SUI

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.079%

Price spread now: Coinbase International against Lighter0.000%7-day average +0.094% · you sell dearer than you buy

Net, funding: paid 7d − costs−$2as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$380.383% of the position

Long on Lighter Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.359%+$36 on $10k

Price spread, last 3 days (all we have)+0.009%+$1 · spread now 0.000%, 7d avg +0.094%

Together, before fees+0.369%+ Points / potential airdropLighter: Season 3 · farm board+$37 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.094% cheaper against Lighter than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.094%). If the spread goes back, that is −$9 on $10k: about 3.0 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter SUI	1.0559	0.0096	pay 0.0012% / 1h	27m 00s	$818K	$5.8M	10x
Short	Coinbase International SUI-PERP-INTX	1.0559	0.0200	get 0.0025% / 1h	27m 00s	$996K	$14.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee Coinbase InternationalbpOrdersPrice spread, now 0.000%Rate

Funding earned: $21.84
Price spread: 0.000% → +0.094%: −$9.39
Slippage, 4 orders: −$28.33
Fee Lighter: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$25.88
Costs to cover: 0.383%
Break-even: 15.3 days

Slippage from Lighter: live order book, 6 min ago; Coinbase International: live order book, 2 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 live order book, 6 min ago	2.19 bp	5.1 bp −$5	14.4 bp −$144	102.4 bp −$10.2K	doesn't fit
Sell Coinbase International live order book, 2 min ago	4.74 bp	15.6 bp −$16	22.4 bp −$224	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	−0.3416%	1h	1.0330	−2.169%	$42K	$123K	12x	as long as short
Bluefin SUI-PERP	−0.0586%	1h	1.0544	−0.142%	$605K	$408K	25x	as long as short
Hibachi SUI/USDT-P	−0.0440%	1h	1.0549	−0.091%	$6K	$18K	7x	as long as short
Reya SUIRUSDPERP	−0.0371%	1h	1.0551	−0.076%	$4K	$3K	20x	as long as short
Phemex SUIUSDT	−0.0260%	8h	1.0562	+0.028%	$11.8M	$25.2M	50x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0551	−0.076%	$97K	$169K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0562	+0.030%	$484K	$4.9M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0558	−0.009%	$205K	$582K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0002%	1h	1.0560	+0.009%	$122K	—	150x	as long as short
Kraken Futures PF_SUIUSD	+0.0038%	1h	1.0563	+0.039%	$7.3M	$23.8M	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange SUIUSD	+0.0072%	1h	1.0560	+0.009%	$9K	$9K	10x	as long as short
Lighter SUIlong	+0.0096%	1h	1.0559	long leg	$818K	$5.8M	10x
Lighter RH SUI	+0.0096%	1h	1.0562	+0.033%	$276K	$2.0M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0557	−0.019%	$30K	$481K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0556	−0.028%	$47K	$312K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0589	+0.284%	$28K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0554	−0.043%	$671K	$1.4M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0559	+0.003%	$1.0M	$4.8M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0558	−0.009%	$229K	$253K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0566	+0.068%	$157.1M	$1.02B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0559	+0.004%	$105.8M	$304.3M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0559	0.000%	$42.4M	$388.4M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0550	−0.085%	$47K	$387K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0564	+0.049%	$248K	$1K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0559	0.000%	$170.8M	$81.1M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0556	−0.028%	$156.2M	$295.1M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0552	−0.066%	$51.4M	$52.7M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0556	−0.028%	$69.4M	$165.3M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0561	+0.019%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0557	−0.019%	$678K	$1.1M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0491	−0.645%	$2.4M	$2.9M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0548	−0.107%	$171K	$4.5M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0526	−0.313%	$459K	$7.3M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0560	+0.009%	$242K	$479K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0563	+0.038%	$120K	$752K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0565	+0.057%	$3K	$1.9M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0557	−0.019%	$6K	$2.3M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0552	−0.066%	$651K	$18.6M	75x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0551	−0.078%	$1.5M	$3.9M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0560	+0.013%	$40K	$16K	3x	as long as short
Coinbase International SUI-PERP-INTXshort	+0.0200%	1h	1.0559	0.000%	$996K	$14.4M	50x
BloFin SUI-USDT	+0.0220%	8h	1.0547	−0.114%	$8.1M	$24.7M	100x	as long as short
Phoenix SUI	+0.0299%	1h	1.0559	+0.001%	$209K	$590K	10x	as long as short
Hyperliquid SUI	+0.0401%	1h	1.0573	+0.132%	$76.9M	$79.3M	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0641% / S −0.0324%	1h	1.0557	−0.017%	$918K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.0913%	1h	1.0528	−0.297%	$76K	$381K	10x	as long as short