Funding you earn now, next payment 01:00 UTC−0.0037%/8h= −4.1% APRpaid last 24h −0.036%
Price spread now: Kalshi against Kraken Futures−0.029%7-day average −0.239% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$490.489% of the position
Funding, last 7 days−0.259%−$26 on $10k
+Price spread, last 3 days (all we have)+0.003%$0 · spread now −0.029%, 7d avg −0.239%
=The price spread pays, funding is against you. Kalshi is 0.211% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.029% now, against its 7-day average of −0.239%): +$21 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 19 days. At the pace of the last 7 days (−0.259% in total) that is about 5.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SUIUSD | 1.0683 | 0.0037 | pay 0.0005% / 1h | 22m 16s | $7.4M | $24.1M | 50x |
| Short | Kalshi KXSUIPERP | 1.0680 | 0 | get 0.0000% / 8h | 3h 22m | $519K | $4.9M | 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
- −$7.87
- Price spread: −0.029% → −0.239%
- $21.07
- Slippage, 4 orders
- −$28.93
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$35.73
- Costs to cover
- 0.489%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 2 min ago; Kalshi: live order book, 1 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 | 3.75 bp | 12.0 bp −$12 | 19.4 bp −$194 | 43.5 bp −$4,352 | doesn't fit |
| Sell Kalshi live order book, 1 min ago | 7.03 bp | 12.0 bp −$12 | 20.3 bp −$203 | 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 | 1.0391 | −2.737% | $43K | $123K | 12x | as long as short |
| Bluefin SUI-PERP | −0.0525% | 1h | 1.0663 | −0.191% | $612K | $409K | 25x | as long as short |
| Hibachi SUI/USDT-P | −0.0464% | 1h | 1.0652 | −0.290% | $6K | $18K | 7x | as long as short |
| Reya SUIRUSDPERP | −0.0371% | 1h | 1.0675 | −0.079% | $4K | $3K | 20x | as long as short |
| Phemex SUIUSDT | −0.0301% | 8h | 1.0674 | −0.088% | $12.0M | $25.2M | 50x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0698 | +0.140% | $98K | $169K | 10x | as long as short |
| Kalshi KXSUIPERPshort | 0.0000% | 8h | 1.0680 | −0.029% | $519K | $4.9M | 2.5x | |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0679 | −0.041% | $207K | $582K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0677 | −0.062% | $118K | — | 150x | as long as short |
| Kraken Futures PF_SUIUSDlong | +0.0037% | 1h | 1.0683 | long leg | $7.4M | $24.1M | 50x |
Injective SUI/USDC PERP
Bluefin SUI-PERP
Hibachi SUI/USDT-P
Reya SUIRUSDPERP
Phemex SUIUSDT
dYdX SUI-USD
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USDShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUIUSD | +0.0072% | 1h | 1.0666 | −0.163% | $9K | $9K | 10x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0679 | −0.042% | $833K | $5.9M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0678 | −0.047% | $280K | $2.0M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0665 | −0.172% | $31K | $481K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0677 | −0.060% | $49K | $312K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0715 | +0.295% | $28K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0665 | −0.172% | $681K | $1.4M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0683 | −0.005% | $1.0M | $4.8M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0684 | +0.010% | $232K | $253K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0671 | −0.120% | $158.7M | $1.02B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0689 | +0.056% | $106.8M | $305.4M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0689 | +0.053% | $42.7M | $395.6M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0670 | −0.125% | $47K | $387K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0564 | −1.116% | $248K | $1K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0679 | −0.041% | $174.9M | $81.6M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0683 | −0.003% | $155.9M | $297.7M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0677 | −0.060% | $52.1M | $52.7M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0671 | −0.116% | $69.8M | $167.4M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0679 | −0.041% | — | $81.8M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0649 | −0.322% | $679K | $1.1M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0638 | −0.427% | $2.4M | $2.9M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0641 | −0.395% | $175K | $4.6M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0647 | −0.340% | $464K | $7.2M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0557 | −1.183% | $235K | $493K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0686 | +0.025% | $121K | $749K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0687 | +0.034% | $3K | $1.9M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0674 | −0.088% | $6K | $2.2M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0671 | −0.116% | $654K | $18.8M | 75x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0674 | −0.087% | $1.5M | $3.9M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0675 | −0.074% | $41K | $16K | 3x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0200% | 1h | 1.0678 | −0.050% | $1.0M | $14.7M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0650 | −0.312% | $8.1M | $24.9M | 100x | as long as short |
| Phoenix SUI | +0.0299% | 1h | 1.0647 | −0.345% | $211K | $590K | 10x | as long as short |
| Hyperliquid SUI | +0.0420% | 1h | 1.0692 | +0.081% | $77.4M | $78.8M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0633% / S −0.0314% | 1h | 1.0678 | −0.051% | $911K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.0895% | 1h | 1.0610 | −0.688% | $78K | $379K | 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
GRVT SUI_USDT_Perp
ApeX Omni SUIUSDT
Polymarket Perps SUI-USD
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
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