Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.005%
Price spread now: Phemex against Popdex+0.029%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$400.401% of the position
Funding, last 3 days (all we have)−0.003%$0 on $10k
+Price spread, last 3 days (all we have)−0.026%−$3 · spread now +0.029%, 7d avg +0.008%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.021% dearer against Popdex than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex SUIUSDT | 1.0347 | 0.0096 | pay 0.0012% / 1h | 47m 13s | $38K | $496K | 50x |
| Short | Phemex SUIUSDT | 1.0350 | 0.0100 | get 0.0100% / 8h | 47m 13s | $11.6M | $24.8M | 50x |
Popdex SUIUSDT
Phemex SUIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Popdex. 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
- $0.84
- Price spread: +0.029% → +0.008%
- $2.11
- Slippage, 4 orders
- −$21.74
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$37.19
- Costs to cover
- 0.401%
- Break-even
- 316.9 days
Slippage from Popdex: live order book, 32 min ago; Phemex: 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 Popdex live order book, 32 min ago | 2.59 bp | 7.6 bp −$8 | 23.7 bp −$237 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 1.93 bp | 14.4 bp −$14 | 24.5 bp −$245 | 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 | −0.3474% | 1h | 1.0207 | −1.353% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0369% | 1h | 1.0341 | −0.056% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0328% | 1h | 1.0341 | −0.060% | $6K | $19K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0354 | +0.064% | $94K | $66K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0361 | +0.140% | $462K | $5.4M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0347 | 0.000% | $201K | $581K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0002% | 1h | 1.0346 | −0.009% | $120K | — | 150x | as long as short |
| Bluefin SUI-PERP | +0.0004% | 1h | 1.0333 | −0.135% | $592K | $405K | 25x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0353 | +0.061% | $796K | $5.9M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0357 | +0.098% | $261K | $2.0M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Bluefin SUI-PERP
Lighter SUI
Lighter RH SUIShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUIUSD | +0.0096% | 1h | 1.0352 | +0.048% | $9K | $9K | 10x | as long as short |
| Popdex SUIUSDTlong | +0.0096% | 1h | 1.0347 | long leg | $38K | $496K | 50x | |
| Orderly PERP_SUI_USDC | +0.0099% | 8h | 1.0344 | −0.029% | $46K | $330K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0352 | +0.046% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0348 | +0.010% | $597K | $1.4M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0351 | +0.038% | $1.0M | $4.6M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0354 | +0.067% | $225K | $260K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0345 | −0.019% | $152.0M | $1.02B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0347 | −0.003% | $103.8M | $306.8M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0342 | −0.048% | $41.3M | $385.9M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0350 | +0.029% | $46K | $387K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0371 | +0.231% | $244K | $2K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0347 | 0.000% | $165.8M | $80.8M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0346 | −0.010% | $149.4M | $289.5M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0342 | −0.048% | $51.7M | $52.2M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0341 | −0.058% | $67.9M | $168.8M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0345 | −0.019% | — | $81.6M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0345 | −0.019% | $659K | $1.1M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0354 | +0.070% | $2.3M | $2.8M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0361 | +0.134% | $169K | $4.4M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0356 | +0.083% | $450K | $6.9M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0357 | +0.097% | $235K | $442K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0355 | +0.077% | $108K | $780K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0359 | +0.116% | $2K | $1.9M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0350 | +0.029% | $7K | $2.4M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0343 | −0.039% | $640K | $18.5M | 75x | as long as short |
| Phemex SUIUSDTshort | +0.0100% | 8h | 1.0350 | +0.029% | $11.6M | $24.8M | 50x | |
| Extended SUI-USD | +0.0104% | 1h | 1.0343 | −0.042% | $1.4M | $3.8M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0351 | +0.039% | $49K | $37K | 3x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0354 | +0.068% | $7.9M | $24.1M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0224% | 1h | 1.0359 | +0.116% | $986K | $14.0M | 50x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0273% | 1h | 1.0356 | +0.084% | $7.2M | $24.1M | 50x | as long as short |
| Phoenix SUI | +0.0327% | 1h | 1.0364 | +0.164% | $205K | $593K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0640% / S −0.0309% | 1h | 1.0344 | −0.030% | $904K | — | 100x | as long as short |
| Hyperliquid SUI | +0.0690% | 1h | 1.0361 | +0.135% | $74.7M | $80.8M | 10x | as long as short |
| Aftermath Perps SUIUSD | +0.0812% | 1h | 1.0345 | −0.015% | $94K | $381K | 10x | as long as short |
01 Exchange SUIUSD
Orderly PERP_SUI_USDC
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-USDT
Backpack SUI_USDC_PERP
Variational Omni SUI
edgeX SUIUSDC
GRVT SUI_USDT_Perp
ApeX Omni SUIUSDT
Polymarket Perps SUI-USD
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Extended SUI-USD
Aevo SUI-PERP
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Kraken Futures PF_SUIUSD
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Hyperliquid SUI
Aftermath Perps SUIUSD