SUI

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0075%/8h= −8.3% APRnext payment −$0.09 per $10,000 · paid last 24h −0.108%

Price spread now: Popdex against Hyperliquid−0.095%7-day average −0.107% · 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−$36as in the Price arb table

costs, in and out, $10k−$370.370% of the position

Long on Hyperliquid Short on Popdex

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.181%−$18 on $10k

Price spread, last 4 days (all we have)−0.065%−$7 · spread now −0.095%, 7d avg −0.107%

Together, before fees−0.247%+ 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 −0.107%, so right now this pair is about funding alone: −$2 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	1.0506	0.0171	pay 0.0021% / 1h	48m 06s	$75.4M	$80.8M	10x
Short	Popdex SUIUSDT	1.0496	0.0096	get 0.0012% / 1h	48m 06s	$36K	$480K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex against Hyperliquid. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee HyperliquidbpFee PopdexbpOrdersPrice spread, now −0.095%Rate

Funding earned: −$15.82
Price spread: −0.095% → −0.107%: $1.18
Slippage, 4 orders: −$21.6
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$51.65
Costs to cover: 0.370%
Break-even: never at this rate

Slippage from Hyperliquid: live order book, 6 min ago; Popdex: live order book, 21 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, 6 min ago	2.85 bp	10.8 bp −$11	14.5 bp −$145	doesn't fit	doesn't fit
Sell Popdex live order book, 21 min ago	2.83 bp	9.0 bp −$9	26.0 bp −$260	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	−0.4499%	1h	1.0442	−0.609%	$43K	$123K	12x	as long as short
Hibachi SUI/USDT-P	−0.0512%	1h	1.0518	+0.113%	$6K	$19K	7x	as long as short
ApeX Omni SUIUSDT	−0.0372%	1h	1.0548	+0.400%	$233K	$491K	50x	as long as short
Reya SUIRUSDPERP	−0.0372%	1h	1.0471	−0.329%	$4K	$3K	20x	as long as short
Bluefin SUI-PERP	−0.0153%	1h	1.0473	−0.314%	$599K	$419K	25x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0512	+0.056%	$96K	$171K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0487	−0.182%	$549K	$5.0M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0489	−0.162%	$204K	$580K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0482	−0.226%	$114K	—	150x	as long as short
Kraken Futures PF_SUIUSD	+0.0011%	1h	1.0491	−0.143%	$7.2M	$25.7M	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange SUIUSD	+0.0072%	1h	1.0498	−0.076%	$9K	$9K	10x	as long as short
Lighter SUI	+0.0096%	1h	1.0489	−0.161%	$820K	$5.6M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0493	−0.125%	$276K	$2.1M	10x	as long as short
Popdex SUIUSDTshort	+0.0096%	1h	1.0496	−0.095%	$36K	$480K	50x
Orderly PERP_SUI_USDC	+0.0099%	8h	1.0487	−0.181%	$48K	$304K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0560	+0.513%	$28K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0486	−0.186%	$837K	$1.6M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0489	−0.162%	$962K	$5.0M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0512	+0.057%	$229K	$262K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0498	−0.076%	$152.9M	$1.05B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0498	−0.072%	$104.1M	$312.3M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0496	−0.095%	$41.4M	$396.4M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0500	−0.057%	$46K	$371K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0492	−0.133%	$169.3M	$82.8M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0497	−0.086%	$152.7M	$294.3M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0482	−0.228%	$51.3M	$54.0M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0491	−0.143%	$68.2M	$172.4M	75x	as long as short
BingX SUI-USDT	+0.0100%	8h	1.0498	−0.076%	—	$82.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0490	−0.152%	$683K	$1.2M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0540	+0.322%	$2.4M	$3.2M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0494	−0.110%	$172K	$4.6M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0561	+0.526%	$463K	$7.6M	10x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0500	−0.057%	$121K	$731K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0499	−0.067%	$2K	$1.9M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0482	−0.228%	$6K	$2.2M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0479	−0.257%	$660K	$19.6M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0507	+0.010%	$11.6M	$25.5M	50x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0504	−0.017%	$247K	$3K	10x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0481	−0.235%	$1.5M	$4.1M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0491	−0.141%	$40K	$16K	3x	as long as short
Coinbase International SUI-PERP-INTX	+0.0152%	1h	1.0501	−0.048%	$993K	$14.7M	50x	as long as short
Hyperliquid SUIlong	+0.0171%	1h	1.0506	long leg	$75.4M	$80.8M	10x
BloFin SUI-USDT	+0.0220%	8h	1.0524	+0.171%	$8.0M	$25.7M	100x	as long as short
Phoenix SUI	+0.0221%	1h	1.0579	+0.692%	$210K	$595K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0633% / S −0.0282%	1h	1.0484	−0.212%	$996K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.0948%	1h	1.0531	+0.234%	$79K	$382K	10x	as long as short