Funding arb · Price arb /

SUI

all SUI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0167%/8h= +18.3% APRpaid last 24h −0.021%

Price spread now: Bitget against Kraken Futures−0.121%7-day average −0.049% · you buy dearer than you sell

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$400.396% of the position

Long on Kraken Futures Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.125%−$12 on $10k

Price spread, last 4 days (all we have)+0.045%+$5 · spread now −0.121%, 7d avg −0.049%

Together, before fees−0.079%−$8 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.072% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.121% now, against its 7-day average of −0.049%). If the spread goes back, that is −$7 on $10k: about 35 hours of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.125%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_SUIUSD	1.0226	−0.0067	get 0.0008% / 1h	9m 58s	$6.7M	$24.8M	50x
Short	Bitget SUIUSDT	1.0214	0.0100	get 0.0100% / 8h	3h 09m	$66.8M	$173.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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

Position, each leg$Hold fordaysFee Kraken FuturesbpFee BitgetbpOrdersPrice spread, now −0.121%Rate

Funding earned: $35.16
Price spread: −0.121% → −0.049%: −$7.23
Slippage, 4 orders: −$17.63
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$11.7
Costs to cover: 0.396%
Break-even: 9.3 days

Slippage from Kraken Futures: live order book, 4 min ago; Bitget: live order book, 4 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, 4 min ago	1.46 bp	10.1 bp −$10	17.5 bp −$175	36.4 bp −$3,637	doesn't fit
Sell Bitget live order book, 4 min ago	0.98 bp	9.2 bp −$9	13.3 bp −$133	28.1 bp −$2,805	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	−0.3470%	1h	1.0147	−0.776%	$42K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0377%	1h	1.0219	−0.070%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0144%	1h	1.0230	+0.038%	$6K	$19K	7x	as long as short
Kraken Futures PF_SUIUSDlong	−0.0067%	1h	1.0226	long leg	$6.7M	$24.8M	50x
dYdX SUI-USD	0.0000%	1h	1.0227	+0.006%	$128K	$227K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0225	−0.011%	$480K	$5.0M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0223	−0.033%	$199K	$572K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0219	−0.068%	$115K	—	150x	as long as short
Bluefin SUI-PERP	+0.0040%	1h	1.0209	−0.170%	$586K	$405K	25x	as long as short
Lighter SUI	+0.0096%	1h	1.0227	+0.008%	$772K	$5.5M	10x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SUI	+0.0096%	1h	1.0230	+0.033%	$304K	$2.2M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0227	+0.006%	$46K	$517K	50x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0228	+0.016%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0214	−0.121%	$579K	$2.1M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0220	−0.058%	$882K	$4.5M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0231	+0.041%	$221K	$256K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0219	−0.072%	$145.6M	$1.03B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0217	−0.095%	$100.6M	$308.6M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0215	−0.111%	$40.0M	$384.7M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0230	+0.035%	$43K	$330K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0243	+0.162%	$241K	$3K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0214	−0.121%	$167.4M	$83.2M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0217	−0.092%	$152.9M	$296.1M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0218	−0.082%	$50.4M	$54.0M	75x	as long as short
Bitget SUIUSDTshort	+0.0100%	8h	1.0214	−0.121%	$66.8M	$173.8M	75x
BingX SUI-USDC	+0.0100%	8h	1.0217	−0.092%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0215	−0.111%	$634K	$1.3M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0223	−0.037%	$2.4M	$3.4M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0247	+0.200%	$166K	$4.5M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0241	+0.143%	$438K	$7.5M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0248	+0.211%	$224K	$434K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0225	−0.014%	$123K	$723K	10x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0219	−0.072%	$47K	$181K	20x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0248	+0.211%	$2K	$1.7M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0225	−0.014%	$14K	$2.0M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0223	−0.033%	$591K	$19.4M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0223	−0.033%	$11.8M	$27.3M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0214	−0.119%	$1.4M	$4.1M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0224	−0.022%	$39K	$11K	3x	as long as short
01 Exchange SUIUSD	+0.0144%	1h	1.0229	+0.025%	$9K	$3K	10x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0231	+0.045%	$7.6M	$24.6M	100x	as long as short
Coinbase International SUI-PERP-INTX	+0.0248%	1h	1.0222	−0.043%	$989K	$15.0M	50x	as long as short
Hyperliquid SUI	+0.0347%	1h	1.0225	−0.014%	$73.5M	$81.4M	10x	as long as short
Phoenix SUI	+0.0408%	1h	1.0251	+0.238%	$215K	$415K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0599% / S −0.0260%	1h	1.0219	−0.072%	$934K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1469%	1h	1.0245	+0.177%	$82K	$405K	10x	as long as short