Funding you earn now, next payment 09:00 UTC+0.0189%/8h= +20.6% APRnext payment +$0.24 per $10,000 · paid last 24h +0.060%
Price spread now: Phoenix against Arcus−0.040%7-day average +0.108% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$490.490% of the position
Funding, last 4 days (all we have)+0.086%+$9 on $10k
+Price spread, last 4 days (all we have)+0.338%+$34 · spread now −0.040%, 7d avg +0.108%
=Funding pays, the price is against you. Phoenix is 0.148% cheaper against Arcus than usual: you would sell low and buy high (spread −0.040% now, against its 7-day average of +0.108%). If the spread goes back, that is −$15 on $10k: about 2.6 days of funding at the current rate (+$6 a day). At the pace of the last 4 days (+0.086% in total) that is about 6.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus SUI-USD | 1.0210 | 0.0100 | pay 0.0013% / 1h | 58m 55s | $43K | $315K | 10x |
| Short | Phoenix SUI | 1.0206 | 0.0289 | get 0.0036% / 1h | 58m 55s | $203K | $317K | 10x |
Arcus SUI-USD
Phoenix SUIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Arcus. 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
- $39.59
- Price spread: −0.040% → +0.108%
- −$14.84
- Slippage, 4 orders
- −$37.49
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$24.23
- Costs to cover
- 0.490%
- Break-even
- 11.3 days
Slippage from Arcus: live order book, 52 min ago; Phoenix: live order book, 51 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 Arcus live order book, 52 min ago | 9.87 bp | 12.1 bp −$12 | 22.7 bp −$227 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 51 min ago | 0.99 bp | 12.4 bp −$12 | 43.1 bp −$431 | doesn't fit | doesn't fit |
SUI on 46 exchanges
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 | −0.3324% | 1h | 1.0055 | −1.518% | $41K | $113K | 12x | as long as short |
| Hibachi SUI/USDT-P | −0.0544% | 1h | 1.0218 | +0.083% | $5K | $16K | 7x | as long as short |
| Reya SUIRUSDPERP | −0.0385% | 1h | 1.0197 | −0.126% | $4K | $3K | 20x | as long as short |
| Bluefin SUI-PERP | −0.0242% | 1h | 1.0189 | −0.206% | $586K | $409K | 25x | as long as short |
| Kraken Futures PF_SUIUSD | −0.0042% | 1h | 1.0205 | −0.045% | $6.8M | $19.7M | 50x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0212 | +0.017% | $95K | $242K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0217 | +0.072% | $380K | $3.8M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0204 | −0.059% | $194K | $502K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0196 | −0.140% | $116K | — | 150x | as long as short |
| 01 Exchange SUIUSD | +0.0032% | 1h | 1.0208 | −0.020% | $8K | $3K | 10x | as long as short |
Injective SUI/USDC PERP
Hibachi SUI/USDT-P
Reya SUIRUSDPERP
Bluefin SUI-PERP
Kraken Futures PF_SUIUSD
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
01 Exchange SUIUSDShow all 46 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SUI | +0.0096% | 1h | 1.0205 | −0.048% | $742K | $4.5M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0204 | −0.059% | $328K | $2.1M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0208 | −0.020% | $55K | $517K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0099% | 8h | 1.0203 | −0.069% | $55K | $700K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0205 | −0.051% | $27K | $2K | 30x | as long as short |
| Hyperliquid SUI | +0.0100% | 1h | 1.0211 | +0.005% | $73.2M | $67.5M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0208 | −0.023% | $904K | $3.5M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0213 | +0.026% | $217K | $207K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0204 | −0.059% | $144.1M | $877.1M | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0203 | −0.070% | $97.5M | $271.5M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0204 | −0.059% | $41.4M | $318.8M | 50x | as long as short |
| Arcus SUI-USDlong | +0.0100% | 1h | 1.0210 | long leg | $43K | $315K | 10x | |
| Bulk SUI-USD | +0.0100% | 1h | 1.0195 | −0.150% | $233K | $8K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0207 | −0.029% | $168.6M | $67.5M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0210 | 0.000% | $96.3M | $244.9M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0210 | 0.000% | $50.7M | $46.9M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0202 | −0.078% | $66.9M | $142.1M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0206 | −0.039% | — | $84.1M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0198 | −0.118% | $652K | $1.2M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0187 | −0.224% | $2.4M | $2.8M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0192 | −0.179% | $164K | $3.9M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0213 | +0.028% | $439K | $6.7M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0193 | −0.167% | $225K | $370K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0208 | −0.020% | $123K | $480K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0216 | +0.059% | $3K | $1.3M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0202 | −0.078% | $6K | $1.4M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0203 | −0.069% | $755K | $16.8M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0203 | −0.069% | $11.8M | $28.3M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0199 | −0.111% | $1.5M | $3.5M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0204 | −0.059% | $39K | $11K | 3x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0203 | −0.069% | $7.5M | $22.6M | 100x | as long as short |
| Phoenix SUIshort | +0.0289% | 1h | 1.0206 | −0.040% | $203K | $317K | 10x | |
| Coinbase International SUI-PERP-INTX | +0.0312% | 1h | 1.0228 | +0.176% | $1.0M | $11.4M | 50x | as long as short |
| Nado SUI-PERP | +0.0364% | 1h | 1.0209 | −0.005% | $663K | $2.0M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0609% / S −0.0268% | 1h | 1.0202 | −0.074% | $950K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.0875% | 1h | 1.0211 | +0.005% | $80K | $405K | 10x | as long as short |
Lighter SUI
Lighter RH SUI
Popdex SUIUSDT
Orderly PERP_SUI_USDC
Paradex SUI-USD-PERP
Hyperliquid SUI
Aster SUIUSDT
Pacifica SUI
Binance SUIUSDT
Bybit SUIUSDT
OKX SUI-USDT-SWAP
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
Nado SUI-PERP
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD