Settings8H · net · $10k
Funding arb · Price arb /

SUI

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0199%/8h= +21.8% APRpaid last 24h +0.030%
Price spread now: Phoenix against Aster−0.057%7-day average +0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$420.421% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.019%−$2 on $10k
Price spread, last 3 days (all we have)+0.167%+$17 · spread now −0.057%, 7d avg +0.046%
Together, before fees+0.148%+ Points / potential airdropAster: Stage 5 · farm board+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. Phoenix is 0.103% cheaper against Aster than usual: you would sell low and buy high (spread −0.057% now, against its 7-day average of +0.046%). If the spread goes back, that is −$10 on $10k: about 41 hours of funding at the current rate (+$6 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.019% in total (about -1.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SUIUSDT1.05090.0100pay 0.0100% / 8h7h 35m$998K$4.8M75x
ShortPhoenix SUI1.05030.0299get 0.0037% / 1h35m 24s$208K$590K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$41.76
Price spread: −0.057% → +0.046%
−$10.25
Slippage, 4 orders
−$27.12
Fee Aster: 4 bp × 2 orders
−$8
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
−$10.61
Costs to cover
0.421%
Break-even
8.8 days
Slippage from Aster: live order book, 3 min ago; Phoenix: live order book, 37 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 3 min ago2.39 bp7.5 bp −$726.5 bp −$265doesn't fitdoesn't fit
Sell Phoenix live order book, 37 min ago0.96 bp12.3 bp −$1242.9 bp −$429doesn't fitdoesn't fit

SUI on 46 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective SUI/USDC PERP−0.3416%1h1.0330−1.708%$42K$123K12xas long as short
Bluefin SUI-PERP−0.0710%1h1.0495−0.138%$602K$410K25xas long as short
Hibachi SUI/USDT-P−0.0424%1h1.0484−0.240%$6K$19K7xas long as short
Reya SUIRUSDPERP−0.0371%1h1.0499−0.095%$4K$3K20xas long as short
dYdX SUI-USD0.0000%1h1.0495−0.138%$96K$169K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0492−0.162%$480K$5.0M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0511+0.015%$204K$583K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0002%1h1.0510+0.005%$121K150xas long as short
Phemex SUIUSDT+0.0037%8h1.0481−0.271%$11.7M$25.0M50xas long as short
Kraken Futures PF_SUIUSD+0.0038%1h1.0514+0.043%$7.3M$23.9M50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SUIUSD+0.0072%1h1.0509−0.005%$9K$9K10xas long as short
Lighter SUI+0.0096%1h1.0495−0.139%$812K$5.8M10xas long as short
Lighter RH SUI+0.0096%1h1.0498−0.109%$272K$2.0M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0498−0.109%$33K$481K50xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0508−0.014%$47K$314K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0494−0.148%$28K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0504−0.052%$666K$1.4M10xas long as short
Aster SUIUSDTlong+0.0100%8h1.0509long leg$998K$4.8M75x
Pacifica SUI+0.0100%1h1.0495−0.140%$228K$256K10xas long as short
Binance SUIUSDT+0.0100%8h1.0508−0.017%$156.1M$1.02B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0512+0.024%$105.3M$304.8M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0506−0.033%$41.9M$387.3M50xas long as short
Arcus SUI-USD+0.0100%1h1.0510+0.005%$47K$387K10xas long as short
Bulk SUI-USD+0.0100%1h1.0450−0.569%$246K$81310xas long as short
Gate SUI_USDT+0.0100%8h1.0508−0.014%$169.1M$80.6M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0503−0.062%$154.2M$293.0M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0498−0.109%$51.2M$52.9M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0506−0.033%$69.3M$165.8M75xas long as short
BingX SUI-USDT+0.0100%8h1.0510+0.005%$81.4Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0478−0.300%$681K$1.1M20xas long as short
Variational Omni SUI+0.0100%8h1.0488−0.206%$2.4M$2.9Mas long as short
edgeX SUIUSDC+0.0100%4h1.0449−0.578%$170K$4.5M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0444−0.623%$452K$7.3M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0479−0.290%$241K$479K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0512+0.024%$120K$757K10xas long as short
SunX SUI-USDT+0.0100%8h1.0514+0.043%$2K$1.9M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0508−0.014%$6K$2.3M10xas long as short
HTX SUI-USDT+0.0100%8h1.0484−0.242%$648K$18.6M75xas long as short
Extended SUI-USD+0.0104%1h1.0505−0.044%$1.5M$3.9M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0513+0.031%$40K$16K3xas long as short
Coinbase International SUI-PERP-INTX+0.0200%1h1.0498−0.109%$1.0M$14.4M50xas long as short
BloFin SUI-USDT+0.0220%8h1.0472−0.357%$8.1M$24.3M100xas long as short
Phoenix SUIshort+0.0299%1h1.0503−0.057%$208K$590K10x
Hyperliquid SUI+0.0385%1h1.0514+0.045%$76.5M$78.8M10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0640% / S −0.0324%1h1.0511+0.014%$914K100xas long as short
Aftermath Perps SUIUSD+0.0870%1h1.0465−0.424%$93K$368K10xas long as short