SUI

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0246%/8h= −26.9% APRnext payment −$0.31 per $10,000 · paid last 24h −0.022%

Price spread now: ApeX Omni against Phoenix−0.058%7-day average −0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$440.437% of the position

Long on Phoenix Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.025%+$3 on $10k

Price spread, last 3 days (all we have)−0.066%−$7 · spread now −0.058%, 7d avg −0.016%

Together, before fees−0.041%−$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and ApeX Omni is 0.043% cheaper against Phoenix than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.016%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.025% in total (about 1.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.31 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	Phoenix SUI	1.0261	0.0346	pay 0.0043% / 1h	48m 42s	$185K	$574K	10x
Short	ApeX Omni SUIUSDT	1.0255	0.0100	get 0.0013% / 1h	48m 42s	$232K	$445K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Phoenix. 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 PhoenixbpFee ApeX OmnibpOrdersPrice spread, now −0.058%Rate

Funding earned: −$51.56
Price spread: −0.058% → −0.016%: −$4.28
Slippage, 4 orders: −$26.71
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$99.55
Costs to cover: 0.437%
Break-even: never at this rate

Slippage from Phoenix: live order book, 34 min ago; ApeX Omni: live order book, 34 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 Phoenix live order book, 34 min ago	0.98 bp	12.3 bp −$12	50.5 bp −$505	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 34 min ago	1.96 bp	8.4 bp −$8	37.3 bp −$373	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	−0.2926%	1h	1.0068	−1.881%	$41K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0367%	1h	1.0255	−0.059%	$4K	$3K	20x	as long as short
Bluefin SUI-PERP	−0.0079%	1h	1.0249	−0.117%	$587K	$404K	25x	as long as short
Hibachi SUI/USDT-P	−0.0056%	1h	1.0237	−0.229%	$6K	$18K	7x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0275	+0.137%	$94K	$66K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0278	+0.164%	$458K	$5.5M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0265	+0.039%	$188K	$547K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0002%	1h	1.0260	−0.013%	$119K	—	150x	as long as short
Lighter SUI	+0.0096%	1h	1.0278	+0.166%	$792K	$5.9M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0282	+0.201%	$254K	$2.0M	10x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex SUIUSDT	+0.0096%	1h	1.0251	−0.097%	$37K	$503K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0098%	8h	1.0262	+0.010%	$45K	$375K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0249	−0.113%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0256	−0.049%	$596K	$1.3M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0273	+0.117%	$1.0M	$4.5M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0277	+0.151%	$223K	$262K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0276	+0.143%	$151.9M	$1.03B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0277	+0.152%	$102.8M	$307.0M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0274	+0.127%	$41.0M	$384.4M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0250	−0.107%	$148K	$287K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0236	−0.247%	$241K	$2K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0272	+0.107%	$165.7M	$80.5M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0275	+0.136%	$149.5M	$294.0M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0269	+0.078%	$51.6M	$52.1M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0268	+0.068%	$67.6M	$168.8M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0274	+0.127%	—	$6.6M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0271	+0.097%	$653K	$1.2M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0232	−0.286%	$2.3M	$2.8M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0234	−0.263%	$165K	$4.4M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0234	−0.261%	$440K	$7.0M	10x	as long as short
ApeX Omni SUIUSDTshort	+0.0100%	1h	1.0255	−0.058%	$232K	$445K	50x
Polymarket Perps SUI-USD	+0.0100%	1h	1.0260	−0.010%	$107K	$786K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0268	+0.068%	$2K	$1.9M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0263	+0.019%	$6K	$2.4M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0246	−0.146%	$622K	$18.7M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0258	−0.029%	$11.5M	$24.6M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0269	+0.082%	$1.4M	$3.8M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0263	+0.016%	$48K	$37K	3x	as long as short
01 Exchange SUIUSD	+0.0120%	1h	1.0255	−0.058%	$9K	$9K	10x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0266	+0.049%	$8.0M	$23.9M	100x	as long as short
Coinbase International SUI-PERP-INTX	+0.0248%	1h	1.0239	−0.214%	$979K	$13.8M	50x	as long as short
Kraken Futures PF_SUIUSD	+0.0296%	1h	1.0268	+0.071%	$7.2M	$24.1M	50x	as long as short
Phoenix SUIlong	+0.0346%	1h	1.0261	long leg	$185K	$574K	10x
Hyperliquid SUI	+0.0385%	1h	1.0287	+0.253%	$73.2M	$81.4M	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0637% / S −0.0309%	1h	1.0258	−0.024%	$895K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.0680%	1h	1.0243	−0.178%	$94K	$384K	10x	as long as short