Funding you earn now, next payment 01:00 UTC+0.0386%/8h= +42.2% APRnext payment +$0.48 per $10,000 · paid last 24h +0.137%
Price spread now: Hyperliquid against gTrade (Gains Network)+0.181%7-day average +0.110% · 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−$288as in the Price arb table
costs, in and out, $10k−$2952.954% of the position
Funding, last 3 days (all we have)+0.265%+$26 on $10k
+Price spread, last 3 days (all we have)−0.058%−$6 · spread now +0.181%, 7d avg +0.110%
=Together, before fees+0.207%+ Points / potential airdropHyperliquid: Season 2 · farm board+$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Hyperliquid is 0.070% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.110%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) SUI/USD | 1.0510 | L +0.0003% / S −0.0002% | pay 0.0000% / 1h | 34m 57s | $121K | — | 150x |
| Short | Hyperliquid SUI | 1.0529 | 0.0388 | get 0.0049% / 1h | 34m 57s | $76.7M | $78.9M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against gTrade (Gains Network). 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
- $80.98
- Price spread: +0.181% → +0.110%
- $7.05
- Slippage, 4 orders
- −$276.35
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$207.32
- Costs to cover
- 2.954%
- Break-even
- 24.9 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 39 min ago; Hyperliquid: live order book, 9 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 gTrade (Gains Network) virtual book (oracle venue), 39 min ago | 130.07 bp | 142.9 bp −$143 | 977.3 bp −$9,773 | 10438.7 bp −$1.04M | doesn't fit |
| Sell Hyperliquid live order book, 9 min ago | 2.39 bp | 9.2 bp −$9 | 12.8 bp −$128 | 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 | −0.3416% | 1h | 1.0330 | −1.713% | $42K | $123K | 12x | as long as short |
| Bluefin SUI-PERP | −0.0710% | 1h | 1.0495 | −0.143% | $602K | $410K | 25x | as long as short |
| Hibachi SUI/USDT-P | −0.0424% | 1h | 1.0484 | −0.245% | $6K | $19K | 7x | as long as short |
| Reya SUIRUSDPERP | −0.0371% | 1h | 1.0499 | −0.100% | $4K | $3K | 20x | as long as short |
| Phemex SUIUSDT | −0.0059% | 8h | 1.0508 | −0.019% | $11.8M | $25.1M | 50x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0495 | −0.143% | $96K | $169K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0494 | −0.154% | $482K | $5.0M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0511 | +0.010% | $204K | $583K | 25x | as long as short |
| gTrade (Gains Network) SUI/USDlong | L +0.0003% / S −0.0002% | 1h | 1.0510 | long leg | $121K | — | 150x | |
| Kraken Futures PF_SUIUSD | +0.0038% | 1h | 1.0514 | +0.038% | $7.3M | $23.9M | 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 | 1.0509 | −0.010% | $9K | $9K | 10x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0515 | +0.044% | $816K | $5.8M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0511 | +0.005% | $272K | $2.0M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0498 | −0.114% | $33K | $481K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0508 | −0.019% | $47K | $314K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0494 | −0.153% | $28K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0504 | −0.057% | $666K | $1.4M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0507 | −0.029% | $998K | $4.8M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0495 | −0.145% | $228K | $256K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0524 | +0.135% | $156.3M | $1.02B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0528 | +0.170% | $105.4M | $305.0M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0522 | +0.114% | $42.0M | $388.2M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0510 | 0.000% | $47K | $387K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0450 | −0.574% | $246K | $813 | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0513 | +0.029% | $169.1M | $80.6M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0513 | +0.029% | $154.7M | $293.1M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0503 | −0.067% | $51.3M | $52.7M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0521 | +0.105% | $69.4M | $165.8M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0514 | +0.038% | — | $81.4M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0513 | +0.029% | $679K | $1.1M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0488 | −0.211% | $2.4M | $2.9M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0449 | −0.583% | $170K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0444 | −0.628% | $452K | $7.3M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0479 | −0.295% | $241K | $479K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0512 | +0.019% | $120K | $757K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0514 | +0.038% | $2K | $1.9M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0508 | −0.019% | $6K | $2.3M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0502 | −0.076% | $649K | $18.5M | 75x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0521 | +0.108% | $1.5M | $3.9M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0513 | +0.026% | $40K | $16K | 3x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0200% | 1h | 1.0508 | −0.019% | $998K | $14.4M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0518 | +0.076% | $8.1M | $24.2M | 100x | as long as short |
| Phoenix SUI | +0.0299% | 1h | 1.0503 | −0.062% | $208K | $590K | 10x | as long as short |
| Hyperliquid SUIshort | +0.0388% | 1h | 1.0529 | +0.181% | $76.7M | $78.9M | 10x | |
| GMX SUI/USD [ETH-USDC] | L +0.0640% / S −0.0324% | 1h | 1.0511 | +0.009% | $914K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.0870% | 1h | 1.0465 | −0.429% | $93K | $368K | 10x | as long as short |
gTrade (Gains Network) SUI/USD
Hyperliquid SUI
Injective SUI/USDC PERP
Bluefin SUI-PERP
Phemex SUIUSDT
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
Kraken Futures PF_SUIUSD
01 Exchange SUIUSD
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
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
Extended SUI-USD
Coinbase International SUI-PERP-INTX
BloFin SUI-USDT
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD