Funding you earn now, next payment 07:00 UTC+0.0299%/8h= +32.7% APRpaid last 24h +0.098%
Price spread now: Hyperliquid against SunX−0.079%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1271.271% of the position
Funding, last 7 days+0.180%+$18 on $10k
+Price spread, last 4 days (all we have)+0.040%+$4 · spread now −0.079%, 7d avg +0.003%
=Together, before fees+0.219%+ Points / potential airdropHyperliquid: Season 2 · farm board+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.081% cheaper against SunX than usual: you would sell low and buy high (spread −0.079% now, against its 7-day average of +0.003%). If the spread goes back, that is −$8 on $10k: about 22 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.180% in total) that is about 3.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.180% in total (about 9.4% 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 | SunX SUI-USDT | 1.0184 | 0.0100 | pay 0.0100% / 8h | 1h 08m | $2K | $1.6M | 30x |
| Short | Hyperliquid SUI | 1.0176 | 0.0399 | get 0.0050% / 1h | 8m 16s | $73.3M | $80.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against SunX. 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
- $62.72
- Price spread: −0.079% → +0.003%
- −$8.13
- Slippage, 4 orders
- −$110.07
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$72.48
- Costs to cover
- 1.271%
- Break-even
- 15.1 days
Slippage from SunX: live order book, 7 min ago; Hyperliquid: live order book, 5 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 SunX live order book, 7 min ago | 29.89 bp | 44.6 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 5 min ago | 0.49 bp | 6.8 bp −$7 | 10.3 bp −$103 | 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 | −0.3536% | 1h | 1.0106 | −0.766% | $42K | $113K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0380% | 1h | 1.0167 | −0.168% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0248% | 1h | 1.0178 | −0.061% | $5K | $20K | 7x | as long as short |
| Bluefin SUI-PERP | −0.0094% | 1h | 1.0160 | −0.236% | $583K | $421K | 25x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0170 | −0.137% | $95K | $257K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0182 | −0.019% | $376K | $4.4M | 2.5x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0172 | −0.116% | $115K | — | 150x | as long as short |
| Deribit SUI_USDC-PERPETUAL | +0.0045% | 1h | 1.0176 | −0.079% | $196K | $558K | 25x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0174 | −0.099% | $769K | $5.4M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0174 | −0.101% | $297K | $2.2M | 10x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex SUIUSDT | +0.0096% | 1h | 1.0169 | −0.147% | $39K | $522K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0174 | −0.098% | $47K | $224K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0166 | −0.179% | $27K | $8K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0166 | −0.172% | $690K | $2.2M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0171 | −0.124% | $897K | $4.2M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0170 | −0.134% | $216K | $257K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0171 | −0.124% | $146.4M | $1.00B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0170 | −0.135% | $98.5M | $312.8M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0173 | −0.108% | $41.0M | $372.4M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0170 | −0.137% | $43K | $330K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0183 | −0.005% | $239K | $454 | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0169 | −0.147% | $168.1M | $84.0M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0169 | −0.147% | $153.4M | $293.0M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0169 | −0.147% | $50.1M | $52.5M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0169 | −0.147% | $67.1M | $170.8M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0171 | −0.128% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0176 | −0.079% | $669K | $1.4M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0177 | −0.072% | $2.4M | $3.5M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0183 | −0.011% | $164K | $4.4M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0177 | −0.070% | $438K | $7.1M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0183 | −0.010% | $223K | $377K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0176 | −0.079% | $126K | $589K | 10x | as long as short |
| SunX SUI-USDTlong | +0.0100% | 8h | 1.0184 | long leg | $2K | $1.6M | 30x | |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0173 | −0.108% | $5K | $1.8M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0166 | −0.177% | $638K | $18.4M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0175 | −0.088% | $11.7M | $28.2M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0169 | −0.146% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0173 | −0.105% | $39K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0192% | 1h | 1.0171 | −0.128% | $9K | $2K | 10x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0177 | −0.069% | $7.6M | $24.5M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0280% | 1h | 1.0178 | −0.059% | $1.0M | $14.5M | 50x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0365% | 1h | 1.0175 | −0.091% | $6.8M | $22.0M | 50x | as long as short |
| Hyperliquid SUIshort | +0.0399% | 1h | 1.0176 | −0.079% | $73.3M | $80.3M | 10x | |
| Phoenix SUI | +0.0431% | 1h | 1.0192 | +0.079% | $202K | $413K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0601% / S −0.0263% | 1h | 1.0171 | −0.125% | $934K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1352% | 1h | 1.0182 | −0.018% | $82K | $409K | 10x | as long as short |
SunX SUI-USDT
Hyperliquid SUI
Injective SUI/USDC PERP
Bluefin SUI-PERP
Kalshi KXSUIPERP
gTrade (Gains Network) SUI/USD
Deribit SUI_USDC-PERPETUAL
Lighter SUI
Lighter RH SUI
Popdex SUIUSDT
Paradex SUI-USD-PERP
Aster SUIUSDT
Pacifica SUI
Binance SUIUSDT
Bybit SUIUSDT
OKX SUI-USDT-SWAP
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
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
Extended SUI-USD
01 Exchange SUIUSD
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Kraken Futures PF_SUIUSD
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD