Funding you earn now, next payment 03:00 UTC+0.0568%/8h= +62.2% APRnext payment +$0.71 per $10,000 · paid last 24h +0.104%
Price spread now: Hyperliquid against Pacifica+0.002%7-day average +0.098% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$340.342% of the position
Funding, last 7 days+0.179%+$18 on $10k
+Price spread, last 4 days (all we have)+0.039%+$4 · spread now +0.002%, 7d avg +0.098%
=Together, before fees+0.218%+ Points / potential airdropPacifica: Active · Hyperliquid: Season 2 · farm board+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.096% cheaper against Pacifica than usual: you would sell low and buy high (spread +0.002% now, against its 7-day average of +0.098%). If the spread goes back, that is −$10 on $10k: about 13 hours of funding at the current rate (+$17 a day). At the pace of the last 7 days (+0.179% in total) that is about 3.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.179% in total (about 9.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.71 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 | Pacifica SUI | 1.0405 | 0.0100 | pay 0.0013% / 1h | 40m 36s | $227K | $265K | 10x |
| Short | Hyperliquid SUI | 1.0405 | 0.0668 | get 0.0083% / 1h | 40m 36s | $75.6M | $80.4M | 10x |
Pacifica SUI
Hyperliquid SUIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Pacifica. 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
- $119.22
- Price spread: +0.002% → +0.098%
- −$9.57
- Slippage, 4 orders
- −$17.16
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $75.49
- Costs to cover
- 0.342%
- Break-even
- 2.6 days
Slippage from Pacifica: live order book, 23 min ago; Hyperliquid: live order book, 3 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 Pacifica live order book, 23 min ago | 4.33 bp | 9.1 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 0.96 bp | 8.2 bp −$8 | 14.1 bp −$141 | 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 | −0.3542% | 1h | 1.0276 | −1.238% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0373% | 1h | 1.0391 | −0.135% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0232% | 1h | 1.0434 | +0.282% | $6K | $19K | 7x | as long as short |
| Bluefin SUI-PERP | −0.0042% | 1h | 1.0376 | −0.277% | $594K | $409K | 25x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0407 | +0.021% | $95K | $168K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0417 | +0.115% | $514K | $4.8M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0386 | −0.180% | $202K | $576K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0394 | −0.101% | $114K | — | 150x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0395 | −0.098% | $822K | $5.6M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0393 | −0.111% | $278K | $2.1M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
Bluefin SUI-PERP
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Lighter SUI
Lighter RH SUIShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex SUIUSDT | +0.0096% | 1h | 1.0394 | −0.104% | $33K | $500K | 50x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0415 | +0.094% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0393 | −0.113% | $714K | $1.9M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0397 | −0.071% | $916K | $4.6M | 75x | as long as short |
| Pacifica SUIlong | +0.0100% | 1h | 1.0405 | long leg | $227K | $265K | 10x | |
| Binance SUIUSDT | +0.0100% | 8h | 1.0399 | −0.054% | $152.6M | $1.02B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0415 | +0.098% | $103.3M | $308.2M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0413 | +0.079% | $41.1M | $384.8M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0410 | +0.050% | $44K | $373K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0403 | −0.015% | $245K | $4K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0412 | +0.069% | $165.3M | $82.7M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0414 | +0.089% | $151.3M | $291.9M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0391 | −0.132% | $51.0M | $53.7M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0406 | +0.012% | $68.0M | $168.4M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0413 | +0.079% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0384 | −0.200% | $701K | $1.3M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0393 | −0.109% | $2.4M | $3.2M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0436 | +0.301% | $170K | $4.6M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0447 | +0.407% | $452K | $7.4M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0439 | +0.329% | $237K | $470K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0404 | −0.007% | $122K | $722K | 10x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0391 | −0.132% | $47K | $238K | 20x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0410 | +0.050% | $3K | $1.8M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0387 | −0.171% | $6K | $2.1M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0388 | −0.161% | $593K | $19.8M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0395 | −0.094% | $11.6M | $26.1M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0409 | +0.036% | $1.5M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0392 | −0.123% | $39K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0136% | 1h | 1.0400 | −0.046% | $9K | $3K | 10x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0176% | 1h | 1.0415 | +0.098% | $996K | $14.7M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0388 | −0.161% | $8.0M | $25.0M | 100x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0289% | 1h | 1.0390 | −0.141% | $6.8M | $26.9M | 50x | as long as short |
| Phoenix SUI | +0.0362% | 1h | 1.0390 | −0.145% | $211K | $561K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0619% / S −0.0272% | 1h | 1.0393 | −0.116% | $968K | — | 100x | as long as short |
| Hyperliquid SUIshort | +0.0668% | 1h | 1.0405 | +0.002% | $75.6M | $80.4M | 10x | |
| Aftermath Perps SUIUSD | +0.1258% | 1h | 1.0413 | +0.081% | $83K | $384K | 10x | as long as short |
Popdex SUIUSDT
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-USDC
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
Coinbase International SUI-PERP-INTX
BloFin SUI-USDT
Kraken Futures PF_SUIUSD
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD