Funding you earn now, next payment 06:00 UTC+0.0074%/8h= +8.1% APRnext payment +$0.09 per $10,000 · paid last 24h +0.007%
Price spread now: Kraken Futures against Backpack−0.026%7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$370.367% of the position
Funding, last 7 days+0.064%+$6 on $10k
+Price spread, last 4 days (all we have)+0.061%+$6 · spread now −0.026%, 7d avg +0.033%
=Funding pays, the price is against you. Kraken Futures is 0.058% cheaper against Backpack than usual: you would sell low and buy high (spread −0.026% now, against its 7-day average of +0.033%). If the spread goes back, that is −$6 on $10k: about 2.6 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.064% in total) that is about 6.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack SUI_USDC_PERP | 1.0081 | 0.0100 | pay 0.0013% / 1h | 21m 39s | $640K | $1.4M | 20x |
| Short | Kraken Futures PF_SUIUSD | 1.0078 | 0.0174 | get 0.0022% / 1h | 21m 39s | $6.7M | $25.0M | 50x |
Backpack SUI_USDC_PERP
Kraken Futures PF_SUIUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Backpack. 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
- $15.56
- Price spread: −0.026% → +0.033%
- −$5.85
- Slippage, 4 orders
- −$16.7
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$26.99
- Costs to cover
- 0.367%
- Break-even
- 19.1 days
Slippage from Backpack: live order book, 2 min ago; Kraken Futures: live order book, 2 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 Backpack live order book, 2 min ago | 0.50 bp | 5.9 bp −$6 | 13.4 bp −$134 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 1.99 bp | 10.2 bp −$10 | 12.9 bp −$129 | 45.4 bp −$4,545 | 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 | −0.3309% | 1h | 1.0052 | −0.288% | $41K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0378% | 1h | 1.0056 | −0.248% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0152% | 1h | 1.0020 | −0.603% | $5K | $19K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0079 | −0.018% | $94K | $294K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0055 | −0.257% | $371K | $5.1M | 2.5x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0061 | −0.194% | $113K | — | 150x | as long as short |
| Bluefin SUI-PERP | +0.0030% | 1h | 1.0058 | −0.228% | $577K | $432K | 25x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0083 | +0.020% | $775K | $5.5M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0086 | +0.051% | $298K | $2.2M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0057 | −0.238% | $31K | $545K | 50x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
dYdX SUI-USD
Kalshi KXSUIPERP
gTrade (Gains Network) SUI/USD
Bluefin SUI-PERP
Lighter SUI
Lighter RH SUI
Popdex SUIUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0069 | −0.119% | $47K | $210K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0080 | −0.005% | $26K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0051 | −0.293% | $544K | $2.1M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0080 | −0.010% | $882K | $4.3M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0086 | +0.052% | $219K | $257K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0087 | +0.059% | $144.9M | $1.05B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0086 | +0.051% | $98.3M | $318.8M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0096 | +0.149% | $41.0M | $386.9M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0100 | +0.188% | $43K | $330K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0045 | −0.357% | $236K | $3K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0087 | +0.060% | $164.9M | $84.9M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0090 | +0.089% | $149.3M | $294.1M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0081 | 0.000% | $49.2M | $53.5M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0085 | +0.040% | $66.4M | $177.7M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0090 | +0.089% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERPlong | +0.0100% | 1h | 1.0081 | long leg | $640K | $1.4M | 20x | |
| Variational Omni SUI | +0.0100% | 8h | 1.0001 | −0.795% | $2.4M | $3.4M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0016 | −0.643% | $161K | $4.6M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0032 | −0.486% | $439K | $7.5M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0015 | −0.655% | $220K | $436K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0065 | −0.159% | $133K | $727K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0072 | −0.089% | $2K | $1.7M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0073 | −0.079% | $6K | $2.0M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0079 | −0.020% | $609K | $19.4M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0071 | −0.099% | $11.6M | $27.8M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0084 | +0.032% | $1.4M | $4.0M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0080 | −0.005% | $38K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0112% | 1h | 1.0058 | −0.228% | $9K | $3K | 10x | as long as short |
| Deribit SUI_USDC-PERPETUAL | +0.0147% | 1h | 1.0074 | −0.069% | $196K | $562K | 25x | as long as short |
| Kraken Futures PF_SUIUSDshort | +0.0174% | 1h | 1.0078 | −0.026% | $6.7M | $25.0M | 50x | |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0026 | −0.546% | $7.5M | $24.2M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0248% | 1h | 1.0055 | −0.258% | $954K | $14.8M | 50x | as long as short |
| Hyperliquid SUI | +0.0365% | 1h | 1.0092 | +0.110% | $72.4M | $83.2M | 10x | as long as short |
| Phoenix SUI | +0.0416% | 1h | 1.0042 | −0.383% | $199K | $422K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0597% / S −0.0263% | 1h | 1.0060 | −0.206% | $924K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1445% | 1h | 1.0056 | −0.248% | $81K | $409K | 10x | as long as short |
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-USDC
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
Deribit SUI_USDC-PERPETUAL
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Hyperliquid SUI
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD