Funding you earn now, next payment 09:00 UTC+0.0187%/8h= +20.5% APRnext payment +$0.23 per $10,000 · paid last 24h +0.025%
Price spread now: Kraken Futures against Popdex−0.053%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$410.410% of the position
Funding, last 4 days (all we have)+0.034%+$3 on $10k
+Price spread, last 4 days (all we have)+0.129%+$13 · spread now −0.053%, 7d avg +0.025%
=Funding pays, the price is against you. Kraken Futures is 0.079% cheaper against Popdex than usual: you would sell low and buy high (spread −0.053% now, against its 7-day average of +0.025%). If the spread goes back, that is −$8 on $10k: about 34 hours of funding at the current rate (+$6 a day). At the pace of the last 4 days (+0.034% in total) that is about 8.8 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.034% in total (about 3.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.23 per $10,000. 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 | Popdex SUIUSDT | 1.0162 | 0.0096 | pay 0.0012% / 1h | 37m 39s | $43K | $529K | 50x |
| Short | Kraken Futures PF_SUIUSD | 1.0157 | 0.0283 | get 0.0035% / 1h | 37m 39s | $6.8M | $21.4M | 50x |
Popdex SUIUSDT
Kraken Futures PF_SUIUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Popdex. 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
- $39.34
- Price spread: −0.053% → +0.025%
- −$7.88
- Slippage, 4 orders
- −$24.6
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$9.53
- Costs to cover
- 0.410%
- Break-even
- 8.7 days
Slippage from Popdex: live order book, 61 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 Popdex live order book, 61 min ago | 3.69 bp | 9.3 bp −$9 | 30.6 bp −$306 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 1 min ago | 0.49 bp | 11.2 bp −$11 | 15.1 bp −$151 | 41.5 bp −$4,150 | 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 | 1.0046 | −1.142% | $41K | $113K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0382% | 1h | 1.0149 | −0.133% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0192% | 1h | 1.0144 | −0.182% | $5K | $17K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0160 | −0.017% | $95K | $255K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0151 | −0.107% | $378K | $4.2M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0157 | −0.049% | $195K | $536K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0151 | −0.110% | $115K | — | 150x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0165 | +0.025% | $751K | $4.8M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0163 | +0.013% | $302K | $2.1M | 10x | as long as short |
| 01 Exchange SUIUSD | +0.0096% | 1h | 1.0163 | +0.010% | $8K | $3K | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Lighter SUI
Lighter RH SUI
01 Exchange SUIUSDShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex SUIUSDTlong | +0.0096% | 1h | 1.0162 | long leg | $43K | $529K | 50x | |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0152 | −0.098% | $47K | $484K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0161 | −0.013% | $27K | $8K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0143 | −0.187% | $673K | $2.2M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0162 | 0.000% | $905K | $4.3M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0163 | +0.007% | $217K | $251K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0161 | −0.005% | $145.7M | $980.0M | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0159 | −0.026% | $97.9M | $304.9M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0161 | −0.010% | $41.0M | $362.7M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0160 | −0.020% | $43K | $321K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0150 | −0.114% | $232K | $7K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0159 | −0.030% | $166.9M | $79.4M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0162 | 0.000% | $99.9M | $287.8M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0164 | +0.020% | $51.7M | $51.1M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0159 | −0.030% | $67.2M | $166.5M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0161 | −0.010% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0161 | −0.010% | $666K | $1.3M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0141 | −0.208% | $2.4M | $3.3M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0142 | −0.194% | $163K | $4.2M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0144 | −0.180% | $443K | $7.1M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0148 | −0.138% | $205K | $371K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0152 | −0.098% | $122K | $517K | 10x | as long as short |
| Bluefin SUI-PERP | +0.0100% | 1h | 1.0140 | −0.216% | $582K | $452K | 25x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0166 | +0.039% | $2K | $1.5M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0155 | −0.069% | $6K | $1.6M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0150 | −0.118% | $635K | $18.0M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0156 | −0.059% | $11.7M | $28.3M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0159 | −0.027% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0153 | −0.085% | $39K | $11K | 3x | as long as short |
| Hyperliquid SUI | +0.0117% | 1h | 1.0172 | +0.103% | $73.3M | $76.9M | 10x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0140 | −0.216% | $7.5M | $24.4M | 100x | as long as short |
| Kraken Futures PF_SUIUSDshort | +0.0283% | 1h | 1.0157 | −0.053% | $6.8M | $21.4M | 50x | |
| Coinbase International SUI-PERP-INTX | +0.0360% | 1h | 1.0146 | −0.157% | $1.0M | $14.1M | 50x | as long as short |
| Phoenix SUI | +0.0426% | 1h | 1.0158 | −0.040% | $202K | $395K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0600% / S −0.0263% | 1h | 1.0151 | −0.111% | $933K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1190% | 1h | 1.0156 | −0.055% | $81K | $408K | 10x | as long as short |
Orderly PERP_SUI_USDC
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
Bluefin SUI-PERP
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
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