SUI

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0296%/8h= +32.4% APRnext payment +$0.37 per $10,000 · paid last 24h +0.059%

Price spread now: Phoenix against gTrade (Gains Network)−0.726%7-day average +0.075% · 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−$383as in the Price arb table

costs, in and out, $10k−$3033.025% of the position

Long on gTrade (Gains Network)Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.143%+$14 on $10k

Price spread, last 3 days (all we have)+0.723%+$72 · spread now −0.726%, 7d avg +0.075%

Together, before fees+0.867%+$87 on $10k · with fees, hour by hour

Funding pays, the price is against you. Phoenix is 0.801% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.726% now, against its 7-day average of +0.075%). If the spread goes back, that is −$80 on $10k: about 9.0 days of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) SUI/USD	1.0797	L +0.0003% / S −0.0003%	pay 0.0000% / 1h	9m 28s	$116K	—	150x
Short	Phoenix SUI	1.0718	0.0299	get 0.0037% / 1h	9m 28s	$212K	$590K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix 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 PhoenixbpOrdersPrice spread, now −0.726%Rate

Funding earned: $62.18
Price spread: −0.726% → +0.075%: −$80.13
Slippage, 4 orders: −$285.53
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$320.48
Costs to cover: 3.025%
Break-even: 43.1 days

Slippage from gTrade (Gains Network): virtual book (oracle venue), 64 min ago; Phoenix: live order book, 63 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), 64 min ago	130.07 bp	142.9 bp −$143	977.3 bp −$9,773	10438.7 bp −$1.04M	doesn't fit
Sell Phoenix live order book, 63 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	−0.3416%	1h	1.0537	−2.404%	$43K	$123K	12x	as long as short
Hibachi SUI/USDT-P	−0.0504%	1h	1.0794	−0.021%	$6K	$18K	7x	as long as short
Bluefin SUI-PERP	−0.0463%	1h	1.0778	−0.172%	$618K	$413K	25x	as long as short
Reya SUIRUSDPERP	−0.0371%	1h	1.0787	−0.090%	$4K	$3K	20x	as long as short
Phemex SUIUSDT	−0.0231%	8h	1.0778	−0.172%	$12.0M	$25.2M	50x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0796	−0.006%	$98K	$171K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0793	−0.037%	$585K	$4.9M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0792	−0.043%	$210K	$581K	25x	as long as short
gTrade (Gains Network) SUI/USDlong	L +0.0003% / S −0.0003%	1h	1.0797	long leg	$116K	—	150x
Kraken Futures PF_SUIUSD	+0.0037%	1h	1.0785	−0.105%	$7.5M	$24.1M	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange SUIUSD	+0.0048%	1h	1.0786	−0.098%	$9K	$9K	10x	as long as short
Lighter SUI	+0.0096%	1h	1.0801	+0.043%	$842K	$5.9M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0800	+0.036%	$288K	$2.1M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0785	−0.107%	$33K	$476K	50x	as long as short
Nado SUI-PERP	+0.0099%	1h	1.0792	−0.043%	$709K	$1.5M	10x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0790	−0.061%	$51K	$309K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0822	+0.234%	$28K	$9K	30x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0808	+0.104%	$1.1M	$4.8M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0798	+0.014%	$236K	$259K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0794	−0.023%	$159.3M	$1.03B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0794	−0.026%	$107.6M	$307.6M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0788	−0.080%	$43.0M	$401.6M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0800	+0.031%	$48K	$381K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0632	−1.525%	$250K	$3K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0795	−0.015%	$176.5M	$83.7M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0795	−0.015%	$157.8M	$302.4M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0795	−0.015%	$52.3M	$53.2M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0787	−0.089%	$70.2M	$169.1M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0796	−0.006%	—	$6.6M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0777	−0.182%	$687K	$1.1M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0714	−0.768%	$2.4M	$3.0M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0706	−0.840%	$175K	$4.6M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0713	−0.777%	$461K	$7.3M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0710	−0.802%	$238K	$490K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0803	+0.059%	$124K	$748K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0803	+0.059%	$3K	$1.8M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0779	−0.163%	$6K	$2.2M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0805	+0.078%	$675K	$19.1M	75x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0791	−0.056%	$1.5M	$4.0M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0785	−0.104%	$41K	$16K	3x	as long as short
Coinbase International SUI-PERP-INTX	+0.0200%	1h	1.0784	−0.117%	$1.0M	$15.0M	50x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0709	−0.811%	$8.2M	$25.9M	100x	as long as short
Phoenix SUIshort	+0.0299%	1h	1.0718	−0.726%	$212K	$590K	10x
Hyperliquid SUI	+0.0442%	1h	1.0811	+0.136%	$78.1M	$79.3M	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0644% / S −0.0332%	1h	1.0794	−0.024%	$955K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.0844%	1h	1.0734	−0.580%	$79K	$379K	10x	as long as short