Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: Phemex against Binance−0.066%52s7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$340.338% of the position
Funding, last 7 days−0.053%−$5 on $10k
+Price spread, last 3 days (all we have)+0.068%+$7 · spread now −0.066%, 7d avg +0.023%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.089% cheaper against Binance than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.023%. The two prices were read 52 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 | Binance SUIUSDT | 1.0364 | 0.0100 | pay 0.0100% / 8h | 6h 19m | $151.5M | $1.05B | 75x |
| Short | Phemex SUIUSDT | 1.0357 | 0.0100 | get 0.0100% / 8h | 6h 19m | $11.6M | $25.8M | 50x |
Binance SUIUSDT
Phemex SUIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Binance. 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
- Price spread: −0.066% → +0.023%
- −$8.88
- Slippage, 4 orders
- −$11.77
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$42.65
- Costs to cover
- 0.338%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; Phemex: live order book, 5 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 Binance live order book, 9 min ago | 0.48 bp | 6.3 bp −$6 | 10.4 bp −$104 | 25.9 bp −$2,589 | 92.1 bp −$46.0K |
| Sell Phemex live order book, 5 min ago | 3.85 bp | 10.0 bp −$10 | 23.5 bp −$235 | doesn't fit | doesn't fit |
SUI on 45 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 | −0.4499% | 1h | 1.0236 | −1.233% | $42K | $123K | 12x | as long as short |
| Hibachi SUI/USDT-P | −0.0384% | 1h | 1.0379 | +0.145% | $6K | $19K | 7x | as long as short |
| Reya SUIRUSDPERP | −0.0372% | 1h | 1.0373 | +0.092% | $4K | $3K | 20x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0368 | +0.040% | $94K | $171K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0361 | −0.022% | $508K | $5.1M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0347 | −0.162% | $201K | $578K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0360 | −0.037% | $113K | — | 150x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0012% | 1h | 1.0350 | −0.136% | $6.8M | $27.0M | 50x | as long as short |
| Bluefin SUI-PERP | +0.0077% | 1h | 1.0334 | −0.288% | $591K | $416K | 25x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0380 | +0.156% | $820K | $5.7M | 10x | as long as short |
Injective SUI/USDC PERP
Hibachi SUI/USDT-P
Reya SUIRUSDPERP
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Kraken Futures PF_SUIUSD
Bluefin SUI-PERP
Lighter SUIShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SUI | +0.0096% | 1h | 1.0379 | +0.150% | $277K | $2.1M | 10x | as long as short |
| 01 Exchange SUIUSD | +0.0096% | 1h | 1.0375 | +0.108% | $9K | $3K | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0373 | +0.089% | $31K | $493K | 50x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0370 | +0.060% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0378 | +0.137% | $750K | $1.9M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0373 | +0.089% | $911K | $5.0M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0373 | +0.087% | $226K | $269K | 10x | as long as short |
| Binance SUIUSDTlong | +0.0100% | 8h | 1.0364 | long leg | $151.5M | $1.05B | 75x | |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0362 | −0.014% | $102.7M | $312.8M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0379 | +0.147% | $41.0M | $391.7M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0370 | +0.060% | $44K | $373K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0400 | +0.350% | $245K | $3K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0367 | +0.031% | $164.0M | $84.3M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0362 | −0.017% | $150.2M | $300.0M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0378 | +0.137% | $51.7M | $53.7M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0374 | +0.098% | $67.5M | $171.6M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0362 | −0.017% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0368 | +0.040% | $692K | $1.2M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0378 | +0.133% | $2.4M | $3.2M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0373 | +0.085% | $169K | $4.7M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0394 | +0.292% | $449K | $7.5M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0374 | +0.098% | $237K | $501K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0384 | +0.195% | $120K | $723K | 10x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0363 | −0.008% | $47K | $250K | 20x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0354 | −0.095% | $2K | $1.8M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0345 | −0.181% | $6K | $2.2M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0351 | −0.124% | $644K | $19.8M | 75x | as long as short |
| Phemex SUIUSDTshort | +0.0100% | 8h | 1.0357 | −0.066% | $11.6M | $25.8M | 50x | |
| Extended SUI-USD | +0.0104% | 1h | 1.0369 | +0.053% | $1.5M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0346 | −0.172% | $39K | $16K | 3x | as long as short |
| Hyperliquid SUI | +0.0152% | 1h | 1.0381 | +0.166% | $74.4M | $80.5M | 10x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0152% | 1h | 1.0356 | −0.075% | $991K | $14.6M | 50x | as long as short |
| Phoenix SUI | +0.0221% | 1h | 1.0410 | +0.447% | $206K | $595K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0613% / S −0.0271% | 1h | 1.0344 | −0.192% | $961K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1060% | 1h | 1.0375 | +0.112% | $79K | $380K | 10x | as long as short |
Lighter RH SUI
01 Exchange SUIUSD
Popdex SUIUSDT
Paradex SUI-USD-PERP
Nado SUI-PERP
Aster SUIUSDT
Pacifica SUI
Bybit SUIUSDT
OKX SUI-USDT-SWAP
Arcus SUI-USD
Bulk SUI-USD
Gate SUI_USDT
MEXC SUI_USDT
KuCoin SUIUSDTM
Bitget SUIUSDT
BingX SUI-USDC
Backpack SUI_USDC_PERP
Variational Omni SUI
edgeX SUIUSDC
GRVT SUI_USDT_Perp
ApeX Omni SUIUSDT
Polymarket Perps SUI-USD
Orderly PERP_SUI_USDC
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Extended SUI-USD
Aevo SUI-PERP
Hyperliquid SUI
Coinbase International SUI-PERP-INTX
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD