Funding you earn now, next payment 02:00 UTC−0.0736%/8h= −80.6% APRnext payment −$0.92 per $10,000 · paid last 24h −0.172%
Price spread now: Reya against Phoenix−0.110%59s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 −$22 a day on $10k at the current rate, and Reya is 0.110% cheaper against Phoenix than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix SUI | 1.0537 | 0.0362 | pay 0.0045% / 1h | 27m 59s | $214K | $561K | 10x |
| Short | Reya SUIRUSDPERP | 1.0526 | −0.0374 | pay 0.0047% / 1h | 27m 59s | $4K | $3K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- −$154.51
- Price spread: −0.110% → 0.000%
- −$10.98
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$178.49
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 35 min ago; Reya: 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, 35 min ago | 0.96 bp | 12.4 bp −$12 | 50.7 bp −$507 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 | −0.3542% | 1h | 1.0488 | −0.470% | $43K | $123K | 12x | as long as short |
| Reya SUIRUSDPERPshort | −0.0374% | 1h | 1.0526 | −0.110% | $4K | $3K | 20x | |
| Hibachi SUI/USDT-P | −0.0216% | 1h | 1.0545 | +0.074% | $6K | $19K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0530 | −0.072% | $96K | $168K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0533 | −0.042% | $540K | $4.9M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0518 | −0.185% | $204K | $575K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0528 | −0.089% | $115K | — | 150x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0521 | −0.155% | $838K | $5.6M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0524 | −0.129% | $285K | $2.1M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0525 | −0.119% | $35K | $501K | 50x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0530 | −0.073% | $28K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0522 | −0.142% | $723K | $1.9M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0522 | −0.144% | $927K | $4.6M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0528 | −0.086% | $230K | $259K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0516 | −0.208% | $153.8M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0507 | −0.289% | $103.5M | $308.5M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0540 | +0.024% | $41.4M | $390.0M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0520 | −0.166% | $45K | $373K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0420 | −1.120% | $245K | $4K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0525 | −0.119% | $168.6M | $83.1M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0535 | −0.024% | $152.9M | $293.6M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0516 | −0.204% | $51.9M | $53.5M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0531 | −0.062% | $69.0M | $169.0M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0529 | −0.081% | — | $82.1M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0527 | −0.100% | $697K | $1.3M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0530 | −0.068% | $2.4M | $3.2M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0466 | −0.676% | $170K | $4.6M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0557 | +0.187% | $463K | $7.5M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0545 | +0.071% | $239K | $469K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0535 | −0.024% | $124K | $717K | 10x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0517 | −0.195% | $48K | $236K | 20x | as long as short |
| Bluefin SUI-PERP | +0.0100% | 1h | 1.0501 | −0.346% | $601K | $407K | 25x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0543 | +0.052% | $2K | $1.8M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0518 | −0.185% | $14K | $2.1M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0525 | −0.119% | $601K | $19.6M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0521 | −0.157% | $11.7M | $26.1M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0537 | −0.001% | $1.5M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0521 | −0.160% | $40K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0152% | 1h | 1.0525 | −0.119% | $9K | $3K | 10x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0176% | 1h | 1.0521 | −0.157% | $992K | $14.9M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0521 | −0.157% | $8.1M | $25.2M | 100x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0286% | 1h | 1.0522 | −0.148% | $6.9M | $26.9M | 50x | as long as short |
| Phoenix SUIlong | +0.0362% | 1h | 1.0537 | long leg | $214K | $561K | 10x | |
| GMX SUI/USD [ETH-USDC] | L +0.0623% / S −0.0272% | 1h | 1.0529 | −0.083% | $980K | — | 100x | as long as short |
| Hyperliquid SUI | +0.0685% | 1h | 1.0545 | +0.066% | $76.9M | $80.9M | 10x | as long as short |
| Aftermath Perps SUIUSD | +0.1326% | 1h | 1.0508 | −0.276% | $84K | $388K | 10x | as long as short |
Phoenix SUI
Injective SUI/USDC PERP
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Lighter SUI
Lighter RH SUI
Popdex SUIUSDT
Paradex SUI-USD-PERP
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-USDT
Backpack SUI_USDC_PERP
Variational Omni SUI
edgeX SUIUSDC
GRVT SUI_USDT_Perp
ApeX Omni SUIUSDT
Polymarket Perps SUI-USD
Bluefin SUI-PERP
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
Extended SUI-USD
01 Exchange SUIUSD
Coinbase International SUI-PERP-INTX
BloFin SUI-USDT
Kraken Futures PF_SUIUSD
GMX SUI/USD [ETH-USDC]
Hyperliquid SUI
Aftermath Perps SUIUSD