Funding you earn now, next payment 00:00 UTC+0.0524%/8h= +57.4% APRpaid last 24h +0.106%
Price spread now: Hyperliquid against KuCoin+0.193%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$350.347% of the position
Funding, last 7 days+0.191%+$19 on $10k
+Price spread, last 7 days−0.142%−$14 · spread now +0.193%, 7d avg +0.064%
=Together, before fees+0.049%+ Points / potential airdropHyperliquid: Season 2 · farm board+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Hyperliquid is 0.129% dearer against KuCoin than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.064%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.191% in total (about 9.9% 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 | KuCoin SUIUSDTM | 1.0360 | 0.0100 | pay 0.0100% / 8h | 5m 19s | $51.2M | $52.8M | 75x |
| Short | Hyperliquid SUI | 1.0380 | 0.0624 | get 0.0078% / 1h | 5m 19s | $75.3M | $80.9M | 10x |
KuCoin SUIUSDTM
Hyperliquid SUIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against KuCoin. 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
- $110.02
- Price spread: +0.193% → +0.064%
- $12.92
- Slippage, 4 orders
- −$13.69
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $88.26
- Costs to cover
- 0.347%
- Break-even
- 1.4 days
Slippage from KuCoin: live order book, 4 min ago; Hyperliquid: live order book, 8 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 KuCoin live order book, 4 min ago | 0.48 bp | 8.4 bp −$8 | 21.7 bp −$217 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 0.48 bp | 6.3 bp −$6 | 12.5 bp −$125 | 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 | −0.3474% | 1h | 1.0288 | −0.695% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0370% | 1h | 1.0363 | +0.026% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0360% | 1h | 1.0350 | −0.095% | $6K | $19K | 7x | as long as short |
| Bluefin SUI-PERP | −0.0063% | 1h | 1.0370 | +0.097% | $594K | $406K | 25x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0361 | +0.010% | $95K | $175K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0371 | +0.103% | $464K | $5.2M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0385 | +0.241% | $202K | $587K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0002% | 1h | 1.0370 | +0.097% | $119K | — | 150x | as long as short |
| 01 Exchange SUIUSD | +0.0088% | 1h | 1.0367 | +0.068% | $9K | $9K | 10x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0382 | +0.216% | $798K | $5.9M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
Bluefin SUI-PERP
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
01 Exchange SUIUSD
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 | 1.0364 | +0.034% | $261K | $2.0M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0367 | +0.068% | $41K | $494K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0380 | +0.193% | $46K | $327K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0360 | −0.004% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0367 | +0.072% | $657K | $1.4M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0369 | +0.088% | $1.0M | $4.7M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0361 | +0.012% | $225K | $259K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0370 | +0.093% | $153.6M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0367 | +0.066% | $104.0M | $307.4M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0377 | +0.164% | $41.6M | $388.1M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0360 | 0.000% | $46K | $387K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0366 | +0.058% | $167.0M | $81.8M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0367 | +0.068% | $150.6M | $292.8M | 300x | as long as short |
| KuCoin SUIUSDTMlong | +0.0100% | 8h | 1.0360 | long leg | $51.2M | $52.8M | 75x | |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0375 | +0.145% | $68.5M | $167.7M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0368 | +0.077% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0358 | −0.019% | $663K | $1.1M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0349 | −0.105% | $2.3M | $2.9M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0363 | +0.026% | $168K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0373 | +0.123% | $451K | $7.1M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0360 | 0.000% | $236K | $444K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0375 | +0.145% | $108K | $771K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0378 | +0.174% | $2K | $1.9M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0381 | +0.203% | $6K | $2.4M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0366 | +0.058% | $645K | $18.4M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0381 | +0.203% | $11.6M | $25.0M | 50x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0379 | +0.180% | $244K | $2K | 10x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0378 | +0.174% | $1.5M | $3.8M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0387 | +0.257% | $49K | $37K | 3x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0375 | +0.145% | $8.0M | $24.3M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0224% | 1h | 1.0377 | +0.164% | $976K | $14.0M | 50x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0272% | 1h | 1.0389 | +0.278% | $7.2M | $24.2M | 50x | as long as short |
| Phoenix SUI | +0.0327% | 1h | 1.0376 | +0.157% | $206K | $593K | 10x | as long as short |
| Hyperliquid SUIshort | +0.0624% | 1h | 1.0380 | +0.193% | $75.3M | $80.9M | 10x | |
| GMX SUI/USD [ETH-USDC] | L +0.0638% / S −0.0305% | 1h | 1.0369 | +0.089% | $898K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.0827% | 1h | 1.0374 | +0.136% | $94K | $382K | 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
Gate SUI_USDT
MEXC SUI_USDT
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
Bulk SUI-USD
Extended SUI-USD
Aevo SUI-PERP
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Kraken Futures PF_SUIUSD
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD