Funding you earn now, next payment 22:00 UTC+0.0126%/8h= +13.7% APRpaid last 24h +0.004%
Price spread now: Phoenix against BloFin+0.206%106s7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$390.393% of the position
Funding, last 7 days−0.196%−$20 on $10k
+Price spread, last 3 days (all we have)−0.364%−$36 · spread now +0.206%, 7d avg +0.042%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Phoenix is 0.164% dearer against BloFin than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.042%. Mind the row above: over the last 7 days funding on this pair cost −0.196%, so the current rate has only just turned in your favour. The two prices were read 106 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SUI-USDT | 1.0260 | 0.0220 | pay 0.0220% / 8h | 1h 33m | $7.9M | $23.8M | 100x |
| Short | Phoenix SUI | 1.0281 | 0.0346 | get 0.0043% / 1h | 33m 27s | $203K | $574K | 10x |
BloFin SUI-USDT
Phoenix SUIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against BloFin. 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
- $26.36
- Price spread: +0.206% → +0.042%
- $16.36
- Slippage, 4 orders
- −$20.28
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $3.44
- Costs to cover
- 0.393%
- Break-even
- 6.1 days
Slippage from BloFin: live order book, 6 min ago; Phoenix: live order book, 49 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 BloFin live order book, 6 min ago | 0.97 bp | 7.0 bp −$7 | 10.2 bp −$102 | 23.1 bp −$2,306 | 50.3 bp −$25.2K |
| Sell Phoenix live order book, 49 min ago | 0.98 bp | 12.3 bp −$12 | 42.9 bp −$429 | 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 | −0.2926% | 1h | 1.0133 | −1.238% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0368% | 1h | 1.0262 | +0.022% | $4K | $3K | 20x | as long as short |
| Bluefin SUI-PERP | −0.0139% | 1h | 1.0248 | −0.117% | $587K | $406K | 25x | as long as short |
| Hibachi SUI/USDT-P | −0.0120% | 1h | 1.0264 | +0.034% | $6K | $18K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0275 | +0.143% | $94K | $66K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0236 | −0.231% | $457K | $5.5M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0274 | +0.136% | $190K | $562K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0002% | 1h | 1.0260 | +0.005% | $119K | — | 150x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0278 | +0.174% | $790K | $5.9M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0278 | +0.176% | $259K | $2.0M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Bluefin SUI-PERP
Hibachi SUI/USDT-P
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Lighter SUI
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 | 1.0273 | +0.127% | $37K | $503K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0098% | 8h | 1.0259 | −0.010% | $45K | $371K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0275 | +0.142% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0267 | +0.068% | $597K | $1.4M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0273 | +0.130% | $1.0M | $4.5M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0279 | +0.182% | $223K | $262K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0261 | +0.014% | $151.4M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0262 | +0.020% | $102.8M | $307.2M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0259 | −0.010% | $41.0M | $383.9M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0290 | +0.292% | $148K | $284K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0303 | +0.416% | $242K | $2K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0262 | +0.019% | $165.0M | $80.7M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0266 | +0.058% | $148.9M | $295.9M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0270 | +0.097% | $51.7M | $52.1M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0261 | +0.010% | $67.6M | $168.4M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0261 | +0.010% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0283 | +0.224% | $652K | $1.1M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0282 | +0.218% | $2.3M | $2.8M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0263 | +0.028% | $165K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0249 | −0.109% | $444K | $7.0M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0270 | +0.097% | $233K | $441K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0273 | +0.127% | $107K | $790K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0255 | −0.049% | $2K | $1.9M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0282 | +0.214% | $6K | $2.4M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0280 | +0.195% | $631K | $18.7M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0276 | +0.156% | $11.5M | $24.7M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0274 | +0.133% | $1.4M | $3.8M | 50x | as long as short |
| 01 Exchange SUIUSD | +0.0104% | 1h | 1.0277 | +0.166% | $9K | $9K | 10x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0279 | +0.190% | $49K | $37K | 3x | as long as short |
| BloFin SUI-USDTlong | +0.0220% | 8h | 1.0260 | long leg | $7.9M | $23.8M | 100x | |
| Coinbase International SUI-PERP-INTX | +0.0248% | 1h | 1.0269 | +0.088% | $981K | $13.8M | 50x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0295% | 1h | 1.0294 | +0.328% | $7.2M | $24.2M | 50x | as long as short |
| Phoenix SUIshort | +0.0346% | 1h | 1.0281 | +0.206% | $203K | $574K | 10x | |
| Hyperliquid SUI | +0.0490% | 1h | 1.0282 | +0.214% | $73.3M | $81.0M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0636% / S −0.0309% | 1h | 1.0259 | −0.009% | $896K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.0720% | 1h | 1.0277 | +0.169% | $94K | $381K | 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-USDC
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
01 Exchange SUIUSD
Aevo SUI-PERP
Coinbase International SUI-PERP-INTX
Kraken Futures PF_SUIUSD
Hyperliquid SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD