Funding you earn now, next payment 03:00 UTC−0.0547%/8h= −59.9% APRpaid last 24h −0.112%
Price spread now: MEXC against Hyperliquid−0.057%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$190.190% of the position
Funding, last 7 days−0.218%−$22 on $10k
+Price spread, last 7 days+0.060%+$6 · spread now −0.057%, 7d avg −0.071%
=Together, before fees−0.158%+ Points / potential airdropHyperliquid: Season 2 · farm board−$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.071%, so right now this pair is about funding alone: −$16 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.218% in total (about -11.4% 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 | Hyperliquid SUI | 1.0498 | 0.0647 | pay 0.0081% / 1h | 9m 06s | $76.4M | $81.8M | 10x |
| Short | MEXC SUI_USDT | 1.0492 | 0.0100 | get 0.0100% / 8h | 5h 09m | $152.8M | $296.4M | 300x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$114.96
- Price spread: −0.057% → −0.071%
- $1.38
- Slippage, 4 orders
- −$10.03
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$132.61
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 5 min ago; MEXC: 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 Hyperliquid live order book, 5 min ago | 1.42 bp | 6.8 bp −$7 | 12.8 bp −$128 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 0.47 bp | 0.7 bp −$1 | 6.5 bp −$65 | 31.7 bp −$3,175 | 108.8 bp −$54.4K |
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 | −0.3542% | 1h | 1.0527 | +0.276% | $43K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0374% | 1h | 1.0507 | +0.086% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0256% | 1h | 1.0555 | +0.538% | $6K | $19K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0528 | +0.288% | $132K | $227K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0506 | +0.074% | $532K | $4.9M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0507 | +0.086% | $204K | $575K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0509 | +0.108% | $114K | — | 150x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0496 | −0.016% | $840K | $5.6M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0497 | −0.010% | $285K | $2.1M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0512 | +0.133% | $38K | $511K | 50x | as long as short |
Show all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0522 | +0.224% | $28K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0512 | +0.138% | $725K | $1.9M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0511 | +0.128% | $916K | $4.6M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0532 | +0.319% | $230K | $259K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0487 | −0.105% | $153.6M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0485 | −0.124% | $103.7M | $309.4M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0491 | −0.067% | $41.7M | $390.6M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0520 | +0.210% | $45K | $373K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0562 | +0.610% | $248K | $6K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0488 | −0.095% | $168.5M | $83.8M | 50x | as long as short |
| MEXC SUI_USDTshort | +0.0100% | 8h | 1.0492 | −0.057% | $152.8M | $296.4M | 300x | |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0492 | −0.057% | $50.5M | $54.0M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0486 | −0.114% | $68.6M | $170.2M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0490 | −0.076% | — | $6.6M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0485 | −0.124% | $702K | $1.3M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0568 | +0.671% | $2.4M | $3.3M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0572 | +0.704% | $172K | $4.6M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0603 | +1.000% | $464K | $7.5M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0592 | +0.895% | $238K | $485K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0519 | +0.200% | $115K | $751K | 10x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0508 | +0.095% | $48K | $229K | 20x | as long as short |
| Bluefin SUI-PERP | +0.0100% | 1h | 1.0494 | −0.038% | $601K | $403K | 25x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0521 | +0.219% | $2K | $1.8M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0501 | +0.029% | $14K | $2.1M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0497 | −0.010% | $600K | $19.6M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0494 | −0.038% | $12.1M | $26.7M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0501 | +0.031% | $1.5M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0497 | −0.011% | $40K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0176% | 1h | 1.0516 | +0.171% | $9K | $3K | 10x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0176% | 1h | 1.0526 | +0.267% | $1.0M | $15.0M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0483 | −0.143% | $8.0M | $25.1M | 100x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0286% | 1h | 1.0492 | −0.054% | $6.9M | $27.0M | 50x | as long as short |
| Phoenix SUI | +0.0362% | 1h | 1.0574 | +0.726% | $215K | $561K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0618% / S −0.0268% | 1h | 1.0511 | +0.127% | $970K | — | 100x | as long as short |
| Hyperliquid SUIlong | +0.0647% | 1h | 1.0498 | long leg | $76.4M | $81.8M | 10x | |
| Aftermath Perps SUIUSD | +0.1457% | 1h | 1.0573 | +0.711% | $84K | $391K | 10x | as long as short |
Hyperliquid SUI
MEXC SUI_USDT
Injective SUI/USDC PERP
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
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
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
Bluefin SUI-PERP
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
Extended SUI-USD
01 Exchange SUIUSD
Coinbase International SUI-PERP-INTX
BloFin SUI-USDT
Kraken Futures PF_SUIUSD
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD