Funding you earn now, next payment 11:00 UTC−0.0282%/8h= −30.9% APRpaid last 24h −0.034%
Price spread now: Bluefin against Kalshi−0.274%53s7-day average +0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as 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−$560.559% of the position
Funding, last 7 days+0.237%+$24 on $10k
+Price spread, last 4 days (all we have)+0.161%+$16 · spread now −0.274%, 7d avg +0.065%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Bluefin is 0.338% cheaper against Kalshi than usual: you would sell low and buy high (−$34 if the spread goes back to its 7-day average of +0.065%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.237%, so the current rate has only just turned against you. The two prices were read 53 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 | Kalshi KXSUIPERP | 1.0160 | 0 | get 0.0000% / 8h | 1h 51m | $379K | $3.7M | 2.5x |
| Short | Bluefin SUI-PERP | 1.0132 | −0.0282 | pay 0.0035% / 1h | 51m 20s | $583K | $407K | 25x |
Kalshi KXSUIPERP
Bluefin SUI-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bluefin against Kalshi. 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
- −$59.19
- Price spread: −0.274% → +0.065%
- −$33.85
- Slippage, 4 orders
- −$38.9
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee Bluefin: 3.5 bp × 2 orders
- −$7
- Net
- −$148.94
- Costs to cover
- 0.559%
- Break-even
- never at this rate
Slippage from Kalshi: live order book, 5 min ago; Bluefin: live order book, 61 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 Kalshi live order book, 5 min ago | 8.84 bp | 13.8 bp −$14 | 18.1 bp −$181 | doesn't fit | doesn't fit |
| Sell Bluefin live order book, 61 min ago | 1.48 bp | 13.4 bp −$13 | 62.9 bp −$629 | doesn't fit | doesn't fit |
SUI on 46 exchanges
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 | −0.3324% | 1h | 1.0075 | −0.835% | $41K | $113K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0385% | 1h | 1.0141 | −0.184% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0368% | 1h | 1.0149 | −0.102% | $5K | $16K | 7x | as long as short |
| Bluefin SUI-PERPshort | −0.0282% | 1h | 1.0132 | −0.274% | $583K | $407K | 25x | |
| Kraken Futures PF_SUIUSD | −0.0042% | 1h | 1.0149 | −0.102% | $6.9M | $19.6M | 50x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0150 | −0.096% | $95K | $241K | 10x | as long as short |
| Kalshi KXSUIPERPlong | 0.0000% | 8h | 1.0160 | long leg | $379K | $3.7M | 2.5x | |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0148 | −0.116% | $193K | $500K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0165 | +0.046% | $116K | — | 150x | as long as short |
| 01 Exchange SUIUSD | +0.0024% | 1h | 1.0154 | −0.057% | $8K | $3K | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
Kraken Futures PF_SUIUSD
dYdX SUI-USD
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
01 Exchange SUIUSDShow all 46 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SUI | +0.0096% | 1h | 1.0136 | −0.233% | $736K | $4.5M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0139 | −0.207% | $326K | $2.1M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0152 | −0.077% | $55K | $517K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0099% | 8h | 1.0146 | −0.136% | $55K | $700K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0135 | −0.239% | $27K | $2K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0147 | −0.126% | $659K | $2.0M | 10x | as long as short |
| Hyperliquid SUI | +0.0100% | 1h | 1.0163 | +0.030% | $72.8M | $66.1M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0152 | −0.077% | $902K | $3.5M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0138 | −0.218% | $216K | $207K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0148 | −0.114% | $143.5M | $870.9M | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0145 | −0.146% | $96.9M | $269.1M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0146 | −0.136% | $41.1M | $315.0M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0150 | −0.096% | $43K | $310K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0190 | +0.297% | $233K | $8K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0147 | −0.126% | $167.8M | $67.6M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0149 | −0.106% | $95.8M | $245.8M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0152 | −0.077% | $50.4M | $46.4M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0142 | −0.175% | $66.5M | $140.5M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0147 | −0.126% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0147 | −0.126% | $649K | $1.2M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0171 | +0.109% | $2.4M | $2.7M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0166 | +0.061% | $163K | $3.8M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0163 | +0.031% | $440K | $6.7M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0168 | +0.081% | $204K | $385K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0156 | −0.037% | $122K | $475K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0167 | +0.071% | $2K | $1.3M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0146 | −0.136% | $6K | $1.4M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0149 | −0.106% | $752K | $16.8M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0155 | −0.047% | $11.7M | $28.2M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0141 | −0.189% | $1.5M | $3.5M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0149 | −0.108% | $39K | $11K | 3x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0174 | +0.140% | $7.5M | $22.5M | 100x | as long as short |
| Phoenix SUI | +0.0250% | 1h | 1.0180 | +0.197% | $203K | $318K | 10x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0312% | 1h | 1.0157 | −0.028% | $1.0M | $11.2M | 50x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0607% / S −0.0268% | 1h | 1.0149 | −0.111% | $945K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.0888% | 1h | 1.0176 | +0.162% | $80K | $405K | 10x | as long as short |
Lighter SUI
Lighter RH SUI
Popdex SUIUSDT
Orderly PERP_SUI_USDC
Paradex SUI-USD-PERP
Nado SUI-PERP
Hyperliquid SUI
Aster SUIUSDT
Pacifica SUI
Binance SUIUSDT
Bybit SUIUSDT
OKX SUI-USDT-SWAP
Arcus SUI-USD
Bulk SUI-USD
Gate SUI_USDT
MEXC SUI_USDT
KuCoin SUIUSDTM
Bitget SUIUSDT
BingX SUI-USDC
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
BloFin SUI-USDT
Phoenix SUI
Coinbase International SUI-PERP-INTX
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD