Settings8H · net · $10k
Funding arb · Price arb /

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0197%/8h= −21.6% APRnext payment $0.25 per $10,000 · paid last 24h −0.086%
Price spread now: Bluefin against Kraken Futures−0.148%7-day average −0.147% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$490.493% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.004%$0 on $10k
Price spread, last 4 days (all we have)+0.042%+$4 · spread now −0.148%, 7d avg −0.147%
Together, before fees+0.038%+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.147%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.004% in total (about -0.2% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.25 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_SUIUSD1.01400.0119pay 0.0015% / 1h1m 59s$6.8M$21.5M50x
ShortBluefin SUI-PERP1.0125−0.0078pay 0.0010% / 1h1m 59s$580K$453K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bluefin 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

Funding earned
−$41.4
Price spread: −0.148% → −0.147%
−$0.1
Slippage, 4 orders
−$32.29
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Bluefin: 3.5 bp × 2 orders
−$7
Net
−$90.78
Costs to cover
0.493%
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 2 min ago; Bluefin: live order book, 37 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 2 min ago1.97 bp10.4 bp −$1015.6 bp −$15639.8 bp −$3,977doesn't fit
Sell Bluefin live order book, 37 min ago2.47 bp12.4 bp −$12108.9 bp −$1,089doesn't fitdoesn't fit

SUI on 46 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective SUI/USDC PERP−0.2780%1h1.0055−0.838%$41K$113K12xas long as short
Reya SUIRUSDPERP−0.0382%1h1.0135−0.052%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0264%1h1.0129−0.113%$5K$19K7xas long as short
Bluefin SUI-PERPshort−0.0078%1h1.0125−0.148%$580K$453K25x
dYdX SUI-USD0.0000%1h1.0146+0.055%$95K$257K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0136−0.036%$377K$4.2M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0138−0.020%$195K$554K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0135−0.050%$114K150xas long as short
Lighter SUI+0.0096%1h1.0140−0.001%$750K$5.1M10xas long as short
Lighter RH SUI+0.0096%1h1.0141+0.007%$297K$2.2M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex SUIUSDT+0.0096%1h1.0142+0.020%$43K$528K50xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0137−0.030%$47K$331K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0144+0.037%$27K$8K30xas long as short
Nado SUI-PERP+0.0100%1h1.0145+0.049%$675K$2.2M10xas long as short
Aster SUIUSDT+0.0100%8h1.0135−0.045%$899K$4.2M75xas long as short
Pacifica SUI+0.0100%1h1.0147+0.067%$216K$252K10xas long as short
Binance SUIUSDT+0.0100%8h1.0134−0.056%$145.8M$986.9M75xas long as short
Bybit SUIUSDT+0.0100%8h1.0132−0.079%$97.7M$307.8M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0133−0.069%$40.9M$365.8M50xas long as short
Arcus SUI-USD+0.0100%1h1.0150+0.098%$43K$321K10xas long as short
Bulk SUI-USD+0.0100%1h1.0161+0.206%$233K$7K10xas long as short
Gate SUI_USDT+0.0100%8h1.0133−0.069%$167.5M$82.6M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0137−0.030%$104.3M$292.8M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0139−0.010%$50.9M$51.8M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0127−0.128%$67.0M$167.4M75xas long as short
BingX SUI-USDT+0.0100%8h1.0137−0.030%$88.2Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0135−0.049%$667K$1.3M20xas long as short
Variational Omni SUI+0.0100%8h1.0138−0.019%$2.4M$3.4Mas long as short
edgeX SUIUSDC+0.0100%4h1.0154+0.140%$163K$4.2M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0154+0.138%$435K$7.0M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0157+0.167%$205K$371K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0149+0.089%$122K$533K10xas long as short
SunX SUI-USDT+0.0100%8h1.0157+0.167%$2K$1.6M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0138−0.020%$6K$1.7M10xas long as short
HTX SUI-USDT+0.0100%8h1.0139−0.010%$639K$18.2M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0138−0.020%$11.7M$28.2M50xas long as short
Extended SUI-USD+0.0104%1h1.0134−0.059%$1.4M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0138−0.015%$38K$11K3xas long as short
Kraken Futures PF_SUIUSDlong+0.0119%1h1.0140long leg$6.8M$21.5M50x
Hyperliquid SUI+0.0126%1h1.0146+0.059%$73.1M$77.6M10xas long as short
01 Exchange SUIUSD+0.0136%1h1.0146+0.059%$8K$3K10xas long as short
BloFin SUI-USDT+0.0220%8h1.0148+0.079%$7.6M$24.4M100xas long as short
Coinbase International SUI-PERP-INTX+0.0328%1h1.0145+0.049%$1.0M$14.3M50xas long as short
Phoenix SUI+0.0393%1h1.0168+0.272%$202K$400K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0601% / S −0.0263%1h1.0135−0.053%$932K100xas long as short
Aftermath Perps SUIUSD+0.1266%1h1.0145+0.047%$82K$409K10xas long as short