Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.8638+0.0206pay 0.0026% / 1h16m 21s$4.7M$4.9M50xLong Kraken Futures
SHORT0.8641−0.0092pay 0.0092% / 8h16m 21s$11.8M$15.2M50xShort Phemex
Price gap+0.035%
Funding gap−0.0298% /8h

Both sides work against this direction now: funding costs $9 a day on $10k and the gap is 0.021% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$15−0.0298% /8h now · paid +0.147% over the last 7D
Price−$2spread +0.035% now, avg +0.056% → −0.021% if it goes back
Costs−$330.335% of $10k · taker + slippage, in and out
Result−$21−0.21%no points

The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.147% in total, about +0.0070%/8h on average.

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.035%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

SUI on 46 exchanges

lowest funding first

Before you open

1 ok · 3 to watch
  • OK: Fits both order books10.6 / 7.2 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$200 + $200
    Kraken Futures 50x, Phemex 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 8h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$8.94Long Kraken Futures: 24 payments, −$6.18; short Phemex: 3 payments, −$2.77.
  • Watch: Gap narrower than usual+0.035% vs +0.056%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Note: Long leg is thinner$4.7M vs $11.8M OI
    Both legs are deep; Kraken Futures is the smaller one.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCKraken Futures Yes · Phemex Yes
    Full verification; not offered in the US (a separate US product), Canada, Australia (wholesale only) or to retail UK clients.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0070%/8h × 21 periods+$14.68
Price spread+0.035% → +0.056% (7d avg)−$2.12
Slippage, 4 orderslive order books−$11.47
Fee Kraken Futures bp × 2 orders−$10.00
Fee Phemex bp × 2 orders−$12.00
Net · 7 days · $10k−$20.90
Costs to cover0.335%Break-even17.0 days
Slippage: Kraken Futures: live order book, 3 min ago; Phemex: live order book, 8 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGKraken Futures2.9010.6 bp−$1114.5 bp−$14536.4 bp−$3,642doesn’t fit
SELL · SHORTPhemex0.587.2 bp−$717.2 bp−$17266.5 bp−$6,649doesn’t fit

Closing costs about the same again.

Alert

SUI news

posts that mention SUI, from every exchange
11-01 12:36BinanceOtherLatest Withdrawal Update Withdrawals have now been re-enabled for the following networks and assets: New: ✅ ZEC: ZEC ✅ TON: USDT, GRAM ✅ SUI: SUI Already Enabled: ✅ BTC: BTC ✅ ETH: ETH, USDT, USDC ✅ BSC: BNB, USDT, USDC ✅ XRP: XRP ✅ Base: ETH, USDC ✅ DOGE: DOGE ✅ OP (Optimism): ETH, USDT, USDC ✅ ARBITRUM: ARB, ETH, USDT, USDC ✅ TRX: TRX, USDT ✅ SOL: SOL, USDT, USDC ✅ MATIC (Polygon): POL, USDT, USDC ✅ AVAXC: AVAX, USDT, USDC We will continue to restore additional assets and networks in phases as security checks are completed. Further updates will be shared through official Binance channels. @binance on X ↗
10-28 16:00OKXOtherEurope, your next X Drops basket is here. ZEC, NEAR, SUI, TAO, PEPE, WLD, LINK, PUMP, ONDO and ZAMA are in, with 3.4M $ZAMA up for grabs. Trade @zama for 3× rewards. @okx on X ↗
10-23 09:05ReyaListingnew market SUIRUSDPERP ($SUI) seen by our collector
10-13 15:13OKXOtherEurope, your next X Drops club is here. near:native, $ZEC, $XRP, $ONDO, $ENA, $SUI, $TAO, $HYPE, $PUMP, $LIT and $ZRO are in, with 38,000 near:native up for grabs. Join the drop. @okx on X ↗
10-13 10:00HTXContestTrade 15 Hot Cryptos, Share $150,000! HTX Spot Hot Token Challenge goes live. Climb the leaderboard, grab exclusive new user perks, and enjoy volume boosts with 3x rewards. Eligible Assets: BTC, ETH, XMR, SOL, LTC, TRX, XRP, DOGE, BTW, ZEC, ADA, UNI, GRAM, FIL, SUI! Register Now >> @HTX_Global on X ↗
10-08 17:48OKXOtherEurope, your next X Drops are here. LIT, SOL, XRP, NEAR, SUI, ADA, ZEC, HYPE, DOGE, and TAO are in, with 54,000 $LIT up for grabs. Trade @Lighter_xyz for 3× rewards. @okx on X ↗