Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.023%
Price spread now: Phemex against BloFin+0.019%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$380.384% of the position
Funding, last 7 days−0.276%−$28 on $10k
+Price spread, last 3 days (all we have)−0.038%−$4 · spread now +0.019%, 7d avg −0.023%
=The price spread pays, funding is against you. Phemex is 0.042% dearer against BloFin than usual: you sell high and buy low (spread +0.019% now, against its 7-day average of −0.023%): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 28 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SUI-USDT | 1.0377 | 0.0220 | pay 0.0220% / 8h | 14m 33s | $8.0M | $24.3M | 100x |
| Short | Phemex SUIUSDT | 1.0379 | 0.0100 | get 0.0100% / 8h | 14m 33s | $11.6M | $24.9M | 50x |
BloFin SUI-USDT
Phemex SUIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against BloFin. 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
- −$25.2
- Price spread: +0.019% → −0.023%
- $4.22
- Slippage, 4 orders
- −$14.37
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$59.35
- Costs to cover
- 0.384%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 min ago; Phemex: live order book, 4 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 BloFin live order book, 4 min ago | 1.45 bp | 8.0 bp −$8 | 9.6 bp −$96 | 19.1 bp −$1,905 | 45.1 bp −$22.5K |
| Sell Phemex live order book, 4 min ago | 2.89 bp | 12.6 bp −$13 | 24.9 bp −$249 | 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 | 1.0240 | −1.320% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0370% | 1h | 1.0357 | −0.191% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0336% | 1h | 1.0377 | −0.001% | $6K | $19K | 7x | as long as short |
| Bluefin SUI-PERP | −0.0061% | 1h | 1.0357 | −0.193% | $594K | $406K | 25x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0366 | −0.104% | $95K | $175K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0390 | +0.128% | $465K | $5.3M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0373 | −0.039% | $201K | $581K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0002% | 1h | 1.0372 | −0.046% | $119K | — | 150x | as long as short |
| 01 Exchange SUIUSD | +0.0088% | 1h | 1.0369 | −0.077% | $9K | $9K | 10x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0372 | −0.051% | $796K | $5.9M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
Bluefin SUI-PERP
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
01 Exchange SUIUSD
Lighter SUIShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SUI | +0.0096% | 1h | 1.0371 | −0.057% | $261K | $2.0M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0361 | −0.154% | $40K | $496K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0370 | −0.067% | $46K | $328K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0372 | −0.046% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0366 | −0.106% | $606K | $1.4M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0371 | −0.056% | $1.0M | $4.7M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0373 | −0.041% | $225K | $260K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0362 | −0.142% | $153.1M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0360 | −0.161% | $103.9M | $307.7M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0357 | −0.193% | $41.6M | $388.1M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0370 | −0.067% | $46K | $387K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0367 | −0.096% | $167.0M | $81.5M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0368 | −0.087% | $150.2M | $292.0M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0372 | −0.048% | $51.5M | $52.5M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0355 | −0.212% | $68.3M | $168.4M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0364 | −0.125% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0372 | −0.048% | $664K | $1.1M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0383 | +0.058% | $2.3M | $2.8M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0377 | +0.001% | $169K | $4.4M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0404 | +0.264% | $454K | $7.1M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0379 | +0.019% | $236K | $443K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0368 | −0.087% | $108K | $773K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0395 | +0.173% | $2K | $1.9M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0372 | −0.048% | $6K | $2.3M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0367 | −0.096% | $652K | $18.5M | 75x | as long as short |
| Phemex SUIUSDTshort | +0.0100% | 8h | 1.0379 | +0.019% | $11.6M | $24.9M | 50x | |
| Bulk SUI-USD | +0.0100% | 1h | 1.0359 | −0.173% | $244K | $2K | 10x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0361 | −0.159% | $1.5M | $3.8M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0408 | +0.295% | $49K | $37K | 3x | as long as short |
| BloFin SUI-USDTlong | +0.0220% | 8h | 1.0377 | long leg | $8.0M | $24.3M | 100x | |
| Coinbase International SUI-PERP-INTX | +0.0224% | 1h | 1.0385 | +0.077% | $981K | $14.1M | 50x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0272% | 1h | 1.0376 | −0.009% | $7.2M | $24.2M | 50x | as long as short |
| Phoenix SUI | +0.0327% | 1h | 1.0382 | +0.049% | $206K | $593K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0642% / S −0.0307% | 1h | 1.0373 | −0.042% | $904K | — | 100x | as long as short |
| Hyperliquid SUI | +0.0652% | 1h | 1.0390 | +0.125% | $75.3M | $81.0M | 10x | as long as short |
| Aftermath Perps SUIUSD | +0.0820% | 1h | 1.0376 | −0.005% | $94K | $382K | 10x | as long as short |
Lighter RH SUI
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
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
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Bulk SUI-USD
Extended SUI-USD
Aevo SUI-PERP
Coinbase International SUI-PERP-INTX
Kraken Futures PF_SUIUSD
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Hyperliquid SUI
Aftermath Perps SUIUSD