Funding you earn now, next payment 00:00 UTC+0.0296%/8h= +32.4% APRnext payment +$0.37 per $10,000 · paid last 24h +0.059%
Price spread now: Phoenix against gTrade (Gains Network)+0.494%63s7-day average +0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$3033.025% of the position
Funding, last 3 days (all we have)+0.139%+$14 on $10k
+Price spread, last 3 days (all we have)−0.492%−$49 · spread now +0.494%, 7d avg +0.076%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Phoenix is 0.419% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$42 more if the spread goes back to its 7-day average of +0.076%. The two prices were read 63 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 | gTrade (Gains Network) SUI/USD | 1.0417 | L +0.0003% / S −0.0002% | pay 0.0000% / 1h | 51m 31s | $120K | — | 150x |
| Short | Phoenix SUI | 1.0469 | 0.0299 | get 0.0037% / 1h | 51m 31s | $208K | $590K | 10x |
gTrade (Gains Network) SUI/USD
Phoenix SUIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against gTrade (Gains Network). 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
- $62.18
- Price spread: +0.494% → +0.076%
- $41.88
- Slippage, 4 orders
- −$285.53
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$198.48
- Costs to cover
- 3.025%
- Break-even
- 29.3 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 22 min ago; Phoenix: live order book, 21 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 gTrade (Gains Network) virtual book (oracle venue), 22 min ago | 130.07 bp | 142.9 bp −$143 | 977.3 bp −$9,773 | 10438.7 bp −$1.04M | doesn't fit |
| Sell Phoenix live order book, 21 min ago | 0.96 bp | 12.3 bp −$12 | 42.9 bp −$429 | 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 | −0.3416% | 1h | 1.0260 | −1.508% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0370% | 1h | 1.0417 | −0.006% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0368% | 1h | 1.0424 | +0.068% | $6K | $19K | 7x | as long as short |
| Bluefin SUI-PERP | −0.0264% | 1h | 1.0389 | −0.270% | $596K | $407K | 25x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0372 | −0.433% | $95K | $176K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0402 | −0.146% | $473K | $5.2M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0374 | −0.414% | $201K | $585K | 25x | as long as short |
| ApeX Omni SUIUSDT | +0.0001% | 1h | 1.0431 | +0.133% | $239K | $462K | 50x | as long as short |
| gTrade (Gains Network) SUI/USDlong | L +0.0003% / S −0.0002% | 1h | 1.0417 | long leg | $120K | — | 150x | |
| Kraken Futures PF_SUIUSD | +0.0039% | 1h | 1.0370 | −0.457% | $7.2M | $24.4M | 50x | 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
ApeX Omni SUIUSDT
Kraken Futures PF_SUIUSDShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUIUSD | +0.0048% | 1h | 1.0370 | −0.452% | $9K | $9K | 10x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0378 | −0.372% | $799K | $5.8M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0380 | −0.359% | $267K | $2.0M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0369 | −0.462% | $32K | $504K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0377 | −0.385% | $46K | $326K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0366 | −0.494% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0370 | −0.452% | $655K | $1.4M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0376 | −0.395% | $998K | $4.8M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0376 | −0.396% | $226K | $259K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0370 | −0.452% | $154.4M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0368 | −0.471% | $104.0M | $309.2M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0365 | −0.500% | $41.7M | $388.9M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0370 | −0.452% | $46K | $387K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0387 | −0.290% | $244K | $2K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0366 | −0.491% | $168.1M | $79.9M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0373 | −0.423% | $150.9M | $289.9M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0364 | −0.510% | $50.7M | $53.2M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0359 | −0.558% | $68.3M | $168.4M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0364 | −0.510% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0369 | −0.462% | $674K | $1.1M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0476 | +0.566% | $2.3M | $2.9M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0424 | +0.062% | $169K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0420 | +0.028% | $453K | $7.2M | 10x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0423 | +0.057% | $119K | $760K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0428 | +0.105% | $2K | $1.9M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0371 | −0.443% | $6K | $2.4M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0374 | −0.414% | $642K | $18.6M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0377 | −0.385% | $11.6M | $25.0M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0362 | −0.526% | $1.4M | $3.8M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0357 | −0.572% | $39K | $16K | 3x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0200% | 1h | 1.0397 | −0.193% | $1.0M | $14.1M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0420 | +0.028% | $8.0M | $24.4M | 100x | as long as short |
| Phoenix SUIshort | +0.0299% | 1h | 1.0469 | +0.494% | $208K | $590K | 10x | |
| Hyperliquid SUI | +0.0423% | 1h | 1.0383 | −0.327% | $75.4M | $80.2M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0641% / S −0.0317% | 1h | 1.0417 | +0.003% | $893K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.0922% | 1h | 1.0428 | +0.100% | $95K | $381K | 10x | as long as short |
01 Exchange SUIUSD
Lighter SUI
Lighter RH SUI
Popdex SUIUSDT
Orderly PERP_SUI_USDC
Paradex SUI-USD-PERP
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
Variational Omni SUI
edgeX SUIUSDC
GRVT SUI_USDT_Perp
Polymarket Perps SUI-USD
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
Extended SUI-USD
Aevo SUI-PERP
Coinbase International SUI-PERP-INTX
BloFin SUI-USDT
Hyperliquid SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD