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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0067%/8h= −7.4% APRpaid last 24h +0.043%
Price spread now: Kraken Futures against Kalshi+0.091%7-day average +0.228% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$480.484% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.267%+$27 on $10k
Price spread, last 4 days (all we have)−0.061%−$6 · spread now +0.091%, 7d avg +0.228%
Together, before fees+0.206%+$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Kraken Futures is 0.137% cheaper against Kalshi than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.228%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.267%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXSUIPERP1.02540get 0.0000% / 8h7h 20m$476K$5.1M2.5x
ShortKraken Futures PF_SUIUSD1.0263−0.0067pay 0.0008% / 1h20m 56s$6.7M$26.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Kalshi. 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
−$14.11
Price spread: +0.091% → +0.228%
−$13.73
Slippage, 4 orders
−$28.45
Fee Kalshi: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$76.29
Costs to cover
0.484%
Break-even
never at this rate
Slippage from Kalshi: live order book, 3 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 Kalshi live order book, 3 min ago8.45 bp13.4 bp −$1319.0 bp −$190doesn't fitdoesn't fit
Sell Kraken Futures live order book, 3 min ago1.46 bp11.8 bp −$1217.8 bp −$17846.6 bp −$4,659doesn'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−0.3470%1h1.0147−1.042%$42K$123K12xas long as short
Reya SUIRUSDPERP−0.0377%1h1.0258+0.044%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0176%1h1.0226−0.271%$6K$19K7xas long as short
Kraken Futures PF_SUIUSDshort−0.0067%1h1.0263+0.091%$6.7M$26.7M50x
dYdX SUI-USD0.0000%1h1.0263+0.091%$129K$227K10xas long as short
Kalshi KXSUIPERPlong0.0000%8h1.0254long leg$476K$5.1M2.5x
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0262+0.080%$199K$572K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0257+0.035%$115K150xas long as short
Bluefin SUI-PERP+0.0034%1h1.0247−0.066%$588K$407K25xas long as short
Lighter SUI+0.0096%1h1.0259+0.050%$774K$5.4M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SUI+0.0096%1h1.0258+0.038%$305K$2.2M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0263+0.090%$45K$516K50xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0263+0.090%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0262+0.080%$581K$2.1M10xas long as short
Aster SUIUSDT+0.0100%8h1.0260+0.061%$886K$4.5M75xas long as short
Pacifica SUI+0.0100%1h1.0262+0.082%$222K$254K10xas long as short
Binance SUIUSDT+0.0100%8h1.0259+0.054%$146.2M$1.03B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0258+0.046%$101.1M$309.1M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0256+0.021%$40.1M$386.1M50xas long as short
Arcus SUI-USD+0.0100%1h1.0270+0.158%$43K$331K10xas long as short
Gate SUI_USDT+0.0100%8h1.0253−0.008%$167.5M$82.3M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0258+0.041%$153.4M$295.4M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0259+0.051%$50.3M$54.2M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0255+0.012%$67.1M$174.0M75xas long as short
BingX SUI-USDC+0.0100%8h1.0255+0.012%$6.5Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0252−0.018%$636K$1.3M20xas long as short
Variational Omni SUI+0.0100%8h1.0261+0.067%$2.4M$3.4Mas long as short
edgeX SUIUSDC+0.0100%4h1.0240−0.133%$168K$4.5M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0231−0.221%$442K$7.6M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0241−0.125%$224K$433K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0271+0.168%$123K$724K10xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0258+0.041%$47K$173K20xas long as short
SunX SUI-USDT+0.0100%8h1.0298+0.431%$2K$1.7M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0260+0.060%$14K$2.0M10xas long as short
HTX SUI-USDT+0.0100%8h1.0244−0.096%$586K$19.6M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0245−0.086%$11.8M$27.2M50xas long as short
Bulk SUI-USD+0.0100%1h1.0239−0.144%$241K$4K10xas long as short
Extended SUI-USD+0.0104%1h1.0254−0.001%$1.4M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0265+0.111%$39K$11K3xas long as short
01 Exchange SUIUSD+0.0152%1h1.0264+0.099%$9K$3K10xas long as short
BloFin SUI-USDT+0.0220%8h1.0245−0.086%$7.7M$24.6M100xas long as short
Coinbase International SUI-PERP-INTX+0.0248%1h1.0258+0.041%$994K$15.1M50xas long as short
Hyperliquid SUI+0.0368%1h1.0261+0.070%$74.1M$81.1M10xas long as short
Phoenix SUI+0.0408%1h1.0237−0.166%$215K$415K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0600% / S −0.0260%1h1.0256+0.026%$937K100xas long as short
Aftermath Perps SUIUSD+0.1509%1h1.0269+0.145%$82K$404K10xas long as short