Funding you earn now, next payment 22:00 UTC+0.3819%/8h= +418.2% APRnext payment +$4.77 per $10,000 · paid last 24h +0.697%
Price spread now: Phoenix against Injective+1.385%7-day average +0.304% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+2.064%+$206 on $10k
+Price spread, last 3 days (all we have)−1.058%−$106 · spread now +1.385%, 7d avg +0.304%
=Both sides work for this trade now. Funding pays +$115 a day on $10k at the current rate, and Phoenix is 1.081% dearer against Injective than usual: you sell high and buy low: +$108 more if the spread goes back to its 7-day average of +0.304%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective SUI/USDC PERP | 1.0167 | −0.3474 | get 0.0434% / 1h | 54m 48s | $42K | $123K | 12x |
| Short | Phoenix SUI | 1.0308 | 0.0346 | get 0.0043% / 1h | 54m 48s | $204K | $593K | 10x |
Injective SUI/USDC PERP
Phoenix SUIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Injective. 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
- $802.03
- Price spread: +1.385% → +0.304%
- $108.07
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $903.08
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Injective: live order book, 24 min ago; Phoenix: live order book, 23 min ago. Net counts fees only.
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 Injective live order book, 24 min ago | 58.78 bp | 2005471.8 bp −$2.01M | 20107470.0 bp −$201.07M | 200793424.0 bp −$20079.34M | 1002999680.0 bp −$501499.84M |
| Sell Phoenix live order book, 23 min ago | 0.98 bp | 12.4 bp −$12 | 43.0 bp −$430 | 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 PERPlong | −0.3474% | 1h | 1.0167 | long leg | $42K | $123K | 12x | |
| Reya SUIRUSDPERP | −0.0369% | 1h | 1.0320 | +1.507% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0320% | 1h | 1.0297 | +1.275% | $6K | $19K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0323 | +1.532% | $94K | $66K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0328 | +1.580% | $459K | $5.4M | 2.5x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0002% | 1h | 1.0325 | +1.556% | $119K | — | 150x | as long as short |
| Bluefin SUI-PERP | +0.0049% | 1h | 1.0312 | +1.426% | $591K | $404K | 25x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0321 | +1.516% | $793K | $5.9M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0321 | +1.519% | $260K | $2.0M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0329 | +1.593% | $38K | $498K | 50x | as long as short |
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
dYdX SUI-USD
Kalshi KXSUIPERP
gTrade (Gains Network) SUI/USD
Bluefin SUI-PERP
Lighter SUI
Lighter RH SUI
Popdex SUIUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_SUI_USDC | +0.0099% | 8h | 1.0322 | +1.525% | $46K | $330K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0322 | +1.522% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0327 | +1.569% | $596K | $1.4M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0327 | +1.575% | $1.0M | $4.6M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0320 | +1.505% | $224K | $262K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0316 | +1.462% | $151.7M | $1.02B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0316 | +1.467% | $103.7M | $306.9M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0314 | +1.446% | $41.4M | $384.6M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0320 | +1.505% | $46K | $387K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0269 | +1.003% | $242K | $2K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0325 | +1.554% | $165.3M | $80.6M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0327 | +1.574% | $149.0M | $288.6M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0323 | +1.534% | $51.8M | $52.1M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0321 | +1.515% | $67.8M | $168.7M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0327 | +1.574% | — | $81.6M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0322 | +1.525% | $656K | $1.1M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0295 | +1.260% | $2.3M | $2.8M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0295 | +1.262% | $168K | $4.4M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0293 | +1.239% | $444K | $6.9M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0299 | +1.298% | $234K | $441K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0334 | +1.643% | $108K | $784K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0334 | +1.643% | $2K | $1.9M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0322 | +1.525% | $7K | $2.4M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0325 | +1.554% | $640K | $18.5M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0320 | +1.505% | $11.5M | $24.8M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0325 | +1.554% | $1.4M | $3.7M | 50x | as long as short |
| 01 Exchange SUIUSD | +0.0104% | 1h | 1.0331 | +1.613% | $9K | $9K | 10x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0326 | +1.562% | $49K | $37K | 3x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0324 | +1.544% | $7.9M | $23.9M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0224% | 1h | 1.0327 | +1.574% | $985K | $14.0M | 50x | as long as short |
| Deribit SUI_USDC-PERPETUAL | +0.0234% | 1h | 1.0330 | +1.603% | $201K | $581K | 25x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0273% | 1h | 1.0328 | +1.583% | $7.2M | $24.0M | 50x | as long as short |
| Phoenix SUIshort | +0.0346% | 1h | 1.0308 | +1.385% | $204K | $593K | 10x | |
| GMX SUI/USD [ETH-USDC] | L +0.0638% / S −0.0309% | 1h | 1.0323 | +1.538% | $902K | — | 100x | as long as short |
| Hyperliquid SUI | +0.0646% | 1h | 1.0342 | +1.721% | $74.1M | $80.2M | 10x | as long as short |
| Aftermath Perps SUIUSD | +0.0790% | 1h | 1.0293 | +1.235% | $93K | $381K | 10x | as long as short |
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
Bulk SUI-USD
Gate SUI_USDT
MEXC SUI_USDT
KuCoin SUIUSDTM
Bitget SUIUSDT
BingX SUI-USDT
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
Extended SUI-USD
01 Exchange SUIUSD
Aevo SUI-PERP
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Deribit SUI_USDC-PERPETUAL
Kraken Futures PF_SUIUSD
GMX SUI/USD [ETH-USDC]
Hyperliquid SUI
Aftermath Perps SUIUSD