Funding you earn now, next payment 23:00 UTC+0.0223%/8h= +24.4% APRnext payment +$0.28 per $10,000 · paid last 24h +0.025%
Price spread now: Phoenix against Extended−0.228%48s7-day average +0.139% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as 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−$350.345% of the position
Funding, last 7 days−0.061%−$6 on $10k
+Price spread, last 3 days (all we have)+0.454%+$45 · spread now −0.228%, 7d avg +0.139%
=Together, before fees+0.393%+ Points / potential airdropExtended: Active · farm board+$39 on $10k · with fees, hour by hour
Funding pays, the price is against you. Phoenix is 0.367% cheaper against Extended than usual: you would sell low and buy high (spread −0.228% now, against its 7-day average of +0.139%). If the spread goes back, that is −$37 on $10k: about 5.5 days of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.061%, so the current rate has only just turned in your favour. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.061% in total (about -3.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.28 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SUI-USD | 1.0400 | 0.0104 | pay 0.0013% / 1h | 4m 19s | $1.4M | $3.8M | 50x |
| Short | Phoenix SUI | 1.0376 | 0.0327 | get 0.0041% / 1h | 4m 19s | $206K | $593K | 10x |
Extended SUI-USD
Phoenix SUIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Extended. 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
- $46.8
- Price spread: −0.228% → +0.139%
- −$36.65
- Slippage, 4 orders
- −$22.53
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$24.38
- Costs to cover
- 0.345%
- Break-even
- 10.6 days
Slippage from Extended: live order book, 5 min ago; Phoenix: live order book, 8 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 Extended live order book, 5 min ago | 0.48 bp | 3.8 bp −$4 | 7.3 bp −$73 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 8 min ago | 0.96 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 | −0.3474% | 1h | 1.0288 | −1.077% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0370% | 1h | 1.0399 | −0.008% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0360% | 1h | 1.0363 | −0.356% | $6K | $19K | 7x | as long as short |
| Bluefin SUI-PERP | −0.0062% | 1h | 1.0383 | −0.163% | $595K | $406K | 25x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0397 | −0.024% | $95K | $175K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0371 | −0.281% | $464K | $5.2M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0385 | −0.144% | $202K | $587K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0002% | 1h | 1.0398 | −0.018% | $120K | — | 150x | as long as short |
| 01 Exchange SUIUSD | +0.0088% | 1h | 1.0406 | +0.058% | $9K | $9K | 10x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0395 | −0.050% | $799K | $5.9M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
Bluefin SUI-PERP
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
01 Exchange SUIUSD
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 | 1.0400 | −0.004% | $261K | $2.0M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0403 | +0.029% | $41K | $494K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0394 | −0.057% | $46K | $327K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0394 | −0.059% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0397 | −0.029% | $658K | $1.4M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0403 | +0.031% | $1.0M | $4.7M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0399 | −0.014% | $226K | $259K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0399 | −0.007% | $154.3M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0395 | −0.048% | $104.4M | $307.8M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0391 | −0.086% | $41.7M | $388.8M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0400 | 0.000% | $46K | $387K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0396 | −0.038% | $167.7M | $81.8M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0396 | −0.038% | $151.1M | $292.8M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0399 | −0.009% | $51.4M | $52.8M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0390 | −0.096% | $68.6M | $167.8M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0397 | −0.029% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0383 | −0.163% | $665K | $1.1M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0349 | −0.489% | $2.3M | $2.9M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0363 | −0.359% | $168K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0373 | −0.262% | $451K | $7.1M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0360 | −0.384% | $236K | $444K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0411 | +0.106% | $108K | $771K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0378 | −0.211% | $2K | $1.9M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0381 | −0.182% | $6K | $2.4M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0366 | −0.327% | $645K | $18.4M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0381 | −0.182% | $11.6M | $25.0M | 50x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0379 | −0.205% | $244K | $2K | 10x | as long as short |
| Extended SUI-USDlong | +0.0104% | 1h | 1.0400 | long leg | $1.4M | $3.8M | 50x | |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0400 | −0.002% | $49K | $37K | 3x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0375 | −0.240% | $8.0M | $24.3M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0224% | 1h | 1.0377 | −0.221% | $976K | $14.0M | 50x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0272% | 1h | 1.0389 | −0.107% | $7.2M | $24.2M | 50x | as long as short |
| Phoenix SUIshort | +0.0327% | 1h | 1.0376 | −0.228% | $206K | $593K | 10x | |
| Hyperliquid SUI | +0.0620% | 1h | 1.0418 | +0.173% | $75.6M | $80.9M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0638% / S −0.0305% | 1h | 1.0369 | −0.295% | $898K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.0831% | 1h | 1.0381 | −0.184% | $94K | $382K | 10x | as long as short |
Lighter RH SUI
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
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
Bulk SUI-USD
Aevo SUI-PERP
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Kraken Futures PF_SUIUSD
Hyperliquid SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD