Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.027%
Price spread now: Kalshi against Orderly−0.033%7-day average −0.198% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.204%−$20 on $10k
+Price spread, last 4 days (all we have)+0.041%+$4 · spread now −0.033%, 7d avg −0.198%
=The price spread pays, funding is against you. Kalshi is 0.166% dearer against Orderly than usual: you sell high and buy low (spread −0.033% now, against its 7-day average of −0.198%): +$17 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_SUI_USDC | 1.0404 | 0.0100 | pay 0.0100% / 8h | 4h 21m | $48K | $181K | 20x |
| Short | Kalshi KXSUIPERP | 1.0401 | 0 | get 0.0000% / 8h | 21m 32s | $508K | $5.0M | 2.5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against Orderly. 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
- −$21
- Price spread: −0.033% → −0.198%
- $16.58
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$20.42
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: Orderly: no order-book sample; Kalshi: live order book, 2 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Kalshi live order book, 2 min ago | 8.42 bp | 13.4 bp −$13 | 18.3 bp −$183 | doesn't fit | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.596% | $43K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0375% | 1h | 1.0381 | −0.218% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0320% | 1h | 1.0396 | −0.080% | $6K | $19K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0397 | −0.067% | $130K | $227K | 10x | as long as short |
| Kalshi KXSUIPERPshort | 0.0000% | 8h | 1.0401 | −0.033% | $508K | $5.0M | 2.5x | |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0407 | +0.029% | $202K | $573K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0399 | −0.048% | $117K | — | 150x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0396 | −0.077% | $828K | $5.6M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0398 | −0.056% | $302K | $2.2M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0390 | −0.135% | $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 | 1.0387 | −0.162% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0385 | −0.187% | $580K | $2.1M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0392 | −0.114% | $914K | $4.6M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0397 | −0.068% | $225K | $260K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0389 | −0.144% | $151.0M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0390 | −0.135% | $102.1M | $311.1M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0385 | −0.183% | $41.0M | $389.3M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0390 | −0.135% | $44K | $373K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0408 | +0.037% | $245K | $6K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0391 | −0.125% | $168.1M | $84.0M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0390 | −0.135% | $153.2M | $297.4M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0396 | −0.077% | $49.8M | $54.0M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0382 | −0.211% | $67.8M | $172.6M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0386 | −0.173% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0390 | −0.135% | $662K | $1.4M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0450 | +0.438% | $2.5M | $3.4M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0389 | −0.144% | $170K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0393 | −0.104% | $448K | $7.6M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0448 | +0.423% | $232K | $487K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0396 | −0.077% | $124K | $756K | 10x | as long as short |
| Orderly PERP_SUI_USDClong | +0.0100% | 8h | 1.0404 | long leg | $48K | $181K | 20x | |
| Bluefin SUI-PERP | +0.0100% | 1h | 1.0390 | −0.135% | $595K | $406K | 25x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0388 | −0.154% | $2K | $1.8M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0398 | −0.058% | $14K | $2.1M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0395 | −0.087% | $569K | $19.6M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0391 | −0.125% | $11.9M | $26.8M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0380 | −0.228% | $1.4M | $4.1M | 50x | as long as short |
| 01 Exchange SUIUSD | +0.0104% | 1h | 1.0388 | −0.154% | $9K | $2K | 10x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0408 | +0.034% | $40K | $11K | 3x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0162% | 1h | 1.0400 | −0.041% | $6.9M | $27.0M | 50x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0216% | 1h | 1.0413 | +0.087% | $975K | $15.0M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0399 | −0.048% | $7.9M | $24.9M | 100x | as long as short |
| Hyperliquid SUI | +0.0358% | 1h | 1.0409 | +0.048% | $75.5M | $81.4M | 10x | as long as short |
| Phoenix SUI | +0.0390% | 1h | 1.0403 | −0.007% | $211K | $421K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0615% / S −0.0267% | 1h | 1.0398 | −0.059% | $961K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1496% | 1h | 1.0426 | +0.210% | $83K | $397K | 10x | as long as short |
Kalshi KXSUIPERP
Injective SUI/USDC PERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
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
Variational Omni SUI
edgeX SUIUSDC
GRVT SUI_USDT_Perp
ApeX Omni SUIUSDT
Polymarket Perps SUI-USD
Bluefin SUI-PERP
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
Extended SUI-USD
01 Exchange SUIUSD
Kraken Futures PF_SUIUSD
Coinbase International SUI-PERP-INTX
BloFin SUI-USDT
Hyperliquid SUI
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD