Funding you earn now, next payment 03:00 UTC−0.0170%/8h= −18.6% APRpaid last 24h −0.015%
Price spread now: BloFin against Phoenix−0.497%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$420.418% of the position
Funding, last 7 days+0.177%+$18 on $10k
+Price spread, last 4 days (all we have)+0.671%+$67 · spread now −0.497%, 7d avg −0.052%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and BloFin is 0.445% cheaper against Phoenix than usual: you would sell low and buy high (−$44 if the spread goes back to its 7-day average of −0.052%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.177%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix SUI | 1.0401 | 0.0390 | pay 0.0049% / 1h | 57m 49s | $211K | $411K | 10x |
| Short | BloFin SUI-USDT | 1.0349 | 0.0220 | get 0.0220% / 8h | 3h 57m | $7.9M | $24.8M | 100x |
Phoenix SUI
BloFin SUI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$35.63
- Price spread: −0.497% → −0.052%
- −$44.48
- Slippage, 4 orders
- −$22.77
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$121.88
- Costs to cover
- 0.418%
- Break-even
- never at this rate
Slippage from Phoenix: live order book, 59 min ago; BloFin: live order book, 6 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, 59 min ago | 0.95 bp | 12.3 bp −$12 | 50.6 bp −$506 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 6 min ago | 2.41 bp | 8.4 bp −$8 | 12.5 bp −$125 | 24.6 bp −$2,458 | 48.8 bp −$24.4K |
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 | 1.0251 | −1.439% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0376% | 1h | 1.0353 | −0.459% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0320% | 1h | 1.0352 | −0.472% | $6K | $19K | 7x | as long as short |
| Kraken Futures PF_SUIUSD | −0.0066% | 1h | 1.0371 | −0.289% | $6.8M | $27.0M | 50x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0369 | −0.304% | $130K | $227K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0379 | −0.208% | $497K | $5.0M | 2.5x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0356 | −0.426% | $116K | — | 150x | as long as short |
| Bluefin SUI-PERP | +0.0024% | 1h | 1.0354 | −0.449% | $593K | $407K | 25x | as long as short |
| Deribit SUI_USDC-PERPETUAL | +0.0039% | 1h | 1.0367 | −0.324% | $201K | $573K | 25x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0370 | −0.296% | $800K | $5.4M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
Kraken Futures PF_SUIUSD
dYdX SUI-USD
Kalshi KXSUIPERP
gTrade (Gains Network) SUI/USD
Bluefin SUI-PERP
Deribit SUI_USDC-PERPETUAL
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 | 1.0372 | −0.279% | $299K | $2.2M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0365 | −0.343% | $42K | $513K | 50x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0373 | −0.268% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0370 | −0.295% | $584K | $2.1M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0372 | −0.279% | $907K | $4.6M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0369 | −0.302% | $224K | $259K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0376 | −0.234% | $150.4M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0375 | −0.247% | $102.0M | $309.9M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0374 | −0.257% | $40.9M | $388.8M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0370 | −0.295% | $44K | $330K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0339 | −0.593% | $243K | $6K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0375 | −0.247% | $170.0M | $80.8M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0375 | −0.247% | $152.9M | $291.7M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0374 | −0.257% | $49.9M | $53.9M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0372 | −0.276% | $67.7M | $172.5M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0377 | −0.228% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0371 | −0.286% | $655K | $1.4M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0383 | −0.173% | $2.5M | $3.4M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0381 | −0.187% | $171K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0378 | −0.215% | $453K | $7.6M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0393 | −0.074% | $230K | $431K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0372 | −0.276% | $124K | $747K | 10x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0367 | −0.324% | $48K | $147K | 20x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0356 | −0.430% | $2K | $1.7M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0367 | −0.324% | $14K | $2.1M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0360 | −0.391% | $587K | $19.7M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0368 | −0.314% | $11.9M | $26.8M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0371 | −0.289% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0371 | −0.287% | $39K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0192% | 1h | 1.0369 | −0.305% | $9K | $2K | 10x | as long as short |
| BloFin SUI-USDTshort | +0.0220% | 8h | 1.0349 | −0.497% | $7.9M | $24.8M | 100x | |
| Coinbase International SUI-PERP-INTX | +0.0248% | 1h | 1.0373 | −0.266% | $975K | $15.0M | 50x | as long as short |
| Phoenix SUIlong | +0.0390% | 1h | 1.0401 | long leg | $211K | $411K | 10x | |
| Hyperliquid SUI | +0.0464% | 1h | 1.0383 | −0.170% | $75.1M | $81.6M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0612% / S −0.0267% | 1h | 1.0355 | −0.436% | $957K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1503% | 1h | 1.0378 | −0.213% | $83K | $401K | 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
Phemex SUIUSDT
Extended SUI-USD
Aevo SUI-PERP
01 Exchange SUIUSD
Coinbase International SUI-PERP-INTX
Hyperliquid SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD