Funding you earn now, next payment 09:00 UTC−0.0185%/8h= −20.2% APRpaid last 24h −0.020%
Price spread now: Variational Omni against Kraken Futures+0.212%7-day average +0.002% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.032%−$3 on $10k
+Price spread, last 4 days (all we have)−0.241%−$24 · spread now +0.212%, 7d avg +0.002%
=Together, before fees−0.274%+ Points / potential airdropVariational Omni: Active · farm board−$27 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.210% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.212% now, against its 7-day average of +0.002%): +$21 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 3.8 days. At the pace of the last 4 days (−0.032% in total) that is about 24 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.032% in total (about -3.2% 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 | 1.0114 | 0.0285 | pay 0.0036% / 1h | 56m 14s | $6.8M | $21.5M | 50x |
| Short | Variational Omni SUI | 1.0135 | 0.0100 | get 0.0100% / 8h | 7h 56m | $2.4M | $3.3M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$38.76
- Price spread: +0.212% → +0.002%
- $21
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$27.76
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Kraken Futures: live order book, 3 min ago; Variational Omni: RFQ quote, 3 min ago. Net counts fees only.
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, 3 min ago | 0.49 bp | 14.2 bp −$14 | 18.0 bp −$180 | 35.9 bp −$3,588 | doesn't fit |
| Sell Variational Omni RFQ quote, 3 min ago | 3.26 bp | doesn't fit | 8.8 bp −$88 | 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 | −0.3240% | 1h | 1.0041 | −0.719% | $41K | $113K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0382% | 1h | 1.0117 | +0.033% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0240% | 1h | 1.0139 | +0.248% | $5K | $18K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0135 | +0.214% | $95K | $257K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0130 | +0.158% | $377K | $4.2M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0114 | +0.003% | $194K | $537K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0114 | +0.003% | $114K | — | 150x | as long as short |
| Bluefin SUI-PERP | +0.0075% | 1h | 1.0101 | −0.126% | $579K | $453K | 25x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0116 | +0.027% | $747K | $4.8M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0117 | +0.032% | $300K | $2.1M | 10x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex SUIUSDT | +0.0096% | 1h | 1.0126 | +0.121% | $43K | $529K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0113 | −0.007% | $47K | $367K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0130 | +0.158% | $26K | $8K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0129 | +0.146% | $675K | $2.2M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0116 | +0.018% | $898K | $4.2M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0134 | +0.200% | $216K | $251K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0114 | +0.003% | $144.9M | $985.1M | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0109 | −0.047% | $97.4M | $307.4M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0109 | −0.047% | $40.8M | $364.2M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0140 | +0.260% | $43K | $321K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0140 | +0.256% | $232K | $7K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0115 | +0.013% | $167.3M | $79.0M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0114 | +0.003% | $99.2M | $286.2M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0113 | −0.007% | $50.8M | $51.7M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0105 | −0.086% | $66.8M | $167.5M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0109 | −0.047% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0106 | −0.076% | $662K | $1.3M | 20x | as long as short |
| Variational Omni SUIshort | +0.0100% | 8h | 1.0135 | +0.212% | $2.4M | $3.3M | — | |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0128 | +0.138% | $164K | $4.2M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0131 | +0.170% | $434K | $7.0M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0123 | +0.092% | $204K | $371K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0124 | +0.102% | $122K | $522K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0136 | +0.220% | $2K | $1.6M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0112 | −0.017% | $7K | $1.6M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0106 | −0.076% | $633K | $18.2M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0123 | +0.092% | $11.7M | $28.2M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0108 | −0.058% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0117 | +0.037% | $38K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0136% | 1h | 1.0128 | +0.141% | $8K | $3K | 10x | as long as short |
| Hyperliquid SUI | +0.0157% | 1h | 1.0132 | +0.181% | $73.0M | $77.6M | 10x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0142 | +0.280% | $7.5M | $24.4M | 100x | as long as short |
| Kraken Futures PF_SUIUSDlong | +0.0285% | 1h | 1.0114 | long leg | $6.8M | $21.5M | 50x | |
| Coinbase International SUI-PERP-INTX | +0.0360% | 1h | 1.0141 | +0.270% | $1.0M | $14.2M | 50x | as long as short |
| Phoenix SUI | +0.0393% | 1h | 1.0149 | +0.349% | $201K | $389K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0599% / S −0.0263% | 1h | 1.0113 | −0.009% | $930K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1247% | 1h | 1.0137 | +0.230% | $82K | $409K | 10x | as long as short |
Kraken Futures PF_SUIUSD
Variational Omni SUI
Injective SUI/USDC PERP
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Bluefin SUI-PERP
Lighter SUI
Lighter RH SUI
Popdex SUIUSDT
Paradex SUI-USD-PERP
Aster SUIUSDT
Pacifica SUI
Binance SUIUSDT
Bybit SUIUSDT
OKX SUI-USDT-SWAP
Bulk SUI-USD
Gate SUI_USDT
MEXC SUI_USDT
KuCoin SUIUSDTM
Bitget SUIUSDT
BingX SUI-USDC
Backpack SUI_USDC_PERP
edgeX SUIUSDC
GRVT SUI_USDT_Perp
ApeX Omni SUIUSDT
Polymarket Perps SUI-USD
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
Extended SUI-USD
01 Exchange SUIUSD
Hyperliquid SUI
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD