Funding you earn now, next payment 06:00 UTC+0.0810%/8h= +88.7% APRnext payment +$1.01 per $10,000 · paid last 24h +0.187%
Price spread now: Phoenix against Reya+0.129%121s7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$24 a day on $10k at the current rate, and Phoenix is 0.129% dearer against Reya than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 121 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 | Reya SUIRUSDPERP | 1.0143 | −0.0380 | get 0.0047% / 1h | 26m 57s | $4K | $3K | 20x |
| Short | Phoenix SUI | 1.0156 | 0.0431 | get 0.0054% / 1h | 26m 57s | $201K | $413K | 10x |
Reya SUIRUSDPERP
Phoenix SUIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Reya. 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
- $170.14
- Price spread: +0.129% → 0.000%
- $12.91
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $170.05
- Costs to cover
- 0.130%
- Break-even
- 0.0 days
Slippage unknown: Reya: no order-book sample; Phoenix: live order book, 15 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 Reya no order-book sample | — | — | — | — | — |
| Sell Phoenix live order book, 15 min ago | 0.99 bp | 12.4 bp −$12 | 43.0 bp −$430 | doesn't fit | doesn't fit |
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 | −0.3536% | 1h | 1.0009 | −1.321% | $41K | $113K | 12x | as long as short |
| Reya SUIRUSDPERPlong | −0.0380% | 1h | 1.0143 | long leg | $4K | $3K | 20x | |
| Hibachi SUI/USDT-P | −0.0216% | 1h | 1.0143 | −0.004% | $5K | $21K | 7x | as long as short |
| Bluefin SUI-PERP | −0.0073% | 1h | 1.0155 | +0.118% | $582K | $424K | 25x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0164 | +0.210% | $95K | $258K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0167 | +0.234% | $373K | $4.9M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0170 | +0.266% | $196K | $563K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0143 | 0.000% | $114K | — | 150x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0173 | +0.294% | $788K | $5.3M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0177 | +0.333% | $297K | $2.2M | 10x | as long as short |
Injective SUI/USDC PERP
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 | 1.0171 | +0.276% | $37K | $521K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0170 | +0.266% | $47K | $215K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0163 | +0.199% | $27K | $8K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0168 | +0.246% | $536K | $2.1M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0171 | +0.277% | $898K | $4.3M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0165 | +0.214% | $217K | $260K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0173 | +0.296% | $145.6M | $1.01B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0168 | +0.245% | $98.9M | $315.1M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0174 | +0.306% | $41.2M | $378.3M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0170 | +0.266% | $43K | $328K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0119 | −0.235% | $238K | $2K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0170 | +0.266% | $166.9M | $83.4M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0178 | +0.345% | $152.0M | $291.9M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0175 | +0.315% | $50.0M | $52.9M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0172 | +0.286% | $67.0M | $172.7M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0170 | +0.266% | — | $87.2M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0171 | +0.276% | $668K | $1.3M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0133 | −0.101% | $2.4M | $3.5M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0155 | +0.118% | $163K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0135 | −0.079% | $439K | $7.4M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0165 | +0.217% | $223K | $379K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0176 | +0.325% | $126K | $673K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0185 | +0.414% | $2K | $1.6M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0170 | +0.266% | $6K | $1.8M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0169 | +0.256% | $621K | $18.5M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0167 | +0.237% | $11.7M | $28.2M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0173 | +0.291% | $1.4M | $4.0M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0173 | +0.297% | $39K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0192% | 1h | 1.0165 | +0.217% | $9K | $2K | 10x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0166 | +0.227% | $7.5M | $24.5M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0280% | 1h | 1.0182 | +0.384% | $1.0M | $14.7M | 50x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0365% | 1h | 1.0173 | +0.298% | $6.8M | $22.5M | 50x | as long as short |
| Phoenix SUIshort | +0.0431% | 1h | 1.0156 | +0.129% | $201K | $413K | 10x | |
| Hyperliquid SUI | +0.0451% | 1h | 1.0181 | +0.374% | $73.2M | $81.7M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0601% / S −0.0263% | 1h | 1.0166 | +0.230% | $935K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1378% | 1h | 1.0146 | +0.030% | $82K | $410K | 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
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
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Kraken Futures PF_SUIUSD
Hyperliquid SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD