Funding you earn now, next payment 00:00 UTC+0.0691%/8h= +75.7% APRnext payment +$0.86 per $10,000 · paid last 24h +0.183%
Price spread now: Hyperliquid against Bluefin+0.203%7-day average +0.227% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$380.381% of the position
Funding, last 7 days+0.040%+$4 on $10k
+Price spread, last 3 days (all we have)+0.008%+$1 · spread now +0.203%, 7d avg +0.227%
=Together, before fees+0.049%+ Points / potential airdropHyperliquid: Season 2 · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.024% cheaper against Bluefin than usual: you would sell low and buy high (spread +0.203% now, against its 7-day average of +0.227%). If the spread goes back, that is −$2 on $10k: about 3 hours of funding at the current rate (+$21 a day). At the pace of the last 7 days (+0.040% in total) that is about 4.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.040% in total (about 2.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.86 per $10,000. 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 | Bluefin SUI-PERP | 1.0349 | −0.0064 | get 0.0008% / 1h | 7m 10s | $593K | $406K | 25x |
| Short | Hyperliquid SUI | 1.0370 | 0.0628 | get 0.0078% / 1h | 7m 10s | $75.2M | $80.9M | 10x |
Bluefin SUI-PERP
Hyperliquid SUIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Bluefin. 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
- $145.12
- Price spread: +0.203% → +0.227%
- −$2.37
- Slippage, 4 orders
- −$22.06
- Fee Bluefin: 3.5 bp × 2 orders
- −$7
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $104.69
- Costs to cover
- 0.381%
- Break-even
- 2.0 days
Slippage from Bluefin: live order book, 7 min ago; Hyperliquid: live order book, 7 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 Bluefin live order book, 7 min ago | 2.42 bp | 10.9 bp −$11 | 50.8 bp −$508 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 7 min ago | 0.48 bp | 6.3 bp −$6 | 12.5 bp −$125 | 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 | −0.3474% | 1h | 1.0288 | −0.589% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0370% | 1h | 1.0359 | +0.093% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0360% | 1h | 1.0381 | +0.313% | $6K | $19K | 7x | as long as short |
| Bluefin SUI-PERPlong | −0.0064% | 1h | 1.0349 | long leg | $593K | $406K | 25x | |
| dYdX SUI-USD | 0.0000% | 1h | 1.0365 | +0.155% | $95K | $175K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0374 | +0.244% | $464K | $5.2M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0363 | +0.135% | $201K | $587K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0002% | 1h | 1.0364 | +0.146% | $119K | — | 150x | as long as short |
| 01 Exchange SUIUSD | +0.0088% | 1h | 1.0365 | +0.155% | $9K | $9K | 10x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0362 | +0.122% | $795K | $5.9M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
01 Exchange SUIUSD
Lighter SUIShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SUI | +0.0096% | 1h | 1.0364 | +0.149% | $261K | $2.0M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0357 | +0.077% | $41K | $494K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0361 | +0.116% | $46K | $327K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0367 | +0.172% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0355 | +0.063% | $656K | $1.4M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0368 | +0.180% | $1.0M | $4.7M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0368 | +0.181% | $225K | $259K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0361 | +0.116% | $153.5M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0361 | +0.121% | $103.9M | $307.4M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0357 | +0.077% | $41.6M | $387.4M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0360 | +0.106% | $46K | $387K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0362 | +0.126% | $166.9M | $81.8M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0360 | +0.106% | $150.4M | $292.6M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0357 | +0.077% | $51.1M | $52.8M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0360 | +0.106% | $68.4M | $167.8M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0361 | +0.116% | — | $81.7M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0379 | +0.290% | $665K | $1.1M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0342 | −0.068% | $2.3M | $2.8M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0379 | +0.287% | $169K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0373 | +0.229% | $451K | $7.1M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0386 | +0.358% | $236K | $444K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0362 | +0.126% | $108K | $773K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0382 | +0.319% | $2K | $1.9M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0361 | +0.116% | $6K | $2.4M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0354 | +0.048% | $647K | $18.4M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0361 | +0.116% | $11.6M | $25.0M | 50x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0379 | +0.286% | $244K | $2K | 10x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0358 | +0.087% | $1.5M | $3.8M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0366 | +0.159% | $49K | $37K | 3x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0359 | +0.097% | $8.0M | $24.2M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0224% | 1h | 1.0385 | +0.348% | $977K | $14.0M | 50x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0272% | 1h | 1.0367 | +0.174% | $7.2M | $24.2M | 50x | as long as short |
| Phoenix SUI | +0.0327% | 1h | 1.0376 | +0.264% | $206K | $593K | 10x | as long as short |
| Hyperliquid SUIshort | +0.0628% | 1h | 1.0370 | +0.203% | $75.2M | $80.9M | 10x | |
| GMX SUI/USD [ETH-USDC] | L +0.0637% / S −0.0305% | 1h | 1.0364 | +0.141% | $897K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.0823% | 1h | 1.0373 | +0.233% | $94K | $382K | 10x | as long as short |
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
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
Phemex SUIUSDT
Bulk SUI-USD
Extended SUI-USD
Aevo SUI-PERP
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Kraken Futures PF_SUIUSD
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD