Settings8H · net · $10k
Funding arb · Price arb /

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0196%/8h= +21.5% APRnext payment +$0.25 per $10,000 · paid last 24h +0.001%
Price spread now: Kraken Futures against ApeX Omni−0.050%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$390.392% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.045%+$5 on $10k
Price spread, last 3 days (all we have)+0.249%+$25 · spread now −0.050%, 7d avg −0.040%
Together, before fees+0.294%+$29 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.040%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.045% in total (about 2.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.25 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SUIUSDT1.02590.0100pay 0.0013% / 1h20m 22s$233K$441K50x
ShortKraken Futures PF_SUIUSD1.02540.0296get 0.0037% / 1h20m 22s$7.1M$24.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against ApeX Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$41.22
Price spread: −0.050% → −0.040%
−$0.97
Slippage, 4 orders
−$19.25
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$1.01
Costs to cover
0.392%
Break-even
6.8 days
Slippage from ApeX Omni: live order book, 62 min ago; Kraken Futures: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 62 min ago1.96 bp10.7 bp −$1137.1 bp −$371doesn't fitdoesn't fit
Sell Kraken Futures live order book, 4 min ago1.95 bp10.2 bp −$1014.6 bp −$14638.7 bp −$3,871doesn't fit

SUI on 46 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective SUI/USDC PERP−0.2926%1h1.0140−1.160%$42K$123K12xas long as short
Reya SUIRUSDPERP−0.0368%1h1.0245−0.139%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0224%1h1.0246−0.128%$6K$19K7xas long as short
Bluefin SUI-PERP−0.0200%1h1.0228−0.302%$586K$405K25xas long as short
dYdX SUI-USD0.0000%1h1.0253−0.062%$93K$66K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0263+0.038%$457K$5.5M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0252−0.068%$190K$562K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0002%1h1.0244−0.146%$119K150xas long as short
Lighter SUI+0.0096%1h1.0251−0.075%$786K$5.9M10xas long as short
Lighter RH SUI+0.0096%1h1.0255−0.037%$258K$2.0M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex SUIUSDT+0.0096%1h1.0249−0.097%$38K$501K50xas long as short
Orderly PERP_SUI_USDC+0.0098%8h1.0239−0.195%$45K$371K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0250−0.091%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0250−0.088%$592K$1.4M10xas long as short
Aster SUIUSDT+0.0100%8h1.0248−0.109%$1.0M$4.5M75xas long as short
Pacifica SUI+0.0100%1h1.0250−0.083%$223K$263K10xas long as short
Binance SUIUSDT+0.0100%8h1.0243−0.156%$150.8M$1.03B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0242−0.166%$102.7M$307.1M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0239−0.195%$40.8M$382.6M50xas long as short
Arcus SUI-USD+0.0100%1h1.0250−0.088%$45K$387K10xas long as short
Bulk SUI-USD+0.0100%1h1.0244−0.145%$241K$2K10xas long as short
Gate SUI_USDT+0.0100%8h1.0245−0.136%$164.7M$80.9M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0243−0.156%$148.3M$297.0M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0242−0.166%$51.5M$52.2M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0241−0.175%$67.3M$168.4M75xas long as short
BingX SUI-USDC+0.0100%8h1.0244−0.146%$6.5Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0243−0.156%$653K$1.1M20xas long as short
Variational Omni SUI+0.0100%8h1.0256−0.027%$2.3M$2.8Mas long as short
edgeX SUIUSDC+0.0100%4h1.0252−0.068%$165K$4.5M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0268+0.090%$445K$7.0M10xas long as short
ApeX Omni SUIUSDTlong+0.0100%1h1.0259long leg$233K$441K50x
Polymarket Perps SUI-USD+0.0100%1h1.0254−0.049%$107K$793K10xas long as short
SunX SUI-USDT+0.0100%8h1.02590.000%$2K$1.9M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0250−0.088%$6K$2.4M10xas long as short
HTX SUI-USDT+0.0100%8h1.0252−0.068%$626K$18.6M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0252−0.068%$11.5M$24.7M50xas long as short
Extended SUI-USD+0.0104%1h1.0249−0.102%$1.4M$3.7M50xas long as short
01 Exchange SUIUSD+0.0104%1h1.0253−0.058%$9K$9K10xas long as short
Aevo SUI-PERP+0.0104%1h1.0250−0.085%$48K$37K3xas long as short
BloFin SUI-USDT+0.0220%8h1.0250−0.088%$7.9M$23.8M100xas long as short
Coinbase International SUI-PERP-INTX+0.0248%1h1.0261+0.019%$967K$13.9M50xas long as short
Kraken Futures PF_SUIUSDshort+0.0296%1h1.0254−0.050%$7.1M$24.2M50x
Phoenix SUI+0.0346%1h1.0275+0.161%$203K$574K10xas long as short
Hyperliquid SUI+0.0524%1h1.0260+0.010%$73.2M$80.5M10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0636% / S −0.0309%1h1.0242−0.162%$895K100xas long as short
Aftermath Perps SUIUSD+0.0738%1h1.0256−0.029%$93K$382K10xas long as short