Funding you earn now, next payment 03:00 UTC−0.0188%/8h= −20.6% APRpaid last 24h −0.011%
Price spread now: BingX against Kraken Futures−0.183%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$400.405% of the position
Funding, last 7 days−0.080%−$8 on $10k
+Price spread, last 3 days (all we have)+0.171%+$17 · spread now −0.183%, 7d avg −0.033%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and BingX is 0.150% cheaper against Kraken Futures than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.033%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.080% in total (about -4.2% a year). A funding rate is set anew for every payment. 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 | 1.0421 | 0.0288 | pay 0.0036% / 1h | 35m 50s | $6.8M | $26.9M | 50x |
| Short | BingX SUI-USDT | 1.0402 | 0.0100 | get 0.0100% / 8h | 5h 35m | — | $82.0M | — |
Kraken Futures PF_SUIUSD
BingX SUI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$39.54
- Price spread: −0.183% → −0.033%
- −$15.01
- Slippage, 4 orders
- −$20.46
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$95.02
- Costs to cover
- 0.405%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 3 min ago; BingX: live order book, 3 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, 3 min ago | 2.40 bp | 12.8 bp −$13 | 14.8 bp −$148 | 39.6 bp −$3,955 | doesn't fit |
| Sell BingX live order book, 3 min ago | 1.44 bp | 6.4 bp −$6 | 8.2 bp −$82 | 14.9 bp −$1,487 | 45.6 bp −$22.8K |
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 | −0.3542% | 1h | 1.0276 | −1.392% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0374% | 1h | 1.0405 | −0.151% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0216% | 1h | 1.0406 | −0.143% | $6K | $19K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0410 | −0.107% | $95K | $168K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0412 | −0.083% | $511K | $4.8M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0419 | −0.020% | $202K | $576K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0418 | −0.029% | $114K | — | 150x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0421 | −0.004% | $826K | $5.6M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0422 | +0.009% | $280K | $2.1M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0409 | −0.116% | $33K | $499K | 50x | 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
Lighter SUI
Lighter RH SUI
Popdex SUIUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0410 | −0.107% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0413 | −0.078% | $717K | $1.9M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0418 | −0.033% | $915K | $4.6M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0411 | −0.097% | $228K | $262K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0408 | −0.126% | $152.6M | $1.02B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0404 | −0.168% | $103.1M | $307.6M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0400 | −0.202% | $41.2M | $383.7M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0420 | −0.010% | $45K | $373K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0403 | −0.171% | $245K | $4K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0407 | −0.135% | $165.2M | $82.7M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0411 | −0.097% | $151.1M | $292.0M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0415 | −0.058% | $51.1M | $53.5M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0411 | −0.097% | $68.0M | $168.2M | 75x | as long as short |
| BingX SUI-USDTshort | +0.0100% | 8h | 1.0402 | −0.183% | — | $82.0M | — | |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0417 | −0.039% | $696K | $1.3M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0420 | −0.006% | $2.4M | $3.2M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0400 | −0.201% | $169K | $4.6M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0372 | −0.471% | $456K | $7.5M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0388 | −0.317% | $236K | $470K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0424 | +0.028% | $122K | $719K | 10x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0417 | −0.039% | $48K | $238K | 20x | as long as short |
| Bluefin SUI-PERP | +0.0100% | 1h | 1.0404 | −0.164% | $595K | $408K | 25x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0429 | +0.076% | $2K | $1.8M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0419 | −0.020% | $14K | $2.1M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0417 | −0.039% | $599K | $19.6M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0419 | −0.020% | $11.6M | $26.1M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0411 | −0.095% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0423 | +0.017% | $40K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0136% | 1h | 1.0412 | −0.087% | $9K | $3K | 10x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0176% | 1h | 1.0427 | +0.057% | $996K | $14.7M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0406 | −0.145% | $8.0M | $25.0M | 100x | as long as short |
| Kraken Futures PF_SUIUSDlong | +0.0288% | 1h | 1.0421 | long leg | $6.8M | $26.9M | 50x | |
| Phoenix SUI | +0.0362% | 1h | 1.0411 | −0.100% | $211K | $561K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0619% / S −0.0272% | 1h | 1.0417 | −0.040% | $969K | — | 100x | as long as short |
| Hyperliquid SUI | +0.0674% | 1h | 1.0433 | +0.114% | $75.9M | $80.2M | 10x | as long as short |
| Aftermath Perps SUIUSD | +0.1286% | 1h | 1.0413 | −0.076% | $83K | $385K | 10x | as long as short |
Paradex SUI-USD-PERP
Nado SUI-PERP
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
Backpack SUI_USDC_PERP
Variational Omni SUI
edgeX SUIUSDC
GRVT SUI_USDT_Perp
ApeX Omni SUIUSDT
Polymarket Perps SUI-USD
Orderly PERP_SUI_USDC
Bluefin SUI-PERP
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
Extended SUI-USD
Aevo SUI-PERP
01 Exchange SUIUSD
Coinbase International SUI-PERP-INTX
BloFin SUI-USDT
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Hyperliquid SUI
Aftermath Perps SUIUSD