Funding you earn now, next payment 01:00 UTC+0.0121%/8h= +13.2% APRnext payment +$0.15 per $10,000 · paid last 24h +0.034%
Price spread now: Phoenix against Pacifica+0.130%7-day average +0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$450.450% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.888%+$89 · spread now +0.130%, 7d avg +0.086%
=Together, before fees+0.887%+ Points / potential airdropPacifica: Active · farm board+$89 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Phoenix is 0.044% dearer against Pacifica than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.086%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica SUI | 1.0360 | 0.0100 | pay 0.0013% / 1h | 7m 00s | $226K | $268K | 10x |
| Short | Phoenix SUI | 1.0373 | 0.0221 | get 0.0028% / 1h | 7m 00s | $206K | $595K | 10x |
Pacifica SUI
Phoenix SUIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Pacifica. 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
- $25.37
- Price spread: +0.130% → +0.086%
- $4.39
- Slippage, 4 orders
- −$30.02
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$15.26
- Costs to cover
- 0.450%
- Break-even
- 11.2 days
Slippage from Pacifica: live order book, 61 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 Pacifica live order book, 61 min ago | 4.18 bp | 10.4 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 61 min ago | 1.02 bp | 12.3 bp −$12 | 42.9 bp −$429 | 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 | 1.0250 | −1.061% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0373% | 1h | 1.0357 | −0.024% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0304% | 1h | 1.0374 | +0.134% | $6K | $19K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0353 | −0.067% | $94K | $171K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0367 | +0.073% | $507K | $4.9M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0369 | +0.088% | $201K | $578K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0363 | +0.026% | $113K | — | 150x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0012% | 1h | 1.0374 | +0.139% | $6.8M | $27.0M | 50x | as long as short |
| Bluefin SUI-PERP | +0.0061% | 1h | 1.0351 | −0.086% | $592K | $414K | 25x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0373 | +0.131% | $816K | $5.7M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Kraken Futures PF_SUIUSD
Bluefin SUI-PERP
Lighter SUIShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SUI | +0.0096% | 1h | 1.0376 | +0.158% | $277K | $2.1M | 10x | as long as short |
| 01 Exchange SUIUSD | +0.0096% | 1h | 1.0356 | −0.037% | $9K | $3K | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0351 | −0.086% | $31K | $492K | 50x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0351 | −0.084% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0350 | −0.098% | $734K | $1.9M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0366 | +0.058% | $910K | $4.9M | 75x | as long as short |
| Pacifica SUIlong | +0.0100% | 1h | 1.0360 | long leg | $226K | $268K | 10x | |
| Binance SUIUSDT | +0.0100% | 8h | 1.0370 | +0.094% | $151.5M | $1.04B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0364 | +0.038% | $103.0M | $310.8M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0373 | +0.127% | $40.8M | $388.7M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0360 | +0.001% | $44K | $373K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0361 | +0.006% | $244K | $4K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0369 | +0.088% | $164.4M | $84.6M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0368 | +0.078% | $150.1M | $301.3M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0368 | +0.078% | $50.8M | $53.7M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0361 | +0.011% | $67.3M | $170.7M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0367 | +0.069% | — | $82.2M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0363 | +0.030% | $675K | $1.2M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0406 | +0.442% | $2.4M | $3.2M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0350 | −0.097% | $169K | $4.7M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0361 | +0.015% | $449K | $7.4M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0344 | −0.153% | $236K | $474K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0364 | +0.040% | $119K | $716K | 10x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0363 | +0.030% | $47K | $244K | 20x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0377 | +0.165% | $2K | $1.8M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0372 | +0.117% | $6K | $2.1M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0371 | +0.107% | $601K | $19.9M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0368 | +0.078% | $11.6M | $25.9M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0364 | +0.036% | $1.5M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0372 | +0.118% | $39K | $16K | 3x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0152% | 1h | 1.0370 | +0.098% | $990K | $14.6M | 50x | as long as short |
| Phoenix SUIshort | +0.0221% | 1h | 1.0373 | +0.130% | $206K | $595K | 10x | |
| Hyperliquid SUI | +0.0253% | 1h | 1.0380 | +0.191% | $74.6M | $80.0M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0625% / S −0.0278% | 1h | 1.0362 | +0.018% | $976K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1085% | 1h | 1.0378 | +0.174% | $82K | $382K | 10x | as long as short |
Lighter RH SUI
01 Exchange SUIUSD
Popdex SUIUSDT
Paradex SUI-USD-PERP
Nado SUI-PERP
Aster SUIUSDT
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
Orderly PERP_SUI_USDC
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
Extended SUI-USD
Aevo SUI-PERP
Coinbase International SUI-PERP-INTX
Hyperliquid SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD