Funding you earn now, next payment 01:00 UTC+0.0121%/8h= +13.2% APRpaid last 24h +0.034%
Price spread now: Phoenix against SunX+0.104%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$210as in the Funding arb table
Net, price: spread back to 7d avg − costs−$195as in the Price arb table
costs, in and out, $10k−$2082.082% of the position
Funding, last 7 days−0.015%−$2 on $10k
+Price spread, last 3 days (all we have)−0.221%−$22 · spread now +0.104%, 7d avg −0.031%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Phoenix is 0.135% dearer against SunX than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX SUI-USDT | 1.0466 | 0.0100 | pay 0.0100% / 8h | 6h 43m | $2K | $1.9M | 30x |
| Short | Phoenix SUI | 1.0477 | 0.0221 | get 0.0028% / 1h | 43m 10s | $208K | $595K | 10x |
SunX SUI-USDT
Phoenix SUIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against SunX. 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: +0.104% → −0.031%
- $13.52
- Slippage, 4 orders
- −$193.15
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$169.27
- Costs to cover
- 2.082%
- Break-even
- 53.7 days
Slippage from SunX: live order book, 13 min ago; Phoenix: live order book, 24 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 SunX live order book, 13 min ago | 64.18 bp | 79.6 bp −$80 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 24 min ago | 1.02 bp | 12.3 bp −$12 | 42.9 bp −$429 | 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 | −0.4499% | 1h | 1.0442 | −0.229% | $43K | $123K | 12x | as long as short |
| Hibachi SUI/USDT-P | −0.0496% | 1h | 1.0431 | −0.330% | $6K | $19K | 7x | as long as short |
| Reya SUIRUSDPERP | −0.0372% | 1h | 1.0435 | −0.296% | $4K | $3K | 20x | as long as short |
| ApeX Omni SUIUSDT | −0.0341% | 1h | 1.0478 | +0.115% | $240K | $505K | 50x | as long as short |
| Bluefin SUI-PERP | −0.0160% | 1h | 1.0421 | −0.430% | $596K | $418K | 25x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0458 | −0.072% | $95K | $171K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0450 | −0.153% | $555K | $5.0M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0436 | −0.287% | $203K | $580K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0441 | −0.236% | $114K | — | 150x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0011% | 1h | 1.0441 | −0.238% | $7.1M | $25.8M | 50x | as long as short |
Injective SUI/USDC PERP
Hibachi SUI/USDT-P
Reya SUIRUSDPERP
ApeX Omni SUIUSDT
Bluefin SUI-PERP
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Kraken Futures PF_SUIUSDShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUIUSD | +0.0072% | 1h | 1.0458 | −0.076% | $9K | $9K | 10x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0439 | −0.257% | $832K | $5.6M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0434 | −0.304% | $275K | $2.1M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0445 | −0.201% | $36K | $481K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0099% | 8h | 1.0435 | −0.296% | $48K | $287K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0497 | +0.297% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0438 | −0.268% | $833K | $1.6M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0433 | −0.312% | $948K | $5.0M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0454 | −0.115% | $228K | $262K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0382 | −0.803% | $151.4M | $1.05B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0370 | −0.917% | $102.9M | $313.2M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0371 | −0.908% | $41.2M | $392.5M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0440 | −0.248% | $46K | $371K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0479 | +0.124% | $246K | $3K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0413 | −0.506% | $167.5M | $83.0M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0426 | −0.382% | $150.2M | $295.3M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0433 | −0.315% | $51.1M | $54.0M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0391 | −0.717% | $67.5M | $172.3M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0398 | −0.650% | — | $82.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0403 | −0.602% | $670K | $1.2M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0450 | −0.154% | $2.4M | $3.2M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0475 | +0.084% | $172K | $4.7M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0417 | −0.467% | $455K | $7.5M | 10x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0450 | −0.153% | $121K | $730K | 10x | as long as short |
| SunX SUI-USDTlong | +0.0100% | 8h | 1.0466 | long leg | $2K | $1.9M | 30x | |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0434 | −0.306% | $7K | $2.2M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0440 | −0.248% | $662K | $19.7M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0428 | −0.363% | $11.6M | $25.5M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0432 | −0.326% | $1.5M | $4.0M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0441 | −0.242% | $40K | $16K | 3x | as long as short |
| Hyperliquid SUI | +0.0113% | 1h | 1.0411 | −0.527% | $74.7M | $80.9M | 10x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0152% | 1h | 1.0460 | −0.057% | $989K | $14.7M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0524 | +0.554% | $8.0M | $25.7M | 100x | as long as short |
| Phoenix SUIshort | +0.0221% | 1h | 1.0477 | +0.104% | $208K | $595K | 10x | |
| GMX SUI/USD [ETH-USDC] | L +0.0631% / S −0.0282% | 1h | 1.0441 | −0.241% | $992K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.0956% | 1h | 1.0481 | +0.141% | $78K | $382K | 10x | as long as short |
01 Exchange SUIUSD
Lighter SUI
Lighter RH SUI
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
Polymarket Perps SUI-USD
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
Extended SUI-USD
Aevo SUI-PERP
Hyperliquid SUI
Coinbase International SUI-PERP-INTX
BloFin SUI-USDT
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD