Funding you earn now, next payment 01:00 UTC−0.0315%/8h= −34.4% APRpaid last 24h −0.116%
Price spread now: MEXC against Hyperliquid−0.406%7-day average −0.069% · 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−$53as in the Price arb table
costs, in and out, $10k−$200.195% of the position
Funding, last 7 days−0.212%−$21 on $10k
+Price spread, last 7 days+0.397%+$40 · spread now −0.406%, 7d avg −0.069%
=Together, before fees+0.185%+ Points / potential airdropHyperliquid: Season 2 · farm board+$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and MEXC is 0.337% cheaper against Hyperliquid than usual: you would sell low and buy high (−$34 if the spread goes back to its 7-day average of −0.069%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.212% in total (about -11.0% a year). A funding rate is set anew for every payment. 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 | 1.0685 | 0.0415 | pay 0.0052% / 1h | 17m 42s | $77.4M | $79.1M | 10x |
| Short | MEXC SUI_USDT | 1.0642 | 0.0100 | get 0.0100% / 8h | 7h 17m | $155.5M | $299.4M | 300x |
Hyperliquid SUI
MEXC SUI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$66.05
- Price spread: −0.406% → −0.069%
- −$33.69
- Slippage, 4 orders
- −$10.54
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$119.28
- Costs to cover
- 0.195%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 6 min ago; MEXC: live order book, 1 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, 6 min ago | 1.40 bp | 7.3 bp −$7 | 11.7 bp −$117 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 2.35 bp | 3.2 bp −$3 | 6.1 bp −$61 | 17.2 bp −$1,716 | 93.5 bp −$46.7K |
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 | −0.3416% | 1h | 1.0391 | −2.755% | $43K | $123K | 12x | as long as short |
| Bluefin SUI-PERP | −0.0495% | 1h | 1.0640 | −0.425% | $611K | $411K | 25x | as long as short |
| Hibachi SUI/USDT-P | −0.0472% | 1h | 1.0666 | −0.178% | $6K | $18K | 7x | as long as short |
| Reya SUIRUSDPERP | −0.0371% | 1h | 1.0643 | −0.399% | $4K | $3K | 20x | as long as short |
| Phemex SUIUSDT | −0.0004% | 8h | 1.0668 | −0.163% | $11.9M | $25.2M | 50x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0643 | −0.398% | $97K | $170K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0658 | −0.254% | $555K | $4.9M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0644 | −0.387% | $207K | $582K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0647 | −0.359% | $117K | — | 150x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0038% | 1h | 1.0669 | −0.156% | $7.4M | $24.1M | 50x | as long as short |
Injective SUI/USDC PERP
Bluefin SUI-PERP
Hibachi SUI/USDT-P
Reya SUIRUSDPERP
Phemex SUIUSDT
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Kraken Futures PF_SUIUSDShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUIUSD | +0.0056% | 1h | 1.0649 | −0.341% | $9K | $9K | 10x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0663 | −0.212% | $833K | $5.9M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0673 | −0.112% | $278K | $2.1M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0661 | −0.228% | $32K | $478K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0650 | −0.331% | $49K | $310K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0697 | +0.111% | $28K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0631 | −0.504% | $690K | $1.4M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0679 | −0.059% | $1.0M | $4.8M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0644 | −0.387% | $233K | $251K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0648 | −0.354% | $157.7M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0641 | −0.411% | $106.1M | $306.3M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0650 | −0.331% | $42.5M | $394.8M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0660 | −0.238% | $47K | $387K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0632 | −0.500% | $250K | $3K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0649 | −0.341% | $174.4M | $82.2M | 50x | as long as short |
| MEXC SUI_USDTshort | +0.0100% | 8h | 1.0642 | −0.406% | $155.5M | $299.4M | 300x | |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0641 | −0.416% | $51.8M | $53.1M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0647 | −0.359% | $69.5M | $168.3M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0652 | −0.313% | — | $81.9M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0670 | −0.144% | $678K | $1.1M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0701 | +0.144% | $2.5M | $2.9M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0681 | −0.046% | $174K | $4.6M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0659 | −0.246% | $461K | $7.1M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0682 | −0.032% | $238K | $493K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0650 | −0.331% | $121K | $749K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0650 | −0.331% | $2K | $1.9M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0648 | −0.350% | $6K | $2.2M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0647 | −0.359% | $666K | $19.0M | 75x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0648 | −0.348% | $1.5M | $4.0M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0644 | −0.383% | $40K | $16K | 3x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0200% | 1h | 1.0655 | −0.285% | $1.0M | $14.8M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0667 | −0.172% | $8.2M | $25.1M | 100x | as long as short |
| Phoenix SUI | +0.0299% | 1h | 1.0682 | −0.029% | $211K | $590K | 10x | as long as short |
| Hyperliquid SUIlong | +0.0415% | 1h | 1.0685 | long leg | $77.4M | $79.1M | 10x | |
| GMX SUI/USD [ETH-USDC] | L +0.0640% / S −0.0320% | 1h | 1.0650 | −0.330% | $917K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.0944% | 1h | 1.0651 | −0.319% | $79K | $378K | 10x | as long as short |
01 Exchange SUIUSD
Lighter SUI
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
KuCoin SUIUSDTM
Bitget SUIUSDT
BingX SUI-USDT
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
Extended SUI-USD
Aevo SUI-PERP
Coinbase International SUI-PERP-INTX
BloFin SUI-USDT
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD