Funding you earn now, next payment 20:00 UTC+0.0422%/8hnext payment +$0.53 per $10,000 · paid last 24h +0.038%
Price spread now: Kraken Futures against gTrade (Gains Network)−0.068%7-day average +0.029% · 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−$310as in the Price arb table
costs, in and out, $10k−$3013.008% of the position
Funding, last 3 days (all we have)+0.119%+$12 on $10k
+Price spread, last 3 days (all we have)+0.098%+$10 · spread now −0.068%, 7d avg +0.029%
=Funding pays, the price is against you. Kraken Futures is 0.096% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.068% now, against its 7-day average of +0.029%). If the spread goes back, that is −$10 on $10k: about 18 hours of funding at the current rate (+$13 a day). At the pace of the last 3 days (+0.119% in total) that is about 2.4 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.119% in total (about 14.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.53 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 | gTrade (Gains Network) SUI/USD | 1.0193 | L +0.0003% / S −0.0003% | pay 0.0000% / 1h | 23m 33s | $119K | — | 150x |
| Short | Kraken Futures PF_SUIUSD | 1.0186 | 0.0425 | get 0.0053% / 1h | 23m 33s | $6.8M | $23.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against gTrade (Gains Network). 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
- $88.69
- Price spread: −0.068% → +0.029%
- −$9.64
- Slippage, 4 orders
- −$280.78
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$221.73
- Costs to cover
- 3.008%
- Break-even
- 24.5 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 9 min ago; Kraken Futures: live order book, 5 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 gTrade (Gains Network) virtual book (oracle venue), 9 min ago | 130.05 bp | 142.9 bp −$143 | 977.3 bp −$9,773 | 10438.8 bp −$1.04M | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 2.96 bp | 12.5 bp −$12 | 21.8 bp −$218 | 50.2 bp −$5,017 | 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 | −0.3420% | 1h | 1.0054 | −1.365% | $41K | $42K | 12x | as long as short |
| Hibachi SUI/USDT-P | −0.0456% | 1h | 1.0191 | −0.023% | $6K | $19K | 7x | as long as short |
| Reya SUIRUSDPERP | −0.0364% | 1h | 1.0209 | +0.152% | $4K | $3K | 20x | as long as short |
| Bluefin SUI-PERP | −0.0162% | 1h | 1.0180 | −0.129% | $582K | $411K | 25x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0217 | +0.234% | $93K | $104K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0195 | +0.018% | $486K | $5.6M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0194 | +0.009% | $198K | $509K | 25x | as long as short |
| gTrade (Gains Network) SUI/USDlong | L +0.0003% / S −0.0003% | 1h | 1.0193 | long leg | $119K | — | 150x | |
| Orderly PERP_SUI_USDC | +0.0096% | 8h | 1.0188 | −0.050% | $44K | $390K | 20x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0217 | +0.231% | $801K | $5.8M | 10x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SUI | +0.0096% | 1h | 1.0219 | +0.255% | $248K | $2.0M | 10x | as long as short |
| 01 Exchange SUIUSD | +0.0096% | 1h | 1.0223 | +0.293% | $8K | $8K | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0217 | +0.234% | $34K | $501K | 50x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0193 | +0.004% | $595K | $1.4M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0218 | +0.244% | $1.0M | $4.6M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0213 | +0.196% | $224K | $252K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0211 | +0.173% | $152.0M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0211 | +0.174% | $105.1M | $305.2M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0208 | +0.146% | $41.9M | $383.4M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0220 | +0.264% | $45K | $197K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0127 | −0.653% | $239K | −$0 | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0216 | +0.225% | $164.9M | $80.8M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0213 | +0.195% | $153.3M | $285.2M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0216 | +0.225% | $51.3M | $48.1M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0206 | +0.127% | $70.1M | $169.7M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0217 | +0.234% | — | $79.6M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0186 | −0.070% | $658K | $1.1M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0134 | −0.575% | $2.3M | $2.8M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0157 | −0.357% | $165K | $4.4M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0199 | +0.055% | $444K | $6.8M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0165 | −0.276% | $243K | $449K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0217 | +0.234% | $107K | $806K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0201 | +0.078% | $2K | $1.9M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0180 | −0.129% | $6K | $2.4M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0189 | −0.040% | $633K | $18.9M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0185 | −0.079% | $11.4M | $23.7M | 50x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0212 | +0.190% | $27K | $9K | 30x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0214 | +0.209% | $1.5M | $3.8M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0192 | −0.010% | $48K | $38K | 3x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0216% | 1h | 1.0204 | +0.107% | $1.0M | $14.1M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0189 | −0.040% | $8.2M | $22.4M | 100x | as long as short |
| Hyperliquid SUI | +0.0288% | 1h | 1.0223 | +0.293% | $73.2M | $83.4M | 10x | as long as short |
| Phoenix SUI | +0.0300% | 1h | 1.0156 | −0.361% | $183K | $576K | 10x | as long as short |
| Kraken Futures PF_SUIUSDshort | +0.0425% | 1h | 1.0186 | −0.068% | $6.8M | $23.7M | 50x | |
| GMX SUI/USD [ETH-USDC] | L +0.0587% / S −0.0223% | 1h | 1.0193 | −0.001% | $737K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.0812% | 1h | 1.0164 | −0.282% | $121K | $352K | 10x | as long as short |
gTrade (Gains Network) SUI/USD
Kraken Futures PF_SUIUSD
Injective SUI/USDC PERP
Bluefin SUI-PERP
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
Lighter SUI
Lighter RH SUI
01 Exchange SUIUSD
Popdex SUIUSDT
Aster SUIUSDT
Pacifica SUI
Binance SUIUSDT
Bybit SUIUSDT
OKX SUI-USDT-SWAP
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
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
Paradex SUI-USD-PERP
Extended SUI-USD
Coinbase International SUI-PERP-INTX
BloFin SUI-USDT
Hyperliquid SUI
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD