Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.005%
Price spread now: Phemex against Popdex+0.039%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$390.393% of the position
Funding, last 3 days (all we have)+0.005%$0 on $10k
+Price spread, last 3 days (all we have)−0.053%−$5 · spread now +0.039%, 7d avg +0.010%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.028% dearer against Popdex than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex SUIUSDT | 1.0363 | 0.0096 | pay 0.0012% / 1h | 18m 28s | $31K | $494K | 50x |
| Short | Phemex SUIUSDT | 1.0367 | 0.0100 | get 0.0100% / 8h | 6h 18m | $11.6M | $25.8M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Popdex. 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
- $0.84
- Price spread: +0.039% → +0.010%
- $2.81
- Slippage, 4 orders
- −$20.86
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$35.61
- Costs to cover
- 0.393%
- Break-even
- 303.8 days
Slippage from Popdex: live order book, 50 min ago; Phemex: live order book, 6 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 Popdex live order book, 50 min ago | 2.83 bp | 8.9 bp −$9 | 25.0 bp −$250 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 6 min ago | 3.85 bp | 10.0 bp −$10 | 23.5 bp −$235 | 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 | 1.0236 | −1.226% | $42K | $123K | 12x | as long as short |
| Hibachi SUI/USDT-P | −0.0384% | 1h | 1.0379 | +0.153% | $6K | $19K | 7x | as long as short |
| Reya SUIRUSDPERP | −0.0372% | 1h | 1.0366 | +0.031% | $4K | $3K | 20x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0380 | +0.164% | $95K | $171K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0369 | +0.058% | $507K | $5.1M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0366 | +0.029% | $201K | $578K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0360 | −0.029% | $113K | — | 150x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0012% | 1h | 1.0369 | +0.056% | $6.8M | $27.0M | 50x | as long as short |
| Bluefin SUI-PERP | +0.0075% | 1h | 1.0351 | −0.116% | $592K | $416K | 25x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0393 | +0.290% | $821K | $5.7M | 10x | as long as short |
Show all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SUI | +0.0096% | 1h | 1.0388 | +0.238% | $277K | $2.1M | 10x | as long as short |
| 01 Exchange SUIUSD | +0.0096% | 1h | 1.0361 | −0.019% | $9K | $3K | 10x | as long as short |
| Popdex SUIUSDTlong | +0.0096% | 1h | 1.0363 | long leg | $31K | $494K | 50x | |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0384 | +0.202% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0364 | +0.014% | $749K | $1.9M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0382 | +0.186% | $912K | $5.0M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0390 | +0.258% | $227K | $269K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0366 | +0.024% | $151.6M | $1.05B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0368 | +0.043% | $102.8M | $312.8M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0368 | +0.048% | $41.0M | $391.1M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0360 | −0.029% | $44K | $373K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0400 | +0.357% | $245K | $3K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0384 | +0.203% | $164.3M | $84.3M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0377 | +0.135% | $150.4M | $300.1M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0383 | +0.193% | $51.7M | $53.7M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0364 | +0.010% | $67.4M | $171.6M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0371 | +0.077% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0370 | +0.068% | $692K | $1.2M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0378 | +0.141% | $2.4M | $3.2M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0373 | +0.093% | $169K | $4.7M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0394 | +0.299% | $449K | $7.5M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0374 | +0.106% | $237K | $501K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0378 | +0.145% | $120K | $723K | 10x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0363 | 0.000% | $47K | $250K | 20x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0373 | +0.096% | $2K | $1.8M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0365 | +0.019% | $7K | $2.2M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0366 | +0.029% | $644K | $19.8M | 75x | as long as short |
| Phemex SUIUSDTshort | +0.0100% | 8h | 1.0367 | +0.039% | $11.6M | $25.8M | 50x | |
| Extended SUI-USD | +0.0104% | 1h | 1.0367 | +0.041% | $1.5M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0369 | +0.055% | $39K | $16K | 3x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0152% | 1h | 1.0372 | +0.087% | $995K | $14.6M | 50x | as long as short |
| Hyperliquid SUI | +0.0157% | 1h | 1.0392 | +0.280% | $74.5M | $80.5M | 10x | as long as short |
| Phoenix SUI | +0.0221% | 1h | 1.0410 | +0.455% | $206K | $595K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0614% / S −0.0271% | 1h | 1.0359 | −0.035% | $962K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1060% | 1h | 1.0375 | +0.119% | $79K | $380K | 10x | as long as short |
Popdex SUIUSDT
Phemex SUIUSDT
Injective SUI/USDC PERP
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Kraken Futures PF_SUIUSD
Bluefin SUI-PERP
Lighter SUI
Lighter RH SUI
01 Exchange SUIUSD
Paradex SUI-USD-PERP
Aster SUIUSDT
Pacifica SUI
Binance SUIUSDT
Bybit SUIUSDT
OKX SUI-USDT-SWAP
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
Extended SUI-USD
Coinbase International SUI-PERP-INTX
Hyperliquid SUI
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD