Funding you earn now, next payment 04:00 UTC+0.0308%/8h= +33.7% APRpaid last 24h +0.043%
Price spread now: Phoenix against Aster+0.661%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs+$19as in the Price arb table
costs, in and out, $10k−$410.405% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.514%−$51 · spread now +0.661%, 7d avg +0.065%
=Together, before fees−0.517%+ Points / potential airdropAster: Stage 5 · farm board−$52 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Phoenix is 0.597% dearer against Aster than usual: you sell high and buy low: +$60 more if the spread goes back to its 7-day average of +0.065%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.003% in total (about -0.2% 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 | Aster SUIUSDT | 1.0311 | 0.0100 | pay 0.0100% / 8h | 3h 49m | $901K | $4.6M | 75x |
| Short | Phoenix SUI | 1.0379 | 0.0408 | get 0.0051% / 1h | 49m 21s | $210K | $415K | 10x |
Aster SUIUSDT
Phoenix SUIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Aster. 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
- $64.71
- Price spread: +0.661% → +0.065%
- $59.69
- Slippage, 4 orders
- −$25.5
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $83.89
- Costs to cover
- 0.405%
- Break-even
- from the start
Slippage from Aster: live order book, 4 min ago; Phoenix: live order book, 3 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 Aster live order book, 4 min ago | 0.48 bp | 9.5 bp −$9 | 34.2 bp −$342 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 3 min ago | 0.96 bp | 12.3 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 | −0.3470% | 1h | 1.0250 | −0.592% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0376% | 1h | 1.0299 | −0.112% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0288% | 1h | 1.0325 | +0.134% | $6K | $19K | 7x | as long as short |
| Kraken Futures PF_SUIUSD | −0.0067% | 1h | 1.0328 | +0.161% | $6.8M | $26.8M | 50x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0315 | +0.041% | $129K | $227K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0342 | +0.304% | $497K | $5.0M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0326 | +0.145% | $201K | $572K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0301 | −0.094% | $115K | — | 150x | as long as short |
| Bluefin SUI-PERP | +0.0011% | 1h | 1.0311 | 0.000% | $590K | $406K | 25x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0316 | +0.047% | $797K | $5.4M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
Kraken Futures PF_SUIUSD
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Bluefin SUI-PERP
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 | 1.0317 | +0.056% | $298K | $2.2M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0311 | 0.000% | $43K | $515K | 50x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0314 | +0.027% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0309 | −0.019% | $583K | $2.1M | 10x | as long as short |
| Aster SUIUSDTlong | +0.0100% | 8h | 1.0311 | long leg | $901K | $4.6M | 75x | |
| Pacifica SUI | +0.0100% | 1h | 1.0315 | +0.039% | $223K | $259K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0303 | −0.078% | $149.1M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0302 | −0.087% | $101.5M | $309.9M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0302 | −0.087% | $40.4M | $386.6M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0310 | −0.010% | $44K | $330K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0369 | +0.562% | $244K | $5K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0302 | −0.087% | $169.6M | $81.0M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0303 | −0.078% | $151.8M | $292.4M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0303 | −0.078% | $49.8M | $53.9M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0297 | −0.136% | $67.2M | $172.6M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0304 | −0.068% | — | $82.1M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0322 | +0.107% | $652K | $1.4M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0352 | +0.395% | $2.5M | $3.4M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0374 | +0.611% | $171K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0396 | +0.821% | $454K | $7.6M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0388 | +0.747% | $228K | $429K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0313 | +0.019% | $123K | $744K | 10x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0303 | −0.078% | $47K | $140K | 20x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0316 | +0.048% | $2K | $1.7M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0325 | +0.136% | $14K | $2.1M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0326 | +0.145% | $578K | $19.6M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0329 | +0.175% | $11.8M | $26.9M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0306 | −0.047% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0329 | +0.175% | $39K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0136% | 1h | 1.0312 | +0.010% | $9K | $3K | 10x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0345 | +0.330% | $7.8M | $24.8M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0248% | 1h | 1.0329 | +0.175% | $1.0M | $15.0M | 50x | as long as short |
| Phoenix SUIshort | +0.0408% | 1h | 1.0379 | +0.661% | $210K | $415K | 10x | |
| Hyperliquid SUI | +0.0413% | 1h | 1.0317 | +0.058% | $74.6M | $81.5M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0610% / S −0.0267% | 1h | 1.0302 | −0.091% | $952K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1510% | 1h | 1.0355 | +0.431% | $83K | $402K | 10x | as long as short |
Lighter RH SUI
Popdex SUIUSDT
Paradex SUI-USD-PERP
Nado SUI-PERP
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
Orderly PERP_SUI_USDC
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
Hyperliquid SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD