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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster SUIUSDT | 1.0509 | 0.0100 | pay 0.0100% / 8h | 7h 35m | $998K | $4.8M | 75x |
| Short | Phoenix SUI | 1.0503 | 0.0299 | get 0.0037% / 1h | 35m 24s | $208K | $590K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aster live order book, 3 min ago | 2.39 bp | 7.5 bp −$7 | 26.5 bp −$265 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 37 min ago | 0.96 bp | 12.3 bp −$12 | 42.9 bp −$429 | 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 | −0.3416% | 1h | 1.0330 | −1.708% | $42K | $123K | 12x | as long as short |
| Bluefin SUI-PERP | −0.0710% | 1h | 1.0495 | −0.138% | $602K | $410K | 25x | as long as short |
| Hibachi SUI/USDT-P | −0.0424% | 1h | 1.0484 | −0.240% | $6K | $19K | 7x | as long as short |
| Reya SUIRUSDPERP | −0.0371% | 1h | 1.0499 | −0.095% | $4K | $3K | 20x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0495 | −0.138% | $96K | $169K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0492 | −0.162% | $480K | $5.0M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0511 | +0.015% | $204K | $583K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0002% | 1h | 1.0510 | +0.005% | $121K | — | 150x | as long as short |
| Phemex SUIUSDT | +0.0037% | 8h | 1.0481 | −0.271% | $11.7M | $25.0M | 50x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0038% | 1h | 1.0514 | +0.043% | $7.3M | $23.9M | 50x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUIUSD | +0.0072% | 1h | 1.0509 | −0.005% | $9K | $9K | 10x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0495 | −0.139% | $812K | $5.8M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0498 | −0.109% | $272K | $2.0M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0498 | −0.109% | $33K | $481K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0508 | −0.014% | $47K | $314K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0494 | −0.148% | $28K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0504 | −0.052% | $666K | $1.4M | 10x | as long as short |
| Aster SUIUSDTlong | +0.0100% | 8h | 1.0509 | long leg | $998K | $4.8M | 75x | |
| Pacifica SUI | +0.0100% | 1h | 1.0495 | −0.140% | $228K | $256K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0508 | −0.017% | $156.1M | $1.02B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0512 | +0.024% | $105.3M | $304.8M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0506 | −0.033% | $41.9M | $387.3M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0510 | +0.005% | $47K | $387K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0450 | −0.569% | $246K | $813 | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0508 | −0.014% | $169.1M | $80.6M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0503 | −0.062% | $154.2M | $293.0M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0498 | −0.109% | $51.2M | $52.9M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0506 | −0.033% | $69.3M | $165.8M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0510 | +0.005% | — | $81.4M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0478 | −0.300% | $681K | $1.1M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0488 | −0.206% | $2.4M | $2.9M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0449 | −0.578% | $170K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0444 | −0.623% | $452K | $7.3M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0479 | −0.290% | $241K | $479K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0512 | +0.024% | $120K | $757K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0514 | +0.043% | $2K | $1.9M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0508 | −0.014% | $6K | $2.3M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0484 | −0.242% | $648K | $18.6M | 75x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0505 | −0.044% | $1.5M | $3.9M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0513 | +0.031% | $40K | $16K | 3x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0200% | 1h | 1.0498 | −0.109% | $1.0M | $14.4M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0472 | −0.357% | $8.1M | $24.3M | 100x | as long as short |
| Phoenix SUIshort | +0.0299% | 1h | 1.0503 | −0.057% | $208K | $590K | 10x | |
| Hyperliquid SUI | +0.0385% | 1h | 1.0514 | +0.045% | $76.5M | $78.8M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0640% / S −0.0324% | 1h | 1.0511 | +0.014% | $914K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.0870% | 1h | 1.0465 | −0.424% | $93K | $368K | 10x | as long as short |
Aster SUIUSDT
Phoenix SUI
Injective SUI/USDC PERP
Bluefin SUI-PERP
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Phemex SUIUSDT
Kraken Futures PF_SUIUSD
01 Exchange SUIUSD
Lighter SUI
Lighter RH SUI
Popdex SUIUSDT
Paradex SUI-USD-PERP
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
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Extended SUI-USD
Coinbase International SUI-PERP-INTX
BloFin SUI-USDT
Hyperliquid SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD