Funding you earn now, next payment 05:00 UTC+0.0163%/8h= +17.8% APRnext payment +$0.20 per $10,000 · paid last 24h −0.014%
Price spread now: Popdex against Kraken Futures−0.311%7-day average −0.028% · 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−$81as in the Price arb table
costs, in and out, $10k−$520.523% of the position
Funding, last 4 days (all we have)−0.031%−$3 on $10k
+Price spread, last 4 days (all we have)+0.259%+$26 · spread now −0.311%, 7d avg −0.028%
=Funding pays, the price is against you. Popdex is 0.283% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.311% now, against its 7-day average of −0.028%). If the spread goes back, that is −$28 on $10k: about 5.8 days of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SUIUSD | 1.0346 | −0.0067 | get 0.0008% / 1h | 42m 28s | $6.8M | $26.8M | 50x |
| Short | Popdex SUIUSDT | 1.0314 | 0.0096 | get 0.0012% / 1h | 42m 28s | $43K | $514K | 50x |
Kraken Futures PF_SUIUSD
Popdex SUIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex 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
- $34.15
- Price spread: −0.311% → −0.028%
- −$28.32
- Slippage, 4 orders
- −$35.94
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$46.51
- Costs to cover
- 0.523%
- Break-even
- 16.5 days
Slippage from Kraken Futures: live order book, 2 min ago; Popdex: live order book, 11 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, 2 min ago | 2.90 bp | 12.5 bp −$13 | 18.5 bp −$185 | 40.8 bp −$4,081 | doesn't fit |
| Sell Popdex live order book, 11 min ago | 7.28 bp | 12.4 bp −$12 | 32.4 bp −$324 | 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 | 1.0204 | −1.374% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0376% | 1h | 1.0309 | −0.355% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0280% | 1h | 1.0349 | +0.032% | $6K | $19K | 7x | as long as short |
| Kraken Futures PF_SUIUSDlong | −0.0067% | 1h | 1.0346 | long leg | $6.8M | $26.8M | 50x | |
| Bluefin SUI-PERP | −0.0003% | 1h | 1.0331 | −0.147% | $591K | $406K | 25x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0325 | −0.203% | $130K | $227K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0342 | −0.041% | $483K | $5.0M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0345 | −0.011% | $201K | $572K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0341 | −0.050% | $116K | — | 150x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0324 | −0.213% | $791K | $5.4M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
Bluefin SUI-PERP
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
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 | 1.0326 | −0.196% | $298K | $2.2M | 10x | as long as short |
| Popdex SUIUSDTshort | +0.0096% | 1h | 1.0314 | −0.311% | $43K | $514K | 50x | |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0315 | −0.298% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0313 | −0.321% | $583K | $2.0M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0327 | −0.186% | $903K | $4.6M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0320 | −0.253% | $223K | $259K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0316 | −0.288% | $149.1M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0313 | −0.323% | $101.5M | $309.5M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0309 | −0.359% | $40.4M | $386.5M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0310 | −0.350% | $44K | $330K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0345 | −0.015% | $243K | $5K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0313 | −0.321% | $169.8M | $81.2M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0313 | −0.321% | $151.8M | $292.9M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0324 | −0.214% | $50.1M | $54.2M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0308 | −0.369% | $67.2M | $172.5M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0314 | −0.311% | — | $82.1M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0348 | +0.018% | $654K | $1.4M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0337 | −0.092% | $2.5M | $3.4M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0326 | −0.192% | $169K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0341 | −0.055% | $447K | $7.6M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0335 | −0.108% | $226K | $430K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0322 | −0.234% | $123K | $744K | 10x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0343 | −0.031% | $48K | $138K | 20x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0327 | −0.185% | $2K | $1.7M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0344 | −0.021% | $14K | $2.1M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0347 | +0.008% | $575K | $19.6M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0343 | −0.031% | $11.9M | $26.9M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0307 | −0.377% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0347 | +0.008% | $39K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0152% | 1h | 1.0319 | −0.263% | $9K | $3K | 10x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0346 | −0.002% | $7.8M | $24.8M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0248% | 1h | 1.0354 | +0.076% | $978K | $15.1M | 50x | as long as short |
| Phoenix SUI | +0.0408% | 1h | 1.0361 | +0.140% | $210K | $415K | 10x | as long as short |
| Hyperliquid SUI | +0.0427% | 1h | 1.0324 | −0.214% | $74.6M | $81.5M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0612% / S −0.0267% | 1h | 1.0342 | −0.043% | $956K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1500% | 1h | 1.0356 | +0.093% | $83K | $402K | 10x | as long as short |
Lighter RH SUI
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
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
Phoenix SUI
Hyperliquid SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD