Funding you earn now, next payment 03:00 UTC−0.4251%/8h= −465.5% APRnext payment −$5.31 per $10,000 · paid last 24h −0.912%
Price spread now: Injective against Hyperliquid−1.456%93s7-day average −0.372% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−3.809%−$381 on $10k
+Price spread, last 4 days (all we have)+0.428%+$43 · spread now −1.456%, 7d avg −0.372%
=Together, before fees−3.381%+ Points / potential airdropHyperliquid: Season 2 · farm board−$338 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$128 a day on $10k at the current rate, and Injective is 1.085% cheaper against Hyperliquid than usual: you would sell low and buy high (−$108 if the spread goes back to its 7-day average of −0.372%). Swap the legs. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid SUI | 1.0643 | 0.0710 | pay 0.0089% / 1h | 17m 53s | $77.9M | $81.3M | 10x |
| Short | Injective SUI/USDC PERP | 1.0488 | −0.3542 | pay 0.0443% / 1h | 17m 53s | $43K | $123K | 12x |
Hyperliquid SUI
Injective SUI/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$892.8
- Price spread: −1.456% → −0.372%
- −$108.47
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$1,010.29
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 6 min ago; Injective: live order book, 46 min ago. Net counts fees only.
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, 6 min ago | 0.47 bp | 9.6 bp −$10 | 15.9 bp −$159 | doesn't fit | doesn't fit |
| Sell Injective live order book, 46 min ago | 92.30 bp | doesn't fit | doesn't fit | 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 PERPshort | −0.3542% | 1h | 1.0488 | −1.456% | $43K | $123K | 12x | |
| Reya SUIRUSDPERP | −0.0374% | 1h | 1.0605 | −0.360% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0240% | 1h | 1.0631 | −0.116% | $6K | $19K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0616 | −0.254% | $133K | $210K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0623 | −0.186% | $533K | $4.9M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0606 | −0.348% | $206K | $575K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0598 | −0.422% | $115K | — | 150x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0634 | −0.085% | $847K | $5.6M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0636 | −0.064% | $288K | $2.1M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0614 | −0.272% | $37K | $507K | 50x | as long as short |
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Lighter SUI
Lighter RH SUI
Popdex SUIUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0615 | −0.263% | $28K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0609 | −0.319% | $728K | $1.9M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0629 | −0.128% | $929K | $4.7M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0621 | −0.207% | $233K | $259K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0630 | −0.119% | $155.6M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0628 | −0.146% | $104.7M | $308.7M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0626 | −0.160% | $42.2M | $393.9M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0620 | −0.216% | $45K | $373K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0557 | −0.808% | $248K | $4K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0627 | −0.150% | $170.9M | $83.5M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0631 | −0.113% | $154.7M | $294.8M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0630 | −0.122% | $51.8M | $53.7M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0623 | −0.188% | $69.3M | $169.5M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0630 | −0.122% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0629 | −0.132% | $723K | $1.3M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0647 | +0.033% | $2.5M | $3.3M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0636 | −0.070% | $173K | $4.6M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0608 | −0.328% | $460K | $7.5M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0653 | +0.094% | $241K | $484K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0620 | −0.216% | $114K | $747K | 10x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0607 | −0.338% | $48K | $235K | 20x | as long as short |
| Bluefin SUI-PERP | +0.0100% | 1h | 1.0594 | −0.460% | $606K | $404K | 25x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0623 | −0.188% | $2K | $1.8M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0612 | −0.291% | $15K | $2.1M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0633 | −0.094% | $607K | $19.6M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0624 | −0.179% | $11.9M | $26.4M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0629 | −0.129% | $1.5M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0619 | −0.221% | $40K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0168% | 1h | 1.0623 | −0.188% | $9K | $3K | 10x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0176% | 1h | 1.0605 | −0.357% | $997K | $15.0M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0618 | −0.235% | $8.0M | $25.5M | 100x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0283% | 1h | 1.0617 | −0.248% | $6.9M | $26.9M | 50x | as long as short |
| Phoenix SUI | +0.0362% | 1h | 1.0636 | −0.067% | $216K | $561K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0626% / S −0.0272% | 1h | 1.0597 | −0.432% | $987K | — | 100x | as long as short |
| Hyperliquid SUIlong | +0.0710% | 1h | 1.0643 | long leg | $77.9M | $81.3M | 10x | |
| Aftermath Perps SUIUSD | +0.1379% | 1h | 1.0611 | −0.303% | $85K | $390K | 10x | as long as short |
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
Orderly PERP_SUI_USDC
Bluefin SUI-PERP
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
Kraken Futures PF_SUIUSD
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD