Head to head
the arrow points to the better figure| Hyperliquid | SunX | |
|---|---|---|
| Trading | ||
| $9.13 | ◀BTC trade, $10k | $34.30 |
| $1,121 | ◀BTC trade, $1M | $8,034 |
| $39.8M | ◀BTC book depth | $3.1M |
| 0.045%/0.015% | Taker / maker▶ | 0.040%/0.020% |
| 40x | Max leverage▶ | 100x |
| Size | ||
| $8.17B | ◀Volume 24h | $324.6M |
| $6.96B | ◀Volume, 7-day average | $362.1M |
| $10.11Blongs + shorts | Open interest | $6.0Mone side |
| $6.34B | ◀TVL | $21.2M |
| Markets | ||
| 179 | Markets▶ | 302 |
| 164 | Stocks & RWA≈ | 159 |
| 1h | Funding paid every | 1h or 4h or 8h |
| +0.0100% | BTC funding /8h | +0.0100% |
| +0.722% | BTC longs paid, 30d | +0.476% |
| Access | ||
| No ID | KYC | No ID |
| $HYPE | Token | none yet |
| Season 2 | Airdrop | — |
Cost to trade BTC
| Size | Hyperliquid | SunX |
|---|---|---|
| $1k | $0.919.1 bp | $2.2122.1 bp |
| $10k | $9.139.1 bp | $34.3034.3 bp |
| $100k | $91.329.1 bp | $49949.9 bp |
| $1M | $1,12111.2 bp | $8,03480.3 bp |
| $5M | $6,85813.7 bp | — |
BTC funding per day
pair pageVolume by asset class
last 90 daysOn both: 75
funding /8h · Net 7d at $10k| Asset | Hyperliquid | SunX | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | +0.0100% | 0.0000% | −$42 |
| ETH | −0.0030% | +0.0100% | +0.0130% | −$46 |
| SOL | −0.0095% | +0.0100% | +0.0195% | −$40 |
| TRX | −0.0663% | +0.0100% | +0.0763% | −$230 |
| XRP | +0.0100% | +0.0100% | 0.0000% | −$104 |
| WLFI | +0.0100% | +0.0100% | 0.0000% | — |
| UNI | +0.0100% | +0.0100% | 0.0000% | — |
| LINK | +0.0100% | +0.0100% | 0.0000% | −$121 |
| DOGE | −0.0060% | +0.0100% | +0.0160% | −$44 |
| HYPE | +0.0132% | +0.0100% | +0.0032% | −$93 |
| SEI | +0.0100% | +0.0100% | 0.0000% | −$61 |
| WLD | −0.0846% | +0.0100% | +0.0946% | — |
| AVAX | +0.0059% | +0.0100% | +0.0041% | −$237 |
| LTC | +0.0100% | +0.0100% | 0.0000% | — |
| PUMP | +0.0100% | +0.0100% | 0.0000% | — |
| BNB | +0.0100% | +0.0100% | 0.0000% | −$107 |
| DASH | +0.0100% | +0.0100% | 0.0000% | −$81 |
| ZEC | +0.0100% | +0.0100% | 0.0000% | — |
| ARB | −0.0209% | +0.0100% | +0.0309% | −$272 |
| SPX | +0.0100% | +0.0100% | 0.0000% | — |
Only on Hyperliquid: 104 (+92 via HIP-3)
VVV · ZRO · AERO · GRASS · PURR · HBAR · JUP · TIA · FET · CC · INJ · MORPHO · POL · MNT · ATOM · SYRUP · OP · IMX · SKY · CFX · ALGO · W · RENDER · ETC · EIGEN · RUNE · JTO · PYTH · ENS · MINA · SAGA · ZK · HMSTR · KAS · CAKE · INIT · STX · APEX · DYDX · BERA · POPCAT · REZ · KAITO · GOAT · IOTA · GRIFFAIN · APE · COMP · AZTEC · 0G · RESOLV · GMX · XTEN · PNUT · MELANIA · USUAL · BLUR · SAND · ALT · AR · and 44 more
Only on SunX: 135
JST · SUN · BTT · XAUT · BIANRENSHENG · SENT · EDGE · OPN · MUBARAK · MYX · GENIUS · PIEVERSE · SPY · LONGXIA · EVAA · BASED · BLESS · BLUAI · RED · PIPPIN · DOGS · RIVER · AKE · QQQ · WOTAMALAILE · UBER · NIGHT · CLO · 4 · WMT · BEAT · COAI · CSCO · M · KAT · SIREN · FF · KITE · LUNA · GIGGLE · KGEN · PAYP · YB · BSB · CFG · SKYAI · BILL · RAVE · ARC · LAB · APR · FLNC · MDB · LIGHT · PRL · HD · BR · DIS · UVXY · ACU · and 75 more
Questions
Is Hyperliquid or SunX cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $9.13 on Hyperliquid and $34.30 on SunX right now, taker fee and order-book slippage together, so Hyperliquid is cheaper. Taker fees: 0.045% and 0.04%.
Which has more markets, Hyperliquid or SunX?
Hyperliquid lists 179 active markets and SunX 302; 75 assets trade on both.
Does Hyperliquid or SunX require KYC?
Hyperliquid: No ID: any EVM wallet or an email login; the app is closed to the US, Ontario and sanctioned countries. SunX: No ID or registration, connect a TRON wallet; the site warns some regions may be restricted but publishes no list.
Can you arbitrage funding between Hyperliquid and SunX?
Not profitably right now: none of the 75 assets on both paid more in funding over the last 7 days than a round trip on both costs.
Which is bigger, Hyperliquid or SunX?
24-hour volume: Hyperliquid $8.17B, SunX $324.6M. Open interest as each reports it: $10.11B and $6.0M. Hyperliquid reports open interest as longs plus shorts, both sides of every position; SunX reports one side. For the same positions Hyperliquid's figure reads about twice as large. TVL: $6.34B and $21.2M.