Settings8H · net · $10k
Funding arb · Price arb /

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0190%/8h= +20.8% APRnext payment +$0.24 per $10,000 · paid last 24h +0.011%
Price spread now: Kraken Futures against Pacifica−0.163%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$440.443% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.066%+$7 on $10k
Price spread, last 4 days (all we have)+0.160%+$16 · spread now −0.163%, 7d avg +0.018%
Together, before fees+0.226%+ Points / potential airdropPacifica: Active · farm board+$23 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.181% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.163% now, against its 7-day average of +0.018%). If the spread goes back, that is −$18 on $10k: about 3.2 days of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.066% in total) that is about 19 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.066% in total (about 3.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.24 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica SUI1.03910.0100pay 0.0013% / 1h37m 49s$227K$262K10x
ShortKraken Futures PF_SUIUSD1.03740.0290get 0.0036% / 1h37m 49s$6.8M$26.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Pacifica. 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

Funding earned
$39.81
Price spread: −0.163% → +0.018%
−$18.1
Slippage, 4 orders
−$26.27
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$22.55
Costs to cover
0.443%
Break-even
11.0 days
Slippage from Pacifica: live order book, 25 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
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 25 min ago4.33 bp9.1 bp −$9doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures live order book, 1 min ago2.40 bp13.1 bp −$1322.2 bp −$22258.8 bp −$5,884doesn't fit

SUI on 46 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective SUI/USDC PERP−0.3542%1h1.0276−1.109%$42K$123K12xas long as short
Reya SUIRUSDPERP−0.0373%1h1.0373−0.172%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0224%1h1.0371−0.193%$6K$19K7xas long as short
dYdX SUI-USD0.0000%1h1.0383−0.079%$95K$168K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0386−0.055%$512K$4.8M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0377−0.137%$202K$576K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0379−0.117%$113K150xas long as short
Lighter SUI+0.0096%1h1.0377−0.133%$822K$5.6M10xas long as short
Lighter RH SUI+0.0096%1h1.0371−0.191%$278K$2.1M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0379−0.117%$33K$499K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex SUI-USD-PERP+0.0100%8h1.0384−0.071%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0370−0.199%$712K$1.9M10xas long as short
Aster SUIUSDT+0.0100%8h1.0369−0.211%$911K$4.6M75xas long as short
Pacifica SUIlong+0.0100%1h1.0391long leg$227K$262K10x
Binance SUIUSDT+0.0100%8h1.0375−0.155%$152.3M$1.02B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0374−0.161%$102.9M$307.9M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0374−0.165%$41.0M$383.0M50xas long as short
Arcus SUI-USD+0.0100%1h1.0390−0.011%$44K$373K10xas long as short
Bulk SUI-USD+0.0100%1h1.0403+0.116%$245K$4K10xas long as short
Gate SUI_USDT+0.0100%8h1.0377−0.137%$164.7M$82.7M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0376−0.146%$150.7M$292.0M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0381−0.098%$51.0M$53.6M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0370−0.204%$67.8M$168.4M75xas long as short
BingX SUI-USDT+0.0100%8h1.0375−0.156%$82.0Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0364−0.262%$700K$1.3M20xas long as short
Variational Omni SUI+0.0100%8h1.0393+0.022%$2.4M$3.2Mas long as short
edgeX SUIUSDC+0.0100%4h1.0400+0.086%$169K$4.6M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0447+0.538%$452K$7.4M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0439+0.460%$237K$470K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0388−0.031%$122K$720K10xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0378−0.127%$47K$238K20xas long as short
Bluefin SUI-PERP+0.0100%1h1.0481+0.864%$600K$408K25xas long as short
SunX SUI-USDT+0.0100%8h1.0404+0.123%$2K$1.8M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0376−0.146%$14K$2.1M10xas long as short
HTX SUI-USDT+0.0100%8h1.0364−0.262%$597K$19.7M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0374−0.165%$11.6M$26.1M50xas long as short
Extended SUI-USD+0.0104%1h1.0375−0.159%$1.4M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0386−0.050%$39K$11K3xas long as short
01 Exchange SUIUSD+0.0136%1h1.0386−0.050%$9K$3K10xas long as short
Coinbase International SUI-PERP-INTX+0.0176%1h1.0388−0.031%$993K$14.6M50xas long as short
BloFin SUI-USDT+0.0220%8h1.0373−0.175%$8.0M$24.9M100xas long as short
Kraken Futures PF_SUIUSDshort+0.0290%1h1.0374−0.163%$6.8M$26.9M50x
Phoenix SUI+0.0362%1h1.0412+0.198%$211K$561K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0618% / S −0.0272%1h1.0379−0.117%$966K100xas long as short
Hyperliquid SUI+0.0664%1h1.0390−0.011%$75.6M$80.1M10xas long as short
Aftermath Perps SUIUSD+0.1290%1h1.0401+0.097%$83K$385K10xas long as short