Funding you earn now, next payment 02:00 UTC−0.0736%/8h= −80.5% APRnext payment −$0.92 per $10,000 · paid last 24h −0.172%
Price spread now: Reya against Phoenix−0.023%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Reya is 0.023% cheaper against Phoenix than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix SUI | 1.0411 | 0.0362 | pay 0.0045% / 1h | 36m 40s | $211K | $561K | 10x |
| Short | Reya SUIRUSDPERP | 1.0408 | −0.0374 | pay 0.0047% / 1h | 36m 40s | $4K | $3K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- −$154.46
- Price spread: −0.023% → 0.000%
- −$2.31
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$169.77
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 26 min ago; Reya: no order-book sample. Net counts fees only.
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, 26 min ago | 0.96 bp | 12.4 bp −$12 | 50.7 bp −$507 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.3542% | 1h | 1.0276 | −1.294% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERPshort | −0.0374% | 1h | 1.0408 | −0.023% | $4K | $3K | 20x | |
| Hibachi SUI/USDT-P | −0.0216% | 1h | 1.0377 | −0.327% | $6K | $19K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0410 | −0.008% | $95K | $168K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0372 | −0.369% | $511K | $4.8M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0403 | −0.074% | $202K | $576K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0408 | −0.026% | $114K | — | 150x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0414 | +0.031% | $825K | $5.6M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0407 | −0.034% | $279K | $2.1M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0409 | −0.016% | $33K | $499K | 50x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0410 | −0.007% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0405 | −0.055% | $715K | $1.9M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0405 | −0.055% | $914K | $4.6M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0411 | +0.003% | $228K | $262K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0409 | −0.016% | $152.6M | $1.02B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0408 | −0.026% | $103.2M | $307.6M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0405 | −0.055% | $41.2M | $383.8M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0420 | +0.089% | $45K | $373K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0403 | −0.072% | $245K | $4K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0410 | −0.007% | $165.2M | $82.7M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0415 | +0.041% | $151.2M | $292.0M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0404 | −0.064% | $51.1M | $53.5M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0415 | +0.041% | $68.1M | $168.2M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0417 | +0.061% | — | $82.0M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0406 | −0.045% | $703K | $1.3M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0393 | −0.165% | $2.4M | $3.2M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0400 | −0.102% | $169K | $4.6M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0372 | −0.372% | $456K | $7.5M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0388 | −0.218% | $236K | $470K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0424 | +0.128% | $122K | $720K | 10x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0402 | −0.084% | $48K | $238K | 20x | as long as short |
| Bluefin SUI-PERP | +0.0100% | 1h | 1.0391 | −0.189% | $595K | $408K | 25x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0388 | −0.218% | $2K | $1.8M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0402 | −0.084% | $14K | $2.1M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0409 | −0.016% | $599K | $19.6M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0411 | +0.003% | $11.6M | $26.1M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0414 | +0.033% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0402 | −0.084% | $39K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0136% | 1h | 1.0412 | +0.012% | $9K | $3K | 10x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0176% | 1h | 1.0388 | −0.218% | $992K | $14.6M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0406 | −0.045% | $8.0M | $25.0M | 100x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0289% | 1h | 1.0404 | −0.060% | $6.8M | $26.9M | 50x | as long as short |
| Phoenix SUIlong | +0.0362% | 1h | 1.0411 | long leg | $211K | $561K | 10x | |
| GMX SUI/USD [ETH-USDC] | L +0.0618% / S −0.0272% | 1h | 1.0408 | −0.021% | $967K | — | 100x | as long as short |
| Hyperliquid SUI | +0.0671% | 1h | 1.0410 | −0.007% | $75.8M | $80.2M | 10x | as long as short |
| Aftermath Perps SUIUSD | +0.1290% | 1h | 1.0409 | −0.013% | $83K | $385K | 10x | as long as short |
Phoenix SUI
Injective SUI/USDC PERP
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Lighter SUI
Lighter RH SUI
Popdex SUIUSDT
Paradex SUI-USD-PERP
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
GRVT SUI_USDT_Perp
ApeX Omni SUIUSDT
Polymarket Perps SUI-USD
Bluefin SUI-PERP
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
Extended SUI-USD
01 Exchange SUIUSD
Coinbase International SUI-PERP-INTX
BloFin SUI-USDT
Kraken Futures PF_SUIUSD
GMX SUI/USD [ETH-USDC]
Hyperliquid SUI
Aftermath Perps SUIUSD