Funding you earn now, next payment 08:00 UTC+0.0216%/8h= +23.7% APRnext payment +$0.27 per $10,000 · paid last 24h +0.086%
Price spread now: Kraken Futures against Bluefin+0.113%7-day average +0.147% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$490.490% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.007%−$1 · spread now +0.113%, 7d avg +0.147%
=Funding pays, the price is against you. Kraken Futures is 0.034% cheaper against Bluefin than usual: you would sell low and buy high (spread +0.113% now, against its 7-day average of +0.147%). If the spread goes back, that is −$3 on $10k: about 13 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.004% in total) that is about 55 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.004% in total (about 0.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.27 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 | Bluefin SUI-PERP | 1.0145 | −0.0097 | get 0.0012% / 1h | 7m 54s | $582K | $454K | 25x |
| Short | Kraken Futures PF_SUIUSD | 1.0156 | 0.0119 | get 0.0015% / 1h | 7m 54s | $6.8M | $21.6M | 50x |
Bluefin SUI-PERP
Kraken Futures PF_SUIUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bluefin. 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
- $45.37
- Price spread: +0.113% → +0.147%
- −$3.41
- Slippage, 4 orders
- −$31.96
- Fee Bluefin: 3.5 bp × 2 orders
- −$7
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$7
- Costs to cover
- 0.490%
- Break-even
- 8.1 days
Slippage from Bluefin: live order book, 31 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 Bluefin live order book, 31 min ago | 2.47 bp | 14.4 bp −$14 | 85.7 bp −$857 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 1 min ago | 1.97 bp | 12.5 bp −$13 | 15.1 bp −$151 | 40.5 bp −$4,046 | 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 | −0.2780% | 1h | 1.0055 | −0.887% | $41K | $113K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0382% | 1h | 1.0153 | +0.078% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0280% | 1h | 1.0158 | +0.133% | $5K | $19K | 7x | as long as short |
| Bluefin SUI-PERPlong | −0.0097% | 1h | 1.0145 | long leg | $582K | $454K | 25x | |
| dYdX SUI-USD | 0.0000% | 1h | 1.0160 | +0.144% | $95K | $257K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0162 | +0.172% | $390K | $4.2M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0159 | +0.138% | $195K | $554K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0156 | +0.108% | $115K | — | 150x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0158 | +0.128% | $752K | $5.1M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0161 | +0.155% | $297K | $2.2M | 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 SUIShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex SUIUSDT | +0.0096% | 1h | 1.0161 | +0.158% | $44K | $528K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0157 | +0.118% | $47K | $291K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0163 | +0.175% | $27K | $8K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0159 | +0.138% | $676K | $2.2M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0156 | +0.113% | $901K | $4.2M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0164 | +0.189% | $217K | $252K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0153 | +0.077% | $146.0M | $988.7M | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0149 | +0.035% | $97.7M | $308.5M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0150 | +0.049% | $40.9M | $367.1M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0170 | +0.246% | $43K | $324K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0161 | +0.157% | $233K | $7K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0151 | +0.059% | $168.1M | $82.5M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0155 | +0.099% | $110.6M | $291.6M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0158 | +0.128% | $51.0M | $51.9M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0145 | 0.000% | $66.9M | $167.6M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0153 | +0.079% | — | $88.2M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0156 | +0.108% | $669K | $1.3M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0144 | −0.008% | $2.4M | $3.4M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0146 | +0.010% | $163K | $4.2M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0153 | +0.074% | $442K | $7.1M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0149 | +0.039% | $205K | $370K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0162 | +0.168% | $122K | $533K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0175 | +0.296% | $2K | $1.6M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0155 | +0.099% | $6K | $1.7M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0165 | +0.197% | $636K | $18.3M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0157 | +0.118% | $11.7M | $28.2M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0153 | +0.076% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0161 | +0.157% | $39K | $11K | 3x | as long as short |
| Kraken Futures PF_SUIUSDshort | +0.0119% | 1h | 1.0156 | +0.113% | $6.8M | $21.6M | 50x | |
| Hyperliquid SUI | +0.0121% | 1h | 1.0161 | +0.158% | $73.2M | $77.5M | 10x | as long as short |
| 01 Exchange SUIUSD | +0.0136% | 1h | 1.0162 | +0.168% | $8K | $3K | 10x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0160 | +0.148% | $7.6M | $24.4M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0328% | 1h | 1.0189 | +0.434% | $1.0M | $14.3M | 50x | as long as short |
| Phoenix SUI | +0.0393% | 1h | 1.0168 | +0.225% | $202K | $400K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0602% / S −0.0263% | 1h | 1.0156 | +0.111% | $934K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1260% | 1h | 1.0160 | +0.149% | $82K | $409K | 10x | as long as short |
Popdex SUIUSDT
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-USDT
Backpack SUI_USDC_PERP
Variational Omni SUI
edgeX SUIUSDC
GRVT SUI_USDT_Perp
ApeX Omni SUIUSDT
Polymarket Perps SUI-USD
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
Extended SUI-USD
Aevo SUI-PERP
Hyperliquid SUI
01 Exchange SUIUSD
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD