Funding you earn now, next payment 22:00 UTC−0.0221%/8h= −24.2% APRnext payment −$0.28 per $10,000 · paid last 24h −0.179%
Price spread now: Bluefin against Hyperliquid−0.246%7-day average −0.232% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$380.380% of the position
Funding, last 7 days−0.029%−$3 on $10k
+Price spread, last 3 days (all we have)−0.027%−$3 · spread now −0.246%, 7d avg −0.232%
=Together, before fees−0.056%+ Points / potential airdropHyperliquid: Season 2 · farm board−$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.232%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.029% in total (about -1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.28 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 | Hyperliquid SUI | 1.0165 | 0.0100 | pay 0.0013% / 1h | 36m 05s | $72.3M | $81.9M | 10x |
| Short | Bluefin SUI-PERP | 1.0140 | −0.0121 | pay 0.0015% / 1h | 36m 05s | $581K | $410K | 25x |
Hyperliquid SUI
Bluefin SUI-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bluefin against Hyperliquid. 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
- −$46.47
- Price spread: −0.246% → −0.232%
- −$1.43
- Slippage, 4 orders
- −$22
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bluefin: 3.5 bp × 2 orders
- −$7
- Net
- −$85.9
- Costs to cover
- 0.380%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; Bluefin: live order book, 53 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 Hyperliquid live order book, 8 min ago | 0.49 bp | 7.9 bp −$8 | 14.0 bp −$140 | doesn't fit | doesn't fit |
| Sell Bluefin live order book, 53 min ago | 2.45 bp | 9.6 bp −$10 | 101.2 bp −$1,012 | 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 | −0.2398% | 1h | 1.0035 | −1.279% | $41K | $81K | 12x | as long as short |
| Hibachi SUI/USDT-P | −0.0504% | 1h | 1.0159 | −0.062% | $6K | $18K | 7x | as long as short |
| Reya SUIRUSDPERP | −0.0366% | 1h | 1.0153 | −0.115% | $4K | $3K | 20x | as long as short |
| Bluefin SUI-PERPshort | −0.0121% | 1h | 1.0140 | −0.246% | $581K | $410K | 25x | |
| Kraken Futures PF_SUIUSD | −0.0022% | 1h | 1.0158 | −0.064% | $6.8M | $23.7M | 50x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0159 | −0.059% | $93K | $66K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0162 | −0.031% | $456K | $5.5M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0157 | −0.079% | $185K | $547K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0002% | 1h | 1.0154 | −0.108% | $117K | — | 150x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0153 | −0.119% | $764K | $5.8M | 10x | as long as short |
Injective SUI/USDC PERP
Hibachi SUI/USDT-P
Reya SUIRUSDPERP
Kraken Futures PF_SUIUSD
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
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 | 1.0158 | −0.068% | $249K | $2.0M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0152 | −0.128% | $35K | $504K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0097% | 8h | 1.0153 | −0.118% | $44K | $379K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0151 | −0.134% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0149 | −0.157% | $592K | $1.3M | 10x | as long as short |
| Hyperliquid SUIlong | +0.0100% | 1h | 1.0165 | long leg | $72.3M | $81.9M | 10x | |
| Aster SUIUSDT | +0.0100% | 8h | 1.0153 | −0.116% | $981K | $4.5M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0156 | −0.091% | $219K | $262K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0155 | −0.100% | $150.3M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0156 | −0.089% | $102.0M | $307.4M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0154 | −0.108% | $40.7M | $381.0M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0160 | −0.049% | $146K | $297K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0139 | −0.252% | $238K | $2K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0156 | −0.089% | $163.4M | $81.1M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0156 | −0.089% | $148.0M | $297.5M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0155 | −0.098% | $53.1M | $51.3M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0151 | −0.138% | $66.8M | $169.2M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0156 | −0.089% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0154 | −0.108% | $640K | $1.2M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0139 | −0.260% | $2.2M | $2.8M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0131 | −0.337% | $163K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0131 | −0.333% | $438K | $7.1M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0142 | −0.226% | $230K | $444K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0159 | −0.059% | $106K | $796K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0168 | +0.030% | $3K | $1.9M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0154 | −0.108% | $6K | $2.4M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0152 | −0.128% | $626K | $18.8M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0153 | −0.118% | $11.4M | $24.4M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0152 | −0.124% | $1.4M | $3.7M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0155 | −0.100% | $48K | $37K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0136% | 1h | 1.0151 | −0.138% | $9K | $9K | 10x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0216% | 1h | 1.0164 | −0.010% | $973K | $13.7M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0162 | −0.030% | $8.0M | $23.7M | 100x | as long as short |
| Phoenix SUI | +0.0290% | 1h | 1.0151 | −0.133% | $183K | $578K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0630% / S −0.0300% | 1h | 1.0153 | −0.117% | $870K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.0723% | 1h | 1.0152 | −0.131% | $92K | $378K | 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
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
Phemex SUIUSDT
Extended SUI-USD
Aevo SUI-PERP
01 Exchange SUIUSD
Coinbase International SUI-PERP-INTX
BloFin SUI-USDT
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD