Funding you earn now, next payment 22:00 UTC−0.0122%/8h= −13.3% APRnext payment −$0.15 per $10,000 · paid last 24h −0.102%
Price spread now: Kraken Futures against Hyperliquid−0.074%7-day average −0.088% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$370.374% of the position
Funding, last 7 days−0.099%−$10 on $10k
+Price spread, last 3 days (all we have)−0.060%−$6 · spread now −0.074%, 7d avg −0.088%
=Together, before fees−0.159%+ Points / potential airdropHyperliquid: Season 2 · farm board−$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.088%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid SUI | 1.0166 | 0.0100 | pay 0.0013% / 1h | 35m 34s | $72.3M | $81.9M | 10x |
| Short | Kraken Futures PF_SUIUSD | 1.0158 | −0.0022 | pay 0.0003% / 1h | 35m 34s | $6.8M | $23.7M | 50x |
Hyperliquid SUI
Kraken Futures PF_SUIUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$25.54
- Price spread: −0.074% → −0.088%
- $1.35
- Slippage, 4 orders
- −$18.43
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$61.61
- Costs to cover
- 0.374%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; Kraken Futures: 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, 8 min ago | 0.49 bp | 7.9 bp −$8 | 14.0 bp −$140 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 3 min ago | 2.47 bp | 10.3 bp −$10 | 19.4 bp −$194 | 69.7 bp −$6,967 | 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 | −1.289% | $41K | $81K | 12x | as long as short |
| Hibachi SUI/USDT-P | −0.0496% | 1h | 1.0155 | −0.113% | $6K | $18K | 7x | as long as short |
| Reya SUIRUSDPERP | −0.0366% | 1h | 1.0163 | −0.032% | $4K | $3K | 20x | as long as short |
| Bluefin SUI-PERP | −0.0121% | 1h | 1.0140 | −0.256% | $581K | $410K | 25x | as long as short |
| Kraken Futures PF_SUIUSDshort | −0.0022% | 1h | 1.0158 | −0.074% | $6.8M | $23.7M | 50x | |
| dYdX SUI-USD | 0.0000% | 1h | 1.0159 | −0.073% | $93K | $66K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0162 | −0.041% | $456K | $5.5M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0157 | −0.089% | $185K | $547K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0002% | 1h | 1.0154 | −0.118% | $117K | — | 150x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0157 | −0.085% | $765K | $5.8M | 10x | as long as short |
Injective SUI/USDC PERP
Hibachi SUI/USDT-P
Reya SUIRUSDPERP
Bluefin SUI-PERP
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 | 1.0164 | −0.019% | $250K | $2.0M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0163 | −0.030% | $35K | $504K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0097% | 8h | 1.0153 | −0.128% | $44K | $379K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0162 | −0.041% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0159 | −0.069% | $592K | $1.3M | 10x | as long as short |
| Hyperliquid SUIlong | +0.0100% | 1h | 1.0166 | long leg | $72.3M | $81.9M | 10x | |
| Aster SUIUSDT | +0.0100% | 8h | 1.0159 | −0.070% | $982K | $4.5M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0160 | −0.055% | $219K | $262K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0162 | −0.039% | $150.4M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0165 | −0.014% | $102.1M | $307.1M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0164 | −0.020% | $40.8M | $381.3M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0170 | +0.039% | $147K | $297K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0139 | −0.261% | $238K | $2K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0161 | −0.049% | $163.4M | $81.1M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0161 | −0.049% | $148.1M | $297.6M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0159 | −0.069% | $53.1M | $51.3M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0159 | −0.069% | $66.8M | $169.2M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0163 | −0.030% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0154 | −0.118% | $640K | $1.2M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0139 | −0.270% | $2.2M | $2.8M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0131 | −0.347% | $163K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0158 | −0.076% | $446K | $7.1M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0164 | −0.020% | $230K | $444K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0170 | +0.039% | $106K | $796K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0168 | +0.020% | $3K | $1.9M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0154 | −0.118% | $6K | $2.4M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0152 | −0.138% | $626K | $18.8M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0153 | −0.128% | $11.4M | $24.4M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0162 | −0.036% | $1.4M | $3.7M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0155 | −0.110% | $48K | $37K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0128% | 1h | 1.0165 | −0.010% | $9K | $9K | 10x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0216% | 1h | 1.0164 | −0.020% | $973K | $13.7M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0162 | −0.039% | $8.0M | $23.7M | 100x | as long as short |
| Phoenix SUI | +0.0290% | 1h | 1.0170 | +0.043% | $184K | $578K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0630% / S −0.0300% | 1h | 1.0153 | −0.127% | $870K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.0723% | 1h | 1.0152 | −0.141% | $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