Funding you earn now, next payment 02:00 UTC+0.4599%/8h= +503.5% APRpaid last 24h +0.727%
Price spread now: Phemex against Injective+1.182%65s7-day average +0.267% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+2.129%+$213 on $10k
+Price spread, last 3 days (all we have)−1.026%−$103 · spread now +1.182%, 7d avg +0.267%
=Both sides work for this trade now. Funding pays +$138 a day on $10k at the current rate, and Phemex is 0.915% dearer against Injective than usual: you sell high and buy low: +$92 more if the spread goes back to its 7-day average of +0.267%. The two prices were read 65 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 | Injective SUI/USDC PERP | 1.0236 | −0.4499 | get 0.0562% / 1h | 19m 37s | $42K | $123K | 12x |
| Short | Phemex SUIUSDT | 1.0357 | 0.0100 | get 0.0100% / 8h | 6h 19m | $11.6M | $25.8M | 50x |
Injective SUI/USDC PERP
Phemex SUIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Injective. 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
- $965.7
- Price spread: +1.182% → +0.267%
- $91.54
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- $1,045.22
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: live order book, 49 min ago; Phemex: live order book, 4 min ago. Net counts fees only.
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 Injective live order book, 49 min ago | 103.28 bp | 2012558.1 bp −$2.01M | 20176266.0 bp −$201.76M | 201460832.0 bp −$20146.08M | 1006281152.0 bp −$503140.58M |
| Sell Phemex live order book, 4 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 PERPlong | −0.4499% | 1h | 1.0236 | long leg | $42K | $123K | 12x | |
| Hibachi SUI/USDT-P | −0.0384% | 1h | 1.0379 | +1.395% | $6K | $19K | 7x | as long as short |
| Reya SUIRUSDPERP | −0.0372% | 1h | 1.0346 | +1.078% | $4K | $3K | 20x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0368 | +1.289% | $94K | $171K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0361 | +1.226% | $508K | $5.1M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0347 | +1.084% | $201K | $578K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0345 | +1.065% | $113K | — | 150x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0012% | 1h | 1.0350 | +1.111% | $6.8M | $27.0M | 50x | as long as short |
| Bluefin SUI-PERP | +0.0077% | 1h | 1.0334 | +0.957% | $591K | $416K | 25x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0380 | +1.407% | $820K | $5.7M | 10x | as long as short |
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 | +1.400% | $277K | $2.1M | 10x | as long as short |
| 01 Exchange SUIUSD | +0.0096% | 1h | 1.0375 | +1.358% | $9K | $3K | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0373 | +1.338% | $31K | $493K | 50x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0370 | +1.309% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0353 | +1.138% | $748K | $1.9M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0374 | +1.349% | $911K | $5.0M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0373 | +1.336% | $226K | $269K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0374 | +1.345% | $151.7M | $1.05B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0375 | +1.356% | $102.9M | $312.8M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0371 | +1.319% | $40.9M | $391.4M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0370 | +1.309% | $44K | $373K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0400 | +1.603% | $245K | $3K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0373 | +1.338% | $164.1M | $84.3M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0371 | +1.319% | $150.2M | $299.9M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0374 | +1.348% | $51.7M | $53.7M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0369 | +1.299% | $67.4M | $171.6M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0373 | +1.338% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0368 | +1.290% | $692K | $1.2M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0378 | +1.383% | $2.4M | $3.2M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0373 | +1.335% | $169K | $4.7M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0394 | +1.544% | $449K | $7.5M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0381 | +1.417% | $237K | $501K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0360 | +1.211% | $119K | $723K | 10x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0345 | +1.065% | $47K | $250K | 20x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0354 | +1.153% | $2K | $1.8M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0345 | +1.065% | $6K | $2.2M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0351 | +1.123% | $644K | $19.8M | 75x | as long as short |
| Phemex SUIUSDTshort | +0.0100% | 8h | 1.0357 | +1.182% | $11.6M | $25.8M | 50x | |
| Extended SUI-USD | +0.0104% | 1h | 1.0369 | +1.302% | $1.5M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0346 | +1.075% | $39K | $16K | 3x | as long as short |
| Hyperliquid SUI | +0.0150% | 1h | 1.0387 | +1.475% | $74.4M | $80.5M | 10x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0152% | 1h | 1.0356 | +1.172% | $991K | $14.6M | 50x | as long as short |
| Phoenix SUI | +0.0221% | 1h | 1.0410 | +1.701% | $206K | $595K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0613% / S −0.0271% | 1h | 1.0344 | +1.054% | $961K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1052% | 1h | 1.0377 | +1.379% | $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
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-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