Funding you earn now, next payment 05:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.024%
Price spread now: Phemex against dYdX−0.599%7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$305as in the Funding arb table
Net, price: spread back to 7d avg − costs−$377as in the Price arb table
costs, in and out, $10k−$3153.146% of the position
Funding, last 7 days+0.099%+$10 on $10k
+Price spread, last 4 days (all we have)+0.652%+$65 · spread now −0.599%, 7d avg +0.029%
=Funding pays, the price is against you. Phemex is 0.628% cheaper against dYdX than usual: you would sell low and buy high (spread −0.599% now, against its 7-day average of +0.029%). If the spread goes back, that is −$63 on $10k: about 21 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.099% in total) that is about 44 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX SUI-USD | 1.0374 | 0 | get 0.0000% / 1h | 53m 44s | $130K | $227K | 10x |
| Short | Phemex SUIUSDT | 1.0312 | 0.0100 | get 0.0100% / 8h | 3h 53m | $11.8M | $26.9M | 50x |
dYdX SUI-USD
Phemex SUIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against dYdX. 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
- $21
- Price spread: −0.599% → +0.029%
- −$62.82
- Slippage, 4 orders
- −$292.56
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$356.38
- Costs to cover
- 3.146%
- Break-even
- 125.8 days
Slippage from dYdX: live order book, 20 min ago; Phemex: live order book, 5 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 dYdX live order book, 20 min ago | 30.82 bp | 112.0 bp −$112 | 346.3 bp −$3,463 | 796.7 bp −$79.7K | 954.1 bp −$477.0K |
| Sell Phemex live order book, 5 min ago | 3.38 bp | 12.8 bp −$13 | 26.5 bp −$265 | 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 | −0.3470% | 1h | 1.0250 | −1.197% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0376% | 1h | 1.0348 | −0.248% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0304% | 1h | 1.0354 | −0.197% | $6K | $19K | 7x | as long as short |
| Kraken Futures PF_SUIUSD | −0.0067% | 1h | 1.0343 | −0.298% | $6.8M | $26.9M | 50x | as long as short |
| dYdX SUI-USDlong | 0.0000% | 1h | 1.0374 | long leg | $130K | $227K | 10x | |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0365 | −0.088% | $496K | $5.0M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0343 | −0.300% | $201K | $572K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0351 | −0.223% | $116K | — | 150x | as long as short |
| Bluefin SUI-PERP | +0.0009% | 1h | 1.0333 | −0.396% | $592K | $406K | 25x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0368 | −0.056% | $801K | $5.4M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
Kraken Futures PF_SUIUSD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Bluefin SUI-PERP
Lighter SUIShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SUI | +0.0096% | 1h | 1.0370 | −0.037% | $299K | $2.2M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0367 | −0.069% | $43K | $513K | 50x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0379 | +0.047% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0356 | −0.170% | $584K | $2.1M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0364 | −0.097% | $907K | $4.6M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0376 | +0.016% | $224K | $259K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0368 | −0.056% | $150.3M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0375 | +0.009% | $102.0M | $309.8M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0373 | −0.011% | $40.6M | $388.9M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0380 | +0.057% | $44K | $330K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0369 | −0.050% | $244K | $5K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0361 | −0.127% | $169.8M | $80.9M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0362 | −0.117% | $152.5M | $292.0M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0363 | −0.107% | $50.0M | $53.9M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0362 | −0.117% | $67.7M | $172.5M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0363 | −0.107% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0342 | −0.310% | $653K | $1.4M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0363 | −0.110% | $2.5M | $3.4M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0362 | −0.118% | $170K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0356 | −0.177% | $452K | $7.6M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0364 | −0.098% | $228K | $429K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0367 | −0.069% | $123K | $746K | 10x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0344 | −0.290% | $48K | $143K | 20x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0346 | −0.271% | $2K | $1.7M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0343 | −0.300% | $14K | $2.1M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0344 | −0.290% | $583K | $19.6M | 75x | as long as short |
| Phemex SUIUSDTshort | +0.0100% | 8h | 1.0312 | −0.599% | $11.8M | $26.9M | 50x | |
| Extended SUI-USD | +0.0104% | 1h | 1.0357 | −0.169% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0351 | −0.228% | $39K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0136% | 1h | 1.0367 | −0.069% | $9K | $2K | 10x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0379 | +0.047% | $7.9M | $24.9M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0248% | 1h | 1.0346 | −0.271% | $975K | $15.0M | 50x | as long as short |
| Phoenix SUI | +0.0390% | 1h | 1.0371 | −0.035% | $210K | $415K | 10x | as long as short |
| Hyperliquid SUI | +0.0396% | 1h | 1.0379 | +0.047% | $75.0M | $81.4M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0612% / S −0.0267% | 1h | 1.0350 | −0.235% | $957K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1486% | 1h | 1.0377 | +0.027% | $83K | $402K | 10x | as long as short |
Lighter RH SUI
Popdex SUIUSDT
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
Orderly PERP_SUI_USDC
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
Phoenix SUI
Hyperliquid SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD