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+0.0180%/8h= +19.8% APRpaid last 24h +0.024%
Price spread now: Kraken Futures against Bybit+0.128%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$370.366% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.133%+$13 on $10k
Price spread, last 4 days (all we have)−0.040%−$4 · spread now +0.128%, 7d avg +0.030%
Together, before fees+0.093%+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Kraken Futures is 0.098% dearer against Bybit than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SUIUSDT1.02510.0100pay 0.0100% / 8h7h 03m$99.0M$295.4M50x
ShortKraken Futures PF_SUIUSD1.02640.0280get 0.0035% / 1h3m 10s$6.9M$21.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Bybit. 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
$37.88
Price spread: +0.128% → +0.030%
$9.78
Slippage, 4 orders
−$15.62
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$11.04
Costs to cover
0.366%
Break-even
5.0 days
Slippage from Bybit: live order book, 1 min ago; Kraken Futures: live order book, 6 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 Bybit live order book, 1 min ago0.49 bp8.9 bp −$914.5 bp −$14542.1 bp −$4,212doesn't fit
Sell Kraken Futures live order book, 6 min ago2.93 bp10.8 bp −$1114.3 bp −$14341.3 bp −$4,126doesn'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%1h1.0143−1.056%$42K$113K12xas long as short
Reya SUIRUSDPERP−0.0383%1h1.0248−0.028%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0288%1h1.0239−0.125%$6K$17K7xas long as short
Bluefin SUI-PERP0.0000%1h1.0241−0.100%$589K$438K25xas long as short
dYdX SUI-USD0.0000%1h1.0247−0.039%$96K$245K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0256+0.046%$377K$3.9M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0258+0.065%$197K$527K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0255+0.041%$116K150xas long as short
01 Exchange SUIUSD+0.0048%1h1.0256+0.046%$8K$3K10xas long as short
Lighter SUI+0.0096%1h1.0259+0.075%$760K$4.9M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SUI+0.0096%1h1.0259+0.074%$322K$2.2M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0252+0.007%$49K$517K50xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0245−0.061%$27K$6K30xas long as short
Nado SUI-PERP+0.0100%1h1.0245−0.061%$675K$2.1M10xas long as short
Aster SUIUSDT+0.0100%8h1.0257+0.056%$921K$4.0M75xas long as short
Pacifica SUI+0.0100%1h1.0249−0.020%$218K$247K10xas long as short
Binance SUIUSDT+0.0100%8h1.0250−0.014%$145.4M$947.6M75xas long as short
Bybit SUIUSDTlong+0.0100%8h1.0251long leg$99.0M$295.4M50x
OKX SUI-USDT-SWAP+0.0100%8h1.0254+0.026%$41.5M$351.1M50xas long as short
Arcus SUI-USD+0.0100%1h1.0250−0.013%$43K$318K10xas long as short
Bulk SUI-USD+0.0100%1h1.0247−0.042%$235K$7K10xas long as short
Gate SUI_USDT+0.0100%8h1.0255+0.036%$169.4M$80.8M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0254+0.026%$96.4M$292.7M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0257+0.056%$52.5M$49.3M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0252+0.007%$67.7M$159.1M75xas long as short
BingX SUI-USDC+0.0100%8h1.0254+0.026%$6.5Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0254+0.026%$672K$1.3M20xas long as short
Variational Omni SUI+0.0100%8h1.0252+0.005%$2.4M$3.1Mas long as short
edgeX SUIUSDC+0.0100%4h1.0240−0.113%$164K$4.2M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0239−0.116%$449K$7.0M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0244−0.071%$207K$356K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0254+0.026%$124K$511K10xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0254+0.026%$47K$596K20xas long as short
SunX SUI-USDT+0.0100%8h1.0259+0.075%$2K$1.5M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0260+0.085%$6K$1.5M10xas long as short
HTX SUI-USDT+0.0100%8h1.0262+0.104%$786K$17.8M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0255+0.036%$11.8M$28.5M50xas long as short
Extended SUI-USD+0.0104%1h1.0254+0.025%$1.5M$4.0M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0260+0.088%$39K$11K3xas long as short
Hyperliquid SUI+0.0189%1h1.0267+0.153%$74.2M$74.7M10xas long as short
BloFin SUI-USDT+0.0220%8h1.0253+0.017%$7.5M$24.4M100xas long as short
Kraken Futures PF_SUIUSDshort+0.0280%1h1.0264+0.128%$6.9M$21.2M50x
Coinbase International SUI-PERP-INTX+0.0360%1h1.0263+0.114%$1.0M$13.2M50xas long as short
Phoenix SUI+0.0426%1h1.0261+0.093%$206K$395K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0611% / S −0.0269%1h1.0254+0.030%$955K100xas long as short
Aftermath Perps SUIUSD+0.1039%1h1.0257+0.058%$81K$412K10xas long as short