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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0035%/8h= +3.8% APRnext payment +$0.04 per $10,000 · paid last 24h +0.035%
Price spread now: Kraken Futures against gTrade (Gains Network)+0.186%52s7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$3033.028% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.129%+$13 on $10k
Price spread, last 3 days (all we have)−0.131%−$13 · spread now +0.186%, 7d avg +0.027%
Together, before fees−0.002%$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Kraken Futures is 0.159% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.027%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) SUI/USD1.0654L +0.0003% / S −0.0002%pay 0.0000% / 1h23m 32s$123K150x
ShortKraken Futures PF_SUIUSD1.06740.0038get 0.0005% / 1h23m 32s$7.4M$24.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against gTrade (Gains Network). 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
$7.3
Price spread: +0.186% → +0.027%
$15.92
Slippage, 4 orders
−$282.82
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$279.6
Costs to cover
3.028%
Break-even
275.1 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 50 min ago; Kraken Futures: live order book, 6 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 gTrade (Gains Network) virtual book (oracle venue), 50 min ago130.07 bp142.9 bp −$143977.3 bp −$9,77310438.7 bp −$1.04Mdoesn't fit
Sell Kraken Futures live order book, 6 min ago2.37 bp12.0 bp −$1220.4 bp −$20466.7 bp −$6,670doesn'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−0.3416%1h1.0391−2.467%$43K$123K12xas long as short
Bluefin SUI-PERP−0.0547%1h1.0654+0.002%$611K$409K25xas long as short
Hibachi SUI/USDT-P−0.0456%1h1.0657+0.030%$6K$18K7xas long as short
Reya SUIRUSDPERP−0.0371%1h1.0657+0.034%$4K$3K20xas long as short
Phemex SUIUSDT−0.0251%8h1.0659+0.049%$11.9M$25.2M50xas long as short
dYdX SUI-USD0.0000%1h1.0646−0.070%$98K$169K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0641−0.118%$489K$4.9M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0673+0.180%$207K$582K25xas long as short
gTrade (Gains Network) SUI/USDlongL +0.0003% / S −0.0002%1h1.0654long leg$123K150x
Kraken Futures PF_SUIUSDshort+0.0038%1h1.0674+0.186%$7.4M$24.0M50x
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SUIUSD+0.0072%1h1.0650−0.036%$9K$9K10xas long as short
Lighter SUI+0.0096%1h1.06540.000%$832K$5.9M10xas long as short
Lighter RH SUI+0.0096%1h1.0655+0.007%$279K$2.0M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0652−0.017%$31K$481K50xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0668+0.133%$49K$313K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0692+0.356%$28K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0653−0.008%$677K$1.4M10xas long as short
Aster SUIUSDT+0.0100%8h1.0655+0.013%$1.0M$4.8M75xas long as short
Pacifica SUI+0.0100%1h1.0650−0.040%$231K$253K10xas long as short
Binance SUIUSDT+0.0100%8h1.0656+0.021%$158.5M$1.02B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0657+0.030%$106.7M$305.0M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0662+0.077%$42.7M$393.8M50xas long as short
Arcus SUI-USD+0.0100%1h1.0650−0.036%$47K$387K10xas long as short
Bulk SUI-USD+0.0100%1h1.0564−0.841%$248K$1K10xas long as short
Gate SUI_USDT+0.0100%8h1.0648−0.054%$172.2M$81.4M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0653−0.008%$154.3M$297.1M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0660+0.058%$52.0M$52.7M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0660+0.058%$69.8M$167.1M75xas long as short
BingX SUI-USDT+0.0100%8h1.0649−0.045%$81.8Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0657+0.030%$682K$1.1M20xas long as short
Variational Omni SUI+0.0100%8h1.0638−0.151%$2.4M$2.9Mas long as short
edgeX SUIUSDC+0.0100%4h1.0641−0.118%$175K$4.6M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0647−0.064%$464K$7.2M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0557−0.909%$235K$493K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0670+0.152%$121K$750K10xas long as short
SunX SUI-USDT+0.0100%8h1.0681+0.255%$2K$1.9M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0663+0.086%$6K$2.3M10xas long as short
HTX SUI-USDT+0.0100%8h1.0660+0.058%$653K$18.7M75xas long as short
Extended SUI-USD+0.0104%1h1.0648−0.053%$1.5M$3.9M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0671+0.158%$41K$16K3xas long as short
Coinbase International SUI-PERP-INTX+0.0200%1h1.0669+0.143%$993K$14.6M50xas long as short
BloFin SUI-USDT+0.0220%8h1.0649−0.045%$8.2M$24.9M100xas long as short
Phoenix SUI+0.0299%1h1.0647−0.069%$211K$590K10xas long as short
Hyperliquid SUI+0.0409%1h1.0675+0.199%$77.3M$78.7M10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0614% / S −0.0302%1h1.0667+0.122%$886K100xas long as short
Aftermath Perps SUIUSD+0.0894%1h1.0595−0.547%$78K$382K10xas long as short