Funding you earn now, next payment 03:00 UTC+0.0348%/8h= +38.1% APRpaid last 24h +0.179%
Price spread now: Phemex against Hibachi+0.147%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Phemex is 0.147% dearer against Hibachi than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hibachi SUI/USDT-P | 1.0415 | −0.0248 | get 0.0031% / 1h | 52m 01s | $6K | $19K | 7x |
| Short | Phemex SUIUSDT | 1.0430 | 0.0100 | get 0.0100% / 8h | 5h 52m | $11.6M | $26.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Hibachi. 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
- $73.08
- Price spread: +0.147% → 0.000%
- $14.7
- Slippage, 4 orders
- no order book: not counted
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- $66.78
- Costs to cover
- 0.210%
- Break-even
- 0.6 days
Slippage unknown: Hibachi: no order-book sample; Phemex: live order book, 2 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 Hibachi no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 2 min ago | 0.96 bp | 14.2 bp −$14 | 22.5 bp −$225 | doesn't fit | doesn't fit |
Hibachi: 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 45 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 | 1.0252 | −1.562% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0373% | 1h | 1.0435 | +0.199% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-Plong | −0.0248% | 1h | 1.0415 | long leg | $6K | $19K | 7x | |
| dYdX SUI-USD | 0.0000% | 1h | 1.0438 | +0.225% | $95K | $168K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0441 | +0.256% | $512K | $4.8M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0435 | +0.195% | $203K | $576K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0433 | +0.171% | $114K | — | 150x | as long as short |
| Bluefin SUI-PERP | +0.0036% | 1h | 1.0421 | +0.061% | $596K | $411K | 25x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0440 | +0.239% | $831K | $5.6M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0442 | +0.263% | $281K | $2.1M | 10x | as long as short |
Show all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex SUIUSDT | +0.0096% | 1h | 1.0437 | +0.214% | $31K | $499K | 50x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0441 | +0.249% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0439 | +0.238% | $721K | $1.9M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0435 | +0.195% | $915K | $4.7M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0439 | +0.234% | $228K | $266K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0431 | +0.161% | $152.5M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0430 | +0.150% | $103.3M | $308.6M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0433 | +0.176% | $41.2M | $386.3M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0430 | +0.147% | $44K | $373K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0402 | −0.120% | $245K | $4K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0438 | +0.224% | $165.4M | $82.3M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0434 | +0.185% | $151.4M | $290.5M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0437 | +0.214% | $50.9M | $53.7M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0430 | +0.147% | $68.0M | $168.6M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0434 | +0.185% | — | $82.1M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0432 | +0.166% | $710K | $1.3M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0468 | +0.510% | $2.4M | $3.2M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0410 | −0.045% | $170K | $4.6M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0410 | −0.045% | $455K | $7.5M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0355 | −0.573% | $236K | $470K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0447 | +0.310% | $122K | $726K | 10x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0429 | +0.137% | $48K | $240K | 20x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0450 | +0.339% | $2K | $1.8M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0438 | +0.224% | $6K | $2.1M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0432 | +0.166% | $591K | $19.8M | 75x | as long as short |
| Phemex SUIUSDTshort | +0.0100% | 8h | 1.0430 | +0.147% | $11.6M | $26.0M | 50x | |
| Extended SUI-USD | +0.0104% | 1h | 1.0434 | +0.188% | $1.5M | $4.0M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0439 | +0.233% | $40K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0128% | 1h | 1.0439 | +0.233% | $9K | $3K | 10x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0176% | 1h | 1.0447 | +0.310% | $970K | $14.7M | 50x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0288% | 1h | 1.0444 | +0.282% | $6.8M | $26.9M | 50x | as long as short |
| Phoenix SUI | +0.0362% | 1h | 1.0431 | +0.152% | $207K | $561K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0619% / S −0.0272% | 1h | 1.0439 | +0.235% | $972K | — | 100x | as long as short |
| Hyperliquid SUI | +0.0672% | 1h | 1.0447 | +0.310% | $75.6M | $80.1M | 10x | as long as short |
| Aftermath Perps SUIUSD | +0.1208% | 1h | 1.0417 | +0.027% | $83K | $383K | 10x | as long as short |
Phemex SUIUSDT
Injective SUI/USDC PERP
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Bluefin SUI-PERP
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
SoDEX SUI-USD
HTX SUI-USDT
Extended SUI-USD
01 Exchange SUIUSD
Coinbase International SUI-PERP-INTX
Kraken Futures PF_SUIUSD
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Hyperliquid SUI
Aftermath Perps SUIUSD