Funding you earn now, next payment 04:00 UTC+0.0340%/8h= +37.2% APRnext payment +$0.43 per $10,000 · paid last 24h +0.104%
Price spread now: Hyperliquid against Bulk+0.078%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$270.273% of the position
Funding, last 4 days (all we have)+0.180%+$18 on $10k
+Price spread, last 4 days (all we have)+0.534%+$53 · spread now +0.078%, 7d avg +0.038%
=Together, before fees+0.714%+ Points / potential airdropHyperliquid: Season 2 · farm board+$71 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Hyperliquid is 0.040% dearer against Bulk than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk SUI-USD | 1.0477 | 0.0100 | pay 0.0013% / 1h | 54m 59s | $246K | $6K | 10x |
| Short | Hyperliquid SUI | 1.0485 | 0.0440 | get 0.0055% / 1h | 54m 59s | $76.2M | $82.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Bulk. 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
- $71.41
- Price spread: +0.078% → +0.038%
- $4.05
- Slippage, 4 orders
- −$11.34
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $48.12
- Costs to cover
- 0.273%
- Break-even
- 2.3 days
Slippage from Bulk: live order book, 4 min ago; Hyperliquid: live order book, 9 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 Bulk live order book, 4 min ago | 1.43 bp | 4.9 bp −$5 | 6.9 bp −$69 | 19.5 bp −$1,949 | 38.0 bp −$19.0K |
| Sell Hyperliquid live order book, 9 min ago | 0.48 bp | 6.8 bp −$7 | 12.9 bp −$129 | 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 | −0.3244% | 1h | 1.0340 | −1.306% | $43K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0375% | 1h | 1.0459 | −0.171% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0280% | 1h | 1.0474 | −0.026% | $6K | $19K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0458 | −0.177% | $131K | $227K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0469 | −0.079% | $526K | $4.9M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0467 | −0.094% | $203K | $574K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0472 | −0.048% | $114K | — | 150x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0469 | −0.073% | $833K | $5.5M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0468 | −0.084% | $290K | $2.1M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0462 | −0.141% | $39K | $515K | 50x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0456 | −0.197% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0454 | −0.218% | $718K | $1.9M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0471 | −0.057% | $914K | $4.6M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0461 | −0.147% | $227K | $260K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0471 | −0.057% | $152.6M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0475 | −0.021% | $103.9M | $309.9M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0474 | −0.027% | $41.5M | $390.9M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0470 | −0.065% | $45K | $373K | 10x | as long as short |
| Bulk SUI-USDlong | +0.0100% | 1h | 1.0477 | long leg | $246K | $6K | 10x | |
| Gate SUI_USDT | +0.0100% | 8h | 1.0468 | −0.084% | $168.3M | $82.5M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0465 | −0.113% | $152.7M | $292.1M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0468 | −0.084% | $50.4M | $54.1M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0468 | −0.084% | $68.4M | $171.1M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0466 | −0.103% | — | $82.3M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0468 | −0.084% | $697K | $1.3M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0476 | −0.010% | $2.4M | $3.3M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0412 | −0.615% | $170K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0462 | −0.141% | $452K | $7.6M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0410 | −0.638% | $233K | $485K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0463 | −0.132% | $113K | $742K | 10x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0470 | −0.065% | $48K | $202K | 20x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0472 | −0.046% | $2K | $1.8M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0463 | −0.132% | $14K | $2.1M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0451 | −0.246% | $577K | $19.7M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0465 | −0.113% | $12.0M | $26.6M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0469 | −0.071% | $1.5M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0474 | −0.027% | $40K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0128% | 1h | 1.0465 | −0.113% | $9K | $3K | 10x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0161% | 1h | 1.0467 | −0.089% | $6.9M | $27.0M | 50x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0216% | 1h | 1.0477 | +0.002% | $1.0M | $15.0M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0472 | −0.046% | $8.1M | $25.2M | 100x | as long as short |
| Phoenix SUI | +0.0362% | 1h | 1.0488 | +0.111% | $213K | $421K | 10x | as long as short |
| Hyperliquid SUIshort | +0.0440% | 1h | 1.0485 | +0.078% | $76.2M | $82.0M | 10x | |
| GMX SUI/USD [ETH-USDC] | L +0.0616% / S −0.0267% | 1h | 1.0468 | −0.080% | $967K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1508% | 1h | 1.0477 | +0.005% | $84K | $393K | 10x | as long as short |
| Bluefin SUI-PERP | +0.3133% | 1h | 1.0459 | −0.170% | $599K | $405K | 25x | as long as short |
Bulk SUI-USD
Hyperliquid SUI
Injective SUI/USDC PERP
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Lighter SUI
Lighter RH SUI
Popdex SUIUSDT
Paradex SUI-USD-PERP
Aster SUIUSDT
Pacifica SUI
Binance SUIUSDT
Bybit SUIUSDT
OKX SUI-USDT-SWAP
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
Extended SUI-USD
01 Exchange SUIUSD
Kraken Futures PF_SUIUSD
Coinbase International SUI-PERP-INTX
BloFin SUI-USDT
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD
Bluefin SUI-PERP