Funding you earn now, next payment 01:00 UTC−0.0121%/8h= −13.2% APRpaid last 24h −0.034%
Price spread now: Aster against Phoenix+0.429%75s7-day average −0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as 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−$440.443% of the position
Funding, last 7 days+0.015%+$2 on $10k
+Price spread, last 4 days (all we have)−1.426%−$143 · spread now +0.429%, 7d avg −0.055%
=Together, before fees−1.411%+ Points / potential airdropAster: Stage 5 · farm board−$141 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.484% dearer against Phoenix than usual: you sell high and buy low (spread +0.429% now, against its 7-day average of −0.055%): +$48 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 13 days. The two prices were read 75 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 | Phoenix SUI | 1.0327 | 0.0221 | pay 0.0028% / 1h | 32m 10s | $205K | $595K | 10x |
| Short | Aster SUIUSDT | 1.0372 | 0.0100 | get 0.0100% / 8h | 6h 32m | $901K | $5.1M | 75x |
Phoenix SUI
Aster SUIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Phoenix. 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: +0.429% → −0.055%
- $48.44
- Slippage, 4 orders
- −$29.26
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$21.18
- Costs to cover
- 0.443%
- Break-even
- from the start
Slippage from Phoenix: live order book, 35 min ago; Aster: 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 Phoenix live order book, 35 min ago | 1.02 bp | 12.3 bp −$12 | 50.6 bp −$506 | doesn't fit | doesn't fit |
| Sell Aster live order book, 2 min ago | 3.38 bp | 9.0 bp −$9 | 24.0 bp −$240 | 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 | 1.0211 | −1.125% | $42K | $123K | 12x | as long as short |
| Hibachi SUI/USDT-P | −0.0456% | 1h | 1.0342 | +0.145% | $6K | $19K | 7x | as long as short |
| Reya SUIRUSDPERP | −0.0372% | 1h | 1.0370 | +0.415% | $4K | $3K | 20x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0376 | +0.476% | $95K | $171K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0368 | +0.398% | $509K | $5.1M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0369 | +0.405% | $201K | $579K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0365 | +0.366% | $113K | — | 150x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0012% | 1h | 1.0364 | +0.355% | $7.0M | $26.6M | 50x | as long as short |
| ApeX Omni SUIUSDT | +0.0040% | 1h | 1.0380 | +0.511% | $237K | $507K | 50x | as long as short |
| 01 Exchange SUIUSD | +0.0080% | 1h | 1.0374 | +0.453% | $9K | $8K | 10x | as long as short |
Injective SUI/USDC PERP
Hibachi SUI/USDT-P
Reya SUIRUSDPERP
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Kraken Futures PF_SUIUSD
ApeX Omni SUIUSDT
01 Exchange SUIUSDShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bluefin SUI-PERP | +0.0087% | 1h | 1.0353 | +0.250% | $592K | $416K | 25x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0353 | +0.248% | $818K | $5.7M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0361 | +0.324% | $276K | $2.1M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0373 | +0.443% | $30K | $492K | 50x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0406 | +0.764% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0376 | +0.473% | $751K | $1.9M | 10x | as long as short |
| Hyperliquid SUI | +0.0100% | 1h | 1.0357 | +0.289% | $74.1M | $80.5M | 10x | as long as short |
| Aster SUIUSDTshort | +0.0100% | 8h | 1.0372 | +0.429% | $901K | $5.1M | 75x | |
| Pacifica SUI | +0.0100% | 1h | 1.0375 | +0.466% | $226K | $268K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0360 | +0.318% | $151.2M | $1.05B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0348 | +0.199% | $102.9M | $313.1M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0344 | +0.163% | $40.8M | $391.5M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0370 | +0.414% | $44K | $373K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0354 | +0.260% | $244K | $3K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0347 | +0.192% | $163.1M | $83.9M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0346 | +0.182% | $149.1M | $298.3M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0346 | +0.182% | $51.4M | $53.9M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0341 | +0.134% | $67.3M | $172.8M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0347 | +0.192% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0349 | +0.211% | $686K | $1.2M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0392 | +0.626% | $2.4M | $3.2M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0375 | +0.467% | $169K | $4.7M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0381 | +0.521% | $452K | $7.5M | 10x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0383 | +0.540% | $120K | $728K | 10x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0367 | +0.385% | $47K | $265K | 20x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0376 | +0.473% | $2K | $1.8M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0361 | +0.327% | $6K | $2.2M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0365 | +0.366% | $658K | $19.7M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0359 | +0.308% | $11.5M | $25.6M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0357 | +0.292% | $1.4M | $4.0M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0367 | +0.385% | $39K | $16K | 3x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0152% | 1h | 1.0365 | +0.366% | $1.0M | $14.6M | 50x | as long as short |
| Phoenix SUIlong | +0.0221% | 1h | 1.0327 | long leg | $205K | $595K | 10x | |
| GMX SUI/USD [ETH-USDC] | L +0.0620% / S −0.0272% | 1h | 1.0365 | +0.370% | $977K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.0982% | 1h | 1.0382 | +0.533% | $78K | $380K | 10x | as long as short |
Bluefin SUI-PERP
Lighter SUI
Lighter RH SUI
Popdex SUIUSDT
Paradex SUI-USD-PERP
Nado SUI-PERP
Hyperliquid SUI
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
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
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD