Funding arb · Price arb /

SUI

all SUI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0062%/8h= +6.8% APRpaid last 24h +0.014%

Price spread now: Kraken Futures against OKX+0.065%7-day average +0.055% · you sell dearer than you buy

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$420.423% of the position

Long on OKX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.107%+$11 on $10k

Price spread, last 4 days (all we have)0.000%$0 · spread now +0.065%, 7d avg +0.055%

Together, before fees+0.106%+$11 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.055%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SUI-USDT-SWAP	1.0389	0.0100	pay 0.0100% / 8h	4h 22m	$41.0M	$389.7M	50x
Short	Kraken Futures PF_SUIUSD	1.0396	0.0162	get 0.0020% / 1h	22m 51s	$6.9M	$27.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against OKX. 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

Position, each leg$Hold fordaysFee OKXbpFee Kraken FuturesbpOrdersPrice spread, now +0.065%Rate

Funding earned: $13.04
Price spread: +0.065% → +0.055%: $1.04
Slippage, 4 orders: −$22.3
Fee OKX: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$28.21
Costs to cover: 0.423%
Break-even: 22.1 days

Slippage from OKX: live order book, 1 min ago; Kraken Futures: live order book, 1 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 OKX live order book, 1 min ago	0.48 bp	6.7 bp −$7	14.1 bp −$141	56.5 bp −$5,654	doesn't fit
Sell Kraken Futures live order book, 1 min ago	1.92 bp	14.0 bp −$14	19.9 bp −$199	42.5 bp −$4,249	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	−0.3244%	1h	1.0342	−0.452%	$43K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0375%	1h	1.0380	−0.088%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0320%	1h	1.0437	+0.467%	$6K	$19K	7x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0384	−0.048%	$130K	$227K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0392	+0.028%	$508K	$5.0M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0396	+0.067%	$202K	$573K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0391	+0.022%	$116K	—	150x	as long as short
Lighter SUI	+0.0096%	1h	1.0395	+0.054%	$828K	$5.6M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0393	+0.040%	$301K	$2.2M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0385	−0.039%	$41K	$517K	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex SUI-USD-PERP	+0.0100%	8h	1.0388	−0.014%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0387	−0.019%	$577K	$2.1M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0392	+0.024%	$915K	$4.6M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0390	+0.010%	$224K	$260K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0392	+0.029%	$151.0M	$1.04B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0390	+0.010%	$102.1M	$310.9M	50x	as long as short
OKX SUI-USDT-SWAPlong	+0.0100%	8h	1.0389	long leg	$41.0M	$389.7M	50x
Arcus SUI-USD	+0.0100%	1h	1.0390	+0.010%	$44K	$373K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0408	+0.182%	$245K	$6K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0391	+0.019%	$166.5M	$83.7M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0391	+0.019%	$153.2M	$297.1M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0387	−0.019%	$49.7M	$54.1M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0380	−0.087%	$67.8M	$172.6M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0393	+0.039%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0392	+0.029%	$663K	$1.4M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0450	+0.583%	$2.5M	$3.4M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0442	+0.512%	$171K	$4.5M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0468	+0.756%	$456K	$7.7M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0448	+0.568%	$232K	$487K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0390	+0.010%	$124K	$758K	10x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0393	+0.039%	$48K	$181K	20x	as long as short
Bluefin SUI-PERP	+0.0100%	1h	1.0379	−0.096%	$594K	$406K	25x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0371	−0.173%	$2K	$1.8M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0394	+0.048%	$14K	$2.1M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0383	−0.058%	$568K	$19.6M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0397	+0.077%	$11.9M	$26.8M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0386	−0.026%	$1.5M	$4.1M	50x	as long as short
01 Exchange SUIUSD	+0.0104%	1h	1.0387	−0.019%	$9K	$2K	10x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0400	+0.101%	$39K	$11K	3x	as long as short
Kraken Futures PF_SUIUSDshort	+0.0162%	1h	1.0396	+0.065%	$6.9M	$27.0M	50x
Coinbase International SUI-PERP-INTX	+0.0216%	1h	1.0396	+0.067%	$974K	$15.0M	50x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0399	+0.096%	$7.9M	$24.9M	100x	as long as short
Hyperliquid SUI	+0.0359%	1h	1.0395	+0.058%	$75.5M	$81.4M	10x	as long as short
Phoenix SUI	+0.0390%	1h	1.0426	+0.352%	$212K	$421K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0614% / S −0.0267%	1h	1.0390	+0.011%	$960K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1494%	1h	1.0433	+0.424%	$84K	$397K	10x	as long as short