Funding you earn now, next payment 07:00 UTC−0.0293%/8h= −32.1% APRpaid last 24h −0.053%
Price spread now: edgeX against Phoenix+0.055%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−$22as in the Price arb table
costs, in and out, $10k−$380.376% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 4 days (all we have)−0.426%−$43 · spread now +0.055%, 7d avg −0.104%
=Together, before fees−0.439%+ Points / potential airdropedgeX: Active · farm board−$44 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.159% dearer against Phoenix than usual: you sell high and buy low (spread +0.055% now, against its 7-day average of −0.104%): +$16 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 43 hours. At the pace of the last 7 days (−0.013% in total) that is about 3 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.013% in total (about -0.7% 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 | Phoenix SUI | 1.0145 | 0.0393 | pay 0.0049% / 1h | 37m 06s | $201K | $400K | 10x |
| Short | edgeX SUIUSDC | 1.0151 | 0.0100 | get 0.0050% / 4h | 37m 06s | $163K | $4.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$61.49
- Price spread: +0.055% → −0.104%
- $15.91
- Slippage, 4 orders
- −$21.65
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$83.22
- Costs to cover
- 0.376%
- Break-even
- never at this rate
Slippage from Phoenix: live order book, 65 min ago; edgeX: live order book, 2 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, 65 min ago | 0.99 bp | 12.4 bp −$12 | 50.7 bp −$507 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 2 min ago | 1.97 bp | 6.5 bp −$6 | 10.0 bp −$100 | 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 | −0.2780% | 1h | 1.0059 | −0.848% | $41K | $113K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0381% | 1h | 1.0117 | −0.272% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0328% | 1h | 1.0137 | −0.078% | $5K | $20K | 7x | as long as short |
| Bluefin SUI-PERP | −0.0238% | 1h | 1.0099 | −0.453% | $579K | $430K | 25x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0122 | −0.226% | $95K | $257K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0126 | −0.183% | $389K | $4.3M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0115 | −0.296% | $194K | $558K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0114 | −0.303% | $114K | — | 150x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0116 | −0.286% | $758K | $5.1M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0118 | −0.261% | $295K | $2.2M | 10x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex SUIUSDT | +0.0096% | 1h | 1.0119 | −0.256% | $39K | $525K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0115 | −0.296% | $46K | $245K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0128 | −0.172% | $26K | $8K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0117 | −0.276% | $677K | $2.2M | 10x | as long as short |
| Hyperliquid SUI | +0.0100% | 1h | 1.0123 | −0.219% | $72.9M | $78.1M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0127 | −0.179% | $894K | $4.2M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0128 | −0.165% | $215K | $255K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0127 | −0.179% | $146.1M | $996.4M | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0123 | −0.217% | $98.0M | $311.5M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0128 | −0.168% | $40.8M | $367.8M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0130 | −0.148% | $43K | $326K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0138 | −0.067% | $238K | $454 | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0123 | −0.217% | $166.2M | $81.8M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0111 | −0.335% | $153.3M | $283.2M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0113 | −0.315% | $49.8M | $52.1M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0123 | −0.217% | $66.9M | $169.0M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0127 | −0.177% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0123 | −0.217% | $671K | $1.4M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0180 | +0.340% | $2.4M | $3.4M | — | as long as short |
| edgeX SUIUSDCshort | +0.0100% | 4h | 1.0151 | +0.055% | $163K | $4.3M | 20x | |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0149 | +0.039% | $442K | $7.1M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0187 | +0.414% | $223K | $365K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0128 | −0.168% | $122K | $540K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0137 | −0.079% | $3K | $1.6M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0115 | −0.296% | $6K | $1.7M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0113 | −0.315% | $631K | $18.4M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0122 | −0.227% | $11.7M | $28.2M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0109 | −0.352% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0118 | −0.263% | $38K | $11K | 3x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0119% | 1h | 1.0113 | −0.312% | $6.8M | $21.8M | 50x | as long as short |
| 01 Exchange SUIUSD | +0.0144% | 1h | 1.0116 | −0.286% | $8K | $3K | 10x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0116 | −0.286% | $7.5M | $24.3M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0328% | 1h | 1.0128 | −0.168% | $1.0M | $14.3M | 50x | as long as short |
| Phoenix SUIlong | +0.0393% | 1h | 1.0145 | long leg | $201K | $400K | 10x | |
| GMX SUI/USD [ETH-USDC] | L +0.0600% / S −0.0263% | 1h | 1.0115 | −0.297% | $930K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1300% | 1h | 1.0164 | +0.185% | $82K | $409K | 10x | as long as short |
Phoenix SUI
edgeX SUIUSDC
Injective SUI/USDC PERP
Bluefin SUI-PERP
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Lighter SUI
Lighter RH SUI
Popdex SUIUSDT
Paradex SUI-USD-PERP
Hyperliquid SUI
Aster SUIUSDT
Pacifica SUI
Binance SUIUSDT
Bybit SUIUSDT
OKX SUI-USDT-SWAP
Bulk SUI-USD
Gate SUI_USDT
MEXC SUI_USDT
KuCoin SUIUSDTM
Bitget SUIUSDT
BingX SUI-USDC
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
Phemex SUIUSDT
Extended SUI-USD
Kraken Futures PF_SUIUSD
01 Exchange SUIUSD
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD