Funding you earn now, next payment 06:00 UTC−0.0331%/8h= −36.2% APRpaid last 24h −0.049%
Price spread now: Paradex against Phoenix−0.343%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Paradex is 0.343% cheaper against Phoenix than usual: you would sell low and buy high (−$34 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix SUI | 1.0221 | 0.0431 | pay 0.0054% / 1h | 15m 19s | $202K | $413K | 10x |
| Short | Paradex SUI-USD-PERP | 1.0186 | 0.0100 | get 0.0100% / 8h | 1h 15m | $27K | $8K | 30x |
Phoenix SUI
Paradex SUI-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$69.42
- Price spread: −0.343% → 0.000%
- −$34.35
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$114.77
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 27 min ago; Paradex: no order-book sample. 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 Phoenix live order book, 27 min ago | 0.99 bp | 12.4 bp −$12 | 50.7 bp −$507 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 1.0080 | −1.381% | $41K | $113K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0380% | 1h | 1.0182 | −0.380% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0256% | 1h | 1.0187 | −0.336% | $5K | $20K | 7x | as long as short |
| Bluefin SUI-PERP | −0.0100% | 1h | 1.0174 | −0.462% | $583K | $423K | 25x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0183 | −0.374% | $95K | $257K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0185 | −0.358% | $376K | $4.4M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0190 | −0.305% | $196K | $559K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0194 | −0.262% | $115K | — | 150x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0194 | −0.269% | $783K | $5.3M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0193 | −0.275% | $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
gTrade (Gains Network) SUI/USD
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 | 1.0189 | −0.315% | $39K | $522K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0187 | −0.335% | $47K | $219K | 20x | as long as short |
| Paradex SUI-USD-PERPshort | +0.0100% | 8h | 1.0186 | −0.343% | $27K | $8K | 30x | |
| Nado SUI-PERP | +0.0100% | 1h | 1.0188 | −0.330% | $691K | $2.2M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0190 | −0.310% | $900K | $4.3M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0190 | −0.303% | $218K | $258K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0188 | −0.325% | $146.4M | $1.01B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0184 | −0.364% | $98.8M | $314.3M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0189 | −0.315% | $41.1M | $375.1M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0190 | −0.305% | $43K | $328K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0191 | −0.300% | $240K | $1K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0184 | −0.364% | $167.4M | $83.7M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0189 | −0.315% | $153.9M | $292.8M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0189 | −0.315% | $50.1M | $52.6M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0184 | −0.364% | $67.2M | $171.6M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0184 | −0.364% | — | $86.8M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0187 | −0.335% | $673K | $1.3M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0184 | −0.367% | $2.4M | $3.5M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0199 | −0.213% | $164K | $4.6M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0204 | −0.164% | $441K | $7.1M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0203 | −0.178% | $224K | $378K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0193 | −0.276% | $127K | $603K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0206 | −0.149% | $3K | $1.6M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0191 | −0.295% | $5K | $1.8M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0188 | −0.325% | $648K | $18.5M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0192 | −0.286% | $11.8M | $28.3M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0182 | −0.388% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0191 | −0.292% | $39K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0200% | 1h | 1.0192 | −0.286% | $9K | $2K | 10x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0198 | −0.227% | $7.5M | $24.6M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0280% | 1h | 1.0212 | −0.090% | $1.0M | $14.7M | 50x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0364% | 1h | 1.0192 | −0.290% | $6.8M | $22.2M | 50x | as long as short |
| Phoenix SUIlong | +0.0431% | 1h | 1.0221 | long leg | $202K | $413K | 10x | |
| Hyperliquid SUI | +0.0440% | 1h | 1.0199 | −0.217% | $73.5M | $81.4M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0601% / S −0.0263% | 1h | 1.0182 | −0.384% | $936K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1363% | 1h | 1.0195 | −0.251% | $82K | $410K | 10x | as long as short |
Popdex SUIUSDT
Orderly PERP_SUI_USDC
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-USDT
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
Phemex SUIUSDT
Extended SUI-USD
Aevo SUI-PERP
01 Exchange SUIUSD
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Kraken Futures PF_SUIUSD
Hyperliquid SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD