Funding you earn now, next payment 23:00 UTC−0.0196%/8h= −21.5% APRpaid last 24h −0.001%
Price spread now: HTX against Kraken Futures−0.239%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$390.388% of the position
Funding, last 7 days−0.043%−$4 on $10k
+Price spread, last 3 days (all we have)+0.220%+$22 · spread now −0.239%, 7d avg −0.013%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and HTX is 0.226% cheaper against Kraken Futures than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of −0.013%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.043% in total (about -2.2% 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 | 1.0262 | 0.0296 | pay 0.0037% / 1h | 6m 50s | $7.2M | $24.1M | 50x |
| Short | HTX SUI-USDT | 1.0237 | 0.0100 | get 0.0100% / 8h | 1h 06m | $630K | $18.5M | 75x |
Kraken Futures PF_SUIUSD
HTX SUI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$41.18
- Price spread: −0.239% → −0.013%
- −$22.58
- Slippage, 4 orders
- −$16.76
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$102.53
- Costs to cover
- 0.388%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 2 min ago; HTX: live order book, 2 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 | 1.46 bp | 10.2 bp −$10 | 16.0 bp −$160 | 38.3 bp −$3,831 | doesn't fit |
| Sell HTX live order book, 2 min ago | 1.95 bp | 9.3 bp −$9 | 14.3 bp −$143 | 33.3 bp −$3,331 | 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 | −0.2926% | 1h | 1.0157 | −1.019% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0368% | 1h | 1.0249 | −0.125% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0272% | 1h | 1.0223 | −0.373% | $6K | $19K | 7x | as long as short |
| Bluefin SUI-PERP | −0.0146% | 1h | 1.0240 | −0.210% | $587K | $404K | 25x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0229 | −0.321% | $93K | $66K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0243 | −0.184% | $457K | $5.5M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0257 | −0.044% | $190K | $575K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0002% | 1h | 1.0252 | −0.094% | $119K | — | 150x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0257 | −0.042% | $785K | $5.9M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0262 | +0.008% | $259K | $2.0M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
Bluefin SUI-PERP
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
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 | 1.0246 | −0.151% | $37K | $500K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0099% | 8h | 1.0252 | −0.093% | $45K | $330K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0229 | −0.319% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0246 | −0.147% | $593K | $1.4M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0262 | +0.004% | $1.0M | $4.5M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0230 | −0.308% | $222K | $263K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0264 | +0.020% | $150.9M | $1.02B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0264 | +0.028% | $102.8M | $306.5M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0263 | +0.014% | $41.1M | $382.7M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0240 | −0.210% | $45K | $387K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0242 | −0.189% | $241K | $2K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0262 | +0.005% | $164.8M | $81.0M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0261 | −0.005% | $148.5M | $297.8M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0257 | −0.044% | $51.5M | $52.1M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0259 | −0.025% | $67.7M | $168.3M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0261 | −0.005% | — | $81.6M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0260 | −0.015% | $650K | $1.1M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0240 | −0.209% | $2.3M | $2.8M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0239 | −0.218% | $165K | $4.4M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0242 | −0.190% | $444K | $7.0M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0244 | −0.171% | $232K | $441K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0258 | −0.034% | $107K | $793K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0262 | +0.005% | $2K | $1.9M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0257 | −0.044% | $6K | $2.4M | 10x | as long as short |
| HTX SUI-USDTshort | +0.0100% | 8h | 1.0237 | −0.239% | $630K | $18.5M | 75x | |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0250 | −0.112% | $11.5M | $24.7M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0260 | −0.016% | $1.4M | $3.7M | 50x | as long as short |
| 01 Exchange SUIUSD | +0.0104% | 1h | 1.0244 | −0.171% | $9K | $9K | 10x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0257 | −0.040% | $48K | $37K | 3x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0247 | −0.142% | $7.9M | $23.7M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0248% | 1h | 1.0252 | −0.093% | $974K | $13.9M | 50x | as long as short |
| Kraken Futures PF_SUIUSDlong | +0.0296% | 1h | 1.0262 | long leg | $7.2M | $24.1M | 50x | |
| Phoenix SUI | +0.0346% | 1h | 1.0252 | −0.091% | $203K | $574K | 10x | as long as short |
| Hyperliquid SUI | +0.0528% | 1h | 1.0272 | +0.102% | $73.4M | $80.2M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0637% / S −0.0309% | 1h | 1.0252 | −0.092% | $895K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.0754% | 1h | 1.0251 | −0.099% | $93K | $381K | 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
Arcus SUI-USD
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
Phemex SUIUSDT
Extended SUI-USD
01 Exchange SUIUSD
Aevo SUI-PERP
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Phoenix SUI
Hyperliquid SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD