SUI

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0184%/8h= +20.1% APRnext payment +$0.23 per $10,000 · paid last 24h +0.024%

Price spread now: Kraken Futures against Arcus+0.064%7-day average +0.029% · 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−$35as in the Price arb table

costs, in and out, $10k−$380.381% of the position

Long on Arcus Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.029%+$3 on $10k

Price spread, last 4 days (all we have)−0.036%−$4 · spread now +0.064%, 7d avg +0.029%

Together, before fees−0.007%−$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Kraken Futures is 0.035% dearer against Arcus than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.029%.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.029% in total (about 2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.23 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus SUI-USD	1.0140	0.0100	pay 0.0013% / 1h	51m 15s	$43K	$321K	10x
Short	Kraken Futures PF_SUIUSD	1.0146	0.0284	get 0.0035% / 1h	51m 15s	$6.8M	$21.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Arcus. 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

Position, each leg$Hold fordaysFee ArcusbpFee Kraken FuturesbpOrdersPrice spread, now +0.064%Rate

Funding earned: $38.56
Price spread: +0.064% → +0.029%: $3.46
Slippage, 4 orders: −$23.63
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $3.89
Costs to cover: 0.381%
Break-even: 6.3 days

Slippage from Arcus: live order book, 47 min ago; Kraken Futures: live order book, 3 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 Arcus live order book, 47 min ago	4.93 bp	8.7 bp −$9	21.7 bp −$217	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 3 min ago	1.48 bp	8.3 bp −$8	13.2 bp −$132	36.1 bp −$3,614	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	−0.3240%	1h	0.9994	−1.440%	$41K	$113K	12x	as long as short
Reya SUIRUSDPERP	−0.0382%	1h	1.0139	−0.015%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0224%	1h	1.0126	−0.137%	$5K	$17K	7x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0125	−0.145%	$95K	$257K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0125	−0.149%	$376K	$4.2M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0147	+0.069%	$195K	$536K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0143	+0.027%	$114K	—	150x	as long as short
Lighter SUI	+0.0096%	1h	1.0147	+0.068%	$749K	$4.8M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0132	−0.079%	$301K	$2.1M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0139	−0.010%	$43K	$529K	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bluefin SUI-PERP	+0.0097%	1h	1.0131	−0.089%	$581K	$453K	25x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0144	+0.039%	$47K	$398K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0128	−0.118%	$26K	$8K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0137	−0.025%	$673K	$2.2M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0144	+0.035%	$905K	$4.3M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0129	−0.112%	$216K	$251K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0143	+0.030%	$145.3M	$983.5M	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0143	+0.025%	$97.7M	$306.7M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0144	+0.039%	$40.9M	$364.4M	50x	as long as short
Arcus SUI-USDlong	+0.0100%	1h	1.0140	long leg	$43K	$321K	10x
Bulk SUI-USD	+0.0100%	1h	1.0140	−0.003%	$232K	$7K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0140	0.000%	$167.5M	$79.1M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0141	+0.010%	$100.8M	$286.8M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0144	+0.039%	$51.0M	$51.6M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0140	0.000%	$67.0M	$167.1M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0144	+0.039%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0123	−0.168%	$663K	$1.3M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0113	−0.268%	$2.4M	$3.3M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0121	−0.183%	$163K	$4.2M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0125	−0.148%	$434K	$7.0M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0128	−0.118%	$205K	$371K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0143	+0.030%	$122K	$521K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0146	+0.059%	$2K	$1.6M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0145	+0.049%	$7K	$1.6M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0122	−0.178%	$634K	$18.2M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0135	−0.049%	$11.7M	$28.2M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0140	+0.004%	$1.4M	$4.1M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0143	+0.034%	$39K	$11K	3x	as long as short
01 Exchange SUIUSD	+0.0128%	1h	1.0141	+0.010%	$8K	$3K	10x	as long as short
Hyperliquid SUI	+0.0165%	1h	1.0148	+0.079%	$73.2M	$77.5M	10x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0144	+0.039%	$7.6M	$24.3M	100x	as long as short
Kraken Futures PF_SUIUSDshort	+0.0284%	1h	1.0146	+0.064%	$6.8M	$21.5M	50x
Coinbase International SUI-PERP-INTX	+0.0360%	1h	1.0128	−0.118%	$1.0M	$14.2M	50x	as long as short
Phoenix SUI	+0.0426%	1h	1.0132	−0.081%	$201K	$395K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0600% / S −0.0263%	1h	1.0142	+0.018%	$932K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1241%	1h	1.0138	−0.024%	$82K	$409K	10x	as long as short