Funding you earn now, next payment 09:00 UTC+0.0180%/8h= +19.8% APRpaid last 24h +0.024%
Price spread now: Kraken Futures against Phemex+0.045%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$410.411% of the position
Funding, last 7 days+0.171%+$17 on $10k
+Price spread, last 4 days (all we have)−0.019%−$2 · spread now +0.045%, 7d avg +0.013%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Kraken Futures is 0.032% dearer against Phemex than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SUIUSDT | 1.0258 | 0.0100 | pay 0.0100% / 8h | 7h 00m | $11.8M | $28.5M | 50x |
| Short | Kraken Futures PF_SUIUSD | 1.0263 | 0.0280 | get 0.0035% / 1h | 0m 15s | $6.9M | $21.0M | 50x |
Phemex SUIUSDT
Kraken Futures PF_SUIUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Phemex. 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
- $37.89
- Price spread: +0.045% → +0.013%
- $3.25
- Slippage, 4 orders
- −$19.06
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $0.08
- Costs to cover
- 0.411%
- Break-even
- 7.0 days
Slippage from Phemex: live order book, 4 min ago; Kraken Futures: 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 Phemex live order book, 4 min ago | 0.49 bp | 8.2 bp −$8 | 24.5 bp −$245 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 4 min ago | 1.95 bp | 10.9 bp −$11 | 20.5 bp −$205 | 51.7 bp −$5,167 | 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 | 1.0143 | −1.121% | $42K | $113K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0383% | 1h | 1.0258 | +0.002% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0360% | 1h | 1.0258 | −0.004% | $6K | $17K | 7x | as long as short |
| Bluefin SUI-PERP | −0.0011% | 1h | 1.0246 | −0.117% | $589K | $437K | 25x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0255 | −0.029% | $96K | $245K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0263 | +0.050% | $378K | $3.9M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0261 | +0.029% | $197K | $525K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0259 | +0.011% | $116K | — | 150x | as long as short |
| 01 Exchange SUIUSD | +0.0048% | 1h | 1.0263 | +0.049% | $8K | $3K | 10x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0260 | +0.018% | $759K | $4.9M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
Bluefin SUI-PERP
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
01 Exchange SUIUSD
Lighter SUIShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SUI | +0.0096% | 1h | 1.0263 | +0.049% | $323K | $2.2M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0262 | +0.039% | $52K | $520K | 50x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0253 | −0.044% | $27K | $6K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0255 | −0.024% | $676K | $2.1M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0263 | +0.049% | $922K | $4.0M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0258 | 0.000% | $219K | $247K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0256 | −0.017% | $145.5M | $943.8M | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0244 | −0.136% | $98.7M | $293.1M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0244 | −0.136% | $41.3M | $348.3M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0260 | +0.019% | $43K | $318K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0247 | −0.107% | $235K | $7K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0257 | −0.010% | $169.7M | $80.8M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0255 | −0.029% | $95.6M | $293.0M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0263 | +0.049% | $52.6M | $49.1M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0257 | −0.010% | $67.7M | $158.3M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0259 | +0.010% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0253 | −0.049% | $672K | $1.3M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0248 | −0.101% | $2.4M | $3.1M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0240 | −0.179% | $164K | $4.2M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0239 | −0.181% | $449K | $7.0M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0244 | −0.136% | $207K | $356K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0263 | +0.049% | $124K | $510K | 10x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0262 | +0.039% | $55K | $638K | 20x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0268 | +0.097% | $3K | $1.5M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0258 | 0.000% | $6K | $1.5M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0266 | +0.078% | $783K | $17.5M | 75x | as long as short |
| Phemex SUIUSDTlong | +0.0100% | 8h | 1.0258 | long leg | $11.8M | $28.5M | 50x | |
| Extended SUI-USD | +0.0104% | 1h | 1.0254 | −0.038% | $1.5M | $3.9M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0261 | +0.032% | $39K | $11K | 3x | as long as short |
| Hyperliquid SUI | +0.0190% | 1h | 1.0270 | +0.117% | $74.2M | $74.8M | 10x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0265 | +0.068% | $7.5M | $24.4M | 100x | as long as short |
| Kraken Futures PF_SUIUSDshort | +0.0280% | 1h | 1.0263 | +0.045% | $6.9M | $21.0M | 50x | |
| Coinbase International SUI-PERP-INTX | +0.0360% | 1h | 1.0277 | +0.185% | $1.0M | $12.9M | 50x | as long as short |
| Phoenix SUI | +0.0426% | 1h | 1.0265 | +0.065% | $206K | $395K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0612% / S −0.0269% | 1h | 1.0261 | +0.032% | $956K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1027% | 1h | 1.0264 | +0.063% | $81K | $413K | 10x | as long as short |
Lighter RH SUI
Popdex SUIUSDT
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-USDC
Backpack SUI_USDC_PERP
Variational Omni SUI
edgeX SUIUSDC
GRVT SUI_USDT_Perp
ApeX Omni SUIUSDT
Polymarket Perps SUI-USD
Orderly PERP_SUI_USDC
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Extended SUI-USD
Aevo SUI-PERP
Hyperliquid SUI
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD