Funding you earn now, next payment 04:00 UTC+0.0062%/8h= +6.7% APRpaid last 24h +0.014%
Price spread now: Kraken Futures against GRVT+0.266%75s7-day average +0.042% · 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—prices read too far apart to compare
costs, in and out, $10k−$450.447% of the position
Funding, last 7 days+0.065%+$7 on $10k
+Price spread, last 4 days (all we have)−0.036%−$4 · spread now +0.266%, 7d avg +0.042%
=Together, before fees+0.030%+ Points / potential airdropGRVT: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Kraken Futures is 0.225% dearer against GRVT than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.042%. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT SUI_USDT_Perp | 1.0403 | 0.0100 | pay 0.0100% / 8h | 4h 43m | $458K | $7.7M | 10x |
| Short | Kraken Futures PF_SUIUSD | 1.0431 | 0.0162 | get 0.0020% / 1h | 43m 48s | $6.9M | $27.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against GRVT. 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
- $12.93
- Price spread: +0.266% → +0.042%
- $22.48
- Slippage, 4 orders
- −$25.73
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$9.32
- Costs to cover
- 0.447%
- Break-even
- 12.0 days
Slippage from GRVT: live order book, 5 min ago; Kraken Futures: live order book, 5 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 GRVT live order book, 5 min ago | 1.92 bp | 8.1 bp −$8 | 11.4 bp −$114 | 2074.6 bp −$207.5K | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 0.48 bp | 14.2 bp −$14 | 22.9 bp −$229 | 62.5 bp −$6,249 | 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 | −0.3244% | 1h | 1.0316 | −0.838% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0375% | 1h | 1.0426 | +0.216% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0296% | 1h | 1.0386 | −0.169% | $6K | $19K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0389 | −0.136% | $130K | $227K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0438 | +0.336% | $522K | $4.9M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0425 | +0.210% | $202K | $574K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0430 | +0.260% | $114K | — | 150x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0431 | +0.271% | $830K | $5.5M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0433 | +0.282% | $298K | $2.2M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0423 | +0.191% | $40K | $516K | 50x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0392 | −0.106% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0417 | +0.133% | $691K | $1.9M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0424 | +0.201% | $913K | $4.6M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0396 | −0.071% | $225K | $260K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0423 | +0.191% | $151.8M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0422 | +0.183% | $103.0M | $310.5M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0416 | +0.124% | $41.3M | $389.4M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0420 | +0.162% | $45K | $373K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0390 | −0.126% | $244K | $6K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0419 | +0.152% | $166.0M | $83.0M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0419 | +0.152% | $151.1M | $293.7M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0419 | +0.152% | $50.1M | $54.1M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0418 | +0.143% | $68.1M | $171.5M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0421 | +0.172% | — | $82.4M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0428 | +0.239% | $682K | $1.4M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0394 | −0.092% | $2.4M | $3.3M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0403 | 0.000% | $170K | $4.6M | 20x | as long as short |
| GRVT SUI_USDT_Perplong | +0.0100% | 8h | 1.0403 | long leg | $458K | $7.7M | 10x | |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0404 | +0.008% | $232K | $486K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0416 | +0.124% | $124K | $756K | 10x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0428 | +0.239% | $48K | $194K | 20x | as long as short |
| Bluefin SUI-PERP | +0.0100% | 1h | 1.0410 | +0.066% | $596K | $401K | 25x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0422 | +0.181% | $2K | $1.8M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0427 | +0.229% | $14K | $2.1M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0408 | +0.047% | $573K | $19.7M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0420 | +0.162% | $12.0M | $26.6M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0414 | +0.107% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0429 | +0.248% | $40K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0112% | 1h | 1.0419 | +0.152% | $9K | $3K | 10x | as long as short |
| Kraken Futures PF_SUIUSDshort | +0.0162% | 1h | 1.0431 | +0.266% | $6.9M | $27.0M | 50x | |
| Coinbase International SUI-PERP-INTX | +0.0216% | 1h | 1.0430 | +0.258% | $997K | $15.0M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0396 | −0.069% | $8.0M | $25.0M | 100x | as long as short |
| Phoenix SUI | +0.0390% | 1h | 1.0402 | −0.014% | $211K | $421K | 10x | as long as short |
| Hyperliquid SUI | +0.0445% | 1h | 1.0433 | +0.287% | $75.7M | $81.6M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0615% / S −0.0267% | 1h | 1.0431 | +0.271% | $962K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1553% | 1h | 1.0429 | +0.249% | $83K | $396K | 10x | as long as short |
GRVT SUI_USDT_Perp
Kraken Futures PF_SUIUSD
Injective SUI/USDC PERP
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Lighter SUI
Lighter RH SUI
Popdex SUIUSDT
Paradex SUI-USD-PERP
Aster SUIUSDT
Pacifica SUI
Binance SUIUSDT
Bybit SUIUSDT
OKX SUI-USDT-SWAP
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
ApeX Omni SUIUSDT
Polymarket Perps SUI-USD
Bluefin SUI-PERP
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
Extended SUI-USD
01 Exchange SUIUSD
Coinbase International SUI-PERP-INTX
BloFin SUI-USDT
Phoenix SUI
Hyperliquid SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD