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: Hyperliquid against Popdex+0.095%7-day average +0.107% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$370.370% of the position
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 | Popdex SUIUSDT | 1.0496 | 0.0096 | pay 0.0012% / 1h | 47m 57s | $36K | $480K | 50x |
| Short | Hyperliquid SUI | 1.0506 | 0.0171 | get 0.0021% / 1h | 47m 57s | $75.4M | $80.8M | 10x |
Popdex SUIUSDT
Hyperliquid SUIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Popdex. 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
- $15.82
- Price spread: +0.095% → +0.107%
- −$1.17
- Slippage, 4 orders
- −$21.6
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$22.34
- Costs to cover
- 0.370%
- Break-even
- 16.9 days
Slippage from Popdex: live order book, 21 min ago; Hyperliquid: live order book, 6 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 Popdex live order book, 21 min ago | 2.83 bp | 8.9 bp −$9 | 25.0 bp −$250 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 6 min ago | 2.85 bp | 8.4 bp −$8 | 13.0 bp −$130 | 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 | −0.514% | $43K | $123K | 12x | as long as short |
| Hibachi SUI/USDT-P | −0.0512% | 1h | 1.0518 | +0.209% | $6K | $19K | 7x | as long as short |
| ApeX Omni SUIUSDT | −0.0372% | 1h | 1.0548 | +0.495% | $233K | $491K | 50x | as long as short |
| Reya SUIRUSDPERP | −0.0372% | 1h | 1.0471 | −0.234% | $4K | $3K | 20x | as long as short |
| Bluefin SUI-PERP | −0.0153% | 1h | 1.0473 | −0.219% | $599K | $419K | 25x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0512 | +0.151% | $96K | $171K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0487 | −0.087% | $549K | $5.0M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0489 | −0.067% | $204K | $580K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0482 | −0.131% | $114K | — | 150x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0011% | 1h | 1.0491 | −0.048% | $7.2M | $25.7M | 50x | as long as short |
Injective SUI/USDC PERP
Hibachi SUI/USDT-P
ApeX Omni SUIUSDT
Reya SUIRUSDPERP
Bluefin SUI-PERP
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Kraken Futures PF_SUIUSDShow 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 | +0.019% | $9K | $9K | 10x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0489 | −0.066% | $820K | $5.6M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0493 | −0.030% | $276K | $2.1M | 10x | as long as short |
| Popdex SUIUSDTlong | +0.0096% | 1h | 1.0496 | long leg | $36K | $480K | 50x | |
| Orderly PERP_SUI_USDC | +0.0099% | 8h | 1.0487 | −0.086% | $48K | $304K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0560 | +0.609% | $28K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0486 | −0.091% | $837K | $1.6M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0494 | −0.022% | $962K | $5.0M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0512 | +0.152% | $229K | $262K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0477 | −0.181% | $152.6M | $1.05B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0481 | −0.141% | $103.9M | $312.3M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0481 | −0.143% | $41.3M | $395.9M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0500 | +0.038% | $46K | $371K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0492 | −0.038% | $169.3M | $82.8M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0474 | −0.210% | $152.1M | $294.6M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0479 | −0.162% | $51.3M | $54.0M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0472 | −0.229% | $68.0M | $172.4M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0498 | +0.019% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0490 | −0.057% | $683K | $1.2M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0540 | +0.418% | $2.4M | $3.2M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0494 | −0.015% | $172K | $4.6M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0561 | +0.622% | $463K | $7.6M | 10x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0500 | +0.038% | $121K | $731K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0499 | +0.029% | $2K | $1.9M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0482 | −0.133% | $6K | $2.2M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0479 | −0.162% | $660K | $19.6M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0507 | +0.105% | $11.6M | $25.5M | 50x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0504 | +0.078% | $247K | $3K | 10x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0472 | −0.230% | $1.5M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0491 | −0.046% | $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 SUIshort | +0.0171% | 1h | 1.0506 | +0.095% | $75.4M | $80.8M | 10x | |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0524 | +0.267% | $8.0M | $25.7M | 100x | as long as short |
| Phoenix SUI | +0.0221% | 1h | 1.0579 | +0.788% | $210K | $595K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0633% / S −0.0282% | 1h | 1.0484 | −0.117% | $996K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.0948% | 1h | 1.0531 | +0.330% | $79K | $382K | 10x | as long as short |
01 Exchange SUIUSD
Lighter SUI
Lighter RH SUI
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
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
Polymarket Perps SUI-USD
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
Bulk SUI-USD
Extended SUI-USD
Aevo SUI-PERP
Coinbase International SUI-PERP-INTX
BloFin SUI-USDT
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD