Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.100%
Price spread now: Hyperliquid against Phemex+0.072%7-day average +0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs−$3as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$320.320% of the position
Funding, last 7 days+0.290%+$29 on $10k
+Price spread, last 4 days (all we have)+0.002%$0 · spread now +0.072%, 7d avg +0.096%
=Together, before fees+0.293%+ Points / potential airdropHyperliquid: Season 2 · farm board+$29 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.024% cheaper against Phemex than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.096%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SUIUSDT | 1.0152 | 0.0100 | pay 0.0100% / 8h | 53m 02s | $11.7M | $28.2M | 50x |
| Short | Hyperliquid SUI | 1.0159 | 0.0100 | get 0.0013% / 1h | 53m 02s | $73.2M | $78.7M | 10x |
Phemex SUIUSDT
Hyperliquid SUIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Phemex. 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
- $0
- Price spread: +0.072% → +0.096%
- −$2.4
- Slippage, 4 orders
- −$10.96
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$34.36
- Costs to cover
- 0.320%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 6 min ago; Hyperliquid: live order book, 11 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 Phemex live order book, 6 min ago | 0.98 bp | 8.5 bp −$9 | 23.8 bp −$238 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 11 min ago | 0.49 bp | 6.5 bp −$7 | 9.7 bp −$97 | 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 | −0.2780% | 1h | 1.0090 | −0.611% | $41K | $113K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0380% | 1h | 1.0143 | −0.091% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0288% | 1h | 1.0174 | +0.217% | $5K | $20K | 7x | as long as short |
| Bluefin SUI-PERP | −0.0204% | 1h | 1.0129 | −0.227% | $581K | $422K | 25x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0155 | +0.027% | $95K | $257K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0152 | −0.001% | $377K | $4.4M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0146 | −0.059% | $195K | $558K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0145 | −0.069% | $114K | — | 150x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0154 | +0.024% | $765K | $5.1M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0155 | +0.026% | $296K | $2.2M | 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
Lighter SUI
Lighter RH SUIShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex SUIUSDT | +0.0096% | 1h | 1.0154 | +0.020% | $40K | $523K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0144 | −0.079% | $47K | $235K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0153 | +0.011% | $27K | $8K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0154 | +0.020% | $689K | $2.2M | 10x | as long as short |
| Hyperliquid SUIshort | +0.0100% | 1h | 1.0159 | +0.072% | $73.2M | $78.7M | 10x | |
| Aster SUIUSDT | +0.0100% | 8h | 1.0156 | +0.042% | $896K | $4.2M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0156 | +0.035% | $216K | $257K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0156 | +0.042% | $146.4M | $1.00B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0156 | +0.039% | $98.3M | $312.2M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0158 | +0.059% | $40.9M | $370.3M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0160 | +0.079% | $43K | $330K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0169 | +0.171% | $239K | $454 | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0149 | −0.030% | $167.8M | $81.3M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0150 | −0.020% | $155.5M | $282.1M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0151 | −0.010% | $49.9M | $52.3M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0150 | −0.020% | $67.0M | $169.8M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0155 | +0.030% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0150 | −0.020% | $667K | $1.4M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0135 | −0.171% | $2.4M | $3.5M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0157 | +0.052% | $163K | $4.3M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0178 | +0.261% | $448K | $7.1M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0156 | +0.039% | $223K | $378K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0161 | +0.089% | $122K | $568K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0163 | +0.108% | $3K | $1.6M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0149 | −0.030% | $6K | $1.7M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0151 | −0.010% | $626K | $18.4M | 75x | as long as short |
| Phemex SUIUSDTlong | +0.0100% | 8h | 1.0152 | long leg | $11.7M | $28.2M | 50x | |
| Extended SUI-USD | +0.0104% | 1h | 1.0140 | −0.115% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0146 | −0.064% | $39K | $11K | 3x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0119% | 1h | 1.0150 | −0.024% | $6.8M | $21.9M | 50x | as long as short |
| 01 Exchange SUIUSD | +0.0136% | 1h | 1.0156 | +0.039% | $8K | $3K | 10x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0153 | +0.010% | $7.6M | $24.4M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0328% | 1h | 1.0164 | +0.118% | $1.0M | $14.4M | 50x | as long as short |
| Phoenix SUI | +0.0393% | 1h | 1.0175 | +0.227% | $202K | $400K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0600% / S −0.0263% | 1h | 1.0144 | −0.074% | $933K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1335% | 1h | 1.0165 | +0.132% | $82K | $409K | 10x | as long as short |
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
Extended SUI-USD
Aevo SUI-PERP
Kraken Futures PF_SUIUSD
01 Exchange SUIUSD
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD