Funding you earn now, next payment 05:00 UTC−0.0794%/8h= −87.0% APRnext payment −$0.99 per $10,000 · paid last 24h −0.183%
Price spread now: Reya against Phoenix−0.164%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and Reya is 0.164% cheaper against Phoenix than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix SUI | 1.0224 | 0.0416 | pay 0.0052% / 1h | 7m 04s | $202K | $422K | 10x |
| Short | Reya SUIRUSDPERP | 1.0207 | −0.0379 | pay 0.0047% / 1h | 7m 04s | $4K | $3K | 20x |
Phoenix SUI
Reya SUIRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against Phoenix. 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
- −$166.82
- Price spread: −0.164% → 0.000%
- −$16.39
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$196.21
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 40 min ago; Reya: no order-book sample. 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 Phoenix live order book, 40 min ago | 0.98 bp | 12.3 bp −$12 | 50.8 bp −$508 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 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 | −0.3309% | 1h | 1.0018 | −2.012% | $41K | $123K | 12x | as long as short |
| Reya SUIRUSDPERPshort | −0.0379% | 1h | 1.0207 | −0.164% | $4K | $3K | 20x | |
| Hibachi SUI/USDT-P | −0.0192% | 1h | 1.0216 | −0.074% | $5K | $19K | 7x | as long as short |
| Bluefin SUI-PERP | −0.0003% | 1h | 1.0203 | −0.202% | $585K | $431K | 25x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0205 | −0.181% | $96K | $294K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0216 | −0.074% | $378K | $5.1M | 2.5x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0212 | −0.112% | $115K | — | 150x | as long as short |
| Deribit SUI_USDC-PERPETUAL | +0.0044% | 1h | 1.0220 | −0.036% | $199K | $562K | 25x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0220 | −0.035% | $795K | $5.5M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0220 | −0.038% | $298K | $2.2M | 10x | as long as short |
Injective SUI/USDC PERP
Hibachi SUI/USDT-P
Bluefin SUI-PERP
dYdX SUI-USD
Kalshi KXSUIPERP
gTrade (Gains Network) SUI/USD
Deribit SUI_USDC-PERPETUAL
Lighter SUI
Lighter RH SUIShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex SUIUSDT | +0.0096% | 1h | 1.0211 | −0.124% | $33K | $548K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0217 | −0.066% | $47K | $216K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0205 | −0.185% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0211 | −0.124% | $544K | $2.1M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0213 | −0.101% | $903K | $4.3M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0210 | −0.131% | $220K | $257K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0210 | −0.139% | $146.8M | $1.05B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0203 | −0.201% | $100.2M | $321.1M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0205 | −0.183% | $41.1M | $391.9M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0210 | −0.134% | $43K | $329K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0179 | −0.437% | $239K | $2K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0212 | −0.114% | $168.6M | $86.0M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0215 | −0.085% | $152.0M | $295.2M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0216 | −0.075% | $49.7M | $53.6M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0211 | −0.124% | $67.3M | $178.2M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0215 | −0.085% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0214 | −0.095% | $668K | $1.4M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0180 | −0.430% | $2.4M | $3.5M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0183 | −0.401% | $165K | $4.6M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0190 | −0.328% | $443K | $7.6M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0191 | −0.320% | $224K | $437K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0219 | −0.046% | $134K | $648K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0223 | −0.007% | $2K | $1.7M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0217 | −0.066% | $6K | $1.9M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0216 | −0.075% | $623K | $19.4M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0213 | −0.105% | $11.7M | $28.0M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0212 | −0.114% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0224 | −0.002% | $39K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0144% | 1h | 1.0217 | −0.066% | $9K | $3K | 10x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0172% | 1h | 1.0220 | −0.036% | $6.8M | $25.0M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0217 | −0.066% | $7.5M | $24.9M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0248% | 1h | 1.0220 | −0.036% | $1.0M | $15.1M | 50x | as long as short |
| Hyperliquid SUI | +0.0390% | 1h | 1.0221 | −0.026% | $73.5M | $82.7M | 10x | as long as short |
| Phoenix SUIlong | +0.0416% | 1h | 1.0224 | long leg | $202K | $422K | 10x | |
| GMX SUI/USD [ETH-USDC] | L +0.0602% / S −0.0263% | 1h | 1.0212 | −0.115% | $939K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1411% | 1h | 1.0186 | −0.373% | $82K | $408K | 10x | as long as short |
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
ApeX Omni SUIUSDT
Polymarket Perps SUI-USD
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
Extended SUI-USD
Aevo SUI-PERP
01 Exchange SUIUSD
Kraken Futures PF_SUIUSD
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Hyperliquid SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD