Funding you earn now, next payment 01:00 UTC−0.0039%/8h= −4.2% APRpaid last 24h −0.036%
Price spread now: Kalshi against Kraken Futures+0.019%7-day average −0.239% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$550.548% of the position
Funding, last 7 days−0.259%−$26 on $10k
+Price spread, last 3 days (all we have)−0.045%−$4 · spread now +0.019%, 7d avg −0.239%
=The price spread pays, funding is against you. Kalshi is 0.259% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.019% now, against its 7-day average of −0.239%): +$26 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 22 days. At the pace of the last 7 days (−0.259% in total) that is about 7.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SUIUSD | 1.0385 | 0.0039 | pay 0.0005% / 1h | 45m 56s | $7.2M | $24.3M | 50x |
| Short | Kalshi KXSUIPERP | 1.0387 | 0 | get 0.0000% / 8h | 3h 45m | $471K | $5.2M | 2.5x |
Kraken Futures PF_SUIUSD
Kalshi KXSUIPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi 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
- −$8.1
- Price spread: +0.019% → −0.239%
- $25.87
- Slippage, 4 orders
- −$34.82
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$37.05
- Costs to cover
- 0.548%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 3 min ago; Kalshi: live order book, 3 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 | 0.48 bp | 12.9 bp −$13 | 19.9 bp −$199 | 55.3 bp −$5,526 | doesn't fit |
| Sell Kalshi live order book, 3 min ago | 9.55 bp | 14.6 bp −$15 | 20.1 bp −$201 | 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 | −0.3416% | 1h | 1.0273 | −1.076% | $42K | $123K | 12x | as long as short |
| Hibachi SUI/USDT-P | −0.0376% | 1h | 1.0378 | −0.063% | $6K | $19K | 7x | as long as short |
| Reya SUIRUSDPERP | −0.0370% | 1h | 1.0375 | −0.098% | $4K | $3K | 20x | as long as short |
| Bluefin SUI-PERP | −0.0287% | 1h | 1.0365 | −0.190% | $594K | $418K | 25x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0385 | +0.006% | $95K | $176K | 10x | as long as short |
| Kalshi KXSUIPERPshort | 0.0000% | 8h | 1.0387 | +0.019% | $471K | $5.2M | 2.5x | |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0383 | −0.016% | $202K | $584K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0002% | 1h | 1.0376 | −0.084% | $120K | — | 150x | as long as short |
| Kraken Futures PF_SUIUSDlong | +0.0039% | 1h | 1.0385 | long leg | $7.2M | $24.3M | 50x | |
| GRVT SUI_USDT_Perp | +0.0059% | 8h | 1.0376 | −0.080% | $451K | $7.2M | 10x | as long as short |
Injective SUI/USDC PERP
Hibachi SUI/USDT-P
Reya SUIRUSDPERP
Bluefin SUI-PERP
dYdX SUI-USD
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
GRVT SUI_USDT_PerpShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUIUSD | +0.0072% | 1h | 1.0384 | −0.007% | $9K | $9K | 10x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0382 | −0.026% | $798K | $5.8M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0385 | +0.004% | $266K | $2.0M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0381 | −0.036% | $32K | $493K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0380 | −0.045% | $46K | $323K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0385 | −0.001% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0380 | −0.045% | $656K | $1.4M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0391 | +0.062% | $1.0M | $4.8M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0387 | +0.018% | $226K | $258K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0392 | +0.070% | $154.6M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0395 | +0.099% | $104.1M | $307.9M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0389 | +0.041% | $41.6M | $388.9M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0380 | −0.045% | $46K | $387K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0367 | −0.175% | $244K | $1K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0391 | +0.061% | $167.6M | $80.3M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0391 | +0.061% | $151.0M | $290.9M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0388 | +0.032% | $50.7M | $53.3M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0388 | +0.032% | $68.4M | $167.2M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0391 | +0.061% | — | $81.8M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0385 | +0.003% | $674K | $1.1M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0378 | −0.066% | $2.3M | $2.9M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0370 | −0.137% | $169K | $4.5M | 20x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0378 | −0.065% | $238K | $450K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0385 | +0.003% | $118K | $759K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0401 | +0.157% | $2K | $1.9M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0381 | −0.036% | $6K | $2.3M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0380 | −0.045% | $645K | $18.7M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0381 | −0.036% | $11.6M | $25.0M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0392 | +0.074% | $1.4M | $3.8M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0385 | +0.003% | $39K | $16K | 3x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0200% | 1h | 1.0388 | +0.032% | $994K | $14.2M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0384 | −0.007% | $8.1M | $24.3M | 100x | as long as short |
| Phoenix SUI | +0.0299% | 1h | 1.0382 | −0.029% | $206K | $590K | 10x | as long as short |
| Hyperliquid SUI | +0.0416% | 1h | 1.0403 | +0.176% | $75.6M | $80.5M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0636% / S −0.0322% | 1h | 1.0374 | −0.101% | $897K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.0938% | 1h | 1.0389 | +0.046% | $92K | $366K | 10x | as long as short |
01 Exchange SUIUSD
Lighter SUI
Lighter RH SUI
Popdex SUIUSDT
Orderly PERP_SUI_USDC
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-USDT
Backpack SUI_USDC_PERP
Variational Omni SUI
edgeX SUIUSDC
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
Hyperliquid SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD