Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.014%
Price spread now: GRVT against Phemex−0.378%77s7-day average −0.043% · you buy dearer than you sell
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−$320.324% of the position
Funding, last 7 days+0.076%+$8 on $10k
+Price spread, last 3 days (all we have)+0.182%+$18 · spread now −0.378%, 7d avg −0.043%
=Together, before fees+0.257%+ Points / potential airdropGRVT: Active · farm board+$26 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.336% cheaper against Phemex than usual: you would sell low and buy high, −$34 on $10k if it goes back to its 7-day average of −0.043%. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SUIUSDT | 1.0171 | 0.0100 | pay 0.0100% / 8h | 2h 25m | $11.4M | $24.4M | 50x |
| Short | GRVT SUI_USDT_Perp | 1.0133 | 0.0100 | get 0.0100% / 8h | 2h 25m | $445K | $7.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $0
- Price spread: −0.378% → −0.043%
- −$33.56
- Slippage, 4 orders
- −$11.41
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$65.97
- Costs to cover
- 0.324%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 3 min ago; GRVT: 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 | 0.99 bp | 8.2 bp −$8 | 21.9 bp −$219 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 3 min ago | 0.49 bp | 5.1 bp −$5 | 15.3 bp −$153 | 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 | −0.2398% | 1h | 1.0145 | −0.256% | $42K | $123K | 12x | as long as short |
| Hibachi SUI/USDT-P | −0.0504% | 1h | 1.0140 | −0.303% | $6K | $18K | 7x | as long as short |
| Reya SUIRUSDPERP | −0.0366% | 1h | 1.0161 | −0.096% | $4K | $3K | 20x | as long as short |
| Bluefin SUI-PERP | −0.0132% | 1h | 1.0161 | −0.098% | $582K | $405K | 25x | as long as short |
| Kraken Futures PF_SUIUSD | −0.0022% | 1h | 1.0179 | +0.080% | $6.8M | $23.7M | 50x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0164 | −0.072% | $93K | $66K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0165 | −0.058% | $454K | $5.5M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0179 | +0.079% | $186K | $546K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0002% | 1h | 1.0173 | +0.020% | $118K | — | 150x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0173 | +0.021% | $768K | $5.9M | 10x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SUI | +0.0096% | 1h | 1.0178 | +0.073% | $251K | $2.0M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0159 | −0.118% | $35K | $503K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0098% | 8h | 1.0173 | +0.020% | $44K | $377K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0153 | −0.173% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0156 | −0.143% | $591K | $1.3M | 10x | as long as short |
| Hyperliquid SUI | +0.0100% | 1h | 1.0182 | +0.105% | $72.5M | $81.9M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0174 | +0.032% | $982K | $4.5M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0166 | −0.053% | $219K | $260K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0173 | +0.021% | $150.7M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0175 | +0.039% | $102.1M | $306.9M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0171 | 0.000% | $40.8M | $381.3M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0150 | −0.206% | $146K | $297K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0155 | −0.152% | $239K | $2K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0172 | +0.010% | $163.7M | $81.1M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0174 | +0.029% | $147.8M | $298.0M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0171 | 0.000% | $52.1M | $51.1M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0166 | −0.049% | $66.9M | $169.2M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0173 | +0.020% | — | $81.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0173 | +0.020% | $641K | $1.2M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0147 | −0.236% | $2.2M | $2.8M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0148 | −0.229% | $163K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perpshort | +0.0100% | 8h | 1.0133 | −0.378% | $445K | $7.1M | 10x | |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0145 | −0.256% | $230K | $444K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0165 | −0.059% | $106K | $785K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0174 | +0.029% | $2K | $1.9M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0175 | +0.039% | $6K | $2.4M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0161 | −0.098% | $625K | $18.8M | 75x | as long as short |
| Phemex SUIUSDTlong | +0.0100% | 8h | 1.0171 | long leg | $11.4M | $24.4M | 50x | |
| Extended SUI-USD | +0.0104% | 1h | 1.0172 | +0.013% | $1.4M | $3.7M | 50x | as long as short |
| 01 Exchange SUIUSD | +0.0104% | 1h | 1.0161 | −0.098% | $9K | $9K | 10x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0176 | +0.046% | $48K | $37K | 3x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0216% | 1h | 1.0172 | +0.010% | $972K | $13.7M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0153 | −0.177% | $8.0M | $23.6M | 100x | as long as short |
| Phoenix SUI | +0.0290% | 1h | 1.0141 | −0.297% | $183K | $578K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0629% / S −0.0300% | 1h | 1.0172 | +0.006% | $871K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.0713% | 1h | 1.0155 | −0.158% | $92K | $378K | 10x | as long as short |
Phemex SUIUSDT
GRVT SUI_USDT_Perp
Injective SUI/USDC PERP
Bluefin SUI-PERP
Kraken Futures PF_SUIUSD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Lighter SUI
Lighter RH SUI
Popdex SUIUSDT
Paradex SUI-USD-PERP
Hyperliquid SUI
Aster SUIUSDT
Pacifica SUI
Binance SUIUSDT
Bybit SUIUSDT
OKX SUI-USDT-SWAP
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
ApeX Omni SUIUSDT
Polymarket Perps SUI-USD
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Extended SUI-USD
01 Exchange SUIUSD
Coinbase International SUI-PERP-INTX
BloFin SUI-USDT
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD