Funding you earn now, next payment 21:00 UTC+0.0254%/8h= +27.8% APRnext payment +$0.32 per $10,000 · paid last 24h −0.012%
Price spread now: Bulk against Kraken Futures−0.012%7-day average +0.036% · 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−$36as in the Price arb table
costs, in and out, $10k−$310.312% of the position
Funding, last 3 days (all we have)−0.025%−$3 on $10k
+Price spread, last 3 days (all we have)−0.199%−$20 · spread now −0.012%, 7d avg +0.036%
=Funding pays, the price is against you. Bulk is 0.048% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.012% now, against its 7-day average of +0.036%). If the spread goes back, that is −$5 on $10k: about 15 hours of funding at the current rate (+$8 a day).
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.025% in total (about -2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.32 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 | Kraken Futures PF_SUIUSD | 1.0278 | −0.0154 | get 0.0019% / 1h | 32m 02s | $6.9M | $24.0M | 50x |
| Short | Bulk SUI-USD | 1.0277 | 0.0100 | get 0.0013% / 1h | 32m 02s | $242K | $2K | 10x |
Kraken Futures PF_SUIUSD
Bulk SUI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk against Kraken Futures. 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
- $53.28
- Price spread: −0.012% → +0.036%
- −$4.79
- Slippage, 4 orders
- −$14.24
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- $17.25
- Costs to cover
- 0.312%
- Break-even
- 4.7 days
Slippage from Kraken Futures: live order book, 3 min ago; Bulk: live order book, 17 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 Kraken Futures live order book, 3 min ago | 2.43 bp | 11.6 bp −$12 | 18.1 bp −$181 | 56.4 bp −$5,639 | doesn't fit |
| Sell Bulk live order book, 17 min ago | 0.49 bp | 4.0 bp −$4 | 4.4 bp −$44 | 9.7 bp −$966 | 22.9 bp −$11.4K |
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 | −0.3656% | 1h | 1.0187 | −0.888% | $42K | $42K | 12x | as long as short |
| Hibachi SUI/USDT-P | −0.0504% | 1h | 1.0263 | −0.144% | $6K | $19K | 7x | as long as short |
| Reya SUIRUSDPERP | −0.0365% | 1h | 1.0270 | −0.082% | $4K | $3K | 20x | as long as short |
| Kraken Futures PF_SUIUSDlong | −0.0154% | 1h | 1.0278 | long leg | $6.9M | $24.0M | 50x | |
| Bluefin SUI-PERP | −0.0034% | 1h | 1.0263 | −0.148% | $588K | $413K | 25x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0284 | +0.054% | $94K | $88K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0285 | +0.066% | $462K | $5.6M | 2.5x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0276 | −0.025% | $119K | — | 150x | as long as short |
| 01 Exchange SUIUSD | +0.0040% | 1h | 1.0276 | −0.022% | $8K | $8K | 10x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0274 | −0.041% | $775K | $5.9M | 10x | as long as short |
Injective SUI/USDC PERP
Hibachi SUI/USDT-P
Reya SUIRUSDPERP
Bluefin SUI-PERP
dYdX SUI-USD
Kalshi KXSUIPERP
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 | 1.0275 | −0.027% | $247K | $2.0M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0273 | −0.051% | $33K | $507K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0097% | 8h | 1.0273 | −0.051% | $45K | $387K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0279 | +0.004% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0273 | −0.051% | $600K | $1.4M | 10x | as long as short |
| Hyperliquid SUI | +0.0100% | 1h | 1.0277 | −0.012% | $73.4M | $83.3M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0275 | −0.030% | $1.0M | $4.6M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0283 | +0.042% | $223K | $263K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0262 | −0.155% | $152.4M | $1.04B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0265 | −0.129% | $105.4M | $308.7M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0262 | −0.158% | $41.4M | $389.5M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0280 | +0.017% | $148K | $300K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0269 | −0.090% | $165.8M | $81.4M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0269 | −0.090% | $148.4M | $295.1M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0276 | −0.022% | $52.4M | $50.5M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0264 | −0.138% | $67.5M | $172.1M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0269 | −0.090% | — | $80.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0269 | −0.090% | $646K | $1.2M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0297 | +0.179% | $2.3M | $2.8M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0298 | +0.192% | $166K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0289 | +0.105% | $443K | $7.1M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0293 | +0.144% | $247K | $435K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0279 | +0.007% | $107K | $817K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0283 | +0.046% | $2K | $1.9M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0273 | −0.051% | $7K | $2.5M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0275 | −0.031% | $629K | $19.2M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0275 | −0.031% | $11.5M | $23.9M | 50x | as long as short |
| Bulk SUI-USDshort | +0.0100% | 1h | 1.0277 | −0.012% | $242K | $2K | 10x | |
| Extended SUI-USD | +0.0104% | 1h | 1.0271 | −0.069% | $1.5M | $3.7M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0282 | +0.039% | $49K | $38K | 3x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0216% | 1h | 1.0286 | +0.076% | $991K | $14.4M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0290 | +0.114% | $8.2M | $24.1M | 100x | as long as short |
| Phoenix SUI | +0.0270% | 1h | 1.0309 | +0.294% | $186K | $581K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0630% / S −0.0300% | 1h | 1.0273 | −0.050% | $881K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.0906% | 1h | 1.0286 | +0.073% | $93K | $398K | 10x | as long as short |
| Deribit SUI_USDC-PERPETUAL | +0.1307% | 1h | 1.0293 | +0.144% | $198K | $516K | 25x | as long as short |
Lighter RH SUI
Popdex SUIUSDT
Orderly PERP_SUI_USDC
Paradex SUI-USD-PERP
Nado SUI-PERP
Hyperliquid SUI
Aster SUIUSDT
Pacifica SUI
Binance SUIUSDT
Bybit SUIUSDT
OKX SUI-USDT-SWAP
Arcus 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
Coinbase International SUI-PERP-INTX
BloFin SUI-USDT
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD
Deribit SUI_USDC-PERPETUAL