SUI funding comparison: questions and answers
Where is SUI funding the highest right now?
Lighter: 10.5%, Hyperliquid: 5.5%, Bybit: 2.9%, Binance: -0.1% APR. A positive rate means longs pay shorts.
How can you earn the SUI funding spread?
Short SUI on Lighter and go long the same size on Binance: the price risk is hedged, and the difference of 10.6% a year is collected while it lasts. Fees, the price gap between exchanges and a change of the rates eat into the profit, and each side can be liquidated.
What has SUI funding averaged on Hyperliquid and Lighter?
Hyperliquid: 7.3% over 24 hours and 7.1% over 7 days. Lighter: 10.5% over 24 hours and 10.5% over 7 days (APR).