Funding you earn now, next payment 07:00 UTC−0.0265%/8h= −29.0% APRnext payment −$0.33 per $10,000 · paid last 24h −0.011%
Price spread now: Arcus against Kraken Futures+0.265%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$11as in the Price arb table
costs, in and out, $10k−$400.400% of the position
Funding, last 4 days (all we have)−0.026%−$3 on $10k
+Price spread, last 4 days (all we have)−0.316%−$32 · spread now +0.265%, 7d avg −0.029%
=The price spread pays, funding is against you. Arcus is 0.295% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.265% now, against its 7-day average of −0.029%): +$29 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 3.7 days. At the pace of the last 4 days (−0.026% in total) that is about 42 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.026% in total (about -2.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.33 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 | Kraken Futures PF_SUIUSD | 1.0173 | 0.0365 | pay 0.0046% / 1h | 21m 37s | $6.8M | $22.3M | 50x |
| Short | Arcus SUI-USD | 1.0200 | 0.0100 | get 0.0013% / 1h | 21m 37s | $43K | $328K | 10x |
Kraken Futures PF_SUIUSD
Arcus SUI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus 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
- −$55.6
- Price spread: +0.265% → −0.029%
- $29.47
- Slippage, 4 orders
- −$25.52
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$66.15
- Costs to cover
- 0.400%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 2 min ago; Arcus: live order book, 22 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 | 0.98 bp | 10.6 bp −$11 | 16.9 bp −$169 | 37.2 bp −$3,725 | doesn't fit |
| Sell Arcus live order book, 22 min ago | 4.93 bp | 9.2 bp −$9 | 29.2 bp −$292 | 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 | −0.3536% | 1h | 1.0080 | −0.914% | $41K | $113K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0380% | 1h | 1.0175 | +0.020% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0240% | 1h | 1.0182 | +0.087% | $5K | $21K | 7x | as long as short |
| Bluefin SUI-PERP | −0.0091% | 1h | 1.0159 | −0.138% | $582K | $424K | 25x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0197 | +0.236% | $96K | $258K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0184 | +0.103% | $373K | $4.9M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0172 | −0.010% | $196K | $563K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0176 | +0.026% | $115K | — | 150x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0199 | +0.259% | $788K | $5.3M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0198 | +0.248% | $298K | $2.2M | 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 SUI
Lighter RH SUIShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex SUIUSDT | +0.0096% | 1h | 1.0188 | +0.147% | $37K | $521K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0174 | +0.010% | $47K | $217K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0194 | +0.206% | $27K | $8K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0186 | +0.123% | $691K | $2.2M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0187 | +0.138% | $899K | $4.3M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0197 | +0.237% | $218K | $260K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0189 | +0.158% | $145.8M | $1.01B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0184 | +0.109% | $98.6M | $314.6M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0187 | +0.138% | $41.2M | $376.3M | 50x | as long as short |
| Arcus SUI-USDshort | +0.0100% | 1h | 1.0200 | +0.265% | $43K | $328K | 10x | |
| Bulk SUI-USD | +0.0100% | 1h | 1.0191 | +0.173% | $240K | $1K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0191 | +0.177% | $167.6M | $83.5M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0194 | +0.206% | $152.8M | $292.4M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0194 | +0.206% | $50.1M | $52.8M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0186 | +0.128% | $67.1M | $171.8M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0190 | +0.167% | — | $86.8M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0168 | −0.049% | $668K | $1.3M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0199 | +0.253% | $2.4M | $3.5M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0176 | +0.032% | $163K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0180 | +0.067% | $443K | $7.1M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0173 | 0.000% | $223K | $379K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0186 | +0.128% | $127K | $673K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0196 | +0.226% | $2K | $1.6M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0171 | −0.020% | $5K | $1.8M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0179 | +0.059% | $627K | $18.4M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0179 | +0.059% | $11.7M | $28.2M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0187 | +0.133% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0176 | +0.033% | $39K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0192% | 1h | 1.0193 | +0.197% | $9K | $2K | 10x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0173 | 0.000% | $7.5M | $24.5M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0280% | 1h | 1.0198 | +0.246% | $1.0M | $14.7M | 50x | as long as short |
| Kraken Futures PF_SUIUSDlong | +0.0365% | 1h | 1.0173 | long leg | $6.8M | $22.3M | 50x | |
| Phoenix SUI | +0.0431% | 1h | 1.0208 | +0.345% | $202K | $413K | 10x | as long as short |
| Hyperliquid SUI | +0.0438% | 1h | 1.0203 | +0.295% | $73.3M | $81.3M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0601% / S −0.0263% | 1h | 1.0175 | +0.019% | $935K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1372% | 1h | 1.0178 | +0.048% | $82K | $410K | 10x | as long as short |
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
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
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