Settings8H · net · $10k
Funding arb · Price arb /

SUSHI

all SUSHI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%
Price spread now: Injective against Aster−0.099%57s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.099% cheaper against Aster than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SUSHIUSDT0.25480.0100pay 0.0100% / 8h8m 15s$23K$17K5x
ShortInjective SUSHI/USDC PERP0.25450.0033get 0.0004% / 1h8m 15s$16$18K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$14
Price spread: −0.099% → 0.000%
−$9.89
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$31.91
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Injective: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell Injective no order-book sample
Aster and Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SUSHI on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SUSHIUSD−0.0012%1h0.2549+0.048%$765K$67K20xas long as short
Injective SUSHI/USDC PERPshort+0.0033%1h0.2545−0.099%$16$18K5.5x
Bitget SUSHIUSDT+0.0038%8h0.2545−0.099%$1.0M$681K50xas long as short
Variational Omni SUSHI+0.0072%8h0.2542−0.231%$41K$14Kas long as short
Hyperliquid SUSHI+0.0100%1h0.2548+0.035%$353K$407K3xas long as short
Aster SUSHIUSDTlong+0.0100%8h0.2548long leg$23K$17K5x
Binance SUSHIUSDT+0.0100%8h0.2545−0.099%$3.9M$8.9M75xas long as short
Bybit SUSHIUSDT+0.0100%8h0.2545−0.099%$2.6M$2.4M75xas long as short
OKX SUSHI-USDT-SWAP+0.0100%8h0.2549+0.058%$1.7M$3.1M50xas long as short
Gate SUSHI_USDT+0.0100%8h0.2545−0.099%$563K$299K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SUSHI_USDT+0.0100%8h0.2545−0.099%$1.3M$305K75xas long as short
KuCoin SUSHIUSDTM+0.0100%8h0.2547−0.020%$1.2M$226K50xas long as short
BingX SUSHI-USDT+0.0100%8h0.2545−0.099%$2.5Mas long as short
HTX SUSHI-USDT+0.0100%8h0.2545−0.099%$89K$57K75xas long as short
BloFin SUSHI-USDT+0.0129%8h0.2542−0.217%$214K$65K75xas long as short