Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.006%
Price spread now: Phemex against Polymarket Perps+0.118%46s7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$450.451% of the position
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 4 days (all we have)−0.133%−$13 · spread now +0.118%, 7d avg −0.035%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.153% dearer against Polymarket Perps than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.035%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps SUI-USD | 1.0175 | 0.0100 | pay 0.0013% / 1h | 54m 33s | $131K | $655K | 10x |
| Short | Phemex SUIUSDT | 1.0187 | 0.0100 | get 0.0100% / 8h | 1h 54m | $11.7M | $28.0M | 50x |
Polymarket Perps SUI-USD
Phemex SUIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Polymarket Perps. 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
- $0
- Price spread: +0.118% → −0.035%
- $15.26
- Slippage, 4 orders
- −$25.13
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$29.87
- Costs to cover
- 0.451%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 53 min ago; Phemex: live order book, 5 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 Polymarket Perps live order book, 53 min ago | 2.44 bp | 6.4 bp −$6 | 7.3 bp −$73 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 5 min ago | 2.44 bp | 12.1 bp −$12 | 22.5 bp −$225 | 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 | −0.3536% | 1h | 1.0119 | −0.550% | $42K | $113K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0379% | 1h | 1.0163 | −0.123% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0184% | 1h | 1.0208 | +0.321% | $5K | $19K | 7x | as long as short |
| Bluefin SUI-PERP | −0.0009% | 1h | 1.0166 | −0.088% | $583K | $430K | 25x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0171 | −0.040% | $95K | $294K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0190 | +0.148% | $376K | $4.9M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0180 | +0.049% | $196K | $564K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0176 | +0.009% | $115K | — | 150x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0170 | −0.046% | $790K | $5.3M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0172 | −0.026% | $297K | $2.2M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
Bluefin SUI-PERP
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
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 | 1.0169 | −0.059% | $33K | $547K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0179 | +0.039% | $47K | $210K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0167 | −0.075% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0169 | −0.054% | $536K | $2.1M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0172 | −0.031% | $898K | $4.3M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0171 | −0.037% | $217K | $264K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0170 | −0.049% | $145.8M | $1.05B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0165 | −0.098% | $99.5M | $320.8M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0166 | −0.088% | $40.9M | $390.0M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0170 | −0.049% | $43K | $329K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0208 | +0.320% | $240K | $2K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0164 | −0.108% | $165.6M | $82.7M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0169 | −0.059% | $152.0M | $290.5M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0170 | −0.049% | $49.6M | $53.5M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0164 | −0.108% | $67.1M | $177.6M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0167 | −0.079% | — | $84.9M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0179 | +0.039% | $670K | $1.4M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0178 | +0.027% | $2.4M | $3.5M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0206 | +0.306% | $164K | $4.6M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0196 | +0.211% | $442K | $7.5M | 10x | as long as short |
| Polymarket Perps SUI-USDlong | +0.0100% | 1h | 1.0175 | long leg | $131K | $655K | 10x | |
| SunX SUI-USDT | +0.0100% | 8h | 1.0188 | +0.128% | $2K | $1.7M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0178 | +0.029% | $6K | $1.9M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0179 | +0.039% | $622K | $19.3M | 75x | as long as short |
| Phemex SUIUSDTshort | +0.0100% | 8h | 1.0187 | +0.118% | $11.7M | $28.0M | 50x | |
| Extended SUI-USD | +0.0104% | 1h | 1.0164 | −0.105% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0183 | +0.076% | $39K | $11K | 3x | as long as short |
| ApeX Omni SUIUSDT | +0.0136% | 1h | 1.0215 | +0.393% | $224K | $417K | 50x | as long as short |
| 01 Exchange SUIUSD | +0.0200% | 1h | 1.0175 | 0.000% | $9K | $2K | 10x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0180 | +0.049% | $7.6M | $24.8M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0280% | 1h | 1.0189 | +0.138% | $1.0M | $15.0M | 50x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0364% | 1h | 1.0181 | +0.063% | $6.8M | $25.0M | 50x | as long as short |
| Phoenix SUI | +0.0416% | 1h | 1.0229 | +0.531% | $203K | $413K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0603% / S −0.0264% | 1h | 1.0175 | −0.002% | $938K | — | 100x | as long as short |
| Hyperliquid SUI | +0.0685% | 1h | 1.0187 | +0.118% | $74.3M | $82.3M | 10x | as long as short |
| Aftermath Perps SUIUSD | +0.1417% | 1h | 1.0203 | +0.279% | $83K | $409K | 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-USDT
Backpack SUI_USDC_PERP
Variational Omni SUI
edgeX SUIUSDC
GRVT SUI_USDT_Perp
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Extended SUI-USD
Aevo SUI-PERP
ApeX Omni SUIUSDT
01 Exchange SUIUSD
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Kraken Futures PF_SUIUSD
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Hyperliquid SUI
Aftermath Perps SUIUSD