Funding you earn now, next payment 00:00 UTC−0.0328%/8h= −35.9% APRnext payment −$0.41 per $10,000 · paid last 24h −0.078%
Price spread now: Bluefin against Kraken Futures−0.119%7-day average −0.145% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$470.469% of the position
Funding, last 7 days+0.063%+$6 on $10k
+Price spread, last 3 days (all we have)−0.012%−$1 · spread now −0.119%, 7d avg −0.145%
=The price spread pays, funding is against you. Bluefin is 0.027% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.119% now, against its 7-day average of −0.145%): +$3 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 6 hours. Mind the row above: over the last 7 days funding on this pair paid +0.063%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.063% in total (about 3.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.41 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 | 1.0356 | 0.0273 | pay 0.0034% / 1h | 22m 09s | $7.2M | $24.1M | 50x |
| Short | Bluefin SUI-PERP | 1.0344 | −0.0055 | pay 0.0007% / 1h | 22m 09s | $593K | $406K | 25x |
Kraken Futures PF_SUIUSD
Bluefin SUI-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bluefin 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
- −$68.84
- Price spread: −0.119% → −0.145%
- $2.66
- Slippage, 4 orders
- −$29.88
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bluefin: 3.5 bp × 2 orders
- −$7
- Net
- −$113.06
- Costs to cover
- 0.469%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 2 min ago; Bluefin: live order book, 57 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 | 0.48 bp | 11.6 bp −$12 | 19.5 bp −$195 | 50.0 bp −$4,997 | doesn't fit |
| Sell Bluefin live order book, 57 min ago | 1.47 bp | 10.4 bp −$10 | 88.1 bp −$881 | 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 | −0.3474% | 1h | 1.0240 | −1.123% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0369% | 1h | 1.0344 | −0.121% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0320% | 1h | 1.0353 | −0.034% | $6K | $19K | 7x | as long as short |
| Bluefin SUI-PERPshort | −0.0055% | 1h | 1.0344 | −0.119% | $593K | $406K | 25x | |
| dYdX SUI-USD | 0.0000% | 1h | 1.0331 | −0.244% | $97K | $173K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0350 | −0.057% | $462K | $5.3M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0356 | −0.003% | $201K | $581K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0002% | 1h | 1.0356 | −0.003% | $119K | — | 150x | as long as short |
| 01 Exchange SUIUSD | +0.0088% | 1h | 1.0353 | −0.032% | $9K | $9K | 10x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0353 | −0.030% | $796K | $5.9M | 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
01 Exchange SUIUSD
Lighter SUIShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SUI | +0.0096% | 1h | 1.0357 | +0.006% | $261K | $2.0M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0349 | −0.071% | $40K | $496K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0356 | −0.003% | $46K | $328K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0341 | −0.148% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0342 | −0.138% | $599K | $1.4M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0354 | −0.019% | $1.0M | $4.7M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0336 | −0.196% | $224K | $260K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0351 | −0.048% | $152.4M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0346 | −0.098% | $103.8M | $307.4M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0341 | −0.148% | $41.5M | $387.0M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0350 | −0.061% | $46K | $387K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0338 | −0.180% | $243K | $2K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0351 | −0.051% | $165.7M | $81.3M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0346 | −0.100% | $150.1M | $291.3M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0345 | −0.109% | $51.8M | $52.5M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0343 | −0.129% | $68.0M | $168.0M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0345 | −0.109% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0350 | −0.061% | $665K | $1.1M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0350 | −0.058% | $2.3M | $2.8M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0337 | −0.183% | $168K | $4.4M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0367 | +0.100% | $455K | $7.0M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0336 | −0.196% | $234K | $442K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0359 | +0.026% | $108K | $775K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0361 | +0.045% | $2K | $1.9M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0351 | −0.051% | $6K | $2.3M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0353 | −0.032% | $645K | $18.5M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0351 | −0.051% | $11.6M | $24.9M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0350 | −0.063% | $1.4M | $3.8M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0362 | +0.055% | $49K | $37K | 3x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0354 | −0.022% | $8.0M | $24.2M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0224% | 1h | 1.0350 | −0.061% | $980K | $14.0M | 50x | as long as short |
| Kraken Futures PF_SUIUSDlong | +0.0273% | 1h | 1.0356 | long leg | $7.2M | $24.1M | 50x | |
| Phoenix SUI | +0.0327% | 1h | 1.0352 | −0.046% | $205K | $593K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0635% / S −0.0304% | 1h | 1.0354 | −0.022% | $895K | — | 100x | as long as short |
| Hyperliquid SUI | +0.0664% | 1h | 1.0366 | +0.094% | $75.0M | $80.9M | 10x | as long as short |
| Aftermath Perps SUIUSD | +0.0820% | 1h | 1.0353 | −0.034% | $93K | $382K | 10x | as long as short |
Lighter RH SUI
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
Arcus SUI-USD
Bulk SUI-USD
Gate SUI_USDT
MEXC SUI_USDT
KuCoin SUIUSDTM
Bitget SUIUSDT
BingX SUI-USDC
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
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Hyperliquid SUI
Aftermath Perps SUIUSD