Settings8H · net · $10k
Funding arb · Price arb /

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0166%/8h= +18.2% APRpaid last 24h −0.014%
Price spread now: Bybit against Kraken Futures−0.090%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$420.421% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.126%−$13 on $10k
Price spread, last 4 days (all we have)+0.056%+$6 · spread now −0.090%, 7d avg −0.034%
Together, before fees−0.070%−$7 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.055% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.090% now, against its 7-day average of −0.034%). If the spread goes back, that is −$6 on $10k: about 27 hours of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.126%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_SUIUSD1.0373−0.0066get 0.0008% / 1h55m 00s$6.8M$26.9M50x
ShortBybit SUIUSDT1.03640.0100get 0.0100% / 8h3h 55m$101.8M$310.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$34.96
Price spread: −0.090% → −0.034%
−$5.55
Slippage, 4 orders
−$21.09
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$12.68
Costs to cover
0.421%
Break-even
9.5 days
Slippage from Kraken Futures: live order book, 4 min ago; Bybit: live order book, 4 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, 4 min ago1.93 bp12.6 bp −$1315.9 bp −$15938.1 bp −$3,807doesn't fit
Sell Bybit live order book, 4 min ago0.48 bp6.7 bp −$714.5 bp −$14544.2 bp −$4,421doesn'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−0.3470%1h1.0250−1.184%$42K$123K12xas long as short
Reya SUIRUSDPERP−0.0376%1h1.0354−0.182%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0312%1h1.0356−0.167%$6K$19K7xas long as short
Kraken Futures PF_SUIUSDlong−0.0066%1h1.0373long leg$6.8M$26.9M50x
dYdX SUI-USD0.0000%1h1.0361−0.113%$130K$227K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0359−0.133%$496K$5.0M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0363−0.095%$201K$573K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0359−0.133%$116K150xas long as short
Bluefin SUI-PERP+0.0015%1h1.0350−0.220%$592K$406K25xas long as short
Lighter SUI+0.0096%1h1.0370−0.027%$801K$5.4M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SUI+0.0096%1h1.0369−0.036%$299K$2.2M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0360−0.123%$42K$511K50xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0361−0.117%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0355−0.167%$584K$2.1M10xas long as short
Aster SUIUSDT+0.0100%8h1.0361−0.114%$906K$4.6M75xas long as short
Pacifica SUI+0.0100%1h1.0365−0.074%$224K$259K10xas long as short
Binance SUIUSDT+0.0100%8h1.0368−0.049%$150.3M$1.03B75xas long as short
Bybit SUIUSDTshort+0.0100%8h1.0364−0.090%$101.8M$310.0M50x
OKX SUI-USDT-SWAP+0.0100%8h1.0362−0.104%$40.7M$388.6M50xas long as short
Arcus SUI-USD+0.0100%1h1.0360−0.123%$44K$330K10xas long as short
Bulk SUI-USD+0.0100%1h1.0339−0.326%$243K$6K10xas long as short
Gate SUI_USDT+0.0100%8h1.0378+0.050%$170.1M$80.9M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0380+0.069%$153.1M$291.9M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0363−0.095%$50.0M$53.9M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0358−0.143%$67.6M$172.5M75xas long as short
BingX SUI-USDC+0.0100%8h1.0379+0.060%$6.5Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0378+0.050%$656K$1.4M20xas long as short
Variational Omni SUI+0.0100%8h1.0363−0.098%$2.5M$3.4Mas long as short
edgeX SUIUSDC+0.0100%4h1.0362−0.105%$170K$4.5M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0356−0.164%$452K$7.6M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0364−0.085%$228K$429K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0365−0.075%$123K$746K10xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0362−0.104%$48K$144K20xas long as short
SunX SUI-USDT+0.0100%8h1.0348−0.239%$2K$1.7M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0366−0.066%$14K$2.1M10xas long as short
HTX SUI-USDT+0.0100%8h1.0376+0.031%$584K$19.7M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0374+0.012%$11.9M$26.8M50xas long as short
Extended SUI-USD+0.0104%1h1.0353−0.188%$1.4M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0369−0.042%$39K$11K3xas long as short
01 Exchange SUIUSD+0.0144%1h1.0361−0.114%$9K$2K10xas long as short
BloFin SUI-USDT+0.0220%8h1.0379+0.060%$7.9M$24.9M100xas long as short
Coinbase International SUI-PERP-INTX+0.0248%1h1.0369−0.037%$977K$15.0M50xas long as short
Phoenix SUI+0.0390%1h1.0371−0.022%$210K$415K10xas long as short
Hyperliquid SUI+0.0395%1h1.0392+0.185%$75.1M$81.6M10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0612% / S −0.0267%1h1.0356−0.158%$957K100xas long as short
Aftermath Perps SUIUSD+0.1505%1h1.0371−0.021%$83K$402K10xas long as short