Funding you earn now, next payment 00:00 UTC+0.0079%/8h= +8.6% APRpaid last 24h +0.006%
Price spread now: Phoenix against BloFin+0.193%106s7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as 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−$450.451% of the position
Funding, last 7 days−0.188%−$19 on $10k
+Price spread, last 3 days (all we have)−0.267%−$27 · spread now +0.193%, 7d avg +0.040%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Phoenix is 0.152% dearer against BloFin than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.040%. Mind the row above: over the last 7 days funding on this pair cost −0.188%, so the current rate has only just turned in your favour. The two prices were read 106 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 | BloFin SUI-USDT | 1.0420 | 0.0220 | pay 0.0220% / 8h | 7h 51m | $8.0M | $24.4M | 100x |
| Short | Phoenix SUI | 1.0440 | 0.0299 | get 0.0037% / 1h | 51m 24s | $207K | $590K | 10x |
BloFin SUI-USDT
Phoenix SUIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- $16.56
- Price spread: +0.193% → +0.040%
- $15.25
- Slippage, 4 orders
- −$26.15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$13.34
- Costs to cover
- 0.451%
- Break-even
- 12.6 days
Slippage from BloFin: live order book, 3 min ago; Phoenix: live order book, 21 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, 3 min ago | 2.88 bp | 11.4 bp −$11 | 17.2 bp −$172 | 31.5 bp −$3,146 | 69.9 bp −$34.9K |
| Sell Phoenix live order book, 21 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 | 1.0260 | −1.536% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0370% | 1h | 1.0367 | −0.508% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0368% | 1h | 1.0418 | −0.020% | $6K | $19K | 7x | as long as short |
| Bluefin SUI-PERP | −0.0270% | 1h | 1.0362 | −0.557% | $594K | $407K | 25x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0372 | −0.461% | $95K | $176K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0402 | −0.174% | $473K | $5.2M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0374 | −0.441% | $201K | $585K | 25x | as long as short |
| ApeX Omni SUIUSDT | +0.0001% | 1h | 1.0431 | +0.106% | $239K | $462K | 50x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0002% | 1h | 1.0371 | −0.470% | $120K | — | 150x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0039% | 1h | 1.0370 | −0.485% | $7.2M | $24.4M | 50x | 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
ApeX Omni SUIUSDT
gTrade (Gains Network) SUI/USD
Kraken Futures PF_SUIUSDShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUIUSD | +0.0048% | 1h | 1.0370 | −0.480% | $9K | $9K | 10x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0378 | −0.399% | $799K | $5.8M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0380 | −0.387% | $267K | $2.0M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0369 | −0.489% | $32K | $504K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0374 | −0.441% | $46K | $324K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0366 | −0.522% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0370 | −0.480% | $655K | $1.4M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0375 | −0.429% | $998K | $4.8M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0376 | −0.424% | $226K | $259K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0372 | −0.460% | $154.5M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0377 | −0.413% | $104.2M | $308.9M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0373 | −0.451% | $41.7M | $389.2M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0370 | −0.480% | $46K | $387K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0387 | −0.318% | $244K | $2K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0373 | −0.451% | $167.1M | $80.0M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0369 | −0.489% | $150.8M | $289.9M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0362 | −0.557% | $50.7M | $53.2M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0370 | −0.480% | $68.4M | $168.4M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0370 | −0.480% | — | $81.9M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0369 | −0.489% | $674K | $1.1M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0369 | −0.490% | $2.3M | $2.9M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0424 | +0.034% | $169K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0420 | 0.000% | $453K | $7.2M | 10x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0376 | −0.422% | $118K | $760K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0428 | +0.077% | $2K | $1.9M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0371 | −0.470% | $6K | $2.4M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0374 | −0.441% | $642K | $18.6M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0377 | −0.413% | $11.6M | $25.0M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0362 | −0.554% | $1.4M | $3.8M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0376 | −0.422% | $39K | $16K | 3x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0200% | 1h | 1.0397 | −0.221% | $1.0M | $14.1M | 50x | as long as short |
| BloFin SUI-USDTlong | +0.0220% | 8h | 1.0420 | long leg | $8.0M | $24.4M | 100x | |
| Phoenix SUIshort | +0.0299% | 1h | 1.0440 | +0.193% | $207K | $590K | 10x | |
| Hyperliquid SUI | +0.0416% | 1h | 1.0380 | −0.384% | $75.4M | $80.2M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0640% / S −0.0317% | 1h | 1.0371 | −0.466% | $889K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.0923% | 1h | 1.0414 | −0.061% | $94K | $365K | 10x | as long as short |
01 Exchange SUIUSD
Lighter SUI
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
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
Polymarket Perps SUI-USD
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
Extended SUI-USD
Aevo SUI-PERP
Coinbase International SUI-PERP-INTX
Hyperliquid SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD