Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Bybit−0.024%7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$390.391% of the position
Funding, last 7 days−0.038%−$4 on $10k
+Price spread, last 4 days (all we have)+0.086%+$9 · spread now −0.024%, 7d avg +0.017%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.042% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.017%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SUIUSDT | 1.0269 | 0.0100 | pay 0.0100% / 8h | 7h 12m | $99.2M | $297.8M | 50x |
| Short | Phemex SUIUSDT | 1.0266 | 0.0100 | get 0.0100% / 8h | 7h 12m | $11.8M | $28.4M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Bybit. 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
- Price spread: −0.024% → +0.017%
- −$4.15
- Slippage, 4 orders
- −$16.09
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$43.25
- Costs to cover
- 0.391%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Phemex: live order book, 2 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 Bybit live order book, 2 min ago | 0.49 bp | 7.4 bp −$7 | 12.4 bp −$124 | 41.3 bp −$4,127 | doesn't fit |
| Sell Phemex live order book, 2 min ago | 2.92 bp | 12.5 bp −$13 | 26.1 bp −$261 | 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 | −0.3240% | 1h | 1.0117 | −1.475% | $42K | $113K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0383% | 1h | 1.0256 | −0.118% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0216% | 1h | 1.0248 | −0.196% | $6K | $17K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0263 | −0.051% | $96K | $245K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0263 | −0.053% | $383K | $4.1M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0272 | +0.034% | $198K | $528K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0265 | −0.036% | $116K | — | 150x | as long as short |
| Bluefin SUI-PERP | +0.0041% | 1h | 1.0254 | −0.141% | $590K | $440K | 25x | as long as short |
| 01 Exchange SUIUSD | +0.0064% | 1h | 1.0252 | −0.161% | $8K | $3K | 10x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0271 | +0.022% | $760K | $4.9M | 10x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SUI | +0.0096% | 1h | 1.0269 | +0.007% | $310K | $2.2M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0254 | −0.141% | $48K | $529K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0268 | −0.005% | $47K | $543K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0256 | −0.127% | $27K | $6K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0251 | −0.170% | $673K | $2.1M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0269 | +0.005% | $916K | $4.1M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0263 | −0.054% | $219K | $248K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0271 | +0.024% | $146.4M | $956.6M | 75x | as long as short |
| Bybit SUIUSDTlong | +0.0100% | 8h | 1.0269 | long leg | $99.2M | $297.8M | 50x | |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0269 | +0.005% | $41.5M | $354.6M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0260 | −0.083% | $45K | $317K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0219 | −0.482% | $234K | $7K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0269 | +0.005% | $169.4M | $80.3M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0271 | +0.024% | $98.8M | $291.8M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0273 | +0.044% | $52.3M | $49.6M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0269 | +0.005% | $67.7M | $161.4M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0271 | +0.024% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0270 | +0.015% | $674K | $1.3M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0254 | −0.141% | $2.4M | $3.2M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0250 | −0.183% | $165K | $4.2M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0256 | −0.122% | $442K | $7.0M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0250 | −0.180% | $207K | $356K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0258 | −0.102% | $124K | $512K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0271 | +0.024% | $3K | $1.5M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0268 | −0.005% | $6K | $1.5M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0273 | +0.044% | $752K | $17.7M | 75x | as long as short |
| Phemex SUIUSDTshort | +0.0100% | 8h | 1.0266 | −0.024% | $11.8M | $28.4M | 50x | |
| Extended SUI-USD | +0.0104% | 1h | 1.0266 | −0.020% | $1.5M | $4.0M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0275 | +0.066% | $39K | $11K | 3x | as long as short |
| Hyperliquid SUI | +0.0173% | 1h | 1.0283 | +0.141% | $74.2M | $76.1M | 10x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0251 | −0.170% | $7.5M | $24.5M | 100x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0280% | 1h | 1.0271 | +0.021% | $6.9M | $21.3M | 50x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0360% | 1h | 1.0260 | −0.083% | $1.0M | $13.5M | 50x | as long as short |
| Phoenix SUI | +0.0426% | 1h | 1.0259 | −0.096% | $204K | $395K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0602% / S −0.0263% | 1h | 1.0264 | −0.045% | $943K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1080% | 1h | 1.0244 | −0.237% | $81K | $412K | 10x | as long as short |
Bybit SUIUSDT
Phemex SUIUSDT
Injective SUI/USDC PERP
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Bluefin SUI-PERP
01 Exchange SUIUSD
Lighter SUI
Lighter RH SUI
Popdex SUIUSDT
Paradex SUI-USD-PERP
Aster SUIUSDT
Pacifica SUI
Binance SUIUSDT
OKX SUI-USDT-SWAP
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
Extended SUI-USD
Hyperliquid SUI
BloFin SUI-USDT
Kraken Futures PF_SUIUSD
Coinbase International SUI-PERP-INTX
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD