Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.128%
Price spread now: Kalshi against Hyperliquid−0.153%7-day average −0.165% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$400.396% of the position
Funding, last 7 days−0.390%−$39 on $10k
+Price spread, last 7 days+0.142%+$14 · spread now −0.153%, 7d avg −0.165%
=Together, before fees−0.248%+ Points / potential airdropHyperliquid: Season 2 · farm board−$25 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.165%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid SUI | 1.0174 | 0.0100 | pay 0.0013% / 1h | 59m 34s | $73.3M | $80.4M | 10x |
| Short | Kalshi KXSUIPERP | 1.0158 | 0 | get 0.0000% / 8h | 4h 59m | $375K | $4.4M | 2.5x |
Hyperliquid SUI
Kalshi KXSUIPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against Hyperliquid. 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
- −$21
- Price spread: −0.153% → −0.165%
- $1.14
- Slippage, 4 orders
- −$20.62
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$59.48
- Costs to cover
- 0.396%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 4 min ago; Kalshi: live order book, 4 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 Hyperliquid live order book, 4 min ago | 0.49 bp | 5.9 bp −$6 | 13.4 bp −$134 | doesn't fit | doesn't fit |
| Sell Kalshi live order book, 4 min ago | 8.59 bp | 13.6 bp −$14 | 18.3 bp −$183 | 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 | 1.0090 | −0.826% | $41K | $113K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0380% | 1h | 1.0178 | +0.044% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0272% | 1h | 1.0162 | −0.121% | $5K | $20K | 7x | as long as short |
| Bluefin SUI-PERP | −0.0095% | 1h | 1.0169 | −0.049% | $583K | $422K | 25x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0168 | −0.059% | $95K | $257K | 10x | as long as short |
| Kalshi KXSUIPERPshort | 0.0000% | 8h | 1.0158 | −0.153% | $375K | $4.4M | 2.5x | |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0185 | +0.108% | $196K | $558K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0185 | +0.111% | $115K | — | 150x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0174 | 0.000% | $769K | $5.1M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0171 | −0.030% | $297K | $2.2M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
Bluefin SUI-PERP
dYdX SUI-USD
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 | 1.0171 | −0.029% | $39K | $522K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0182 | +0.079% | $47K | $227K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0171 | −0.028% | $27K | $8K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0179 | +0.049% | $690K | $2.2M | 10x | as long as short |
| Hyperliquid SUIlong | +0.0100% | 1h | 1.0174 | long leg | $73.3M | $80.4M | 10x | |
| Aster SUIUSDT | +0.0100% | 8h | 1.0173 | −0.011% | $897K | $4.2M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0173 | −0.014% | $216K | $257K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0171 | −0.029% | $146.3M | $1.00B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0169 | −0.049% | $98.7M | $312.6M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0168 | −0.059% | $41.0M | $371.7M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0170 | −0.039% | $43K | $330K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0169 | −0.046% | $239K | $454 | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0169 | −0.049% | $168.2M | $81.3M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0172 | −0.020% | $153.2M | $281.3M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0173 | −0.010% | $50.0M | $52.4M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0166 | −0.079% | $67.1M | $170.5M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0170 | −0.039% | — | $86.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0178 | +0.039% | $669K | $1.4M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0158 | −0.160% | $2.4M | $3.5M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0165 | −0.085% | $163K | $4.4M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0162 | −0.120% | $448K | $7.1M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0167 | −0.069% | $223K | $378K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0192 | +0.177% | $126K | $565K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0202 | +0.275% | $3K | $1.6M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0184 | +0.098% | $6K | $1.7M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0182 | +0.079% | $629K | $18.4M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0182 | +0.079% | $11.7M | $28.1M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0168 | −0.062% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0180 | +0.064% | $39K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0184% | 1h | 1.0175 | +0.010% | $8K | $3K | 10x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0167 | −0.069% | $7.6M | $24.4M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0280% | 1h | 1.0183 | +0.088% | $1.0M | $14.5M | 50x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0364% | 1h | 1.0186 | +0.121% | $6.8M | $21.9M | 50x | as long as short |
| Phoenix SUI | +0.0431% | 1h | 1.0180 | +0.060% | $202K | $413K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0601% / S −0.0263% | 1h | 1.0185 | +0.113% | $936K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1344% | 1h | 1.0189 | +0.144% | $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-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
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