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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0189%/8h= +20.7% APRpaid last 24h +0.011%
Price spread now: Kraken Futures against KuCoin+0.169%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$460.461% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.091%+$9 on $10k
Price spread, last 3 days (all we have)−0.153%−$15 · spread now +0.169%, 7d avg +0.019%
Together, before fees−0.062%−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Kraken Futures is 0.150% dearer against KuCoin than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.019%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.091% in total (about 4.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SUIUSDTM1.03760.0100pay 0.0100% / 8h5h 48m$50.7M$53.7M75x
ShortKraken Futures PF_SUIUSD1.03940.0289get 0.0036% / 1h48m 26s$6.8M$26.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against KuCoin. 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
$39.7
Price spread: +0.169% → +0.019%
$14.96
Slippage, 4 orders
−$24.12
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$8.54
Costs to cover
0.461%
Break-even
5.5 days
Slippage from KuCoin: live order book, 6 min ago; Kraken Futures: live order book, 6 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 KuCoin live order book, 6 min ago2.41 bp12.7 bp −$1324.9 bp −$249doesn't fitdoesn't fit
Sell Kraken Futures live order book, 6 min ago3.37 bp10.7 bp −$1117.0 bp −$17041.0 bp −$4,104doesn't fit

SUI on 45 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−0.3542%1h1.0291−0.819%$42K$123K12xas long as short
Reya SUIRUSDPERP−0.0373%1h1.0383+0.069%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0232%1h1.0381+0.052%$6K$19K7xas long as short
dYdX SUI-USD0.0000%1h1.0382+0.058%$95K$168K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0395+0.181%$511K$4.8M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0387+0.106%$202K$576K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0381+0.050%$113K150xas long as short
Bluefin SUI-PERP+0.0008%1h1.0367−0.087%$593K$411K25xas long as short
Lighter SUI+0.0096%1h1.0377+0.007%$824K$5.6M10xas long as short
Lighter RH SUI+0.0096%1h1.0378+0.017%$278K$2.1M10xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex SUIUSDT+0.0096%1h1.0377+0.010%$32K$500K50xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0388+0.113%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0381+0.053%$718K$1.9M10xas long as short
Aster SUIUSDT+0.0100%8h1.0381+0.045%$911K$4.7M75xas long as short
Pacifica SUI+0.0100%1h1.0380+0.034%$227K$265K10xas long as short
Binance SUIUSDT+0.0100%8h1.0382+0.061%$152.4M$1.03B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0381+0.048%$102.9M$308.8M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0382+0.058%$41.0M$384.9M50xas long as short
Arcus SUI-USD+0.0100%1h1.0370−0.058%$44K$373K10xas long as short
Bulk SUI-USD+0.0100%1h1.0402+0.252%$245K$4K10xas long as short
Gate SUI_USDT+0.0100%8h1.0383+0.067%$164.7M$82.5M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0385+0.087%$150.7M$291.0M300xas long as short
KuCoin SUIUSDTMlong+0.0100%8h1.0376long leg$50.7M$53.7M75x
Bitget SUIUSDT+0.0100%8h1.0382+0.058%$67.7M$168.6M75xas long as short
BingX SUI-USDT+0.0100%8h1.0385+0.087%$82.1Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0368−0.077%$706K$1.3M20xas long as short
Variational Omni SUI+0.0100%8h1.0464+0.853%$2.4M$3.2Mas long as short
edgeX SUIUSDC+0.0100%4h1.0397+0.206%$169K$4.6M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0457+0.781%$451K$7.4M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0398+0.212%$236K$470K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0391+0.145%$122K$725K10xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0382+0.058%$47K$239K20xas long as short
SunX SUI-USDT+0.0100%8h1.0398+0.212%$2K$1.8M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0387+0.106%$6K$2.1M10xas long as short
HTX SUI-USDT+0.0100%8h1.03760.000%$590K$19.9M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0369−0.067%$11.6M$26.0M50xas long as short
Extended SUI-USD+0.0104%1h1.0384+0.074%$1.5M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0387+0.109%$39K$11K3xas long as short
01 Exchange SUIUSD+0.0128%1h1.0381+0.048%$9K$3K10xas long as short
Coinbase International SUI-PERP-INTX+0.0176%1h1.0387+0.106%$991K$14.7M50xas long as short
Kraken Futures PF_SUIUSDshort+0.0289%1h1.0394+0.169%$6.8M$26.9M50x
Phoenix SUI+0.0362%1h1.0409+0.317%$211K$561K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0618% / S −0.0272%1h1.0381+0.052%$967K100xas long as short
Hyperliquid SUI+0.0671%1h1.0392+0.154%$75.3M$80.2M10xas long as short
Aftermath Perps SUIUSD+0.1225%1h1.0406+0.288%$83K$383K10xas long as short