SUI

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.3763%/8h= +412.0% APRnext payment +$4.70 per $10,000 · paid last 24h +0.766%

Price spread now: Phoenix against Injective+1.298%7-day average +0.335% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+2.199%+$220 on $10k

Price spread, last 3 days (all we have)−1.120%−$112 · spread now +1.298%, 7d avg +0.335%

Together, before fees+1.079%+$108 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$113 a day on $10k at the current rate, and Phoenix is 0.963% dearer against Injective than usual: you sell high and buy low: +$96 more if the spread goes back to its 7-day average of +0.335%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective SUI/USDC PERP	1.0252	−0.3542	get 0.0443% / 1h	56m 35s	$42K	$123K	12x
Short	Phoenix SUI	1.0385	0.0221	get 0.0028% / 1h	56m 35s	$206K	$561K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee PhoenixbpOrdersPrice spread, now +1.298%Rate

Funding earned: $790.15
Price spread: +1.298% → +0.335%: $96.34
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $879.47
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: Injective: live order book, 7 min ago; Phoenix: live order book, 6 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 Injective live order book, 7 min ago	92.30 bp	2077046.9 bp −$2.08M	20819988.0 bp −$208.20M	207886432.0 bp −$20788.64M	1038377600.0 bp −$519188.80M
Sell Phoenix live order book, 6 min ago	0.96 bp	12.4 bp −$12	43.0 bp −$430	doesn't fit	doesn't fit

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 PERPlong	−0.3542%	1h	1.0252	long leg	$42K	$123K	12x
Reya SUIRUSDPERP	−0.0373%	1h	1.0358	+1.034%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0264%	1h	1.0366	+1.109%	$6K	$19K	7x	as long as short
Bluefin SUI-PERP	−0.0024%	1h	1.0355	+1.005%	$593K	$412K	25x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0458	+2.012%	$95K	$168K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0370	+1.150%	$509K	$4.8M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0370	+1.151%	$201K	$576K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0368	+1.129%	$113K	—	150x	as long as short
Lighter SUI	+0.0096%	1h	1.0450	+1.934%	$832K	$5.6M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0443	+1.866%	$279K	$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	1.0357	+1.024%	$31K	$498K	50x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0471	+2.134%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0356	+1.014%	$715K	$1.9M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0415	+1.594%	$914K	$4.8M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0455	+1.976%	$228K	$266K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0463	+2.058%	$153.0M	$1.03B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0469	+2.112%	$103.6M	$308.5M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0472	+2.146%	$41.2M	$387.7M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0470	+2.126%	$44K	$373K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0351	+0.966%	$243K	$4K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0464	+2.068%	$165.6M	$82.3M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0470	+2.126%	$151.8M	$289.7M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0467	+2.097%	$51.0M	$53.7M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0470	+2.126%	$68.1M	$168.5M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0472	+2.146%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0393	+1.375%	$710K	$1.2M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0383	+1.275%	$2.4M	$3.2M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0383	+1.273%	$169K	$4.7M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0370	+1.151%	$453K	$7.5M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0361	+1.063%	$236K	$470K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0371	+1.161%	$121K	$729K	10x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0367	+1.122%	$47K	$241K	20x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0367	+1.122%	$2K	$1.8M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0369	+1.141%	$6K	$2.1M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0377	+1.219%	$591K	$19.8M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0374	+1.190%	$11.6M	$25.9M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0472	+2.146%	$1.5M	$4.0M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0373	+1.176%	$39K	$11K	3x	as long as short
01 Exchange SUIUSD	+0.0112%	1h	1.0477	+2.195%	$9K	$3K	10x	as long as short
Coinbase International SUI-PERP-INTX	+0.0176%	1h	1.0357	+1.024%	$969K	$14.5M	50x	as long as short
Phoenix SUIshort	+0.0221%	1h	1.0385	+1.298%	$206K	$561K	10x
Kraken Futures PF_SUIUSD	+0.0290%	1h	1.0371	+1.158%	$6.8M	$26.9M	50x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0616% / S −0.0272%	1h	1.0368	+1.133%	$964K	—	100x	as long as short
Hyperliquid SUI	+0.0813%	1h	1.0451	+1.941%	$75.4M	$80.3M	10x	as long as short
Aftermath Perps SUIUSD	+0.1164%	1h	1.0385	+1.299%	$82K	$383K	10x	as long as short