Funding you earn now, next payment 06:00 UTC+0.0090%/8h= +9.8% APRnext payment +$0.11 per $10,000 · paid last 24h +0.040%
Price spread now: Hyperliquid against Coinbase International−0.069%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$440.442% of the position
Funding, last 7 days−0.182%−$18 on $10k
+Price spread, last 4 days (all we have)+0.099%+$10 · spread now −0.069%, 7d avg +0.003%
=Together, before fees−0.084%+ Points / potential airdropHyperliquid: Season 2 · farm board−$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.072% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.069% now, against its 7-day average of +0.003%). If the spread goes back, that is −$7 on $10k: about 2.7 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.182%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SUI-PERP-INTX | 1.0193 | 0.0280 | pay 0.0035% / 1h | 3m 59s | $1.0M | $14.5M | 50x |
| Short | Hyperliquid SUI | 1.0186 | 0.0370 | get 0.0046% / 1h | 3m 59s | $73.4M | $80.3M | 10x |
Coinbase International SUI-PERP-INTX
Hyperliquid SUIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Coinbase International. 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
- $18.82
- Price spread: −0.069% → +0.003%
- −$7.17
- Slippage, 4 orders
- −$25.22
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$32.57
- Costs to cover
- 0.442%
- Break-even
- 19.1 days
Slippage from Coinbase International: live order book, 5 min ago; Hyperliquid: live order book, 10 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 Coinbase International live order book, 5 min ago | 2.95 bp | 17.1 bp −$17 | 23.0 bp −$230 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 10 min ago | 0.49 bp | 6.8 bp −$7 | 10.3 bp −$103 | 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 | −0.3536% | 1h | 1.0106 | −0.854% | $42K | $113K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0380% | 1h | 1.0169 | −0.236% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0256% | 1h | 1.0190 | −0.026% | $5K | $20K | 7x | as long as short |
| Bluefin SUI-PERP | −0.0092% | 1h | 1.0160 | −0.324% | $583K | $422K | 25x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0173 | −0.195% | $95K | $257K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0184 | −0.084% | $376K | $4.4M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0175 | −0.177% | $196K | $558K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0173 | −0.196% | $115K | — | 150x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0178 | −0.146% | $770K | $5.4M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0178 | −0.150% | $297K | $2.2M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
Bluefin SUI-PERP
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Lighter SUI
Lighter RH SUIShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex SUIUSDT | +0.0096% | 1h | 1.0174 | −0.186% | $39K | $522K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0173 | −0.196% | $47K | $224K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0177 | −0.158% | $27K | $8K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0169 | −0.231% | $690K | $2.2M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0179 | −0.140% | $898K | $4.2M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0182 | −0.113% | $216K | $257K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0179 | −0.140% | $146.4M | $1.00B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0176 | −0.167% | $98.7M | $312.8M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0177 | −0.157% | $41.0M | $372.4M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0170 | −0.226% | $43K | $330K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0183 | −0.093% | $239K | $454 | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0175 | −0.177% | $168.3M | $84.1M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0179 | −0.137% | $153.2M | $293.3M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0179 | −0.137% | $50.1M | $52.4M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0172 | −0.206% | $67.1M | $170.4M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0177 | −0.157% | — | $86.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0176 | −0.167% | $669K | $1.4M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0186 | −0.071% | $2.4M | $3.5M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0177 | −0.153% | $163K | $4.4M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0172 | −0.206% | $437K | $7.1M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0182 | −0.108% | $223K | $377K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0180 | −0.128% | $126K | $581K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0188 | −0.049% | $2K | $1.6M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0174 | −0.186% | $6K | $1.8M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0171 | −0.216% | $630K | $18.4M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0176 | −0.167% | $11.7M | $28.2M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0171 | −0.215% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0174 | −0.190% | $39K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0184% | 1h | 1.0175 | −0.177% | $8K | $3K | 10x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0188 | −0.049% | $7.6M | $24.5M | 100x | as long as short |
| Coinbase International SUI-PERP-INTXlong | +0.0280% | 1h | 1.0193 | long leg | $1.0M | $14.5M | 50x | |
| Kraken Futures PF_SUIUSD | +0.0365% | 1h | 1.0175 | −0.173% | $6.8M | $21.9M | 50x | as long as short |
| Hyperliquid SUIshort | +0.0370% | 1h | 1.0186 | −0.069% | $73.4M | $80.3M | 10x | |
| Phoenix SUI | +0.0431% | 1h | 1.0192 | −0.010% | $202K | $413K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0601% / S −0.0263% | 1h | 1.0172 | −0.202% | $935K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1356% | 1h | 1.0185 | −0.080% | $82K | $409K | 10x | as long as short |
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
Bulk 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
Extended SUI-USD
Aevo SUI-PERP
01 Exchange SUIUSD
BloFin SUI-USDT
Kraken Futures PF_SUIUSD
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD