SUI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0091%/8h= +10.0% APRnext payment +$0.91 per $10,000 · paid last 24h −0.002%

Price spread now: Binance against Phemex+0.065%7-day average −0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$520.516% of the position

Long on Phemex Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.053%+$5 on $10k

Price spread, last 3 days (all we have)−0.067%−$7 · spread now +0.065%, 7d avg −0.020%

Together, before fees−0.013%−$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.085% dearer against Phemex than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.020%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex SUIUSDT	1.0698	0.0009	pay 0.0009% / 8h	7h 11m	$12.0M	$25.2M	50x
Short	Binance SUIUSDT	1.0705	0.0100	get 0.0100% / 8h	7h 11m	$158.0M	$1.03B	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Phemex. 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 PhemexbpFee BinancebpOrdersPrice spread, now +0.065%Rate

Funding earned: $19.2
Price spread: +0.065% → −0.020%: $8.51
Slippage, 4 orders: −$29.56
Fee Phemex: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$23.85
Costs to cover: 0.516%
Break-even: 15.7 days

Slippage from Phemex: live order book, 2 min ago; Binance: 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 Phemex live order book, 2 min ago	6.07 bp	17.9 bp −$18	27.0 bp −$270	doesn't fit	doesn't fit
Sell Binance live order book, 2 min ago	0.47 bp	7.6 bp −$8	12.3 bp −$123	29.0 bp −$2,901	84.3 bp −$42.1K

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	−1.505%	$43K	$123K	12x	as long as short
Hibachi SUI/USDT-P	−0.0488%	1h	1.0704	+0.060%	$6K	$18K	7x	as long as short
Bluefin SUI-PERP	−0.0475%	1h	1.0689	−0.084%	$613K	$413K	25x	as long as short
Reya SUIRUSDPERP	−0.0371%	1h	1.0708	+0.093%	$4K	$3K	20x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0704	+0.058%	$98K	$170K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0708	+0.093%	$578K	$4.9M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0711	+0.122%	$208K	$581K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0712	+0.127%	$115K	—	150x	as long as short
Phemex SUIUSDTlong	+0.0009%	8h	1.0698	long leg	$12.0M	$25.2M	50x
Kraken Futures PF_SUIUSD	+0.0037%	1h	1.0716	+0.169%	$7.4M	$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	1.0699	+0.009%	$9K	$9K	10x	as long as short
Lighter SUI	+0.0096%	1h	1.0713	+0.140%	$836K	$5.9M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0699	+0.013%	$284K	$2.1M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0703	+0.047%	$33K	$475K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0704	+0.056%	$50K	$309K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0757	+0.555%	$28K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0700	+0.019%	$702K	$1.5M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0705	+0.066%	$1.1M	$4.8M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0707	+0.080%	$234K	$251K	10x	as long as short
Binance SUIUSDTshort	+0.0100%	8h	1.0705	+0.065%	$158.0M	$1.03B	75x
Bybit SUIUSDT	+0.0100%	8h	1.0711	+0.122%	$106.8M	$307.3M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0707	+0.084%	$42.6M	$397.8M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0700	+0.019%	$47K	$381K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0632	−0.617%	$250K	$3K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0702	+0.037%	$175.1M	$83.1M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0700	+0.019%	$157.2M	$301.0M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0692	−0.056%	$51.9M	$53.1M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0692	−0.056%	$69.7M	$168.8M	75x	as long as short
BingX SUI-USDT	+0.0100%	8h	1.0701	+0.028%	—	$81.9M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0696	−0.019%	$681K	$1.1M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0698	−0.001%	$2.5M	$2.9M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0704	+0.060%	$174K	$4.6M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0714	+0.151%	$469K	$7.2M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0712	+0.131%	$238K	$490K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0718	+0.187%	$125K	$749K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0712	+0.131%	$2K	$1.8M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0708	+0.093%	$6K	$2.2M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0706	+0.075%	$666K	$19.1M	75x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0695	−0.031%	$1.5M	$4.0M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0710	+0.111%	$41K	$16K	3x	as long as short
Coinbase International SUI-PERP-INTX	+0.0200%	1h	1.0713	+0.140%	$1.0M	$14.9M	50x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0710	+0.112%	$8.2M	$25.8M	100x	as long as short
Phoenix SUI	+0.0299%	1h	1.0718	+0.189%	$212K	$590K	10x	as long as short
Hyperliquid SUI	+0.0434%	1h	1.0713	+0.140%	$77.8M	$79.5M	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0641% / S −0.0332%	1h	1.0714	+0.145%	$947K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.0855%	1h	1.0701	+0.032%	$79K	$379K	10x	as long as short