Funding you earn now, next payment 05:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%
Price spread now: Injective against Binance+0.849%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Injective is 0.849% dearer against Binance than usual: you sell high and buy low (spread +0.849% now, against zero (this spread has no 7-day history yet)): +$85 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 42 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SUSHIUSDT | 0.2524 | 0.0100 | pay 0.0100% / 8h | 3h 11m | $3.9M | $9.1M | 75x |
| Short | Injective SUSHI/USDC PERP | 0.2545 | 0.0033 | get 0.0004% / 1h | 11m 10s | $16 | $18K | 5.5x |
Binance SUSHIUSDT
Injective SUSHI/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: +0.849% → 0.000%
- $84.92
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $60.9
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Binance: live order book, 13 min ago; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 13 min ago | 3.95 bp | 16.5 bp −$16 | 44.7 bp −$447 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SUSHIUSDT | −0.0058% | 8h | 0.2520 | −0.141% | $1.0M | $713K | 50x | as long as short |
| Variational Omni SUSHI | −0.0003% | 8h | 0.2529 | +0.198% | $41K | $7K | — | as long as short |
| Injective SUSHI/USDC PERPshort | +0.0033% | 1h | 0.2545 | +0.849% | $16 | $18K | 5.5x | |
| Hyperliquid SUSHI | +0.0100% | 1h | 0.2523 | −0.007% | $352K | $334K | 3x | as long as short |
| Aster SUSHIUSDT | +0.0100% | 8h | 0.2526 | +0.092% | $23K | $17K | 5x | as long as short |
| Binance SUSHIUSDTlong | +0.0100% | 8h | 0.2524 | long leg | $3.9M | $9.1M | 75x | |
| Bybit SUSHIUSDT | +0.0100% | 8h | 0.2519 | −0.165% | $2.5M | $2.6M | 75x | as long as short |
| OKX SUSHI-USDT-SWAP | +0.0100% | 8h | 0.2522 | −0.062% | $1.6M | $3.4M | 50x | as long as short |
| Gate SUSHI_USDT | +0.0100% | 8h | 0.2523 | −0.023% | $565K | $232K | 50x | as long as short |
| MEXC SUSHI_USDT | +0.0100% | 8h | 0.2524 | +0.017% | $1.2M | $270K | 75x | as long as short |
Bitget SUSHIUSDT
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 | 0.2524 | +0.017% | $1.2M | $234K | 50x | as long as short |
| BingX SUSHI-USDT | +0.0100% | 8h | 0.2522 | −0.062% | — | $2.5M | — | as long as short |
| HTX SUSHI-USDT | +0.0100% | 8h | 0.2524 | +0.017% | $84K | $75K | 75x | as long as short |
| BloFin SUSHI-USDT | +0.0115% | 8h | 0.2529 | +0.215% | $210K | $38K | 75x | as long as short |
| Kraken Futures PF_SUSHIUSD | +0.0316% | 1h | 0.2524 | +0.015% | $759K | $62K | 20x | as long as short |
KuCoin SUSHIUSDTM
BingX SUSHI-USDT
HTX SUSHI-USDT
BloFin SUSHI-USDT
Kraken Futures PF_SUSHIUSD