Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.006%
Price spread now: Phemex against Bybit+0.125%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$430.434% of the position
Funding, last 7 days−0.036%−$4 on $10k
+Price spread, last 3 days (all we have)−0.124%−$12 · spread now +0.125%, 7d avg +0.018%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.107% dearer against Bybit than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SUIUSDT | 1.0362 | 0.0100 | pay 0.0100% / 8h | 7h 48m | $103.8M | $308.8M | 50x |
| Short | Phemex SUIUSDT | 1.0375 | 0.0100 | get 0.0100% / 8h | 7h 48m | $11.6M | $25.0M | 50x |
Bybit SUIUSDT
Phemex SUIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Bybit. 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: +0.125% → +0.018%
- $10.74
- Slippage, 4 orders
- −$20.43
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$32.69
- Costs to cover
- 0.434%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 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 Bybit live order book, 5 min ago | 0.48 bp | 8.2 bp −$8 | 14.5 bp −$145 | 37.4 bp −$3,740 | doesn't fit |
| Sell Phemex live order book, 5 min ago | 5.76 bp | 13.1 bp −$13 | 24.7 bp −$247 | 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 | 1.0273 | −0.859% | $42K | $123K | 12x | as long as short |
| Hibachi SUI/USDT-P | −0.0376% | 1h | 1.0375 | +0.125% | $6K | $19K | 7x | as long as short |
| Reya SUIRUSDPERP | −0.0370% | 1h | 1.0373 | +0.106% | $4K | $3K | 20x | as long as short |
| Bluefin SUI-PERP | −0.0282% | 1h | 1.0360 | −0.019% | $594K | $418K | 25x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0358 | −0.037% | $95K | $176K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0368 | +0.058% | $472K | $5.2M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0378 | +0.154% | $202K | $585K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0002% | 1h | 1.0376 | +0.135% | $120K | — | 150x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0039% | 1h | 1.0380 | +0.177% | $7.2M | $24.4M | 50x | as long as short |
| 01 Exchange SUIUSD | +0.0056% | 1h | 1.0379 | +0.164% | $9K | $9K | 10x | as long as short |
Injective SUI/USDC PERP
Hibachi SUI/USDT-P
Reya SUIRUSDPERP
Bluefin SUI-PERP
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Kraken Futures PF_SUIUSD
01 Exchange SUIUSDShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SUI | +0.0096% | 1h | 1.0369 | +0.066% | $797K | $5.8M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0370 | +0.074% | $268K | $2.0M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0376 | +0.135% | $32K | $493K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0377 | +0.145% | $46K | $324K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0360 | −0.019% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0376 | +0.135% | $655K | $1.4M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0378 | +0.154% | $1.0M | $4.8M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0364 | +0.021% | $225K | $258K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0364 | +0.020% | $154.3M | $1.03B | 75x | as long as short |
| Bybit SUIUSDTlong | +0.0100% | 8h | 1.0362 | long leg | $103.8M | $308.8M | 50x | |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0359 | −0.029% | $41.6M | $388.3M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0360 | −0.019% | $46K | $387K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0387 | +0.240% | $244K | $2K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0373 | +0.106% | $167.1M | $80.2M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0356 | −0.058% | $150.3M | $290.5M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0352 | −0.097% | $50.6M | $53.2M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0355 | −0.068% | $68.1M | $167.8M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0360 | −0.019% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0379 | +0.164% | $674K | $1.1M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0369 | +0.067% | $2.3M | $2.9M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0424 | +0.594% | $169K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0420 | +0.560% | $453K | $7.2M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0365 | +0.029% | $238K | $450K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0383 | +0.203% | $118K | $760K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0388 | +0.251% | $2K | $1.9M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0378 | +0.154% | $7K | $2.3M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0374 | +0.116% | $649K | $18.7M | 75x | as long as short |
| Phemex SUIUSDTshort | +0.0100% | 8h | 1.0375 | +0.125% | $11.6M | $25.0M | 50x | |
| Extended SUI-USD | +0.0104% | 1h | 1.0357 | −0.049% | $1.4M | $3.8M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0379 | +0.160% | $39K | $16K | 3x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0200% | 1h | 1.0379 | +0.164% | $996K | $14.2M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0371 | +0.087% | $8.0M | $24.3M | 100x | as long as short |
| Phoenix SUI | +0.0299% | 1h | 1.0440 | +0.754% | $207K | $590K | 10x | as long as short |
| Hyperliquid SUI | +0.0402% | 1h | 1.0381 | +0.183% | $75.5M | $80.4M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0640% / S −0.0317% | 1h | 1.0375 | +0.121% | $890K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.0923% | 1h | 1.0400 | +0.368% | $92K | $367K | 10x | as long as short |
Lighter SUI
Lighter RH SUI
Popdex SUIUSDT
Orderly PERP_SUI_USDC
Paradex SUI-USD-PERP
Nado SUI-PERP
Aster SUIUSDT
Pacifica SUI
Binance 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
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Extended SUI-USD
Aevo SUI-PERP
Coinbase International SUI-PERP-INTX
BloFin SUI-USDT
Phoenix SUI
Hyperliquid SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD