Funding you earn now, next payment 09:00 UTC−0.0184%/8h= −20.2% APRnext payment −$0.23 per $10,000 · paid last 24h −0.024%
Price spread now: Arcus against Kraken Futures+0.202%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$380.381% of the position
Funding, last 4 days (all we have)−0.029%−$3 on $10k
+Price spread, last 4 days (all we have)−0.230%−$23 · spread now +0.202%, 7d avg −0.029%
=The price spread pays, funding is against you. Arcus is 0.231% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.202% now, against its 7-day average of −0.029%): +$23 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 4.2 days. At the pace of the last 4 days (−0.029% in total) that is about 30 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.029% in total (about -2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.23 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SUIUSD | 1.0120 | 0.0284 | pay 0.0036% / 1h | 51m 37s | $6.8M | $21.5M | 50x |
| Short | Arcus SUI-USD | 1.0140 | 0.0100 | get 0.0013% / 1h | 51m 37s | $43K | $321K | 10x |
Kraken Futures PF_SUIUSD
Arcus SUI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$38.72
- Price spread: +0.202% → −0.029%
- $23.15
- Slippage, 4 orders
- −$23.63
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$53.71
- Costs to cover
- 0.381%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 2 min ago; Arcus: live order book, 47 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 Kraken Futures live order book, 2 min ago | 1.48 bp | 11.9 bp −$12 | 20.4 bp −$204 | 41.7 bp −$4,172 | doesn't fit |
| Sell Arcus live order book, 47 min ago | 4.93 bp | 9.2 bp −$9 | 29.2 bp −$292 | doesn't fit | 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 | −0.3240% | 1h | 1.0041 | −0.776% | $41K | $113K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0382% | 1h | 1.0118 | −0.015% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0224% | 1h | 1.0126 | +0.065% | $5K | $17K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0125 | +0.057% | $95K | $257K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0125 | +0.053% | $376K | $4.2M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0115 | −0.045% | $194K | $537K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0112 | −0.073% | $114K | — | 150x | as long as short |
| Bluefin SUI-PERP | +0.0089% | 1h | 1.0107 | −0.124% | $580K | $453K | 25x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0131 | +0.114% | $748K | $4.8M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0132 | +0.123% | $301K | $2.1M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Bluefin SUI-PERP
Lighter SUI
Lighter RH SUIShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex SUIUSDT | +0.0096% | 1h | 1.0123 | +0.034% | $43K | $529K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0116 | −0.035% | $46K | $390K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0128 | +0.084% | $26K | $8K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0118 | −0.010% | $672K | $2.2M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0130 | +0.101% | $899K | $4.3M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0129 | +0.090% | $216K | $251K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0130 | +0.106% | $145.2M | $983.4M | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0131 | +0.113% | $97.6M | $306.8M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0132 | +0.123% | $40.8M | $363.9M | 50x | as long as short |
| Arcus SUI-USDshort | +0.0100% | 1h | 1.0140 | +0.202% | $43K | $321K | 10x | |
| Bulk SUI-USD | +0.0100% | 1h | 1.0140 | +0.199% | $232K | $7K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0120 | +0.004% | $167.2M | $79.1M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0132 | +0.123% | $100.8M | $286.8M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0128 | +0.083% | $50.9M | $51.6M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0134 | +0.143% | $67.0M | $167.1M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0136 | +0.163% | — | $88.0M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0123 | +0.034% | $663K | $1.3M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0113 | −0.066% | $2.4M | $3.3M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0097 | −0.225% | $163K | $4.2M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0125 | +0.054% | $434K | $7.0M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0091 | −0.282% | $204K | $371K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0125 | +0.054% | $122K | $521K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0141 | +0.212% | $2K | $1.6M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0116 | −0.035% | $7K | $1.6M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0123 | +0.034% | $634K | $18.2M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0121 | +0.014% | $11.7M | $28.2M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0134 | +0.142% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0119 | −0.003% | $38K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0128% | 1h | 1.0127 | +0.074% | $8K | $3K | 10x | as long as short |
| Hyperliquid SUI | +0.0156% | 1h | 1.0132 | +0.123% | $73.1M | $77.5M | 10x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0129 | +0.093% | $7.6M | $24.3M | 100x | as long as short |
| Kraken Futures PF_SUIUSDlong | +0.0284% | 1h | 1.0120 | long leg | $6.8M | $21.5M | 50x | |
| Coinbase International SUI-PERP-INTX | +0.0360% | 1h | 1.0128 | +0.083% | $1.0M | $14.2M | 50x | as long as short |
| Phoenix SUI | +0.0426% | 1h | 1.0132 | +0.121% | $201K | $395K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0599% / S −0.0263% | 1h | 1.0116 | −0.036% | $931K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1245% | 1h | 1.0128 | +0.083% | $82K | $409K | 10x | as long as short |
Popdex SUIUSDT
Orderly PERP_SUI_USDC
Paradex SUI-USD-PERP
Nado SUI-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
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
01 Exchange SUIUSD
Hyperliquid SUI
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD