SUI

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0042%/8h= +4.6% APRnext payment +$0.05 per $10,000 · paid last 24h −0.041%

Price spread now: Deribit against Kraken Futures−0.023%7-day average +0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$360.360% of the position

Long on Kraken Futures Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.096%−$10 on $10k

Price spread, last 4 days (all we have)+0.053%+$5 · spread now −0.023%, 7d avg +0.008%

Together, before fees−0.043%−$4 on $10k · with fees, hour by hour

Funding pays, the price is against you. Deribit is 0.031% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.023% now, against its 7-day average of +0.008%). If the spread goes back, that is −$3 on $10k: about 2.4 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.096%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_SUIUSD	1.0153	−0.0042	get 0.0005% / 1h	46m 24s	$6.9M	$19.6M	50x
Short	Deribit SUI_USDC-PERPETUAL	1.0151	0	get 0.0000% / 1h	46m 24s	$193K	$500K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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

Position, each leg$Hold fordaysFee Kraken FuturesbpFee DeribitbpOrdersPrice spread, now −0.023%Rate

Funding earned: $8.84
Price spread: −0.023% → +0.008%: −$3.08
Slippage, 4 orders: −$18.96
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$30.2
Costs to cover: 0.360%
Break-even: 30.9 days

Slippage from Kraken Futures: live order book, 6 min ago; Deribit: live order book, 65 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, 6 min ago	0.49 bp	10.8 bp −$11	16.0 bp −$160	48.4 bp −$4,836	doesn't fit
Sell Deribit live order book, 65 min ago	2.96 bp	6.5 bp −$6	14.4 bp −$144	doesn't fit	doesn't fit

SUI on 46 exchanges

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	−0.3324%	1h	1.0075	−0.771%	$41K	$113K	12x	as long as short
Hibachi SUI/USDT-P	−0.0392%	1h	1.0139	−0.140%	$5K	$16K	7x	as long as short
Reya SUIRUSDPERP	−0.0385%	1h	1.0145	−0.086%	$4K	$3K	20x	as long as short
Bluefin SUI-PERP	−0.0261%	1h	1.0133	−0.200%	$583K	$407K	25x	as long as short
Kraken Futures PF_SUIUSDlong	−0.0042%	1h	1.0153	long leg	$6.9M	$19.6M	50x
dYdX SUI-USD	0.0000%	1h	1.0142	−0.112%	$95K	$241K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0153	0.000%	$379K	$3.7M	2.5x	as long as short
Deribit SUI_USDC-PERPETUALshort	0.0000%	1h	1.0151	−0.023%	$193K	$500K	25x
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0144	−0.096%	$115K	—	150x	as long as short
01 Exchange SUIUSD	+0.0024%	1h	1.0150	−0.033%	$8K	$3K	10x	as long as short

Show all 46 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SUI	+0.0096%	1h	1.0148	−0.051%	$738K	$4.5M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0151	−0.024%	$326K	$2.1M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0149	−0.043%	$54K	$517K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0099%	8h	1.0148	−0.052%	$55K	$700K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0144	−0.096%	$27K	$2K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0144	−0.092%	$659K	$2.0M	10x	as long as short
Hyperliquid SUI	+0.0100%	1h	1.0158	+0.046%	$72.7M	$66.1M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0151	−0.019%	$904K	$3.5M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0148	−0.049%	$216K	$207K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0149	−0.046%	$143.3M	$868.8M	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0146	−0.072%	$97.0M	$268.0M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0148	−0.052%	$41.1M	$314.3M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0150	−0.033%	$44K	$311K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0148	−0.055%	$232K	$8K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0148	−0.052%	$167.9M	$67.7M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0150	−0.033%	$96.2M	$246.0M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0153	−0.003%	$50.4M	$45.8M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0143	−0.102%	$66.5M	$140.0M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0146	−0.072%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0144	−0.092%	$649K	$1.2M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0141	−0.122%	$2.4M	$2.7M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0145	−0.087%	$163K	$3.8M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0147	−0.062%	$439K	$6.7M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0153	−0.003%	$204K	$385K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0150	−0.033%	$121K	$476K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0161	+0.076%	$3K	$1.3M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0149	−0.043%	$6K	$1.4M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0147	−0.062%	$748K	$16.7M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0148	−0.052%	$11.7M	$28.2M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0144	−0.090%	$1.5M	$3.5M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0150	−0.038%	$39K	$11K	3x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0145	−0.082%	$7.5M	$22.5M	100x	as long as short
Phoenix SUI	+0.0250%	1h	1.0164	+0.103%	$203K	$318K	10x	as long as short
Coinbase International SUI-PERP-INTX	+0.0312%	1h	1.0170	+0.164%	$1.0M	$11.1M	50x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0607% / S −0.0268%	1h	1.0147	−0.058%	$946K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.0871%	1h	1.0159	+0.051%	$80K	$405K	10x	as long as short