h | 1.0361 | −0.018% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0328% | 1h | 1.0381 | +0.175% | $6K | $19K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0372 | +0.087% | $95K | $66K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0375 | +0.118% | $464K | $5.4M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0367 | +0.042% | $201K | $581K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0002% | 1h | 1.0363 | +0.004% | $120K | — | 150x | as long as short |
| Bluefin SUI-PERP | +0.0004% | 1h | 1.0351 | −0.112% | $593K | $405K | 25x | as long as short |
| Lighter SUIshort | +0.0096% | 1h | 1.0369 | +0.058% | $797K | $5.9M | 10x | |
| Lighter RH SUI | +0.0096% | 1h | 1.0370 | +0.075% | $261K | $2.0M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Bluefin SUI-PERP
Lighter RH SUIShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUIUSD | +0.0096% | 1h | 1.0362 | −0.006% | $9K | $9K | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0360 | −0.025% | $38K | $496K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0099% | 8h | 1.0363 | +0.004% | $46K | $329K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0367 | +0.044% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0360 | −0.025% | $598K | $1.4M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0365 | +0.024% | $1.0M | $4.6M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0374 | +0.106% | $225K | $260K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0364 | +0.013% | $152.3M | $1.02B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0365 | +0.018% | $103.9M | $306.9M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0356 | −0.064% | $41.3M | $386.7M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0360 | −0.025% | $46K | $387K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0371 | +0.080% | $244K | $2K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0359 | −0.035% | $166.0M | $80.9M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0364 | +0.013% | $149.7M | $289.8M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0361 | −0.016% | $51.8M | $52.2M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0355 | −0.074% | $68.0M | $168.8M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0359 | −0.035% | — | $81.7M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0360 | −0.025% | $660K | $1.1M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0378 | +0.150% | $2.3M | $2.8M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0361 | −0.017% | $169K | $4.4M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0356 | −0.068% | $450K | $6.9M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0352 | −0.103% | $235K | $441K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0370 | +0.071% | $108K | $778K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0378 | +0.148% | $2K | $1.9M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0364 | +0.013% | $7K | $2.4M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0369 | +0.061% | $642K | $18.5M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0363 | +0.004% | $11.6M | $24.8M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0362 | −0.010% | $1.4M | $3.8M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0371 | +0.082% | $49K | $37K | 3x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0369 | +0.061% | $7.9M | $24.2M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0224% | 1h | 1.0367 | +0.042% | $987K | $14.0M | 50x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0272% | 1h | 1.0370 | +0.067% | $7.2M | $24.1M | 50x | as long as short |
| Phoenix SUI | +0.0327% | 1h | 1.0364 | +0.013% | $205K | $593K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC]long | L +0.0640% / S −0.0309% | 1h | 1.0363 | long leg | $905K | — | 100x | |
| Hyperliquid SUI | +0.0698% | 1h | 1.0376 | +0.129% | $74.8M | $80.8M | 10x | as long as short |
| Aftermath Perps SUIUSD | +0.0810% | 1h | 1.0357 | −0.058% | $94K | $381K | 10x | as long as short |
01 Exchange SUIUSD
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
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Kraken Futures PF_SUIUSD
Phoenix SUI
Hyperliquid SUI
Aftermath Perps SUIUSD