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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0187%/8h= −20.5% APRpaid last 24h −0.011%
Price spread now: KuCoin against Kraken Futures−0.095%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$500.504% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.091%−$9 on $10k
Price spread, last 4 days (all we have)+0.007%+$1 · spread now −0.095%, 7d avg −0.018%
Together, before fees−0.085%−$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and KuCoin is 0.077% cheaper against Kraken Futures than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.018%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.091% in total (about -4.8% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_SUIUSD1.04570.0287pay 0.0036% / 1h5m 14s$6.9M$27.0M50x
ShortKuCoin SUIUSDTM1.04470.0100get 0.0100% / 8h5h 05m$50.4M$54.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$39.33
Price spread: −0.095% → −0.018%
−$7.66
Slippage, 4 orders
−$28.39
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$97.38
Costs to cover
0.504%
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 4 min ago; KuCoin: 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 ago4.77 bp14.2 bp −$1421.9 bp −$21944.6 bp −$4,458doesn't fit
Sell KuCoin live order book, 4 min ago0.95 bp11.3 bp −$1126.7 bp −$267116.8 bp −$11.7Kdoesn'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−0.3542%1h1.0340−1.118%$43K$123K12xas long as short
Reya SUIRUSDPERP−0.0374%1h1.0457+0.003%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0272%1h1.0454−0.031%$6K$19K7xas long as short
dYdX SUI-USD0.0000%1h1.0445−0.114%$131K$227K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0482+0.239%$530K$4.9M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0447−0.095%$203K$574K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0444−0.123%$114K150xas long as short
Lighter SUI+0.0096%1h1.0474+0.168%$837K$5.6M10xas long as short
Lighter RH SUI+0.0096%1h1.0475+0.171%$285K$2.1M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0466+0.087%$38K$512K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex SUI-USD-PERP+0.0100%8h1.0456−0.011%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0467+0.096%$719K$1.9M10xas long as short
Aster SUIUSDT+0.0100%8h1.0453−0.037%$915K$4.6M75xas long as short
Pacifica SUI+0.0100%1h1.0455−0.020%$228K$259K10xas long as short
Binance SUIUSDT+0.0100%8h1.0478+0.197%$153.3M$1.03B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0479+0.212%$103.6M$310.0M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0478+0.202%$41.4M$390.9M50xas long as short
Arcus SUI-USD+0.0100%1h1.0470+0.125%$45K$373K10xas long as short
Bulk SUI-USD+0.0100%1h1.0562+1.006%$248K$6K10xas long as short
Gate SUI_USDT+0.0100%8h1.0477+0.192%$168.0M$83.9M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0476+0.183%$152.1M$297.0M300xas long as short
KuCoin SUIUSDTMshort+0.0100%8h1.0447−0.095%$50.4M$54.1M75x
Bitget SUIUSDT+0.0100%8h1.0475+0.173%$68.7M$170.6M75xas long as short
BingX SUI-USDC+0.0100%8h1.0478+0.202%$6.5Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0473+0.154%$700K$1.3M20xas long as short
Variational Omni SUI+0.0100%8h1.0449−0.071%$2.4M$3.3Mas long as short
edgeX SUIUSDC+0.0100%4h1.0471+0.136%$171K$4.6M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0486+0.275%$458K$7.5M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0508+0.489%$236K$485K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0473+0.154%$114K$751K10xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0443−0.133%$48K$221K20xas long as short
Bluefin SUI-PERP+0.0100%1h1.0431−0.248%$597K$403K25xas long as short
SunX SUI-USDT+0.0100%8h1.0457+0.001%$2K$1.8M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0453−0.037%$14K$2.1M10xas long as short
HTX SUI-USDT+0.0100%8h1.0452−0.047%$594K$19.7M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0476+0.183%$12.0M$26.7M50xas long as short
Extended SUI-USD+0.0104%1h1.0443−0.130%$1.5M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0446−0.106%$40K$11K3xas long as short
01 Exchange SUIUSD+0.0176%1h1.0471+0.135%$9K$3K10xas long as short
Coinbase International SUI-PERP-INTX+0.0176%1h1.0480+0.221%$1.0M$15.0M50xas long as short
BloFin SUI-USDT+0.0220%8h1.0476+0.183%$8.1M$25.1M100xas long as short
Kraken Futures PF_SUIUSDlong+0.0287%1h1.0457long leg$6.9M$27.0M50x
Phoenix SUI+0.0362%1h1.0468+0.106%$212K$561K10xas long as short
Hyperliquid SUI+0.0614%1h1.0489+0.307%$76.2M$81.9M10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0616% / S −0.0267%1h1.0442−0.146%$967K100xas long as short
Aftermath Perps SUIUSD+0.1488%1h1.0513+0.536%$84K$391K10xas long as short