SUI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0413%/8h= +45.2% APRnext payment +$4.13 per $10,000 · paid last 24h +0.030%

Price spread now: BloFin against Phemex+0.102%59s7-day average +0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$530.526% of the position

Long on Phemex Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.276%+$28 on $10k

Price spread, last 3 days (all we have)−0.080%−$8 · spread now +0.102%, 7d avg +0.022%

Together, before fees+0.196%+$20 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and BloFin is 0.080% dearer against Phemex than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.022%. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.276% in total (about 14.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.13 per $10,000. 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	Phemex SUIUSDT	1.0737	−0.0193	get 0.0193% / 8h	7h 05m	$12.0M	$25.2M	50x
Short	BloFin SUI-USDT	1.0748	0.0220	get 0.0220% / 8h	7h 05m	$8.2M	$26.0M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.102%Rate

Funding earned: $86.63
Price spread: +0.102% → +0.022%: $8.02
Slippage, 4 orders: −$28.6
Fee Phemex: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: $42.05
Costs to cover: 0.526%
Break-even: 3.6 days

Slippage from Phemex: live order book, 3 min ago; BloFin: live order book, 3 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, 3 min ago	6.95 bp	21.3 bp −$21	32.0 bp −$320	doesn't fit	doesn't fit
Sell BloFin live order book, 3 min ago	1.39 bp	7.4 bp −$7	12.4 bp −$124	25.1 bp −$2,512	54.4 bp −$27.2K

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	−1.863%	$43K	$123K	12x	as long as short
Hibachi SUI/USDT-P	−0.0512%	1h	1.0749	+0.108%	$6K	$18K	7x	as long as short
Bluefin SUI-PERP	−0.0458%	1h	1.0696	−0.382%	$614K	$414K	25x	as long as short
Reya SUIRUSDPERP	−0.0371%	1h	1.0709	−0.264%	$4K	$3K	20x	as long as short
Phemex SUIUSDTlong	−0.0193%	8h	1.0737	long leg	$12.0M	$25.2M	50x
dYdX SUI-USD	0.0000%	1h	1.0706	−0.289%	$98K	$171K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0740	+0.031%	$589K	$4.9M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0717	−0.186%	$208K	$581K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0713	−0.227%	$115K	—	150x	as long as short
Kraken Futures PF_SUIUSD	+0.0037%	1h	1.0727	−0.098%	$7.3M	$24.3M	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	1.0708	−0.270%	$9K	$9K	10x	as long as short
Lighter SUI	+0.0096%	1h	1.0710	−0.254%	$835K	$5.9M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0711	−0.238%	$290K	$2.1M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0709	−0.261%	$34K	$477K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0099%	8h	1.0708	−0.270%	$50K	$308K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0764	+0.253%	$28K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0702	−0.326%	$700K	$1.5M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0711	−0.238%	$1.1M	$4.8M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0711	−0.242%	$234K	$259K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0704	−0.307%	$157.7M	$1.03B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0705	−0.296%	$106.6M	$307.8M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0710	−0.251%	$42.6M	$399.4M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0710	−0.251%	$47K	$380K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0760	+0.218%	$253K	$3K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0709	−0.261%	$174.5M	$84.1M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0707	−0.279%	$155.2M	$303.3M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0705	−0.298%	$52.0M	$53.3M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0700	−0.345%	$69.8M	$169.3M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0707	−0.279%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0714	−0.214%	$671K	$1.1M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0709	−0.265%	$2.4M	$3.2M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0790	+0.497%	$176K	$4.6M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0784	+0.442%	$470K	$7.4M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0796	+0.550%	$240K	$490K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0722	−0.140%	$123K	$747K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0713	−0.224%	$2K	$1.8M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0723	−0.130%	$6K	$2.3M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0711	−0.242%	$671K	$19.2M	75x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0700	−0.342%	$1.5M	$4.0M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0718	−0.180%	$41K	$16K	3x	as long as short
Coinbase International SUI-PERP-INTX	+0.0200%	1h	1.0712	−0.233%	$1.0M	$14.9M	50x	as long as short
BloFin SUI-USDTshort	+0.0220%	8h	1.0748	+0.102%	$8.2M	$26.0M	100x
Phoenix SUI	+0.0299%	1h	1.0800	+0.585%	$214K	$590K	10x	as long as short
Hyperliquid SUI	+0.0438%	1h	1.0727	−0.093%	$77.5M	$79.4M	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0641% / S −0.0332%	1h	1.0713	−0.227%	$947K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.0877%	1h	1.0734	−0.024%	$79K	$379K	10x	as long as short