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+0.0046%/8h= +5.0% APRnext payment +$0.06 per $10,000 · paid last 24h −0.024%
Price spread now: ApeX Omni against Kraken Futures+0.856%75s7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$470.474% 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)−1.130%−$113 · spread now +0.856%, 7d avg +0.043%
Together, before fees−1.195%−$119 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and ApeX Omni is 0.813% dearer against Kraken Futures than usual: you sell high and buy low: +$81 more if the spread goes back to its 7-day average of +0.043%. Mind the row above: over the last 7 days funding on this pair cost −0.065%, so the current rate has only just turned in your favour. 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
LongKraken Futures PF_SUIUSD1.01770.0054pay 0.0007% / 1h55m 49s$6.8M$21.0M50x
ShortApeX Omni SUIUSDT1.02640.0100get 0.0013% / 1h55m 49s$207K$355K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Kraken Futures. 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
$9.68
Price spread: +0.856% → +0.043%
$81.32
Slippage, 4 orders
−$27.4
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$43.6
Costs to cover
0.474%
Break-even
from the start
Slippage from Kraken Futures: live order book, 3 min ago; ApeX Omni: live order book, 37 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 Kraken Futures live order book, 3 min ago0.49 bp12.3 bp −$1231.0 bp −$31073.2 bp −$7,321doesn't fit
Sell ApeX Omni live order book, 37 min ago3.96 bp11.8 bp −$1244.8 bp −$448doesn't fitdoesn'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−0.3772%1h1.0143−0.333%$42K$113K12xas long as short
Bluefin SUI-PERP−0.0781%1h1.0164−0.127%$585K$437K25xas long as short
Hibachi SUI/USDT-P−0.0568%1h1.0195+0.176%$5K$17K7xas long as short
Reya SUIRUSDPERP−0.0383%1h1.0172−0.046%$4K$3K20xas long as short
dYdX SUI-USD0.0000%1h1.0186+0.090%$95K$245K10xas long as short
01 Exchange SUIUSD0.0000%1h1.0189+0.119%$8K$3K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0199+0.217%$376K$3.9M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0178+0.011%$196K$521K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0259+0.808%$116K150xas long as short
Kraken Futures PF_SUIUSDlong+0.0054%1h1.0177long leg$6.8M$21.0M50x
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack SUI_USDC_PERP+0.0059%1h1.0169−0.077%$667K$1.3M20xas long as short
Lighter SUI+0.0096%1h1.0179+0.024%$754K$4.6M10xas long as short
Lighter RH SUI+0.0096%1h1.0180+0.028%$319K$2.1M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0186+0.090%$52K$519K50xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0200+0.224%$27K$5K30xas long as short
Hyperliquid SUI+0.0100%1h1.0181+0.041%$73.6M$74.9M10xas long as short
Aster SUIUSDT+0.0100%8h1.0161−0.157%$902K$3.9M75xas long as short
Pacifica SUI+0.0100%1h1.0196+0.186%$217K$214K10xas long as short
Binance SUIUSDT+0.0100%8h1.0159−0.178%$144.1M$938.0M75xas long as short
Bybit SUIUSDT+0.0100%8h1.0155−0.211%$97.7M$291.6M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0146−0.303%$40.9M$343.4M50xas long as short
Arcus SUI-USD+0.0100%1h1.0190+0.129%$43K$318K10xas long as short
Bulk SUI-USD+0.0100%1h1.0206+0.286%$234K$7K10xas long as short
Gate SUI_USDT+0.0100%8h1.0158−0.185%$167.2M$71.7M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0164−0.127%$93.2M$270.8M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0172−0.048%$50.6M$49.3M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0163−0.136%$67.0M$156.9M75xas long as short
BingX SUI-USDT+0.0100%8h1.0157−0.195%$85.9Mas long as short
Variational Omni SUI+0.0100%8h1.0173−0.043%$2.4M$3.1Mas long as short
edgeX SUIUSDC+0.0100%4h1.0234+0.562%$164K$4.2M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0255+0.764%$439K$7.0M10xas long as short
ApeX Omni SUIUSDTshort+0.0100%1h1.0264+0.856%$207K$355K50x
Nado SUI-PERP+0.0100%1h1.0183+0.063%$671K$2.0M10xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0190+0.129%$123K$510K10xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0179+0.021%$55K$662K20xas long as short
SunX SUI-USDT+0.0100%8h1.0202+0.247%$2K$1.4M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0176−0.009%$5K$1.4M10xas long as short
HTX SUI-USDT+0.0100%8h1.0179+0.021%$774K$17.5M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0179+0.021%$11.7M$28.5M50xas long as short
Extended SUI-USD+0.0104%1h1.0159−0.176%$1.5M$3.9M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0175−0.021%$39K$11K3xas long as short
BloFin SUI-USDT+0.0220%8h1.0223+0.453%$7.5M$24.2M100xas long as short
Coinbase International SUI-PERP-INTX+0.0320%1h1.0208+0.306%$1.0M$12.8M50xas long as short
Phoenix SUI+0.0426%1h1.0241+0.635%$205K$340K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0609% / S −0.0269%1h1.0177−0.003%$949K100xas long as short
Aftermath Perps SUIUSD+0.1027%1h1.0234+0.558%$80K$415K10xas long as short