Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance−0.089%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$940.941% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 7 days+0.035%+$3 · spread now −0.089%, 7d avg −0.035%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.054% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SUSHIUSDT | 0.2547 | 0.0100 | pay 0.0100% / 8h | 5h 42m | $3.9M | $8.9M | 75x |
| Short | Bybit SUSHIUSDT | 0.2545 | 0.0100 | get 0.0100% / 8h | 5h 42m | $2.6M | $2.4M | 75x |
Binance SUSHIUSDT
Bybit SUSHIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: −0.089% → −0.035%
- −$5.38
- Slippage, 4 orders
- −$73.12
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$99.5
- Costs to cover
- 0.941%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; Bybit: live order book, 4 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, 12 min ago | 1.96 bp | 15.6 bp −$16 | 37.1 bp −$371 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 1.97 bp | 33.8 bp −$34 | 110.7 bp −$1,107 | 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 SUSHIUSDT | −0.0041% | 8h | 0.2545 | −0.089% | $1.0M | $697K | 50x | as long as short |
| Injective SUSHI/USDC PERP | +0.0033% | 1h | 0.2545 | −0.089% | $16 | $18K | 5.5x | as long as short |
| Variational Omni SUSHI | +0.0062% | 8h | 0.2535 | −0.499% | $41K | $13K | — | as long as short |
| BloFin SUSHI-USDT | +0.0076% | 8h | 0.2540 | −0.285% | $216K | $40K | 75x | as long as short |
| Hyperliquid SUSHI | +0.0100% | 1h | 0.2548 | +0.029% | $359K | $340K | 3x | as long as short |
| Aster SUSHIUSDT | +0.0100% | 8h | 0.2546 | −0.051% | $23K | $17K | 5x | as long as short |
| Binance SUSHIUSDTlong | +0.0100% | 8h | 0.2547 | long leg | $3.9M | $8.9M | 75x | |
| Bybit SUSHIUSDTshort | +0.0100% | 8h | 0.2545 | −0.089% | $2.6M | $2.4M | 75x | |
| OKX SUSHI-USDT-SWAP | +0.0100% | 8h | 0.2547 | −0.011% | $1.6M | $3.2M | 50x | as long as short |
| Gate SUSHI_USDT | +0.0100% | 8h | 0.2546 | −0.050% | $560K | $252K | 50x | as long as short |
Bitget SUSHIUSDT
Injective SUSHI/USDC PERP
Variational Omni SUSHI
BloFin SUSHI-USDT
Hyperliquid SUSHI
Aster SUSHIUSDT
OKX SUSHI-USDT-SWAP
Gate SUSHI_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SUSHI_USDT | +0.0100% | 8h | 0.2548 | +0.029% | $1.2M | $270K | 75x | as long as short |
| KuCoin SUSHIUSDTM | +0.0100% | 8h | 0.2544 | −0.128% | $1.2M | $220K | 50x | as long as short |
| BingX SUSHI-USDT | +0.0100% | 8h | 0.2543 | −0.168% | — | $2.5M | — | as long as short |
| HTX SUSHI-USDT | +0.0100% | 8h | 0.2544 | −0.128% | $87K | $48K | 75x | as long as short |
| Kraken Futures PF_SUSHIUSD | +0.0224% | 1h | 0.2549 | +0.083% | $767K | $65K | 20x | as long as short |
MEXC SUSHI_USDT
KuCoin SUSHIUSDTM
BingX SUSHI-USDT
HTX SUSHI-USDT
Kraken Futures PF_SUSHIUSD