Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.024%
Price spread now: dYdX against Phemex−0.242%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$330as in the Funding arb table
Net, price: spread back to 7d avg − costs−$342as in the Price arb table
costs, in and out, $10k−$3213.206% of the position
Funding, last 7 days−0.099%−$10 on $10k
+Price spread, last 4 days (all we have)+0.149%+$15 · spread now −0.242%, 7d avg −0.027%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.214% cheaper against Phemex than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.027%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SUIUSDT | 1.0277 | 0.0100 | pay 0.0100% / 8h | 3h 18m | $11.8M | $27.3M | 50x |
| Short | dYdX SUI-USD | 1.0252 | 0 | get 0.0000% / 1h | 18m 22s | $129K | $227K | 10x |
Phemex SUIUSDT
dYdX SUI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Phemex. 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
- −$21
- Price spread: −0.242% → −0.027%
- −$21.44
- Slippage, 4 orders
- −$298.57
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$363.01
- Costs to cover
- 3.206%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 6 min ago; dYdX: live order book, 56 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 Phemex live order book, 6 min ago | 7.32 bp | 15.6 bp −$16 | 30.9 bp −$309 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 56 min ago | 30.82 bp | 177.3 bp −$177 | 366.9 bp −$3,669 | 832.1 bp −$83.2K | 978.0 bp −$489.0K |
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 | −0.3470% | 1h | 1.0147 | −1.265% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0377% | 1h | 1.0265 | −0.113% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0176% | 1h | 1.0246 | −0.301% | $6K | $19K | 7x | as long as short |
| Kraken Futures PF_SUIUSD | −0.0067% | 1h | 1.0280 | +0.028% | $6.7M | $26.7M | 50x | as long as short |
| dYdX SUI-USDshort | 0.0000% | 1h | 1.0252 | −0.242% | $129K | $227K | 10x | |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0250 | −0.261% | $475K | $5.1M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0276 | −0.010% | $200K | $572K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0269 | −0.074% | $115K | — | 150x | as long as short |
| Bluefin SUI-PERP | +0.0039% | 1h | 1.0259 | −0.175% | $589K | $406K | 25x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0275 | −0.020% | $775K | $5.5M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
Kraken Futures PF_SUIUSD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Bluefin SUI-PERP
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 | 1.0282 | +0.052% | $306K | $2.2M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0258 | −0.185% | $46K | $517K | 50x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0255 | −0.215% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0260 | −0.165% | $581K | $2.1M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0267 | −0.093% | $886K | $4.5M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0255 | −0.211% | $222K | $256K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0269 | −0.075% | $146.3M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0272 | −0.052% | $101.1M | $308.9M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0275 | −0.019% | $40.1M | $386.7M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0260 | −0.165% | $43K | $330K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0270 | −0.068% | $167.7M | $82.7M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0271 | −0.058% | $153.1M | $295.6M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0265 | −0.117% | $50.6M | $54.2M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0271 | −0.058% | $67.3M | $173.9M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0270 | −0.068% | — | $82.2M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0248 | −0.282% | $638K | $1.3M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0261 | −0.159% | $2.4M | $3.4M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0251 | −0.252% | $166K | $4.6M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0257 | −0.195% | $443K | $7.6M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0262 | −0.146% | $224K | $433K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0276 | −0.010% | $123K | $723K | 10x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0271 | −0.058% | $47K | $176K | 20x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0293 | +0.156% | $2K | $1.7M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0274 | −0.029% | $14K | $2.0M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0275 | −0.019% | $590K | $19.5M | 75x | as long as short |
| Phemex SUIUSDTlong | +0.0100% | 8h | 1.0277 | long leg | $11.8M | $27.3M | 50x | |
| Bulk SUI-USD | +0.0100% | 1h | 1.0239 | −0.370% | $241K | $4K | 10x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0273 | −0.042% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0276 | −0.011% | $39K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0152% | 1h | 1.0262 | −0.146% | $9K | $3K | 10x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0250 | −0.263% | $7.7M | $24.7M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0248% | 1h | 1.0258 | −0.185% | $995K | $15.1M | 50x | as long as short |
| Hyperliquid SUI | +0.0367% | 1h | 1.0276 | −0.010% | $74.2M | $81.1M | 10x | as long as short |
| Phoenix SUI | +0.0408% | 1h | 1.0237 | −0.391% | $215K | $415K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0600% / S −0.0260% | 1h | 1.0270 | −0.071% | $937K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1509% | 1h | 1.0270 | −0.073% | $82K | $405K | 10x | as long as short |
Lighter RH SUI
Popdex SUIUSDT
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-USDT
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
Bulk SUI-USD
Extended SUI-USD
Aevo SUI-PERP
01 Exchange SUIUSD
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Hyperliquid SUI
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD