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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0046%/8h= +5.1% APRnext payment +$0.06 per $10,000 · paid last 24h −0.024%
Price spread now: Nado against Kraken Futures+0.121%7-day average −0.043% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$400.396% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.035%−$4 on $10k
Price spread, last 4 days (all we have)−0.247%−$25 · spread now +0.121%, 7d avg −0.043%
Together, before fees−0.282%+ Points / potential airdropNado: Active · farm board−$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Nado is 0.164% dearer against Kraken Futures than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.043%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_SUIUSD1.02110.0054pay 0.0007% / 1h57m 38s$6.8M$21.0M50x
ShortNado SUI-PERP1.02230.0100get 0.0012% / 1h57m 38s$674K$2.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
$9.72
Price spread: +0.121% → −0.043%
$16.4
Slippage, 4 orders
−$22.59
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$13.46
Costs to cover
0.396%
Break-even
16.7 days
Slippage from Kraken Futures: live order book, 1 min ago; Nado: live order book, 1 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, 1 min ago0.49 bp12.3 bp −$1231.0 bp −$31073.2 bp −$7,321doesn't fit
Sell Nado live order book, 1 min ago0.98 bp7.6 bp −$823.8 bp −$238doesn'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−0.3772%1h1.0143−0.662%$42K$113K12xas long as short
Reya SUIRUSDPERP−0.0383%1h1.0221+0.101%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0376%1h1.0256+0.445%$6K$17K7xas long as short
Bluefin SUI-PERP−0.0244%1h1.0205−0.055%$587K$437K25xas long as short
dYdX SUI-USD0.0000%1h1.0199−0.112%$95K$245K10xas long as short
01 Exchange SUIUSD0.0000%1h1.0231+0.200%$8K$3K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0232+0.209%$376K$3.9M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0216+0.053%$196K$521K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0259+0.475%$116K150xas long as short
Backpack SUI_USDC_PERP+0.0053%1h1.0189−0.212%$668K$1.3M20xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SUIUSDlong+0.0054%1h1.0211long leg$6.8M$21.0M50x
Lighter SUI+0.0096%1h1.0197−0.134%$755K$4.6M10xas long as short
Lighter RH SUI+0.0096%1h1.0198−0.121%$320K$2.1M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0227+0.161%$52K$520K50xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0196−0.144%$27K$6K30xas long as short
Nado SUI-PERPshort+0.0100%1h1.0223+0.121%$674K$2.0M10x
Hyperliquid SUI+0.0100%1h1.0205−0.055%$73.8M$74.9M10xas long as short
Aster SUIUSDT+0.0100%8h1.0200−0.107%$906K$3.9M75xas long as short
Pacifica SUI+0.0100%1h1.0197−0.133%$217K$214K10xas long as short
Binance SUIUSDT+0.0100%8h1.0196−0.143%$144.6M$938.7M75xas long as short
Bybit SUIUSDT+0.0100%8h1.0192−0.182%$98.0M$291.9M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0193−0.172%$41.0M$345.2M50xas long as short
Arcus SUI-USD+0.0100%1h1.0200−0.104%$43K$318K10xas long as short
Bulk SUI-USD+0.0100%1h1.0247+0.356%$235K$7K10xas long as short
Gate SUI_USDT+0.0100%8h1.0188−0.221%$168.1M$71.6M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0194−0.163%$93.9M$270.6M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0199−0.114%$52.4M$48.9M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0191−0.192%$67.3M$157.0M75xas long as short
BingX SUI-USDT+0.0100%8h1.0194−0.163%$85.8Mas long as short
Variational Omni SUI+0.0100%8h1.0248+0.362%$2.4M$3.1Mas long as short
edgeX SUIUSDC+0.0100%4h1.0262+0.503%$165K$4.2M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0255+0.432%$439K$7.0M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0264+0.523%$207K$355K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0234+0.229%$123K$510K10xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0218+0.072%$55K$652K20xas long as short
SunX SUI-USDT+0.0100%8h1.0227+0.161%$2K$1.5M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0207−0.035%$6K$1.4M10xas long as short
HTX SUI-USDT+0.0100%8h1.0214+0.033%$777K$17.5M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0211+0.004%$11.8M$28.5M50xas long as short
Extended SUI-USD+0.0104%1h1.0181−0.293%$1.5M$3.9M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0218+0.068%$39K$11K3xas long as short
BloFin SUI-USDT+0.0220%8h1.0231+0.200%$7.5M$24.3M100xas long as short
Coinbase International SUI-PERP-INTX+0.0320%1h1.0218+0.072%$1.0M$12.8M50xas long as short
Phoenix SUI+0.0426%1h1.0265+0.530%$205K$337K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0612% / S −0.0269%1h1.0261+0.496%$956K100xas long as short
Aftermath Perps SUIUSD+0.1031%1h1.0249+0.378%$81K$413K10xas long as short