Funding you earn now, next payment 01:00 UTC+0.0314%/8h= +34.4% APRpaid last 24h +0.116%
Price spread now: Hyperliquid against Binance+0.151%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$5as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$260.263% of the position
Funding, last 7 days+0.211%+$21 on $10k
+Price spread, last 7 days−0.146%−$15 · spread now +0.151%, 7d avg +0.064%
=Together, before fees+0.065%+ Points / potential airdropHyperliquid: Season 2 · farm board+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Hyperliquid is 0.087% dearer against Binance than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.064%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.211% in total (about 11.0% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SUIUSDT | 1.0663 | 0.0100 | pay 0.0100% / 8h | 7h 20m | $158.6M | $1.02B | 75x |
| Short | Hyperliquid SUI | 1.0679 | 0.0414 | get 0.0052% / 1h | 20m 44s | $77.2M | $79.0M | 10x |
Binance SUIUSDT
Hyperliquid SUIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Binance. 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
- $65.9
- Price spread: +0.151% → +0.064%
- $8.68
- Slippage, 4 orders
- −$7.33
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $48.24
- Costs to cover
- 0.263%
- Break-even
- 1.9 days
Slippage from Binance: live order book, 8 min ago; Hyperliquid: live order book, 3 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 Binance live order book, 8 min ago | 0.47 bp | 6.6 bp −$7 | 10.1 bp −$101 | 24.1 bp −$2,407 | 87.2 bp −$43.6K |
| Sell Hyperliquid live order book, 3 min ago | 1.40 bp | 5.9 bp −$6 | 8.6 bp −$86 | 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 | −2.550% | $43K | $123K | 12x | as long as short |
| Bluefin SUI-PERP | −0.0514% | 1h | 1.0681 | +0.170% | $613K | $410K | 25x | as long as short |
| Hibachi SUI/USDT-P | −0.0464% | 1h | 1.0680 | +0.159% | $6K | $18K | 7x | as long as short |
| Reya SUIRUSDPERP | −0.0371% | 1h | 1.0689 | +0.249% | $4K | $3K | 20x | as long as short |
| Phemex SUIUSDT | −0.0195% | 8h | 1.0675 | +0.114% | $12.0M | $25.2M | 50x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0661 | −0.015% | $98K | $169K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0667 | +0.040% | $521K | $4.9M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0703 | +0.376% | $208K | $582K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0704 | +0.383% | $118K | — | 150x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0037% | 1h | 1.0703 | +0.379% | $7.4M | $24.1M | 50x | as long as short |
Injective SUI/USDC PERP
Bluefin SUI-PERP
Hibachi SUI/USDT-P
Reya SUIRUSDPERP
Phemex SUIUSDT
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Kraken Futures PF_SUIUSDShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUIUSD | +0.0064% | 1h | 1.0701 | +0.357% | $9K | $9K | 10x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0668 | +0.050% | $832K | $5.9M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0672 | +0.084% | $284K | $2.1M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0676 | +0.123% | $31K | $480K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0697 | +0.320% | $50K | $312K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0705 | +0.395% | $28K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0686 | +0.217% | $680K | $1.4M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0691 | +0.264% | $1.0M | $4.8M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0665 | +0.019% | $232K | $253K | 10x | as long as short |
| Binance SUIUSDTlong | +0.0100% | 8h | 1.0663 | long leg | $158.6M | $1.02B | 75x | |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0669 | +0.057% | $106.3M | $305.7M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0677 | +0.132% | $42.7M | $394.7M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0700 | +0.348% | $47K | $387K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0564 | −0.926% | $248K | $1K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0689 | +0.245% | $175.0M | $82.0M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0675 | +0.114% | $158.0M | $298.4M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0662 | −0.008% | $51.9M | $52.7M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0692 | +0.273% | $70.0M | $167.6M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0699 | +0.339% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0667 | +0.038% | $683K | $1.1M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0701 | +0.355% | $2.5M | $2.9M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0652 | −0.102% | $175K | $4.6M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0647 | −0.149% | $464K | $7.2M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0661 | −0.018% | $237K | $493K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0691 | +0.264% | $122K | $749K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0712 | +0.461% | $2K | $1.9M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0693 | +0.282% | $6K | $2.2M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0706 | +0.404% | $656K | $18.9M | 75x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0694 | +0.292% | $1.5M | $4.0M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0692 | +0.276% | $41K | $16K | 3x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0200% | 1h | 1.0694 | +0.292% | $1.0M | $14.8M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0680 | +0.160% | $8.2M | $25.1M | 100x | as long as short |
| Phoenix SUI | +0.0299% | 1h | 1.0682 | +0.182% | $211K | $590K | 10x | as long as short |
| Hyperliquid SUIshort | +0.0414% | 1h | 1.0679 | +0.151% | $77.2M | $79.0M | 10x | |
| GMX SUI/USD [ETH-USDC] | L +0.0633% / S −0.0314% | 1h | 1.0705 | +0.397% | $910K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.0896% | 1h | 1.0628 | −0.332% | $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
Bybit SUIUSDT
OKX SUI-USDT-SWAP
Arcus SUI-USD
Bulk SUI-USD
Gate SUI_USDT
MEXC SUI_USDT
KuCoin SUIUSDTM
Bitget SUIUSDT
BingX SUI-USDC
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
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD