Funding you earn now, next payment 07:00 UTC+0.0267%/8h= +29.2% APRpaid last 24h +0.018%
Price spread now: Kraken Futures against Binance+0.011%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$320.318% of the position
Funding, last 7 days+0.110%+$11 on $10k
+Price spread, last 4 days (all we have)−0.003%$0 · spread now +0.011%, 7d avg +0.035%
=Funding pays, the price is against you. Kraken Futures is 0.024% cheaper against Binance than usual: you would sell low and buy high (spread +0.011% now, against its 7-day average of +0.035%). If the spread goes back, that is −$2 on $10k: about 7 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.110% in total) that is about 36 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.110% in total (about 5.7% a year). A funding rate is set anew for every payment. 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 | Binance SUIUSDT | 1.0118 | 0.0100 | pay 0.0100% / 8h | 1h 32m | $144.8M | $1.02B | 75x |
| Short | Kraken Futures PF_SUIUSD | 1.0119 | 0.0367 | get 0.0046% / 1h | 32m 35s | $6.8M | $22.6M | 50x |
Binance SUIUSDT
Kraken Futures PF_SUIUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Binance. 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
- $56.01
- Price spread: +0.011% → +0.035%
- −$2.39
- Slippage, 4 orders
- −$11.82
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $21.8
- Costs to cover
- 0.318%
- Break-even
- 4.3 days
Slippage from Binance: live order book, 11 min ago; Kraken Futures: live order book, 1 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 Binance live order book, 11 min ago | 0.49 bp | 5.5 bp −$5 | 9.5 bp −$95 | 23.3 bp −$2,333 | 77.0 bp −$38.5K |
| Sell Kraken Futures live order book, 1 min ago | 1.98 bp | 10.4 bp −$10 | 13.6 bp −$136 | 38.1 bp −$3,815 | 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 | −0.3536% | 1h | 1.0009 | −1.077% | $41K | $113K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0380% | 1h | 1.0111 | −0.069% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0192% | 1h | 1.0093 | −0.243% | $5K | $21K | 7x | as long as short |
| Bluefin SUI-PERP | −0.0058% | 1h | 1.0100 | −0.178% | $579K | $425K | 25x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0117 | −0.007% | $95K | $294K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0116 | −0.021% | $373K | $4.9M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0116 | −0.020% | $195K | $563K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0114 | −0.035% | $114K | — | 150x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0121 | +0.027% | $785K | $5.3M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0118 | +0.002% | $296K | $2.2M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
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 | 1.0116 | −0.020% | $37K | $522K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0114 | −0.040% | $46K | $211K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0111 | −0.067% | $26K | $8K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0114 | −0.040% | $534K | $2.1M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0115 | −0.031% | $893K | $4.3M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0118 | −0.004% | $216K | $261K | 10x | as long as short |
| Binance SUIUSDTlong | +0.0100% | 8h | 1.0118 | long leg | $144.8M | $1.02B | 75x | |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0114 | −0.040% | $98.4M | $315.7M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0114 | −0.040% | $40.8M | $376.8M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0120 | +0.020% | $43K | $329K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0119 | +0.011% | $238K | $2K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0113 | −0.049% | $165.4M | $83.2M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0113 | −0.049% | $150.9M | $291.7M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0115 | −0.030% | $49.4M | $52.8M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0108 | −0.099% | $66.6M | $172.9M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0112 | −0.059% | — | $87.3M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0115 | −0.030% | $666K | $1.3M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0089 | −0.289% | $2.4M | $3.4M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0114 | −0.042% | $164K | $4.6M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0093 | −0.247% | $437K | $7.4M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0117 | −0.010% | $222K | $394K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0123 | +0.049% | $125K | $677K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0131 | +0.128% | $2K | $1.6M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0116 | −0.020% | $6K | $1.8M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0116 | −0.020% | $615K | $18.6M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0116 | −0.020% | $11.7M | $28.1M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0109 | −0.088% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0115 | −0.030% | $38K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0192% | 1h | 1.0122 | +0.040% | $9K | $2K | 10x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0115 | −0.030% | $7.6M | $24.4M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0280% | 1h | 1.0093 | −0.247% | $1.0M | $14.7M | 50x | as long as short |
| Kraken Futures PF_SUIUSDshort | +0.0367% | 1h | 1.0119 | +0.011% | $6.8M | $22.6M | 50x | |
| Phoenix SUI | +0.0431% | 1h | 1.0114 | −0.038% | $200K | $413K | 10x | as long as short |
| Hyperliquid SUI | +0.0466% | 1h | 1.0129 | +0.109% | $72.8M | $81.7M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0598% / S −0.0263% | 1h | 1.0096 | −0.222% | $928K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1402% | 1h | 1.0125 | +0.070% | $82K | $410K | 10x | as long as short |
Popdex SUIUSDT
Orderly PERP_SUI_USDC
Paradex SUI-USD-PERP
Nado SUI-PERP
Aster SUIUSDT
Pacifica SUI
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
Phoenix SUI
Hyperliquid SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD