Funding you earn now, next payment 20:00 UTC−0.0170%/8h= −18.6% APRnext payment −$0.21 per $10,000 · paid last 24h −0.018%
Price spread now: ApeX Omni against Phoenix−0.150%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$540.535% of the position
Funding, last 7 days+0.029%+$3 on $10k
+Price spread, last 3 days (all we have)−0.068%−$7 · spread now −0.150%, 7d avg −0.015%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and ApeX Omni is 0.136% cheaper against Phoenix than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.015%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix SUI | 1.0309 | 0.0270 | pay 0.0034% / 1h | 31m 43s | $186K | $581K | 10x |
| Short | ApeX Omni SUIUSDT | 1.0293 | 0.0100 | get 0.0013% / 1h | 31m 43s | $247K | $435K | 50x |
Phoenix SUI
ApeX Omni SUIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Phoenix. 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
- −$35.7
- Price spread: −0.150% → −0.015%
- −$13.58
- Slippage, 4 orders
- −$36.52
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$102.8
- Costs to cover
- 0.535%
- Break-even
- never at this rate
Slippage from Phoenix: live order book, 16 min ago; ApeX Omni: live order book, 16 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 Phoenix live order book, 16 min ago | 0.97 bp | 12.3 bp −$12 | 50.7 bp −$507 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 16 min ago | 6.82 bp | 14.8 bp −$15 | 49.6 bp −$496 | 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 | −0.3656% | 1h | 1.0187 | −1.179% | $42K | $42K | 12x | as long as short |
| Hibachi SUI/USDT-P | −0.0504% | 1h | 1.0263 | −0.438% | $6K | $19K | 7x | as long as short |
| Reya SUIRUSDPERP | −0.0365% | 1h | 1.0270 | −0.375% | $4K | $3K | 20x | as long as short |
| Kraken Futures PF_SUIUSD | −0.0154% | 1h | 1.0278 | −0.294% | $6.9M | $24.0M | 50x | as long as short |
| Bluefin SUI-PERP | −0.0034% | 1h | 1.0263 | −0.441% | $588K | $413K | 25x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0266 | −0.415% | $94K | $88K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0285 | −0.228% | $462K | $5.6M | 2.5x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0276 | −0.318% | $119K | — | 150x | as long as short |
| 01 Exchange SUIUSD | +0.0040% | 1h | 1.0276 | −0.315% | $8K | $8K | 10x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0264 | −0.428% | $775K | $5.9M | 10x | as long as short |
Injective SUI/USDC PERP
Hibachi SUI/USDT-P
Reya SUIRUSDPERP
Kraken Futures PF_SUIUSD
Bluefin SUI-PERP
dYdX SUI-USD
Kalshi KXSUIPERP
gTrade (Gains Network) SUI/USD
01 Exchange SUIUSD
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 | 1.0267 | −0.403% | $247K | $2.0M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0273 | −0.344% | $33K | $507K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0097% | 8h | 1.0273 | −0.344% | $45K | $387K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0262 | −0.455% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0273 | −0.344% | $600K | $1.4M | 10x | as long as short |
| Hyperliquid SUI | +0.0100% | 1h | 1.0278 | −0.296% | $73.4M | $83.3M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0267 | −0.398% | $1.0M | $4.6M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0266 | −0.415% | $223K | $263K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0262 | −0.455% | $152.3M | $1.04B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0265 | −0.422% | $105.4M | $308.8M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0259 | −0.480% | $41.4M | $389.3M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0280 | −0.276% | $148K | $300K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0271 | −0.364% | $165.8M | $81.4M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0262 | −0.451% | $148.3M | $295.1M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0268 | −0.393% | $52.3M | $50.5M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0266 | −0.412% | $67.5M | $172.1M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0271 | −0.364% | — | $80.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0269 | −0.383% | $646K | $1.2M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0297 | −0.115% | $2.3M | $2.8M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0298 | −0.102% | $166K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0289 | −0.189% | $443K | $7.1M | 10x | as long as short |
| ApeX Omni SUIUSDTshort | +0.0100% | 1h | 1.0293 | −0.150% | $247K | $435K | 50x | |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0279 | −0.286% | $107K | $817K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0283 | −0.247% | $2K | $1.9M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0273 | −0.344% | $7K | $2.5M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0275 | −0.325% | $629K | $19.2M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0275 | −0.325% | $11.5M | $23.9M | 50x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0277 | −0.306% | $242K | $2K | 10x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0260 | −0.468% | $1.5M | $3.7M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0282 | −0.254% | $49K | $38K | 3x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0216% | 1h | 1.0286 | −0.218% | $991K | $14.4M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0290 | −0.179% | $8.2M | $24.1M | 100x | as long as short |
| Phoenix SUIlong | +0.0270% | 1h | 1.0309 | long leg | $186K | $581K | 10x | |
| GMX SUI/USD [ETH-USDC] | L +0.0630% / S −0.0300% | 1h | 1.0273 | −0.343% | $881K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.0906% | 1h | 1.0286 | −0.221% | $93K | $398K | 10x | as long as short |
| Deribit SUI_USDC-PERPETUAL | +0.1307% | 1h | 1.0293 | −0.150% | $198K | $516K | 25x | as long as short |
Lighter RH SUI
Popdex SUIUSDT
Orderly PERP_SUI_USDC
Paradex SUI-USD-PERP
Nado SUI-PERP
Hyperliquid SUI
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
Polymarket Perps SUI-USD
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
Bulk SUI-USD
Extended SUI-USD
Aevo SUI-PERP
Coinbase International SUI-PERP-INTX
BloFin SUI-USDT
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD
Deribit SUI_USDC-PERPETUAL