Optimism vs Sui Comparison

Side-by-side comparison of OP and SUI on Hyperliquid perpetual futures

OP
$0.1203
+0.67% (24h)
View OP Analysis
SUI
$0.8975
-3.61% (24h)
View SUI Analysis

OP vs SUI Comparison Table

MetricOPSUIEdge
Price$0.1203$0.8975-
24h Change+0.67%-3.61%OP
24h Volume$586.5K$18.46MSUI
Open Interest$3.42M$14.18MSUI
Funding Rate (8h)+0.0013%+0.0013%-
Annualized Funding+1.37%+1.37%-

Derivatives Comparison

Funding Rate Comparison

OP has a funding rate of +0.0013% (8h), while SUI sits at +0.0013% (8h).

Both assets have similar funding rates, suggesting comparable levels of directional conviction.

Open Interest Context

OP has $3.42M in open interest with an OI/Volume ratio of 5.84.SUI has $14.18M with a ratio of 0.77.

OP has a higher OI/Volume ratio, indicating more sustained positions relative to trading activity. This typically means traders are holding longer-term directional bets.

Volume Context

OP traded $586.5K in the last 24 hours, while SUI traded $18.46M.

SUI is more actively traded, which generally means tighter spreads, better execution, and lower slippage for traders. Higher volume also tends to reflect greater market interest and liquidity.

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Frequently Asked Questions

Optimism (OP) and Sui (SUI) are both available as perpetual futures on Hyperliquid. They differ in price, market capitalization, trading volume, and funding rates. OP currently trades at $0.1203 while SUI trades at $0.8975. Each has its own funding rate dynamics, open interest levels, and volatility profile, making them suitable for different trading strategies.
Currently, SUI has a higher absolute funding rate (+0.0013% per 8h) compared to OP (+0.0013% per 8h). A higher funding rate means traders on the paying side incur greater costs, but it can also present funding rate arbitrage opportunities.
The choice between trading OP and SUI depends on your strategy and risk tolerance. OP has a 24h volume of $586.5K and open interest of $3.42M, while SUI has $18.46M volume and $14.18M open interest. Higher volume typically means tighter spreads and better execution. Consider each asset's funding rate, volatility, and your own thesis when deciding. You can trade both on Beacon with real-time analytics.
SUI currently has higher open interest, indicating more capital committed to open positions. OP has $3.42M in open interest while SUI has $14.18M. Higher open interest generally signals stronger market conviction and can lead to more volatile moves when liquidations cascade. The OI-to-volume ratio also matters - a higher ratio suggests more sustained positioning rather than purely speculative day trading.
Yes, both Optimism (OP) and Sui (SUI) perpetual futures are available on Hyperliquid and can be traded through Beacon. You can open positions in both assets simultaneously, allowing for pair trades, hedging strategies, or portfolio diversification. Beacon provides real-time data, signals, and analytics for both assets to help inform your trading decisions.

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