Funding you earn now, next payment 09:00 UTC+0.0185%/8h= +20.2% APRnext payment +$0.23 per $10,000 · paid last 24h +0.025%
Price spread now: Kraken Futures against Lighter+0.009%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$380.382% of the position
Funding, last 7 days+0.073%+$7 on $10k
+Price spread, last 4 days (all we have)−0.228%−$23 · spread now +0.009%, 7d avg +0.011%
=Together, before fees−0.155%+ Points / potential airdropLighter: Season 3 · farm board−$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.073% in total (about 3.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.23 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SUI | 1.0245 | 0.0096 | pay 0.0012% / 1h | 21m 17s | $755K | $4.9M | 10x |
| Short | Kraken Futures PF_SUIUSD | 1.0246 | 0.0281 | get 0.0035% / 1h | 21m 17s | $6.9M | $21.4M | 50x |
Lighter SUI
Kraken Futures PF_SUIUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Lighter. 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
- $38.83
- Price spread: +0.009% → +0.011%
- −$0.17
- Slippage, 4 orders
- −$28.18
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $0.48
- Costs to cover
- 0.382%
- Break-even
- 6.9 days
Slippage from Lighter: live order book, 7 min ago; Kraken Futures: 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 Lighter live order book, 7 min ago | 2.42 bp | 5.4 bp −$5 | 17.1 bp −$171 | 107.3 bp −$10.7K | doesn't fit |
| Sell Kraken Futures live order book, 3 min ago | 0.49 bp | 11.0 bp −$11 | 16.8 bp −$168 | 52.2 bp −$5,219 | 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 | −0.3240% | 1h | 1.0007 | −2.323% | $41K | $113K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0383% | 1h | 1.0231 | −0.135% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0184% | 1h | 1.0214 | −0.304% | $5K | $17K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0231 | −0.137% | $96K | $245K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0233 | −0.118% | $380K | $4.2M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0244 | −0.010% | $197K | $531K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0219 | −0.255% | $115K | — | 150x | as long as short |
| 01 Exchange SUIUSD | +0.0080% | 1h | 1.0224 | −0.205% | $8K | $3K | 10x | as long as short |
| Bluefin SUI-PERP | +0.0085% | 1h | 1.0228 | −0.166% | $586K | $442K | 25x | as long as short |
| Lighter SUIlong | +0.0096% | 1h | 1.0245 | long leg | $755K | $4.9M | 10x |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
01 Exchange SUIUSD
Bluefin SUI-PERPShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SUI | +0.0096% | 1h | 1.0247 | +0.019% | $310K | $2.2M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0224 | −0.205% | $47K | $531K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0240 | −0.049% | $47K | $502K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0221 | −0.233% | $27K | $7K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0225 | −0.195% | $675K | $2.1M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0243 | −0.020% | $909K | $4.2M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0221 | −0.238% | $218K | $250K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0242 | −0.029% | $146.1M | $971.4M | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0240 | −0.044% | $98.7M | $300.5M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0241 | −0.039% | $41.3M | $358.6M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0230 | −0.146% | $43K | $317K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0089 | −1.522% | $231K | $7K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0239 | −0.059% | $168.1M | $79.9M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0243 | −0.020% | $98.8M | $290.3M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0246 | +0.010% | $51.8M | $49.9M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0239 | −0.059% | $67.7M | $163.6M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0242 | −0.029% | — | $87.3M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0219 | −0.254% | $669K | $1.3M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0103 | −1.391% | $2.4M | $3.3M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0193 | −0.509% | $165K | $4.2M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0207 | −0.376% | $440K | $7.0M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0204 | −0.400% | $206K | $356K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0227 | −0.176% | $123K | $513K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0241 | −0.039% | $2K | $1.5M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0244 | −0.010% | $6K | $1.5M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0239 | −0.059% | $641K | $17.6M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0239 | −0.059% | $11.8M | $28.3M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0237 | −0.078% | $1.4M | $4.0M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0246 | +0.006% | $39K | $11K | 3x | as long as short |
| Hyperliquid SUI | +0.0154% | 1h | 1.0244 | −0.010% | $73.8M | $76.0M | 10x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0238 | −0.068% | $7.6M | $24.5M | 100x | as long as short |
| Kraken Futures PF_SUIUSDshort | +0.0281% | 1h | 1.0246 | +0.009% | $6.9M | $21.4M | 50x | |
| Coinbase International SUI-PERP-INTX | +0.0360% | 1h | 1.0219 | −0.254% | $1.0M | $13.8M | 50x | as long as short |
| Phoenix SUI | +0.0426% | 1h | 1.0128 | −1.145% | $202K | $395K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0602% / S −0.0263% | 1h | 1.0240 | −0.050% | $940K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1114% | 1h | 1.0170 | −0.731% | $80K | $412K | 10x | as long as short |
Lighter RH SUI
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
Hyperliquid SUI
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD