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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0184%/8h= +20.1% APRpaid last 24h +0.020%
Price spread now: Kraken Futures against BingX+0.151%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$470.467% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.089%+$9 on $10k
Price spread, last 4 days (all we have)−0.131%−$13 · spread now +0.151%, 7d avg +0.031%
Together, before fees−0.041%−$4 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 0.120% dearer against BingX than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.031%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.089% in total (about 4.7% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SUI-USDC1.01290.0100pay 0.0100% / 8h7h 56m$6.5M
ShortKraken Futures PF_SUIUSD1.01440.0284get 0.0035% / 1h56m 29s$6.8M$21.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against BingX. 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
$38.58
Price spread: +0.151% → +0.031%
$12.05
Slippage, 4 orders
−$26.69
Fee BingX: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$3.93
Costs to cover
0.467%
Break-even
6.3 days
Slippage from BingX: live order book, 10 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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 10 min ago0.99 bp11.5 bp −$1116.3 bp −$16361.3 bp −$6,12690.9 bp −$45.4K
Sell Kraken Futures live order book, 3 min ago0.49 bp10.8 bp −$1113.7 bp −$13750.7 bp −$5,069doesn'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−0.3240%1h1.0041−0.869%$41K$113K12xas long as short
Reya SUIRUSDPERP−0.0382%1h1.0133+0.041%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0248%1h1.0122−0.064%$5K$18K7xas long as short
dYdX SUI-USD0.0000%1h1.0135+0.063%$95K$257K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0133+0.039%$377K$4.2M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0143+0.138%$195K$537K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0142+0.123%$114K150xas long as short
Gate SUI_USDT+0.0084%8h1.01290.000%$167.5M$79.0M50xas long as short
Bluefin SUI-PERP+0.0084%1h1.0132+0.030%$581K$453K25xas long as short
Lighter SUI+0.0096%1h1.0137+0.079%$748K$4.8M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SUI+0.0096%1h1.0138+0.089%$301K$2.1M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0126−0.030%$43K$529K50xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0141+0.118%$47K$358K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0130+0.007%$26K$8K30xas long as short
Nado SUI-PERP+0.0100%1h1.0129−0.005%$675K$2.2M10xas long as short
Aster SUIUSDT+0.0100%8h1.0131+0.018%$899K$4.2M75xas long as short
Pacifica SUI+0.0100%1h1.0134+0.049%$216K$251K10xas long as short
Binance SUIUSDT+0.0100%8h1.0128−0.007%$145.1M$984.9M75xas long as short
Bybit SUIUSDT+0.0100%8h1.0123−0.057%$97.5M$307.3M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0120−0.089%$40.8M$364.6M50xas long as short
Arcus SUI-USD+0.0100%1h1.0140+0.109%$43K$321K10xas long as short
Bulk SUI-USD+0.0100%1h1.0140+0.105%$232K$7K10xas long as short
MEXC SUI_USDT+0.0100%8h1.0130+0.010%$99.5M$286.1M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0137+0.079%$50.9M$51.7M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0125−0.039%$66.9M$167.5M75xas long as short
BingX SUI-USDClong+0.0100%8h1.0129long leg$6.5M
Backpack SUI_USDC_PERP+0.0100%1h1.0142+0.128%$665K$1.3M20xas long as short
Variational Omni SUI+0.0100%8h1.0135+0.061%$2.4M$3.3Mas long as short
edgeX SUIUSDC+0.0100%4h1.0128−0.013%$164K$4.2M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0131+0.019%$434K$7.0M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0123−0.059%$204K$371K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0136+0.069%$122K$522K10xas long as short
SunX SUI-USDT+0.0100%8h1.0152+0.227%$2K$1.6M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0141+0.118%$7K$1.6M10xas long as short
HTX SUI-USDT+0.0100%8h1.0133+0.039%$636K$18.2M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0140+0.109%$11.7M$28.2M50xas long as short
Extended SUI-USD+0.0104%1h1.0126−0.031%$1.4M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0147+0.181%$39K$11K3xas long as short
01 Exchange SUIUSD+0.0136%1h1.0128−0.010%$8K$3K10xas long as short
Hyperliquid SUI+0.0177%1h1.0145+0.158%$73.1M$77.6M10xas long as short
BloFin SUI-USDT+0.0220%8h1.0142+0.128%$7.5M$24.4M100xas long as short
Kraken Futures PF_SUIUSDshort+0.0284%1h1.0144+0.151%$6.8M$21.5M50x
Coinbase International SUI-PERP-INTX+0.0360%1h1.0141+0.118%$1.0M$14.2M50xas long as short
Phoenix SUI+0.0393%1h1.0149+0.197%$201K$389K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0600% / S −0.0263%1h1.0142+0.125%$932K100xas long as short
Aftermath Perps SUIUSD+0.1249%1h1.0149+0.193%$82K$409K10xas long as short