Funding you earn now, next payment 07:00 UTC−0.0097%/8h= −10.7% APRpaid last 24h −0.023%
Price spread now: gTrade (Gains Network) against Phemex−0.072%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$300as in the Price arb table
costs, in and out, $10k−$2952.949% of the position
Funding, last 3 days (all we have)−0.091%−$9 on $10k
+Price spread, last 4 days (all we have)+0.023%+$2 · spread now −0.072%, 7d avg −0.020%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.052% cheaper against Phemex than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.020%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SUIUSDT | 1.0207 | 0.0100 | pay 0.0100% / 8h | 1h 25m | $11.7M | $28.2M | 50x |
| Short | gTrade (Gains Network) SUI/USD | 1.0200 | L +0.0003% / S −0.0003% | get 0.0000% / 1h | 25m 57s | $115K | — | 150x |
Phemex SUIUSDT
gTrade (Gains Network) SUI/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$20.46
- Price spread: −0.072% → −0.020%
- −$5.25
- Slippage, 4 orders
- −$272.92
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$320.63
- Costs to cover
- 2.949%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 3 min ago; gTrade (Gains Network): virtual book (oracle venue), 18 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, 3 min ago | 0.99 bp | 8.8 bp −$9 | 25.0 bp −$250 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 18 min ago | 130.04 bp | 135.0 bp −$135 | 814.5 bp −$8,145 | 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 | −0.3536% | 1h | 1.0009 | −1.940% | $41K | $113K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0380% | 1h | 1.0200 | −0.064% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0216% | 1h | 1.0143 | −0.631% | $5K | $21K | 7x | as long as short |
| Bluefin SUI-PERP | −0.0073% | 1h | 1.0187 | −0.196% | $584K | $424K | 25x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0196 | −0.105% | $96K | $258K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0192 | −0.147% | $373K | $4.9M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0204 | −0.029% | $196K | $563K | 25x | as long as short |
| gTrade (Gains Network) SUI/USDshort | L +0.0003% / S −0.0003% | 1h | 1.0200 | −0.072% | $115K | — | 150x | |
| Lighter SUI | +0.0096% | 1h | 1.0210 | +0.033% | $791K | $5.3M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0214 | +0.065% | $299K | $2.2M | 10x | 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
Lighter SUI
Lighter RH SUIShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex SUIUSDT | +0.0096% | 1h | 1.0198 | −0.088% | $37K | $521K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0201 | −0.059% | $47K | $217K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0189 | −0.173% | $27K | $8K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0193 | −0.137% | $538K | $2.1M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0198 | −0.092% | $900K | $4.3M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0187 | −0.196% | $218K | $260K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0198 | −0.092% | $146.0M | $1.01B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0186 | −0.204% | $98.7M | $315.3M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0187 | −0.196% | $41.2M | $378.5M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0200 | −0.069% | $43K | $328K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0119 | −0.861% | $238K | $2K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0195 | −0.118% | $167.6M | $83.4M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0200 | −0.069% | $153.0M | $292.1M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0206 | −0.010% | $50.2M | $52.9M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0196 | −0.108% | $67.1M | $172.6M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0195 | −0.118% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0212 | +0.049% | $671K | $1.3M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0133 | −0.728% | $2.4M | $3.5M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0155 | −0.510% | $163K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0135 | −0.705% | $439K | $7.4M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0165 | −0.411% | $223K | $379K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0208 | +0.010% | $127K | $673K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0220 | +0.127% | $2K | $1.6M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0206 | −0.010% | $6K | $1.8M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0206 | −0.010% | $624K | $18.5M | 75x | as long as short |
| Phemex SUIUSDTlong | +0.0100% | 8h | 1.0207 | long leg | $11.7M | $28.2M | 50x | |
| Extended SUI-USD | +0.0104% | 1h | 1.0198 | −0.088% | $1.4M | $4.0M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0204 | −0.025% | $39K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0192% | 1h | 1.0201 | −0.059% | $9K | $2K | 10x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0166 | −0.402% | $7.5M | $24.5M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0280% | 1h | 1.0206 | −0.010% | $1.0M | $14.7M | 50x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0363% | 1h | 1.0209 | +0.018% | $6.8M | $22.4M | 50x | as long as short |
| Phoenix SUI | +0.0431% | 1h | 1.0156 | −0.499% | $201K | $413K | 10x | as long as short |
| Hyperliquid SUI | +0.0453% | 1h | 1.0219 | +0.118% | $73.5M | $81.7M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0601% / S −0.0263% | 1h | 1.0166 | −0.398% | $935K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1375% | 1h | 1.0156 | −0.499% | $82K | $410K | 10x | as long as short |
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-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
01 Exchange SUIUSD
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Kraken Futures PF_SUIUSD
Phoenix SUI
Hyperliquid SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD