Funding you earn now, next payment 01:00 UTC−0.0121%/8h= −13.2% APRpaid last 24h −0.034%
Price spread now: Variational Omni against Phoenix−0.415%7-day average −0.059% · 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)−0.058%−$6 on $10k
+Price spread, last 4 days (all we have)+0.050%+$5 · spread now −0.415%, 7d avg −0.059%
=Together, before fees−0.008%+ Points / potential airdropVariational Omni: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Variational Omni is 0.357% cheaper against Phoenix than usual: you would sell low and buy high (−$36 if the spread goes back to its 7-day average of −0.059%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix SUI | 1.0426 | 0.0221 | pay 0.0028% / 1h | 0m 53s | $207K | $595K | 10x |
| Short | Variational Omni SUI | 1.0383 | 0.0100 | get 0.0100% / 8h | 6h 00m | $2.4M | $3.2M | — |
Phoenix SUI
Variational Omni SUIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$25.37
- Price spread: −0.415% → −0.059%
- −$35.67
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$68.04
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 67 min ago; Variational Omni: RFQ quote, 3 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 Phoenix live order book, 67 min ago | 1.02 bp | 12.3 bp −$12 | 50.6 bp −$506 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 3 min ago | 3.22 bp | doesn't fit | 11.1 bp −$111 | 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 PERP | −0.4499% | 1h | 1.0252 | −1.669% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0373% | 1h | 1.0375 | −0.485% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0280% | 1h | 1.0400 | −0.254% | $6K | $19K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0379 | −0.452% | $95K | $169K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0392 | −0.326% | $521K | $4.9M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0388 | −0.364% | $202K | $577K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0383 | −0.412% | $113K | — | 150x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0012% | 1h | 1.0387 | −0.370% | $6.8M | $26.9M | 50x | as long as short |
| Bluefin SUI-PERP | +0.0057% | 1h | 1.0374 | −0.499% | $594K | $414K | 25x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0389 | −0.358% | $819K | $5.7M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Kraken Futures PF_SUIUSD
Bluefin SUI-PERP
Lighter SUIShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SUI | +0.0096% | 1h | 1.0390 | −0.342% | $277K | $2.1M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0379 | −0.451% | $31K | $499K | 50x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0379 | −0.446% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0381 | −0.432% | $718K | $1.9M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0382 | −0.424% | $911K | $4.8M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0387 | −0.374% | $227K | $268K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0379 | −0.451% | $151.8M | $1.04B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0381 | −0.428% | $103.0M | $309.3M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0380 | −0.441% | $40.9M | $386.1M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0380 | −0.441% | $44K | $373K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0351 | −0.719% | $243K | $4K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0380 | −0.441% | $164.3M | $84.7M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0379 | −0.451% | $150.9M | $301.6M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0381 | −0.432% | $50.5M | $53.8M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0379 | −0.451% | $67.5M | $170.0M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0380 | −0.441% | — | $82.1M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0382 | −0.422% | $710K | $1.2M | 20x | as long as short |
| Variational Omni SUIshort | +0.0100% | 8h | 1.0383 | −0.415% | $2.4M | $3.2M | — | |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0405 | −0.202% | $169K | $4.7M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0385 | −0.392% | $455K | $7.5M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0409 | −0.163% | $237K | $472K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0386 | −0.384% | $120K | $722K | 10x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0382 | −0.422% | $47K | $243K | 20x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0392 | −0.326% | $2K | $1.8M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0386 | −0.384% | $6K | $2.1M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0377 | −0.470% | $597K | $19.9M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0387 | −0.374% | $11.6M | $25.9M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0382 | −0.422% | $1.4M | $4.1M | 50x | as long as short |
| 01 Exchange SUIUSD | +0.0104% | 1h | 1.0379 | −0.451% | $9K | $3K | 10x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0386 | −0.384% | $39K | $16K | 3x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0152% | 1h | 1.0386 | −0.384% | $977K | $14.6M | 50x | as long as short |
| Phoenix SUIlong | +0.0221% | 1h | 1.0426 | long leg | $207K | $595K | 10x | |
| Hyperliquid SUI | +0.0310% | 1h | 1.0394 | −0.307% | $74.9M | $80.2M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0627% / S −0.0278% | 1h | 1.0383 | −0.413% | $980K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1116% | 1h | 1.0394 | −0.303% | $82K | $383K | 10x | as long as short |
Lighter RH SUI
Popdex SUIUSDT
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-USDT
Backpack SUI_USDC_PERP
edgeX SUIUSDC
GRVT SUI_USDT_Perp
ApeX Omni SUIUSDT
Polymarket Perps SUI-USD
Orderly PERP_SUI_USDC
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
Extended SUI-USD
01 Exchange SUIUSD
Aevo SUI-PERP
Coinbase International SUI-PERP-INTX
Hyperliquid SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD