Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.005%
Price spread now: Phemex against Lighter+0.111%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$330.329% of the position
Funding, last 7 days−0.098%−$10 on $10k
+Price spread, last 4 days (all we have)−0.146%−$15 · spread now +0.111%, 7d avg 0.000%
=Together, before fees−0.244%+ Points / potential airdropLighter: Season 3 · farm board−$24 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: Phemex is 0.111% dearer against Lighter than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of 0.000%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SUI | 1.0183 | 0.0096 | pay 0.0012% / 1h | 23m 27s | $788K | $5.3M | 10x |
| Short | Phemex SUIUSDT | 1.0194 | 0.0100 | get 0.0100% / 8h | 1h 23m | $11.8M | $28.3M | 50x |
Lighter SUI
Phemex SUIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0.84
- Price spread: +0.111% → 0.000%
- $11.14
- Slippage, 4 orders
- −$20.87
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$20.89
- Costs to cover
- 0.329%
- Break-even
- 181.1 days
Slippage from Lighter: live order book, 5 min ago; Phemex: 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 Lighter live order book, 5 min ago | 6.59 bp | 8.1 bp −$8 | 12.5 bp −$125 | 92.6 bp −$9,259 | doesn't fit |
| Sell Phemex live order book, 6 min ago | 0.99 bp | 8.3 bp −$8 | 15.5 bp −$155 | 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 | −0.3536% | 1h | 1.0080 | −1.009% | $41K | $113K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0380% | 1h | 1.0166 | −0.164% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0240% | 1h | 1.0182 | −0.008% | $5K | $21K | 7x | as long as short |
| Bluefin SUI-PERP | −0.0086% | 1h | 1.0162 | −0.203% | $583K | $424K | 25x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0178 | −0.046% | $95K | $258K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0192 | +0.093% | $373K | $4.9M | 2.5x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0200 | +0.166% | $115K | — | 150x | as long as short |
| Deribit SUI_USDC-PERPETUAL | +0.0044% | 1h | 1.0198 | +0.150% | $196K | $563K | 25x | as long as short |
| Lighter SUIlong | +0.0096% | 1h | 1.0183 | long leg | $788K | $5.3M | 10x | |
| Lighter RH SUI | +0.0096% | 1h | 1.0185 | +0.022% | $298K | $2.2M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
Bluefin SUI-PERP
dYdX SUI-USD
Kalshi KXSUIPERP
gTrade (Gains Network) SUI/USD
Deribit SUI_USDC-PERPETUAL
Lighter RH SUIShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex SUIUSDT | +0.0096% | 1h | 1.0167 | −0.154% | $37K | $521K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0176 | −0.066% | $47K | $217K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0178 | −0.051% | $27K | $8K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0164 | −0.184% | $536K | $2.1M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0177 | −0.056% | $899K | $4.3M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0181 | −0.018% | $218K | $260K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0178 | −0.046% | $145.7M | $1.01B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0173 | −0.095% | $98.6M | $314.9M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0178 | −0.046% | $41.1M | $376.8M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0170 | −0.125% | $43K | $328K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0119 | −0.624% | $238K | $2K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0168 | −0.144% | $167.2M | $83.5M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0170 | −0.125% | $152.5M | $292.3M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0170 | −0.125% | $50.0M | $52.8M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0173 | −0.095% | $67.0M | $172.2M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0175 | −0.076% | — | $86.8M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0192 | +0.091% | $670K | $1.3M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0199 | +0.157% | $2.4M | $3.5M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0162 | −0.204% | $163K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0172 | −0.106% | $440K | $7.2M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0168 | −0.144% | $223K | $379K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0174 | −0.085% | $127K | $673K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0182 | −0.007% | $2K | $1.6M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0195 | +0.121% | $6K | $1.8M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0182 | −0.007% | $627K | $18.5M | 75x | as long as short |
| Phemex SUIUSDTshort | +0.0100% | 8h | 1.0194 | +0.111% | $11.8M | $28.3M | 50x | |
| Extended SUI-USD | +0.0104% | 1h | 1.0173 | −0.091% | $1.4M | $4.0M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0182 | −0.008% | $39K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0192% | 1h | 1.0170 | −0.125% | $9K | $2K | 10x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0197 | +0.140% | $7.6M | $24.6M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0280% | 1h | 1.0198 | +0.150% | $1.0M | $14.7M | 50x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0364% | 1h | 1.0196 | +0.127% | $6.8M | $22.3M | 50x | as long as short |
| Phoenix SUI | +0.0431% | 1h | 1.0208 | +0.249% | $202K | $413K | 10x | as long as short |
| Hyperliquid SUI | +0.0436% | 1h | 1.0181 | −0.018% | $73.2M | $81.3M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0601% / S −0.0263% | 1h | 1.0187 | +0.045% | $936K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1367% | 1h | 1.0175 | −0.080% | $82K | $410K | 10x | as long as short |
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
Extended SUI-USD
Aevo SUI-PERP
01 Exchange SUIUSD
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Kraken Futures PF_SUIUSD
Phoenix SUI
Hyperliquid SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD