Funding you earn now, next payment 04:00 UTC−0.0376%/8h= −41.1% APRpaid last 24h −0.135%
Price spread now: Kalshi against Hyperliquid−0.131%46s7-day average −0.163% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$420.418% of the position
Funding, last 7 days−0.380%−$38 on $10k
+Price spread, last 7 days+0.163%+$16 · spread now −0.131%, 7d avg −0.163%
=Together, before fees−0.216%+ Points / potential airdropHyperliquid: Season 2 · farm board−$22 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kalshi is 0.032% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.131% now, against its 7-day average of −0.163%): +$3 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.380% in total) that is about 14 hours. The two prices were read 46 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 | 1.0400 | 0.0376 | pay 0.0047% / 1h | 0m 19s | $75.4M | $81.4M | 10x |
| Short | Kalshi KXSUIPERP | 1.0386 | 0 | get 0.0000% / 8h | 0m 19s | $496K | $5.0M | 2.5x |
Hyperliquid SUI
Kalshi KXSUIPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi 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
- −$78.91
- Price spread: −0.131% → −0.163%
- $3.21
- Slippage, 4 orders
- −$22.79
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$117.49
- Costs to cover
- 0.418%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 3 min ago; Kalshi: live order book, 3 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, 3 min ago | 0.96 bp | 7.8 bp −$8 | 11.6 bp −$116 | doesn't fit | doesn't fit |
| Sell Kalshi live order book, 3 min ago | 8.57 bp | 13.6 bp −$14 | 17.1 bp −$171 | 31.2 bp −$3,124 | 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 | 1.0251 | −1.433% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0376% | 1h | 1.0385 | −0.140% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0328% | 1h | 1.0378 | −0.211% | $6K | $19K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0385 | −0.145% | $130K | $227K | 10x | as long as short |
| Kalshi KXSUIPERPshort | 0.0000% | 8h | 1.0386 | −0.131% | $496K | $5.0M | 2.5x | |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0375 | −0.240% | $201K | $573K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0382 | −0.169% | $116K | — | 150x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0392 | −0.074% | $802K | $5.6M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0389 | −0.110% | $300K | $2.2M | 10x | as long as short |
| 01 Exchange SUIUSD | +0.0096% | 1h | 1.0392 | −0.077% | $9K | $2K | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
dYdX SUI-USD
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Lighter SUI
Lighter RH SUI
01 Exchange SUIUSDShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex SUIUSDT | +0.0096% | 1h | 1.0386 | −0.135% | $42K | $515K | 50x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0389 | −0.110% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0380 | −0.188% | $585K | $2.1M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0387 | −0.123% | $908K | $4.6M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0391 | −0.087% | $225K | $259K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0384 | −0.150% | $150.5M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0385 | −0.146% | $102.1M | $310.4M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0381 | −0.183% | $40.9M | $389.2M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0390 | −0.096% | $44K | $330K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0339 | −0.587% | $243K | $6K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0385 | −0.144% | $169.4M | $84.5M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0388 | −0.115% | $153.2M | $299.1M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0386 | −0.135% | $50.0M | $53.9M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0379 | −0.202% | $67.8M | $172.6M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0384 | −0.154% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0384 | −0.154% | $662K | $1.4M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0383 | −0.167% | $2.5M | $3.4M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0377 | −0.221% | $170K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0378 | −0.208% | $453K | $7.6M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0393 | −0.067% | $230K | $431K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0396 | −0.038% | $124K | $749K | 10x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0383 | −0.163% | $48K | $150K | 20x | as long as short |
| Bluefin SUI-PERP | +0.0100% | 1h | 1.0372 | −0.269% | $594K | $406K | 25x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0355 | −0.433% | $3K | $1.7M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0373 | −0.260% | $14K | $2.1M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0374 | −0.250% | $593K | $19.7M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0390 | −0.096% | $11.9M | $26.8M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0381 | −0.186% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0382 | −0.170% | $39K | $11K | 3x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0162% | 1h | 1.0377 | −0.222% | $6.8M | $27.1M | 50x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0216% | 1h | 1.0401 | +0.010% | $976K | $15.0M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0385 | −0.144% | $7.9M | $24.9M | 100x | as long as short |
| Hyperliquid SUIlong | +0.0376% | 1h | 1.0400 | long leg | $75.4M | $81.4M | 10x | |
| Phoenix SUI | +0.0390% | 1h | 1.0401 | +0.007% | $211K | $421K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0613% / S −0.0267% | 1h | 1.0382 | −0.177% | $959K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1511% | 1h | 1.0384 | −0.153% | $83K | $400K | 10x | as long as short |
Popdex SUIUSDT
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
Kraken Futures PF_SUIUSD
Coinbase International SUI-PERP-INTX
BloFin SUI-USDT
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD