SUI

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0097%/8h= +10.6% APRpaid last 24h +0.023%

Price spread now: Phemex against gTrade (Gains Network)−0.115%7-day average +0.015% · 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−$307as in the Price arb table

costs, in and out, $10k−$2942.944% of the position

Long on gTrade (Gains Network)Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.092%+$9 on $10k

Price spread, last 3 days (all we have)+0.138%+$14 · spread now −0.115%, 7d avg +0.015%

Together, before fees+0.230%+$23 on $10k · with fees, hour by hour

Funding pays, the price is against you. Phemex is 0.130% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.115% now, against its 7-day average of +0.015%). If the spread goes back, that is −$13 on $10k: about 4.5 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) SUI/USD	1.0409	L +0.0003% / S −0.0003%	pay 0.0000% / 1h	2m 28s	$113K	—	150x
Short	Phemex SUIUSDT	1.0397	0.0100	get 0.0100% / 8h	6h 02m	$11.6M	$25.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against gTrade (Gains Network). Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee PhemexbpOrdersPrice spread, now −0.115%Rate

Funding earned: $20.42
Price spread: −0.115% → +0.015%: −$13.05
Slippage, 4 orders: −$272.36
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$286.98
Costs to cover: 2.944%
Break-even: 105.4 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 1 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 gTrade (Gains Network) virtual book (oracle venue), 1 min ago	130.04 bp	142.8 bp −$143	977.3 bp −$9,773	10438.7 bp −$1.04M	doesn't fit
Sell Phemex live order book, 2 min ago	0.96 bp	9.5 bp −$9	17.0 bp −$170	doesn't fit	doesn't fit

SUI on 45 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	−0.4499%	1h	1.0252	−1.508%	$42K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0373%	1h	1.0400	−0.083%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0280%	1h	1.0404	−0.045%	$6K	$19K	7x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0386	−0.220%	$95K	$169K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0413	+0.034%	$519K	$4.9M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0418	+0.086%	$202K	$577K	25x	as long as short
gTrade (Gains Network) SUI/USDlong	L +0.0003% / S −0.0003%	1h	1.0409	long leg	$113K	—	150x
Kraken Futures PF_SUIUSD	+0.0011%	1h	1.0423	+0.138%	$6.8M	$26.9M	50x	as long as short
Bluefin SUI-PERP	+0.0060%	1h	1.0404	−0.048%	$595K	$414K	25x	as long as short
Lighter SUI	+0.0096%	1h	1.0393	−0.159%	$820K	$5.7M	10x	as long as short

Show all 45 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SUI	+0.0096%	1h	1.0390	−0.187%	$277K	$2.1M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0399	−0.096%	$31K	$501K	50x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0396	−0.122%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0395	−0.134%	$719K	$1.9M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0392	−0.162%	$912K	$4.8M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0389	−0.194%	$227K	$268K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0401	−0.077%	$152.2M	$1.04B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0403	−0.061%	$103.4M	$309.9M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0402	−0.067%	$41.0M	$387.2M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0400	−0.086%	$44K	$373K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0351	−0.557%	$243K	$4K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0391	−0.173%	$164.5M	$84.7M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0391	−0.173%	$150.8M	$301.5M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0388	−0.202%	$50.7M	$53.8M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0398	−0.106%	$67.7M	$170.0M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0394	−0.144%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0388	−0.202%	$710K	$1.2M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0364	−0.435%	$2.4M	$3.2M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0360	−0.472%	$169K	$4.7M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0371	−0.366%	$446K	$7.4M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0357	−0.500%	$236K	$472K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0411	+0.019%	$121K	$722K	10x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0414	+0.048%	$47K	$243K	20x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0420	+0.106%	$2K	$1.8M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0423	+0.134%	$6K	$2.1M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0410	+0.010%	$603K	$19.8M	75x	as long as short
Phemex SUIUSDTshort	+0.0100%	8h	1.0397	−0.115%	$11.6M	$25.9M	50x
Extended SUI-USD	+0.0104%	1h	1.0392	−0.164%	$1.4M	$4.1M	50x	as long as short
01 Exchange SUIUSD	+0.0104%	1h	1.0399	−0.096%	$9K	$3K	10x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0419	+0.100%	$40K	$16K	3x	as long as short
Coinbase International SUI-PERP-INTX	+0.0152%	1h	1.0425	+0.154%	$987K	$14.6M	50x	as long as short
Phoenix SUI	+0.0221%	1h	1.0371	−0.362%	$206K	$595K	10x	as long as short
Hyperliquid SUI	+0.0301%	1h	1.0418	+0.086%	$75.0M	$80.1M	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0627% / S −0.0278%	1h	1.0400	−0.082%	$982K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1091%	1h	1.0394	−0.147%	$82K	$383K	10x	as long as short