Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.108%
Price spread now: Hyperliquid against Popdex−0.010%7-day average +0.109% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$280.283% of the position
Funding, last 3 days (all we have)+0.165%+$17 on $10k
+Price spread, last 4 days (all we have)+0.448%+$45 · spread now −0.010%, 7d avg +0.109%
=Together, before fees+0.614%+ Points / potential airdropHyperliquid: Season 2 · farm board+$61 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 0.119% cheaper against Popdex than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.109%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex SUIUSDT | 1.0131 | 0.0096 | pay 0.0012% / 1h | 51m 34s | $33K | $503K | 50x |
| Short | Hyperliquid SUI | 1.0130 | 0.0100 | get 0.0013% / 1h | 51m 34s | $72.3M | $81.8M | 10x |
Popdex SUIUSDT
Hyperliquid SUIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Popdex. 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
- $0.84
- Price spread: −0.010% → +0.109%
- −$11.86
- Slippage, 4 orders
- −$12.93
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$39.36
- Costs to cover
- 0.283%
- Break-even
- 335.0 days
Slippage from Popdex: live order book, 37 min ago; Hyperliquid: live order book, 12 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 Popdex live order book, 37 min ago | 1.71 bp | 8.2 bp −$8 | 29.6 bp −$296 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 12 min ago | 0.49 bp | 7.0 bp −$7 | 11.3 bp −$113 | 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 | −0.2398% | 1h | 1.0092 | −0.385% | $41K | $81K | 12x | as long as short |
| Hibachi SUI/USDT-P | −0.0504% | 1h | 1.0151 | +0.199% | $6K | $19K | 7x | as long as short |
| Reya SUIRUSDPERP | −0.0366% | 1h | 1.0123 | −0.076% | $4K | $3K | 20x | as long as short |
| Bluefin SUI-PERP | −0.0131% | 1h | 1.0113 | −0.178% | $579K | $412K | 25x | as long as short |
| Kraken Futures PF_SUIUSD | −0.0022% | 1h | 1.0131 | +0.004% | $6.8M | $23.9M | 50x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0124 | −0.070% | $92K | $66K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0136 | +0.046% | $454K | $5.5M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0129 | −0.020% | $185K | $547K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0002% | 1h | 1.0126 | −0.047% | $117K | — | 150x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0122 | −0.089% | $762K | $5.8M | 10x | as long as short |
Injective SUI/USDC PERP
Hibachi SUI/USDT-P
Reya SUIRUSDPERP
Bluefin SUI-PERP
Kraken Futures PF_SUIUSD
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 | 1.0126 | −0.051% | $244K | $2.0M | 10x | as long as short |
| Popdex SUIUSDTlong | +0.0096% | 1h | 1.0131 | long leg | $33K | $503K | 50x | |
| Orderly PERP_SUI_USDC | +0.0097% | 8h | 1.0126 | −0.049% | $44K | $381K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0123 | −0.079% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0125 | −0.059% | $591K | $1.4M | 10x | as long as short |
| Hyperliquid SUIshort | +0.0100% | 1h | 1.0130 | −0.010% | $72.3M | $81.8M | 10x | |
| Aster SUIUSDT | +0.0100% | 8h | 1.0125 | −0.059% | $980K | $4.5M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0124 | −0.067% | $219K | $263K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0124 | −0.072% | $149.8M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0123 | −0.079% | $102.0M | $308.3M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0121 | −0.099% | $40.6M | $380.7M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0140 | +0.089% | $146K | $299K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0128 | −0.031% | $238K | $2K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0123 | −0.079% | $163.1M | $80.9M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0122 | −0.089% | $146.7M | $295.8M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0122 | −0.089% | $53.1M | $51.3M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0118 | −0.128% | $66.6M | $169.8M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0123 | −0.079% | — | $81.7M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0123 | −0.079% | $636K | $1.2M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0176 | +0.449% | $2.2M | $2.8M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0186 | +0.540% | $164K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0186 | +0.545% | $441K | $7.2M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0172 | +0.405% | $231K | $444K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0131 | 0.000% | $105K | $796K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0136 | +0.049% | $2K | $1.9M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0128 | −0.030% | $6K | $2.4M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0121 | −0.099% | $628K | $19.0M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0130 | −0.010% | $11.3M | $24.3M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0124 | −0.073% | $1.4M | $3.7M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0167 | +0.352% | $48K | $38K | 3x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0216% | 1h | 1.0137 | +0.059% | $969K | $13.9M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0145 | +0.138% | $8.0M | $23.7M | 100x | as long as short |
| 01 Exchange SUIUSD | +0.0272% | 1h | 1.0133 | +0.020% | $9K | $9K | 10x | as long as short |
| Phoenix SUI | +0.0290% | 1h | 1.0186 | +0.544% | $184K | $578K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0628% / S −0.0300% | 1h | 1.0124 | −0.070% | $868K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.0743% | 1h | 1.0174 | +0.423% | $92K | $381K | 10x | as long as short |
Lighter RH SUI
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-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
Phemex SUIUSDT
Extended SUI-USD
Aevo SUI-PERP
Coinbase International SUI-PERP-INTX
BloFin SUI-USDT
01 Exchange SUIUSD
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD