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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0315%/8h= +34.5% APRnext payment +$0.39 per $10,000 · paid last 24h +0.051%
Price spread now: Coinbase International against Kraken Futures−0.213%7-day average +0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$510.511% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.301%+$30 on $10k
Price spread, last 4 days (all we have)+0.219%+$22 · spread now −0.213%, 7d avg +0.080%
Together, before fees+0.520%+$52 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.293% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.213% now, against its 7-day average of +0.080%). If the spread goes back, that is −$29 on $10k: about 3.1 days of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.301% in total) that is about 6.8 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_SUIUSD1.0280−0.0067get 0.0008% / 1h17m 42s$6.7M$26.7M50x
ShortCoinbase International SUI-PERP-INTX1.02580.0248get 0.0031% / 1h17m 42s$995K$15.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$66.16
Price spread: −0.213% → +0.080%
−$29.31
Slippage, 4 orders
−$31.11
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$14.26
Costs to cover
0.511%
Break-even
8.5 days
Slippage from Kraken Futures: live order book, 1 min ago; Coinbase International: live order book, 1 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 Kraken Futures live order book, 1 min ago1.95 bp12.5 bp −$1217.1 bp −$17135.2 bp −$3,524doesn't fit
Sell Coinbase International live order book, 1 min ago4.88 bp12.0 bp −$1221.0 bp −$210doesn't fitdoesn'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−0.3470%1h1.0147−1.293%$42K$123K12xas long as short
Reya SUIRUSDPERP−0.0377%1h1.0265−0.141%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0176%1h1.0246−0.329%$6K$19K7xas long as short
Kraken Futures PF_SUIUSDlong−0.0067%1h1.0280long leg$6.7M$26.7M50x
dYdX SUI-USD0.0000%1h1.0279−0.009%$129K$227K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0250−0.289%$475K$5.1M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0276−0.038%$200K$572K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0269−0.102%$115K150xas long as short
Bluefin SUI-PERP+0.0039%1h1.0259−0.203%$589K$406K25xas long as short
Lighter SUI+0.0096%1h1.0286+0.060%$774K$5.5M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SUI+0.0096%1h1.0292+0.122%$306K$2.2M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0258−0.213%$46K$517K50xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0255−0.243%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0260−0.193%$581K$2.1M10xas long as short
Aster SUIUSDT+0.0100%8h1.0288+0.081%$888K$4.5M75xas long as short
Pacifica SUI+0.0100%1h1.0255−0.239%$222K$256K10xas long as short
Binance SUIUSDT+0.0100%8h1.0282+0.022%$146.5M$1.03B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0282+0.018%$101.2M$309.1M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0274−0.057%$40.2M$386.8M50xas long as short
Arcus SUI-USD+0.0100%1h1.0260−0.193%$43K$330K10xas long as short
Gate SUI_USDT+0.0100%8h1.0285+0.050%$167.9M$82.7M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0283+0.030%$153.3M$295.6M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0281+0.011%$50.6M$54.2M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0289+0.089%$67.4M$174.0M75xas long as short
BingX SUI-USDT+0.0100%8h1.0288+0.079%$82.2Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0277−0.028%$640K$1.3M20xas long as short
Variational Omni SUI+0.0100%8h1.0261−0.187%$2.4M$3.4Mas long as short
edgeX SUIUSDC+0.0100%4h1.0251−0.280%$166K$4.6M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0257−0.223%$443K$7.6M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0262−0.174%$224K$433K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0276−0.038%$123K$723K10xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0271−0.086%$47K$176K20xas long as short
SunX SUI-USDT+0.0100%8h1.0293+0.128%$2K$1.7M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0274−0.057%$14K$2.0M10xas long as short
HTX SUI-USDT+0.0100%8h1.0275−0.047%$590K$19.5M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0277−0.028%$11.8M$27.3M50xas long as short
Bulk SUI-USD+0.0100%1h1.0239−0.398%$241K$4K10xas long as short
Extended SUI-USD+0.0104%1h1.0278−0.017%$1.4M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0276−0.039%$39K$11K3xas long as short
01 Exchange SUIUSD+0.0152%1h1.0262−0.174%$9K$3K10xas long as short
BloFin SUI-USDT+0.0220%8h1.0250−0.291%$7.7M$24.7M100xas long as short
Coinbase International SUI-PERP-INTXshort+0.0248%1h1.0258−0.213%$995K$15.1M50x
Hyperliquid SUI+0.0369%1h1.0299+0.186%$74.4M$81.1M10xas long as short
Phoenix SUI+0.0408%1h1.0237−0.419%$215K$415K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0600% / S −0.0260%1h1.0270−0.099%$937K100xas long as short
Aftermath Perps SUIUSD+0.1509%1h1.0270−0.101%$82K$405K10xas long as short