Funding you earn now, next payment 05:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h −0.043%
Price spread now: Bluefin against Kalshi−0.040%7-day average +0.082% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$530.531% of the position
Funding, last 7 days+0.310%+$31 on $10k
+Price spread, last 4 days (all we have)−0.063%−$6 · spread now −0.040%, 7d avg +0.082%
=Funding pays, the price is against you. Bluefin is 0.122% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.040% now, against its 7-day average of +0.082%). If the spread goes back, that is −$12 on $10k: about 13 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.310% in total) that is about 2.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXSUIPERP | 1.0196 | 0 | get 0.0000% / 8h | 7h 03m | $478K | $5.0M | 2.5x |
| Short | Bluefin SUI-PERP | 1.0192 | 0.0032 | get 0.0004% / 1h | 3m 32s | $585K | $406K | 25x |
Kalshi KXSUIPERP
Bluefin SUI-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bluefin against Kalshi. 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
- $6.74
- Price spread: −0.040% → +0.082%
- −$12.18
- Slippage, 4 orders
- −$36.12
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee Bluefin: 3.5 bp × 2 orders
- −$7
- Net
- −$58.55
- Costs to cover
- 0.531%
- Break-even
- 67.8 days
Slippage from Kalshi: live order book, 5 min ago; Bluefin: live order book, 51 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 Kalshi live order book, 5 min ago | 7.00 bp | 12.0 bp −$12 | 20.0 bp −$200 | doesn't fit | doesn't fit |
| Sell Bluefin live order book, 51 min ago | 2.90 bp | 11.8 bp −$12 | 57.7 bp −$577 | doesn't fit | 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 | −0.3470% | 1h | 1.0136 | −0.589% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0377% | 1h | 1.0168 | −0.271% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0128% | 1h | 1.0202 | +0.056% | $6K | $19K | 7x | as long as short |
| Kraken Futures PF_SUIUSD | −0.0068% | 1h | 1.0207 | +0.109% | $6.7M | $24.7M | 50x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0171 | −0.244% | $128K | $227K | 10x | as long as short |
| Kalshi KXSUIPERPlong | 0.0000% | 8h | 1.0196 | long leg | $478K | $5.0M | 2.5x | |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0202 | +0.054% | $115K | — | 150x | as long as short |
| Bluefin SUI-PERPshort | +0.0032% | 1h | 1.0192 | −0.040% | $585K | $406K | 25x | |
| Deribit SUI_USDC-PERPETUAL | +0.0044% | 1h | 1.0206 | +0.097% | $198K | $572K | 25x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0174 | −0.215% | $771K | $5.5M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
Kraken Futures PF_SUIUSD
dYdX SUI-USD
gTrade (Gains Network) SUI/USD
Deribit SUI_USDC-PERPETUAL
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 | 1.0203 | +0.072% | $303K | $2.2M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0174 | −0.217% | $46K | $517K | 50x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0172 | −0.238% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0180 | −0.158% | $576K | $2.1M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0179 | −0.171% | $872K | $4.4M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0176 | −0.197% | $220K | $252K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0177 | −0.187% | $144.7M | $1.04B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0176 | −0.201% | $100.2M | $309.3M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0177 | −0.187% | $40.0M | $384.0M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0180 | −0.158% | $43K | $330K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0243 | +0.460% | $241K | $3K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0174 | −0.217% | $167.3M | $83.5M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0172 | −0.236% | $152.0M | $296.9M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0173 | −0.227% | $50.1M | $54.0M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0171 | −0.246% | $66.5M | $174.3M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0172 | −0.236% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0205 | +0.087% | $626K | $1.4M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0210 | +0.134% | $2.4M | $3.4M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0209 | +0.130% | $166K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0195 | −0.011% | $436K | $7.5M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0210 | +0.136% | $223K | $433K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0183 | −0.128% | $137K | $740K | 10x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0203 | +0.068% | $47K | $181K | 20x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0229 | +0.323% | $2K | $1.7M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0206 | +0.097% | $14K | $2.0M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0206 | +0.097% | $590K | $19.5M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0205 | +0.087% | $11.7M | $27.3M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0169 | −0.267% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0209 | +0.122% | $39K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0136% | 1h | 1.0175 | −0.207% | $9K | $3K | 10x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0211 | +0.146% | $7.6M | $24.5M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0248% | 1h | 1.0210 | +0.136% | $976K | $15.0M | 50x | as long as short |
| Hyperliquid SUI | +0.0331% | 1h | 1.0184 | −0.119% | $73.1M | $80.8M | 10x | as long as short |
| Phoenix SUI | +0.0408% | 1h | 1.0219 | +0.229% | $202K | $415K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0595% / S −0.0258% | 1h | 1.0200 | +0.042% | $928K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1451% | 1h | 1.0217 | +0.208% | $82K | $405K | 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
Phemex SUIUSDT
Extended SUI-USD
Aevo SUI-PERP
01 Exchange SUIUSD
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Hyperliquid SUI
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD