Funding you earn now, next payment 04:00 UTC−0.0363%/8h= −39.8% APRnext payment −$0.45 per $10,000 · paid last 24h −0.105%
Price spread now: Pacifica against Hyperliquid−0.261%7-day average −0.099% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$440.436% of the position
Funding, last 7 days−0.185%−$18 on $10k
+Price spread, last 4 days (all we have)+0.219%+$22 · spread now −0.261%, 7d avg −0.099%
=Together, before fees+0.035%+ Points / potential airdropHyperliquid: Season 2 · Pacifica: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Pacifica is 0.162% cheaper against Hyperliquid than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.099%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.185% in total (about -9.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.45 per $10,000. 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 | 1.0429 | 0.0463 | pay 0.0058% / 1h | 48m 16s | $75.8M | $81.5M | 10x |
| Short | Pacifica SUI | 1.0402 | 0.0100 | get 0.0013% / 1h | 48m 16s | $225K | $260K | 10x |
Hyperliquid SUI
Pacifica SUIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$76.28
- Price spread: −0.261% → −0.099%
- −$16.21
- Slippage, 4 orders
- −$26.58
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$136.07
- Costs to cover
- 0.436%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 5 min ago; Pacifica: live order book, 10 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 | 1.43 bp | 7.6 bp −$8 | 11.8 bp −$118 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 10 min ago | 5.29 bp | 14.6 bp −$15 | doesn't fit | 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 | −0.3244% | 1h | 1.0316 | −1.084% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0375% | 1h | 1.0404 | −0.241% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0304% | 1h | 1.0391 | −0.362% | $6K | $19K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0398 | −0.296% | $130K | $227K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0402 | −0.264% | $520K | $4.9M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0402 | −0.259% | $202K | $574K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0408 | −0.201% | $113K | — | 150x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0402 | −0.259% | $828K | $5.5M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0402 | −0.256% | $297K | $2.2M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0425 | −0.038% | $39K | $515K | 50x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Lighter SUI
Lighter RH SUI
Popdex SUIUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0412 | −0.161% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0421 | −0.072% | $688K | $1.9M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0414 | −0.144% | $909K | $4.6M | 75x | as long as short |
| Pacifica SUIshort | +0.0100% | 1h | 1.0402 | −0.261% | $225K | $260K | 10x | |
| Binance SUIUSDT | +0.0100% | 8h | 1.0409 | −0.192% | $151.6M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0406 | −0.218% | $103.1M | $310.2M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0403 | −0.249% | $41.2M | $388.5M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0430 | +0.010% | $45K | $373K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0476 | +0.451% | $246K | $6K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0408 | −0.201% | $165.8M | $82.8M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0406 | −0.221% | $151.0M | $293.0M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0420 | −0.086% | $50.3M | $54.2M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0397 | −0.307% | $68.0M | $171.3M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0408 | −0.201% | — | $82.3M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0388 | −0.393% | $690K | $1.4M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0401 | −0.272% | $2.4M | $3.3M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0457 | +0.267% | $170K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0461 | +0.311% | $450K | $7.7M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0416 | −0.125% | $233K | $486K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0427 | −0.019% | $125K | $756K | 10x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0403 | −0.249% | $48K | $195K | 20x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0406 | −0.221% | $2K | $1.8M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0396 | −0.316% | $14K | $2.1M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0413 | −0.153% | $573K | $19.7M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0400 | −0.278% | $12.0M | $26.6M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0401 | −0.271% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0405 | −0.235% | $39K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0112% | 1h | 1.0427 | −0.019% | $9K | $3K | 10x | as long as short |
| Bluefin SUI-PERP | +0.0115% | 1h | 1.0390 | −0.374% | $595K | $402K | 25x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0162% | 1h | 1.0396 | −0.316% | $6.9M | $27.0M | 50x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0216% | 1h | 1.0410 | −0.182% | $1.0M | $15.0M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0396 | −0.316% | $8.0M | $25.0M | 100x | as long as short |
| Phoenix SUI | +0.0390% | 1h | 1.0402 | −0.262% | $211K | $421K | 10x | as long as short |
| Hyperliquid SUIlong | +0.0463% | 1h | 1.0429 | long leg | $75.8M | $81.5M | 10x | |
| GMX SUI/USD [ETH-USDC] | L +0.0616% / S −0.0267% | 1h | 1.0406 | −0.218% | $962K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1508% | 1h | 1.0432 | +0.032% | $83K | $394K | 10x | as long as short |
Paradex SUI-USD-PERP
Nado SUI-PERP
Aster SUIUSDT
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
Orderly PERP_SUI_USDC
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
Extended SUI-USD
Aevo SUI-PERP
01 Exchange SUIUSD
Bluefin SUI-PERP
Kraken Futures PF_SUIUSD
Coinbase International SUI-PERP-INTX
BloFin SUI-USDT
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD