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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0167%/8h= +18.3% APRnext payment +$0.21 per $10,000 · paid last 24h −0.014%
Price spread now: SoDEX against Kraken Futures+0.003%7-day average −0.028% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$420.424% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.040%−$4 on $10k
Price spread, last 4 days (all we have)−0.017%−$2 · spread now +0.003%, 7d avg −0.028%
Together, before fees−0.058%−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and SoDEX is 0.031% dearer against Kraken Futures than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_SUIUSD1.0248−0.0067get 0.0008% / 1h15m 01s$6.7M$25.4M50x
ShortSoDEX SUI-USD1.02480.0100get 0.0013% / 1h15m 01s$15K$2.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$35.13
Price spread: +0.003% → −0.028%
$3.06
Slippage, 4 orders
−$24.42
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$4.23
Costs to cover
0.424%
Break-even
7.8 days
Slippage from Kraken Futures: live order book, 4 min ago; SoDEX: live order book, 4 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, 4 min ago1.95 bp12.5 bp −$1217.1 bp −$17135.2 bp −$3,524doesn't fit
Sell SoDEX live order book, 4 min ago0.98 bp10.6 bp −$1117.9 bp −$179107.2 bp −$10.7Kdoesn'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−0.3470%1h1.0147−0.983%$42K$123K12xas long as short
Reya SUIRUSDPERP−0.0377%1h1.0250+0.026%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0168%1h1.0278+0.291%$6K$19K7xas long as short
Kraken Futures PF_SUIUSDlong−0.0067%1h1.0248long leg$6.7M$25.4M50x
dYdX SUI-USD0.0000%1h1.0259+0.112%$129K$227K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0267+0.183%$481K$5.1M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0249+0.012%$199K$572K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0253+0.055%$115K150xas long as short
Bluefin SUI-PERP+0.0039%1h1.0237−0.105%$587K$407K25xas long as short
Lighter SUI+0.0096%1h1.0251+0.029%$777K$5.5M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SUI+0.0096%1h1.0250+0.019%$305K$2.2M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0258+0.100%$46K$517K50xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0262+0.137%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0259+0.115%$581K$2.1M10xas long as short
Aster SUIUSDT+0.0100%8h1.02480.000%$885K$4.5M75xas long as short
Pacifica SUI+0.0100%1h1.0263+0.153%$222K$256K10xas long as short
Binance SUIUSDT+0.0100%8h1.0247−0.010%$145.9M$1.04B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0245−0.028%$100.8M$308.9M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0243−0.046%$40.0M$385.7M50xas long as short
Arcus SUI-USD+0.0100%1h1.0270+0.217%$43K$330K10xas long as short
Gate SUI_USDT+0.0100%8h1.0243−0.046%$167.8M$83.1M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0244−0.036%$152.9M$295.8M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0248+0.003%$50.5M$54.1M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0240−0.075%$67.0M$173.9M75xas long as short
BingX SUI-USDC+0.0100%8h1.0245−0.027%$6.5Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0244−0.036%$638K$1.3M20xas long as short
Variational Omni SUI+0.0100%8h1.0262+0.136%$2.4M$3.4Mas long as short
edgeX SUIUSDC+0.0100%4h1.0277+0.288%$167K$4.6M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0273+0.247%$444K$7.6M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0274+0.256%$224K$434K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0266+0.178%$123K$723K10xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0250+0.022%$47K$176K20xas long as short
SunX SUI-USDT+0.0100%8h1.0290+0.413%$2K$1.7M30xas long as short
SoDEX SUI-USDshort+0.0100%1h1.0248+0.003%$15K$2.0M10x
HTX SUI-USDT+0.0100%8h1.0248+0.003%$593K$19.5M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0252+0.042%$11.8M$27.3M50xas long as short
Bulk SUI-USD+0.0100%1h1.0239−0.085%$241K$4K10xas long as short
Extended SUI-USD+0.0104%1h1.0242−0.054%$1.4M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0254+0.065%$39K$11K3xas long as short
01 Exchange SUIUSD+0.0152%1h1.0262+0.139%$9K$3K10xas long as short
BloFin SUI-USDT+0.0220%8h1.0248+0.003%$7.6M$24.7M100xas long as short
Coinbase International SUI-PERP-INTX+0.0248%1h1.0255+0.071%$991K$15.1M50xas long as short
Hyperliquid SUI+0.0360%1h1.0255+0.071%$73.9M$81.2M10xas long as short
Phoenix SUI+0.0408%1h1.0281+0.327%$215K$415K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0600% / S −0.0260%1h1.0253+0.055%$937K100xas long as short
Aftermath Perps SUIUSD+0.1476%1h1.0270+0.217%$82K$405K10xas long as short