Funding you earn now, next payment 02:00 UTC+0.0262%/8h= +28.7% APRpaid last 24h +0.036%
Price spread now: Phoenix against Variational Omni−0.087%54s7-day average +0.063% · 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)+0.061%+$6 on $10k
+Price spread, last 4 days (all we have)+0.279%+$28 · spread now −0.087%, 7d avg +0.063%
=Together, before fees+0.340%+ Points / potential airdropVariational Omni: Active · farm board+$34 on $10k · with fees, hour by hour
Funding pays, the price is against you. Phoenix is 0.151% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.087% now, against its 7-day average of +0.063%). If the spread goes back, that is −$15 on $10k: about 46 hours of funding at the current rate (+$8 a day). At the pace of the last 3 days (+0.061% in total) that is about 8.5 days. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.061% in total (about 6.5% 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 | Variational Omni SUI | 1.0568 | 0.0100 | pay 0.0100% / 8h | 5h 10m | $2.4M | $3.3M | — |
| Short | Phoenix SUI | 1.0559 | 0.0362 | get 0.0045% / 1h | 10m 31s | $214K | $561K | 10x |
Variational Omni SUI
Phoenix SUIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Variational Omni. 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
- $55.03
- Price spread: −0.087% → +0.063%
- −$15.07
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $32.96
- Costs to cover
- 0.070%
- Break-even
- 2.8 days
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Phoenix: live order book, 52 min ago. 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 Variational Omni RFQ quote, 4 min ago | 3.22 bp | doesn't fit | 11.0 bp −$110 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 52 min ago | 0.96 bp | 12.4 bp −$12 | 43.0 bp −$430 | 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 | −0.3542% | 1h | 1.0527 | −0.392% | $43K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0374% | 1h | 1.0555 | −0.132% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0256% | 1h | 1.0583 | +0.141% | $6K | $19K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0582 | +0.127% | $133K | $227K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0539 | −0.278% | $533K | $4.9M | 2.5x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0590 | +0.207% | $115K | — | 150x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0589 | +0.193% | $848K | $5.6M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0592 | +0.220% | $288K | $2.1M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0586 | +0.166% | $38K | $510K | 50x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0586 | +0.166% | $28K | $9K | 30x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
dYdX SUI-USD
Kalshi KXSUIPERP
gTrade (Gains Network) SUI/USD
Lighter SUI
Lighter RH SUI
Popdex SUIUSDT
Paradex SUI-USD-PERPShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado SUI-PERP | +0.0100% | 1h | 1.0561 | −0.066% | $727K | $1.9M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0591 | +0.211% | $923K | $4.6M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0586 | +0.166% | $232K | $259K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0587 | +0.178% | $155.0M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0586 | +0.165% | $104.4M | $309.2M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0584 | +0.147% | $42.0M | $393.6M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0580 | +0.109% | $45K | $373K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0562 | −0.060% | $248K | $6K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0584 | +0.147% | $170.1M | $83.7M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0583 | +0.138% | $153.7M | $296.0M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0582 | +0.128% | $51.0M | $54.0M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0555 | −0.127% | $69.1M | $169.8M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0583 | +0.138% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0605 | +0.346% | $710K | $1.3M | 20x | as long as short |
| Variational Omni SUIlong | +0.0100% | 8h | 1.0568 | long leg | $2.4M | $3.3M | — | |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0581 | +0.121% | $173K | $4.6M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0553 | −0.146% | $461K | $7.5M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0592 | +0.223% | $238K | $485K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0593 | +0.232% | $115K | $749K | 10x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0589 | +0.195% | $49K | $233K | 20x | as long as short |
| Bluefin SUI-PERP | +0.0100% | 1h | 1.0579 | +0.100% | $605K | $403K | 25x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0583 | +0.138% | $2K | $1.8M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0599 | +0.289% | $15K | $2.1M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0600 | +0.299% | $606K | $19.6M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0597 | +0.270% | $12.2M | $26.7M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0580 | +0.112% | $1.5M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0599 | +0.289% | $40K | $11K | 3x | as long as short |
| Deribit SUI_USDC-PERPETUAL | +0.0128% | 1h | 1.0598 | +0.280% | $206K | $575K | 25x | as long as short |
| 01 Exchange SUIUSD | +0.0176% | 1h | 1.0588 | +0.185% | $9K | $3K | 10x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0176% | 1h | 1.0604 | +0.336% | $1.0M | $15.1M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0592 | +0.223% | $8.1M | $25.3M | 100x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0283% | 1h | 1.0603 | +0.324% | $7.0M | $27.0M | 50x | as long as short |
| Phoenix SUIshort | +0.0362% | 1h | 1.0559 | −0.087% | $214K | $561K | 10x | |
| GMX SUI/USD [ETH-USDC] | L +0.0620% / S −0.0268% | 1h | 1.0585 | +0.161% | $976K | — | 100x | as long as short |
| Hyperliquid SUI | +0.0669% | 1h | 1.0597 | +0.270% | $77.1M | $81.9M | 10x | as long as short |
| Aftermath Perps SUIUSD | +0.1441% | 1h | 1.0600 | +0.300% | $85K | $391K | 10x | as long as short |
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
edgeX SUIUSDC
GRVT SUI_USDT_Perp
ApeX Omni SUIUSDT
Polymarket Perps SUI-USD
Orderly PERP_SUI_USDC
Bluefin SUI-PERP
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
Extended SUI-USD
Aevo SUI-PERP
Deribit SUI_USDC-PERPETUAL
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