Funding you earn now, next payment 01:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h −0.012%
Price spread now: Phemex against Kraken Futures−0.066%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$400.404% of the position
Funding, last 7 days−0.157%−$16 on $10k
+Price spread, last 3 days (all we have)+0.060%+$6 · spread now −0.066%, 7d avg −0.014%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.052% cheaper against Kraken Futures than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SUIUSD | 1.0488 | 0.0038 | pay 0.0005% / 1h | 35m 27s | $7.3M | $23.9M | 50x |
| Short | Phemex SUIUSDT | 1.0481 | 0.0037 | get 0.0037% / 8h | 7h 35m | $11.7M | $25.0M | 50x |
Kraken Futures PF_SUIUSD
Phemex SUIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- −$0.15
- Price spread: −0.066% → −0.014%
- −$5.18
- Slippage, 4 orders
- −$18.44
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$45.77
- Costs to cover
- 0.404%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 4 min ago; Phemex: live order book, 4 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, 4 min ago | 0.48 bp | 11.4 bp −$11 | 17.7 bp −$177 | 57.0 bp −$5,698 | doesn't fit |
| Sell Phemex live order book, 4 min ago | 0.96 bp | 9.5 bp −$9 | 20.6 bp −$206 | 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 | −0.3416% | 1h | 1.0330 | −1.506% | $42K | $123K | 12x | as long as short |
| Bluefin SUI-PERP | −0.0447% | 1h | 1.0381 | −1.019% | $595K | $408K | 25x | as long as short |
| Hibachi SUI/USDT-P | −0.0424% | 1h | 1.0484 | −0.035% | $6K | $19K | 7x | as long as short |
| Reya SUIRUSDPERP | −0.0371% | 1h | 1.0499 | +0.110% | $4K | $3K | 20x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0495 | +0.068% | $96K | $169K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0492 | +0.043% | $480K | $5.0M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0484 | −0.037% | $204K | $583K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0002% | 1h | 1.0490 | +0.021% | $121K | — | 150x | as long as short |
| Phemex SUIUSDTshort | +0.0037% | 8h | 1.0481 | −0.066% | $11.7M | $25.0M | 50x | |
| Kraken Futures PF_SUIUSDlong | +0.0038% | 1h | 1.0488 | long leg | $7.3M | $23.9M | 50x |
Injective SUI/USDC PERP
Bluefin SUI-PERP
Hibachi SUI/USDT-P
Reya SUIRUSDPERP
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USDShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUIUSD | +0.0072% | 1h | 1.0509 | +0.201% | $9K | $9K | 10x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0495 | +0.067% | $812K | $5.8M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0498 | +0.096% | $272K | $2.0M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0498 | +0.096% | $33K | $481K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0480 | −0.075% | $47K | $314K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0494 | +0.057% | $28K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0504 | +0.153% | $666K | $1.4M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0500 | +0.113% | $997K | $4.8M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0495 | +0.066% | $228K | $256K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0499 | +0.106% | $156.0M | $1.02B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0506 | +0.168% | $105.3M | $304.8M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0504 | +0.153% | $41.9M | $387.3M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0510 | +0.211% | $47K | $387K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0450 | −0.365% | $246K | $813 | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0499 | +0.106% | $169.1M | $80.6M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0497 | +0.087% | $154.1M | $293.0M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0488 | +0.001% | $51.2M | $52.9M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0502 | +0.134% | $69.3M | $165.8M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0508 | +0.191% | — | $81.4M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0478 | −0.095% | $681K | $1.1M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0488 | 0.000% | $2.4M | $2.9M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0449 | −0.373% | $170K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0444 | −0.419% | $452K | $7.3M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0479 | −0.085% | $241K | $479K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0512 | +0.230% | $120K | $757K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0504 | +0.153% | $3K | $1.9M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0484 | −0.037% | $6K | $2.3M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0484 | −0.037% | $648K | $18.6M | 75x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0507 | +0.180% | $1.5M | $3.9M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0487 | −0.006% | $40K | $16K | 3x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0200% | 1h | 1.0498 | +0.096% | $1.0M | $14.4M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0472 | −0.152% | $8.1M | $24.3M | 100x | as long as short |
| Phoenix SUI | +0.0299% | 1h | 1.0503 | +0.149% | $208K | $590K | 10x | as long as short |
| Hyperliquid SUI | +0.0380% | 1h | 1.0500 | +0.115% | $76.4M | $78.8M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0639% / S −0.0324% | 1h | 1.0490 | +0.024% | $913K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.0871% | 1h | 1.0456 | −0.304% | $93K | $368K | 10x | as long as short |
01 Exchange SUIUSD
Lighter SUI
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-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
HTX SUI-USDT
Extended SUI-USD
Aevo SUI-PERP
Coinbase International SUI-PERP-INTX
BloFin SUI-USDT
Phoenix SUI
Hyperliquid SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD