Funding you earn now, next payment 08:00 UTC−0.0173%/8h= −18.9% APRnext payment −$1.73 per $10,000 · paid last 24h −0.006%
Price spread now: Bitget against Binance−0.082%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$640.636% of the position
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 7 days+0.129%+$13 · spread now −0.082%, 7d avg +0.023%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bitget is 0.105% cheaper against Binance than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.023%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SUSHIUSDT | 0.2548 | 0.0100 | pay 0.0100% / 8h | 4h 52m | $4.0M | $9.1M | 75x |
| Short | Bitget SUSHIUSDT | 0.2546 | −0.0073 | pay 0.0073% / 8h | 4h 52m | $1.0M | $707K | 50x |
Binance SUSHIUSDT
Bitget SUSHIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- −$36.33
- Price spread: −0.082% → +0.023%
- −$10.46
- Slippage, 4 orders
- −$41.61
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$110.4
- Costs to cover
- 0.636%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; Bitget: 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 Binance live order book, 2 min ago | 1.96 bp | 14.0 bp −$14 | 37.2 bp −$372 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 5.88 bp | 12.8 bp −$13 | 29.6 bp −$296 | doesn't fit | doesn't fit |
SUSHI on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SUSHIUSDTshort | −0.0073% | 8h | 0.2546 | −0.082% | $1.0M | $707K | 50x | |
| Injective SUSHI/USDC PERP | +0.0033% | 1h | 0.2545 | −0.121% | $16 | $18K | 5.5x | as long as short |
| Variational Omni SUSHI | +0.0036% | 8h | 0.2556 | +0.294% | $41K | $13K | — | as long as short |
| Hyperliquid SUSHI | +0.0100% | 1h | 0.2550 | +0.095% | $357K | $338K | 3x | as long as short |
| Aster SUSHIUSDT | +0.0100% | 8h | 0.2553 | +0.193% | $23K | $17K | 5x | as long as short |
| Binance SUSHIUSDTlong | +0.0100% | 8h | 0.2548 | long leg | $4.0M | $9.1M | 75x | |
| Bybit SUSHIUSDT | +0.0100% | 8h | 0.2547 | −0.035% | $2.6M | $2.5M | 75x | as long as short |
| OKX SUSHI-USDT-SWAP | +0.0100% | 8h | 0.2549 | +0.036% | $1.6M | $3.2M | 50x | as long as short |
| Gate SUSHI_USDT | +0.0100% | 8h | 0.2553 | +0.193% | $565K | $233K | 50x | as long as short |
| MEXC SUSHI_USDT | +0.0100% | 8h | 0.2548 | −0.004% | $1.2M | $266K | 75x | as long as short |
Injective SUSHI/USDC PERP
Variational Omni SUSHI
Hyperliquid SUSHI
Aster SUSHIUSDT
Bybit SUSHIUSDT
OKX SUSHI-USDT-SWAP
Gate SUSHI_USDT
MEXC SUSHI_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SUSHIUSDTM | +0.0100% | 8h | 0.2550 | +0.075% | $1.2M | $231K | 50x | as long as short |
| BingX SUSHI-USDT | +0.0100% | 8h | 0.2551 | +0.114% | — | $2.5M | — | as long as short |
| HTX SUSHI-USDT | +0.0100% | 8h | 0.2553 | +0.193% | $86K | $72K | 75x | as long as short |
| BloFin SUSHI-USDT | +0.0119% | 8h | 0.2549 | +0.036% | $216K | $38K | 75x | as long as short |
| Kraken Futures PF_SUSHIUSD | +0.0360% | 1h | 0.2552 | +0.147% | $768K | $64K | 20x | as long as short |
KuCoin SUSHIUSDTM
BingX SUSHI-USDT
HTX SUSHI-USDT
BloFin SUSHI-USDT
Kraken Futures PF_SUSHIUSD