SUI

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0201%/8h= +22.0% APRnext payment +$0.25 per $10,000 · paid last 24h +0.106%

Price spread now: Hyperliquid against Extended+0.167%7-day average +0.097% · you sell dearer than you buy

Net, funding: paid 7d − costs−$12as in the Funding arb table

Net, price: spread back to 7d avg − costs−$16as in the Price arb table

costs, in and out, $10k−$230.229% of the position

Long on Extended Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days+0.107%+$11 on $10k

Price spread, last 7 days−0.150%−$15 · spread now +0.167%, 7d avg +0.097%

Together, before fees−0.043%+ Points / potential airdropExtended: Active · Hyperliquid: Season 2 · farm board−$4 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 Hyperliquid is 0.070% dearer against Extended than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.097%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.107% in total (about 5.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.25 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	Extended SUI-USD	1.0249	0.0104	pay 0.0013% / 1h	55m 47s	$1.4M	$3.7M	50x
Short	Hyperliquid SUI	1.0266	0.0305	get 0.0038% / 1h	55m 47s	$73.1M	$81.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Extended. 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

Position, each leg$Hold fordaysFee ExtendedbpFee HyperliquidbpOrdersPrice spread, now +0.167%Rate

Funding earned: $42.14
Price spread: +0.167% → +0.097%: $7
Slippage, 4 orders: −$8.89
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $26.25
Costs to cover: 0.229%
Break-even: 2.6 days

Slippage from Extended: live order book, 3 min ago; Hyperliquid: live order book, 8 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 Extended live order book, 3 min ago	0.49 bp	3.9 bp −$4	6.7 bp −$67	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 8 min ago	0.49 bp	6.6 bp −$7	12.1 bp −$121	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	−0.2926%	1h	1.0068	−1.765%	$41K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0367%	1h	1.0242	−0.068%	$4K	$3K	20x	as long as short
Bluefin SUI-PERP	−0.0047%	1h	1.0235	−0.135%	$586K	$404K	25x	as long as short
Hibachi SUI/USDT-P	−0.0024%	1h	1.0210	−0.377%	$6K	$18K	7x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0236	−0.125%	$93K	$66K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0266	+0.163%	$458K	$5.5M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0252	+0.030%	$187K	$547K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0002%	1h	1.0248	−0.005%	$119K	—	150x	as long as short
Nado SUI-PERP	+0.0077%	1h	1.0243	−0.057%	$596K	$1.3M	10x	as long as short
Lighter SUI	+0.0096%	1h	1.0250	+0.015%	$784K	$5.9M	10x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SUI	+0.0096%	1h	1.0253	+0.045%	$253K	$2.0M	10x	as long as short
01 Exchange SUIUSD	+0.0096%	1h	1.0248	−0.009%	$9K	$9K	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0243	−0.057%	$37K	$504K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0098%	8h	1.0248	−0.009%	$45K	$376K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0242	−0.072%	$27K	$9K	30x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0255	+0.060%	$1.0M	$4.5M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0239	−0.100%	$221K	$261K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0254	+0.054%	$151.8M	$1.03B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0256	+0.069%	$102.7M	$307.0M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0255	+0.060%	$41.0M	$384.0M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0260	+0.108%	$148K	$287K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0202	−0.462%	$240K	$2K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0252	+0.030%	$165.2M	$80.4M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0252	+0.030%	$148.5M	$293.0M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0255	+0.060%	$51.7M	$51.9M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0252	+0.030%	$67.5M	$168.8M	75x	as long as short
BingX SUI-USDT	+0.0100%	8h	1.0250	+0.011%	—	$81.9M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0256	+0.069%	$652K	$1.2M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0201	−0.467%	$2.2M	$2.8M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0188	−0.592%	$164K	$4.4M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0191	−0.566%	$440K	$7.1M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0204	−0.438%	$231K	$445K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0253	+0.040%	$107K	$785K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0261	+0.118%	$2K	$1.9M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0247	−0.018%	$6K	$2.4M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0247	−0.018%	$624K	$18.8M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0245	−0.038%	$11.5M	$24.6M	50x	as long as short
Extended SUI-USDlong	+0.0104%	1h	1.0249	long leg	$1.4M	$3.7M	50x
Aevo SUI-PERP	+0.0104%	1h	1.0253	+0.040%	$48K	$37K	3x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0224	−0.243%	$8.0M	$23.8M	100x	as long as short
Coinbase International SUI-PERP-INTX	+0.0248%	1h	1.0258	+0.089%	$989K	$13.8M	50x	as long as short
Phoenix SUI	+0.0290%	1h	1.0194	−0.532%	$184K	$574K	10x	as long as short
Kraken Futures PF_SUIUSD	+0.0296%	1h	1.0255	+0.062%	$7.1M	$24.1M	50x	as long as short
Hyperliquid SUIshort	+0.0305%	1h	1.0266	+0.167%	$73.1M	$81.6M	10x
GMX SUI/USD [ETH-USDC]	L +0.0639% / S −0.0311%	1h	1.0246	−0.030%	$898K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.0661%	1h	1.0205	−0.429%	$91K	$381K	10x	as long as short