Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.024%
Price spread now: dYdX against Phemex+0.057%7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$333as in the Funding arb table
Net, price: spread back to 7d avg − costs−$315as in the Price arb table
costs, in and out, $10k−$3233.231% of the position
Funding, last 7 days−0.099%−$10 on $10k
+Price spread, last 4 days (all we have)−0.150%−$15 · spread now +0.057%, 7d avg −0.027%
=The price spread pays, funding is against you. dYdX is 0.085% dearer against Phemex than usual: you sell high and buy low (spread +0.057% now, against its 7-day average of −0.027%): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.8 days. At the pace of the last 7 days (−0.099% in total) that is about 6.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SUIUSDT | 1.0329 | 0.0100 | pay 0.0100% / 8h | 3h 50m | $11.8M | $26.9M | 50x |
| Short | dYdX SUI-USD | 1.0335 | 0 | get 0.0000% / 1h | 50m 15s | $130K | $227K | 10x |
Phemex SUIUSDT
dYdX SUI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Phemex. 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
- −$21
- Price spread: +0.057% → −0.027%
- $8.48
- Slippage, 4 orders
- −$301.1
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$335.62
- Costs to cover
- 3.231%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 4 min ago; dYdX: live order book, 24 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, 4 min ago | 2.89 bp | 19.0 bp −$19 | 29.9 bp −$299 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 24 min ago | 30.82 bp | 177.3 bp −$177 | 366.9 bp −$3,669 | 832.1 bp −$83.2K | 978.0 bp −$489.0K |
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 | −0.3470% | 1h | 1.0250 | −0.765% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0376% | 1h | 1.0323 | −0.054% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0296% | 1h | 1.0353 | +0.232% | $6K | $19K | 7x | as long as short |
| Kraken Futures PF_SUIUSD | −0.0067% | 1h | 1.0328 | −0.014% | $6.8M | $26.8M | 50x | as long as short |
| dYdX SUI-USDshort | 0.0000% | 1h | 1.0335 | +0.057% | $130K | $227K | 10x | |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0376 | +0.460% | $497K | $5.0M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0326 | −0.029% | $201K | $572K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0326 | −0.027% | $116K | — | 150x | as long as short |
| Bluefin SUI-PERP | +0.0011% | 1h | 1.0311 | −0.174% | $590K | $406K | 25x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0339 | +0.094% | $799K | $5.4M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
Kraken Futures PF_SUIUSD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Bluefin SUI-PERP
Lighter SUIShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SUI | +0.0096% | 1h | 1.0345 | +0.151% | $299K | $2.2M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0329 | 0.000% | $43K | $515K | 50x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0337 | +0.078% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0330 | +0.010% | $584K | $2.1M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0337 | +0.077% | $904K | $4.6M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0339 | +0.095% | $223K | $259K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0328 | −0.007% | $149.7M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0324 | −0.048% | $101.4M | $309.7M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0322 | −0.068% | $40.5M | $387.1M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0340 | +0.106% | $44K | $330K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0369 | +0.387% | $244K | $5K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0328 | −0.010% | $170.1M | $81.0M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0329 | 0.000% | $152.0M | $292.1M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0328 | −0.010% | $49.8M | $53.9M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0319 | −0.097% | $67.4M | $172.5M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0324 | −0.048% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0343 | +0.136% | $653K | $1.4M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0352 | +0.220% | $2.5M | $3.4M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0374 | +0.436% | $171K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0396 | +0.645% | $454K | $7.6M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0388 | +0.571% | $228K | $429K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0336 | +0.068% | $123K | $744K | 10x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0324 | −0.048% | $48K | $140K | 20x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0316 | −0.126% | $2K | $1.7M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0325 | −0.039% | $14K | $2.1M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0326 | −0.029% | $578K | $19.6M | 75x | as long as short |
| Phemex SUIUSDTlong | +0.0100% | 8h | 1.0329 | long leg | $11.8M | $26.9M | 50x | |
| Extended SUI-USD | +0.0104% | 1h | 1.0319 | −0.095% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0329 | 0.000% | $39K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0136% | 1h | 1.0332 | +0.029% | $9K | $3K | 10x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0345 | +0.155% | $7.8M | $24.8M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0248% | 1h | 1.0329 | 0.000% | $1.0M | $15.0M | 50x | as long as short |
| Phoenix SUI | +0.0408% | 1h | 1.0389 | +0.578% | $211K | $415K | 10x | as long as short |
| Hyperliquid SUI | +0.0419% | 1h | 1.0342 | +0.128% | $74.8M | $81.4M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0611% / S −0.0267% | 1h | 1.0324 | −0.044% | $954K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1506% | 1h | 1.0364 | +0.342% | $83K | $402K | 10x | as long as short |
Lighter RH SUI
Popdex SUIUSDT
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-USDC
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
Extended SUI-USD
Aevo SUI-PERP
01 Exchange SUIUSD
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Phoenix SUI
Hyperliquid SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD