Funding you earn now, next payment 01:00 UTC−0.0502%/8h= −55.0% APRnext payment −$0.63 per $10,000 · paid last 24h +0.004%
Price spread now: SoDEX against Deribit−0.095%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$360.362% of the position
Funding, last 3 days (all we have)−0.010%−$1 on $10k
+Price spread, last 3 days (all we have)+0.050%+$5 · spread now −0.095%, 7d avg −0.040%
=Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and SoDEX is 0.055% cheaper against Deribit than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.040%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.010% in total (about -1.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.63 per $10,000. 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 | Deribit SUI_USDC-PERPETUAL | 1.0570 | 0.0602 | pay 0.0075% / 1h | 1m 09s | $205K | $580K | 25x |
| Short | SoDEX SUI-USD | 1.0560 | 0.0100 | get 0.0013% / 1h | 1m 09s | $6K | $2.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Deribit. 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
- −$105.42
- Price spread: −0.095% → −0.040%
- −$5.49
- Slippage, 4 orders
- −$21.22
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$147.14
- Costs to cover
- 0.362%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 8 min ago; SoDEX: 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 Deribit live order book, 8 min ago | 3.25 bp | 11.3 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 3 min ago | 0.47 bp | 9.0 bp −$9 | 18.4 bp −$184 | 108.5 bp −$10.8K | 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 | −0.3416% | 1h | 1.0515 | −0.520% | $43K | $123K | 12x | as long as short |
| Hibachi SUI/USDT-P | −0.0504% | 1h | 1.0605 | +0.336% | $6K | $18K | 7x | as long as short |
| Bluefin SUI-PERP | −0.0451% | 1h | 1.0544 | −0.246% | $605K | $416K | 25x | as long as short |
| Reya SUIRUSDPERP | −0.0371% | 1h | 1.0572 | +0.022% | $4K | $3K | 20x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0576 | +0.057% | $96K | $171K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0579 | +0.087% | $582K | $4.9M | 2.5x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0561 | −0.080% | $113K | — | 150x | as long as short |
| Phemex SUIUSDT | +0.0005% | 8h | 1.0566 | −0.038% | $11.8M | $25.3M | 50x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0038% | 1h | 1.0559 | −0.102% | $7.1M | $24.5M | 50x | as long as short |
| 01 Exchange SUIUSD | +0.0040% | 1h | 1.0580 | +0.095% | $9K | $9K | 10x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SUI | +0.0096% | 1h | 1.0561 | −0.086% | $823K | $5.9M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0564 | −0.060% | $283K | $2.1M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0577 | +0.066% | $34K | $478K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0099% | 8h | 1.0562 | −0.076% | $48K | $309K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0625 | +0.523% | $28K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0571 | +0.009% | $697K | $1.5M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0550 | −0.191% | $1.0M | $4.8M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0580 | +0.092% | $231K | $259K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0553 | −0.164% | $154.6M | $1.04B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0548 | −0.208% | $104.5M | $309.5M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0541 | −0.274% | $41.7M | $395.4M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0580 | +0.095% | $47K | $368K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0760 | +1.801% | $253K | $3K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0560 | −0.095% | $171.9M | $84.6M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0559 | −0.104% | $152.9M | $304.5M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0556 | −0.132% | $51.2M | $53.3M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0551 | −0.180% | $68.8M | $169.9M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0555 | −0.142% | — | $82.2M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0556 | −0.132% | $658K | $1.1M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0558 | −0.117% | $2.4M | $3.2M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0642 | +0.681% | $173K | $4.7M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0702 | +1.246% | $464K | $7.5M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0625 | +0.520% | $236K | $491K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0583 | +0.123% | $123K | $744K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0565 | −0.047% | $2K | $1.8M | 30x | as long as short |
| SoDEX SUI-USDshort | +0.0100% | 1h | 1.0560 | −0.095% | $6K | $2.2M | 10x | |
| HTX SUI-USDT | +0.0100% | 8h | 1.0563 | −0.066% | $661K | $19.4M | 75x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0554 | −0.154% | $1.5M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0562 | −0.080% | $40K | $16K | 3x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0200% | 1h | 1.0572 | +0.019% | $1.0M | $14.8M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0565 | −0.047% | $8.3M | $25.6M | 100x | as long as short |
| Phoenix SUI | +0.0299% | 1h | 1.0600 | +0.284% | $210K | $590K | 10x | as long as short |
| Hyperliquid SUI | +0.0417% | 1h | 1.0568 | −0.019% | $76.5M | $80.1M | 10x | as long as short |
| Deribit SUI_USDC-PERPETUALlong | +0.0602% | 1h | 1.0570 | long leg | $205K | $580K | 25x | |
| GMX SUI/USD [ETH-USDC] | L +0.0622% / S −0.0315% | 1h | 1.0560 | −0.093% | $904K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.0887% | 1h | 1.0678 | +1.024% | $79K | $379K | 10x | as long as short |
Deribit SUI_USDC-PERPETUAL
SoDEX SUI-USD
Injective SUI/USDC PERP
Bluefin SUI-PERP
Kalshi KXSUIPERP
gTrade (Gains Network) SUI/USD
Phemex SUIUSDT
Kraken Futures PF_SUIUSD
01 Exchange SUIUSD
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
SunX SUI-USDT
HTX SUI-USDT
Extended SUI-USD
Coinbase International SUI-PERP-INTX
BloFin SUI-USDT
Phoenix SUI
Hyperliquid SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD