Funding you earn now, next payment 07:00 UTC+0.0479%/8h= +52.4% APRpaid last 24h +0.132%
Price spread now: Phemex against Reya+0.079%46s7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$14 a day on $10k at the current rate, and Phemex is 0.079% dearer against Reya than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 46 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 | Reya SUIRUSDPERP | 1.0208 | −0.0379 | get 0.0047% / 1h | 57m 19s | $4K | $3K | 20x |
| Short | Phemex SUIUSDT | 1.0216 | 0.0100 | get 0.0100% / 8h | 1h 57m | $11.7M | $28.0M | 50x |
Reya SUIRUSDPERP
Phemex SUIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Reya. 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
- $100.57
- Price spread: +0.079% → 0.000%
- $7.89
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- $90.46
- Costs to cover
- 0.180%
- Break-even
- 0.7 days
Slippage unknown: Reya: no order-book sample; Phemex: live order book, 2 min ago. 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 Reya no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 2 min ago | 2.44 bp | 12.1 bp −$12 | 22.5 bp −$225 | doesn't fit | doesn't fit |
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 | −0.3536% | 1h | 1.0119 | −0.871% | $42K | $113K | 12x | as long as short |
| Reya SUIRUSDPERPlong | −0.0379% | 1h | 1.0208 | long leg | $4K | $3K | 20x | |
| Hibachi SUI/USDT-P | −0.0184% | 1h | 1.0212 | +0.035% | $5K | $19K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0222 | +0.137% | $96K | $294K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0252 | +0.428% | $377K | $5.1M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0219 | +0.108% | $196K | $564K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0209 | +0.010% | $115K | — | 150x | as long as short |
| Bluefin SUI-PERP | +0.0044% | 1h | 1.0189 | −0.186% | $584K | $430K | 25x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0220 | +0.122% | $796K | $5.3M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0220 | +0.118% | $298K | $2.2M | 10x | as long as short |
Injective SUI/USDC PERP
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 | |
|---|---|---|---|---|---|---|---|---|
| Popdex SUIUSDT | +0.0096% | 1h | 1.0210 | +0.020% | $34K | $547K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0200 | −0.078% | $47K | $220K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0222 | +0.139% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0211 | +0.030% | $540K | $2.1M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0212 | +0.043% | $901K | $4.3M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0221 | +0.128% | $218K | $264K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0210 | +0.022% | $146.6M | $1.05B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0197 | −0.106% | $100.1M | $320.9M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0198 | −0.097% | $40.9M | $391.5M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0210 | +0.020% | $43K | $329K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0208 | −0.004% | $240K | $2K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0208 | +0.001% | $166.6M | $82.6M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0212 | +0.040% | $152.2M | $290.1M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0213 | +0.050% | $49.8M | $53.6M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0197 | −0.107% | $67.3M | $177.7M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0212 | +0.040% | — | $84.8M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0214 | +0.059% | $672K | $1.4M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0214 | +0.056% | $2.4M | $3.5M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0206 | −0.018% | $164K | $4.6M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0213 | +0.046% | $442K | $7.6M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0205 | −0.029% | $224K | $424K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0217 | +0.089% | $132K | $655K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0227 | +0.187% | $2K | $1.7M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0216 | +0.079% | $6K | $1.9M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0215 | +0.069% | $625K | $19.3M | 75x | as long as short |
| Phemex SUIUSDTshort | +0.0100% | 8h | 1.0216 | +0.079% | $11.7M | $28.0M | 50x | |
| Extended SUI-USD | +0.0104% | 1h | 1.0206 | −0.024% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0204 | −0.042% | $39K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0208% | 1h | 1.0214 | +0.059% | $9K | $2K | 10x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0213 | +0.050% | $7.6M | $24.9M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0280% | 1h | 1.0224 | +0.157% | $1.0M | $15.1M | 50x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0363% | 1h | 1.0219 | +0.105% | $6.8M | $25.0M | 50x | as long as short |
| Phoenix SUI | +0.0416% | 1h | 1.0229 | +0.206% | $203K | $413K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0604% / S −0.0264% | 1h | 1.0209 | +0.011% | $941K | — | 100x | as long as short |
| Hyperliquid SUI | +0.0742% | 1h | 1.0228 | +0.196% | $74.6M | $84.0M | 10x | as long as short |
| Aftermath Perps SUIUSD | +0.1379% | 1h | 1.0221 | +0.124% | $83K | $409K | 10x | as long as short |
Popdex SUIUSDT
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
01 Exchange SUIUSD
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Kraken Futures PF_SUIUSD
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Hyperliquid SUI
Aftermath Perps SUIUSD