Funding you earn now, next payment 00:00 UTC+0.0199%/8h= +21.8% APRpaid last 24h +0.030%
Price spread now: Phoenix against edgeX+0.858%7-day average +0.104% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs+$38as in the Price arb table
costs, in and out, $10k−$370.374% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 3 days (all we have)−0.722%−$72 · spread now +0.858%, 7d avg +0.104%
=Together, before fees−0.740%+ Points / potential airdropedgeX: Active · farm board−$74 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Phoenix is 0.754% dearer against edgeX than usual: you sell high and buy low: +$75 more if the spread goes back to its 7-day average of +0.104%.
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 | edgeX SUIUSDC | 1.0556 | 0.0100 | pay 0.0050% / 4h | 3h 25m | $172K | $4.5M | 20x |
| Short | Phoenix SUI | 1.0647 | 0.0299 | get 0.0037% / 1h | 25m 32s | $211K | $590K | 10x |
edgeX SUIUSDC
Phoenix SUIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against edgeX. 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: +0.858% → +0.104%
- $75.4
- Slippage, 4 orders
- −$21.39
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $79.77
- Costs to cover
- 0.374%
- Break-even
- from the start
Slippage from edgeX: live order book, 3 min ago; Phoenix: live order book, 47 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 edgeX live order book, 3 min ago | 1.89 bp | 6.4 bp −$6 | 12.2 bp −$122 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 47 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 | −2.140% | $42K | $123K | 12x | as long as short |
| Bluefin SUI-PERP | −0.0571% | 1h | 1.0624 | +0.645% | $610K | $408K | 25x | as long as short |
| Hibachi SUI/USDT-P | −0.0448% | 1h | 1.0629 | +0.695% | $6K | $18K | 7x | as long as short |
| Reya SUIRUSDPERP | −0.0371% | 1h | 1.0648 | +0.877% | $4K | $3K | 20x | as long as short |
| Phemex SUIUSDT | −0.0351% | 8h | 1.0640 | +0.797% | $11.9M | $25.1M | 50x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0648 | +0.871% | $98K | $169K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0596 | +0.385% | $488K | $4.9M | 2.5x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0002% | 1h | 1.0633 | +0.729% | $123K | — | 150x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0038% | 1h | 1.0646 | +0.853% | $7.4M | $23.9M | 50x | as long as short |
| 01 Exchange SUIUSD | +0.0072% | 1h | 1.0648 | +0.873% | $9K | $9K | 10x | as long as short |
Injective SUI/USDC PERP
Bluefin SUI-PERP
Hibachi SUI/USDT-P
Reya SUIRUSDPERP
Phemex SUIUSDT
dYdX SUI-USD
Kalshi KXSUIPERP
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 | 1.0651 | +0.901% | $821K | $5.8M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0653 | +0.916% | $282K | $2.0M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0642 | +0.816% | $30K | $480K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0634 | +0.740% | $48K | $312K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0639 | +0.787% | $28K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0642 | +0.821% | $676K | $1.4M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0642 | +0.818% | $1.0M | $4.8M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0642 | +0.819% | $231K | $253K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0641 | +0.809% | $158.2M | $1.02B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0647 | +0.863% | $106.6M | $304.7M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0644 | +0.835% | $42.7M | $392.8M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0640 | +0.797% | $47K | $387K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0564 | +0.079% | $248K | $1K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0638 | +0.778% | $171.5M | $81.3M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0650 | +0.892% | $155.9M | $296.0M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0661 | +0.996% | $52.0M | $52.6M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0644 | +0.835% | $70.0M | $166.2M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0637 | +0.768% | — | $81.8M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0641 | +0.806% | $686K | $1.1M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0638 | +0.776% | $2.4M | $2.9M | — | as long as short |
| edgeX SUIUSDClong | +0.0100% | 4h | 1.0556 | long leg | $172K | $4.5M | 20x | |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0569 | +0.123% | $461K | $7.3M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0557 | +0.011% | $235K | $493K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0654 | +0.930% | $121K | $751K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0646 | +0.854% | $2K | $1.9M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0637 | +0.768% | $6K | $2.3M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0636 | +0.759% | $656K | $18.7M | 75x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0636 | +0.756% | $1.5M | $3.9M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0644 | +0.831% | $40K | $16K | 3x | as long as short |
| Deribit SUI_USDC-PERPETUAL | +0.0126% | 1h | 1.0639 | +0.787% | $207K | $582K | 25x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0200% | 1h | 1.0646 | +0.854% | $992K | $14.6M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0547 | −0.084% | $8.1M | $24.7M | 100x | as long as short |
| Phoenix SUIshort | +0.0299% | 1h | 1.0647 | +0.858% | $211K | $590K | 10x | |
| Hyperliquid SUI | +0.0405% | 1h | 1.0664 | +1.024% | $77.3M | $79.8M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0644% / S −0.0324% | 1h | 1.0634 | +0.741% | $923K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.0911% | 1h | 1.0559 | +0.029% | $76K | $380K | 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
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
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
Deribit SUI_USDC-PERPETUAL
Coinbase International SUI-PERP-INTX
BloFin SUI-USDT
Hyperliquid SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD