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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsprices read too far apart to compare
costs, in and out, $10k−$450.447% of the position
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT SUI_USDT_Perp1.04030.0100pay 0.0100% / 8h4h 43m$458K$7.7M10x
ShortKraken Futures PF_SUIUSD1.04310.0162get 0.0020% / 1h43m 48s$6.9M$27.0M50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 5 min ago1.92 bp8.1 bp −$811.4 bp −$1142074.6 bp −$207.5Kdoesn't fit
Sell Kraken Futures live order book, 5 min ago0.48 bp14.2 bp −$1422.9 bp −$22962.5 bp −$6,249doesn'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−0.3244%1h1.0316−0.838%$42K$123K12xas long as short
Reya SUIRUSDPERP−0.0375%1h1.0426+0.216%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0296%1h1.0386−0.169%$6K$19K7xas long as short
dYdX SUI-USD0.0000%1h1.0389−0.136%$130K$227K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0438+0.336%$522K$4.9M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0425+0.210%$202K$574K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0430+0.260%$114K150xas long as short
Lighter SUI+0.0096%1h1.0431+0.271%$830K$5.5M10xas long as short
Lighter RH SUI+0.0096%1h1.0433+0.282%$298K$2.2M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0423+0.191%$40K$516K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex SUI-USD-PERP+0.0100%8h1.0392−0.106%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0417+0.133%$691K$1.9M10xas long as short
Aster SUIUSDT+0.0100%8h1.0424+0.201%$913K$4.6M75xas long as short
Pacifica SUI+0.0100%1h1.0396−0.071%$225K$260K10xas long as short
Binance SUIUSDT+0.0100%8h1.0423+0.191%$151.8M$1.03B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0422+0.183%$103.0M$310.5M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0416+0.124%$41.3M$389.4M50xas long as short
Arcus SUI-USD+0.0100%1h1.0420+0.162%$45K$373K10xas long as short
Bulk SUI-USD+0.0100%1h1.0390−0.126%$244K$6K10xas long as short
Gate SUI_USDT+0.0100%8h1.0419+0.152%$166.0M$83.0M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0419+0.152%$151.1M$293.7M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0419+0.152%$50.1M$54.1M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0418+0.143%$68.1M$171.5M75xas long as short
BingX SUI-USDT+0.0100%8h1.0421+0.172%$82.4Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0428+0.239%$682K$1.4M20xas long as short
Variational Omni SUI+0.0100%8h1.0394−0.092%$2.4M$3.3Mas long as short
edgeX SUIUSDC+0.0100%4h1.04030.000%$170K$4.6M20xas long as short
GRVT SUI_USDT_Perplong+0.0100%8h1.0403long leg$458K$7.7M10x
ApeX Omni SUIUSDT+0.0100%1h1.0404+0.008%$232K$486K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0416+0.124%$124K$756K10xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0428+0.239%$48K$194K20xas long as short
Bluefin SUI-PERP+0.0100%1h1.0410+0.066%$596K$401K25xas long as short
SunX SUI-USDT+0.0100%8h1.0422+0.181%$2K$1.8M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0427+0.229%$14K$2.1M10xas long as short
HTX SUI-USDT+0.0100%8h1.0408+0.047%$573K$19.7M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0420+0.162%$12.0M$26.6M50xas long as short
Extended SUI-USD+0.0104%1h1.0414+0.107%$1.4M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0429+0.248%$40K$11K3xas long as short
01 Exchange SUIUSD+0.0112%1h1.0419+0.152%$9K$3K10xas long as short
Kraken Futures PF_SUIUSDshort+0.0162%1h1.0431+0.266%$6.9M$27.0M50x
Coinbase International SUI-PERP-INTX+0.0216%1h1.0430+0.258%$997K$15.0M50xas long as short
BloFin SUI-USDT+0.0220%8h1.0396−0.069%$8.0M$25.0M100xas long as short
Phoenix SUI+0.0390%1h1.0402−0.014%$211K$421K10xas long as short
Hyperliquid SUI+0.0445%1h1.0433+0.287%$75.7M$81.6M10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0615% / S −0.0267%1h1.0431+0.271%$962K100xas long as short
Aftermath Perps SUIUSD+0.1553%1h1.0429+0.249%$83K$396K10xas long as short