Funding you earn now, next payment 06:00 UTC+0.0289%/8h= +31.7% APRpaid last 24h +0.100%
Price spread now: Hyperliquid against SunX−0.148%52s7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1281.277% of the position
Funding, last 7 days+0.176%+$18 on $10k
+Price spread, last 4 days (all we have)+0.132%+$13 · spread now −0.148%, 7d avg +0.003%
=Together, before fees+0.308%+ Points / potential airdropHyperliquid: Season 2 · farm board+$31 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.151% cheaper against SunX than usual: you would sell low and buy high (spread −0.148% now, against its 7-day average of +0.003%). If the spread goes back, that is −$15 on $10k: about 42 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.176% in total) that is about 6.0 days. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.176% in total (about 9.2% a year). A funding rate is set anew for every payment. 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 | SunX SUI-USDT | 1.0145 | 0.0100 | pay 0.0100% / 8h | 2h 17m | $3K | $1.7M | 30x |
| Short | Hyperliquid SUI | 1.0130 | 0.0389 | get 0.0049% / 1h | 17m 22s | $72.7M | $83.3M | 10x |
SunX SUI-USDT
Hyperliquid SUIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against SunX. 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
- $60.75
- Price spread: −0.148% → +0.003%
- −$15.12
- Slippage, 4 orders
- −$110.71
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$82.08
- Costs to cover
- 1.277%
- Break-even
- 16.5 days
Slippage from SunX: live order book, 8 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 SunX live order book, 8 min ago | 29.83 bp | 44.6 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 6 min ago | 1.00 bp | 7.3 bp −$7 | 12.0 bp −$120 | 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 | −0.3309% | 1h | 0.9907 | −2.346% | $41K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0378% | 1h | 1.0117 | −0.281% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0160% | 1h | 1.0137 | −0.083% | $5K | $19K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0125 | −0.197% | $95K | $294K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0138 | −0.066% | $371K | $5.1M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0116 | −0.286% | $197K | $562K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0111 | −0.335% | $114K | — | 150x | as long as short |
| Bluefin SUI-PERP | +0.0035% | 1h | 1.0103 | −0.414% | $580K | $429K | 25x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0125 | −0.194% | $779K | $5.5M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0128 | −0.166% | $300K | $2.2M | 10x | 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
Bluefin SUI-PERP
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 | 1.0121 | −0.237% | $31K | $546K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0114 | −0.306% | $47K | $211K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0124 | −0.204% | $26K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0124 | −0.202% | $547K | $2.1M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0116 | −0.283% | $889K | $4.3M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0126 | −0.188% | $219K | $258K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0114 | −0.306% | $145.7M | $1.05B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0111 | −0.335% | $99.0M | $319.0M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0114 | −0.306% | $41.2M | $387.3M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0130 | −0.148% | $43K | $329K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0045 | −0.986% | $236K | $3K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0118 | −0.266% | $165.5M | $85.2M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0114 | −0.306% | $149.6M | $294.4M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0120 | −0.246% | $49.3M | $53.5M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0111 | −0.335% | $66.6M | $177.9M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0113 | −0.315% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0130 | −0.148% | $648K | $1.4M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0075 | −0.693% | $2.4M | $3.4M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0084 | −0.605% | $162K | $4.6M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0137 | −0.075% | $436K | $7.5M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0138 | −0.069% | $223K | $436K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0128 | −0.168% | $133K | $725K | 10x | as long as short |
| SunX SUI-USDTlong | +0.0100% | 8h | 1.0145 | long leg | $3K | $1.7M | 30x | |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0145 | 0.000% | $6K | $1.9M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0140 | −0.049% | $615K | $19.4M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0137 | −0.079% | $11.6M | $27.9M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0117 | −0.273% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0123 | −0.222% | $38K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0128% | 1h | 1.0124 | −0.207% | $9K | $3K | 10x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0173% | 1h | 1.0146 | +0.006% | $6.8M | $25.0M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0137 | −0.079% | $7.6M | $24.5M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0248% | 1h | 1.0143 | −0.020% | $1.0M | $15.0M | 50x | as long as short |
| Hyperliquid SUIshort | +0.0389% | 1h | 1.0130 | −0.148% | $72.7M | $83.3M | 10x | |
| Phoenix SUI | +0.0416% | 1h | 1.0148 | +0.029% | $201K | $422K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0599% / S −0.0263% | 1h | 1.0109 | −0.356% | $930K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1439% | 1h | 1.0103 | −0.418% | $82K | $411K | 10x | as long as short |
Popdex SUIUSDT
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
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
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
Extended SUI-USD
Aevo SUI-PERP
01 Exchange SUIUSD
Kraken Futures PF_SUIUSD
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD