Funding you earn now, next payment 00:00 UTC+0.0199%/8h= +21.8% APRpaid last 24h +0.030%
Price spread now: Phoenix against OKX+0.123%7-day average +0.113% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$400.402% of the position
Funding, last 7 days+0.034%+$3 on $10k
+Price spread, last 3 days (all we have)+0.020%+$2 · spread now +0.123%, 7d avg +0.113%
=The price spread sits at its 7-day average of +0.113%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.034% in total (about 1.8% a year). A funding rate is set anew for every payment. 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 | OKX SUI-USDT-SWAP | 1.0705 | 0.0100 | pay 0.0100% / 8h | 7h 11m | $42.7M | $397.5M | 50x |
| Short | Phoenix SUI | 1.0718 | 0.0299 | get 0.0037% / 1h | 11m 18s | $212K | $590K | 10x |
OKX SUI-USDT-SWAP
Phoenix SUIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against OKX. 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
- $41.76
- Price spread: +0.123% → +0.113%
- $1.04
- Slippage, 4 orders
- −$23.21
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $2.6
- Costs to cover
- 0.402%
- Break-even
- 6.6 days
Slippage from OKX: live order book, 3 min ago; Phoenix: live order book, 61 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 OKX live order book, 3 min ago | 0.47 bp | 8.2 bp −$8 | 11.6 bp −$116 | 36.1 bp −$3,611 | doesn't fit |
| Sell Phoenix live order book, 61 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 | −1.569% | $43K | $123K | 12x | as long as short |
| Hibachi SUI/USDT-P | −0.0496% | 1h | 1.0707 | +0.016% | $6K | $18K | 7x | as long as short |
| Bluefin SUI-PERP | −0.0472% | 1h | 1.0695 | −0.093% | $613K | $413K | 25x | as long as short |
| Reya SUIRUSDPERP | −0.0371% | 1h | 1.0706 | +0.014% | $4K | $3K | 20x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0703 | −0.019% | $98K | $170K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0708 | +0.028% | $578K | $4.9M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0711 | +0.056% | $208K | $581K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0715 | +0.091% | $115K | — | 150x | as long as short |
| Phemex SUIUSDT | +0.0009% | 8h | 1.0698 | −0.065% | $12.0M | $25.2M | 50x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0037% | 1h | 1.0716 | +0.103% | $7.4M | $24.1M | 50x | as long as short |
Injective SUI/USDC PERP
Hibachi SUI/USDT-P
Bluefin SUI-PERP
Reya SUIRUSDPERP
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Phemex SUIUSDT
Kraken Futures PF_SUIUSDShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUIUSD | +0.0048% | 1h | 1.0714 | +0.084% | $9K | $9K | 10x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0706 | +0.011% | $835K | $5.9M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0707 | +0.021% | $284K | $2.1M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0709 | +0.037% | $33K | $475K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0710 | +0.047% | $50K | $309K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0757 | +0.485% | $28K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0707 | +0.023% | $703K | $1.5M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0710 | +0.047% | $1.1M | $4.8M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0706 | +0.009% | $234K | $251K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0713 | +0.076% | $158.2M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0710 | +0.042% | $106.8M | $307.5M | 50x | as long as short |
| OKX SUI-USDT-SWAPlong | +0.0100% | 8h | 1.0705 | long leg | $42.7M | $397.5M | 50x | |
| Arcus SUI-USD | +0.0100% | 1h | 1.0710 | +0.047% | $47K | $381K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0632 | −0.682% | $250K | $3K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0712 | +0.065% | $175.2M | $83.1M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0717 | +0.112% | $157.8M | $301.2M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0706 | +0.009% | $52.0M | $53.1M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0706 | +0.009% | $69.8M | $168.7M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0717 | +0.112% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0696 | −0.084% | $681K | $1.1M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0714 | +0.082% | $2.4M | $3.0M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0704 | −0.005% | $174K | $4.6M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0713 | +0.072% | $461K | $7.3M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0712 | +0.065% | $238K | $490K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0718 | +0.121% | $125K | $748K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0712 | +0.065% | $2K | $1.8M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0708 | +0.028% | $6K | $2.2M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0706 | +0.009% | $666K | $19.1M | 75x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0706 | +0.006% | $1.5M | $4.0M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0714 | +0.087% | $41K | $16K | 3x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0200% | 1h | 1.0713 | +0.075% | $1.0M | $14.9M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0710 | +0.047% | $8.2M | $25.8M | 100x | as long as short |
| Phoenix SUIshort | +0.0299% | 1h | 1.0718 | +0.123% | $212K | $590K | 10x | |
| Hyperliquid SUI | +0.0436% | 1h | 1.0724 | +0.177% | $77.9M | $79.5M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0641% / S −0.0332% | 1h | 1.0716 | +0.101% | $947K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.0860% | 1h | 1.0705 | −0.004% | $79K | $379K | 10x | as long as short |
01 Exchange SUIUSD
Lighter SUI
Lighter RH SUI
Popdex SUIUSDT
Orderly PERP_SUI_USDC
Paradex SUI-USD-PERP
Nado SUI-PERP
Aster SUIUSDT
Pacifica SUI
Binance SUIUSDT
Bybit SUIUSDT
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
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Extended SUI-USD
Aevo SUI-PERP
Coinbase International SUI-PERP-INTX
BloFin SUI-USDT
Hyperliquid SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD