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

SUSHI

all SUSHI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0141%/8h= +15.4% APRnext payment +$1.41 per $10,000 · paid last 24h +0.006%
Price spread now: Binance against Bitget+0.095%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$650.647% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.048%−$5 on $10k
Price spread, last 7 days−0.142%−$14 · spread now +0.095%, 7d avg −0.023%
Together, before fees−0.190%−$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Binance is 0.117% dearer against Bitget than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SUSHIUSDT0.2544−0.0041get 0.0041% / 8h5h 43m$1.0M$698K50x
ShortBinance SUSHIUSDT0.25460.0100get 0.0100% / 8h5h 43m$3.9M$8.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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
$29.61
Price spread: +0.095% → −0.023%
$11.73
Slippage, 4 orders
−$42.68
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$23.34
Costs to cover
0.647%
Break-even
12.5 days
Slippage from Bitget: live order book, 3 min ago; Binance: live order book, 11 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago5.92 bp12.8 bp −$1338.0 bp −$380doesn't fitdoesn't fit
Sell Binance live order book, 11 min ago1.96 bp19.4 bp −$1946.1 bp −$461367.5 bp −$36.8Kdoesn't fit

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
Bitget SUSHIUSDTlong−0.0041%8h0.2544long leg$1.0M$698K50x
Injective SUSHI/USDC PERP+0.0033%1h0.2545+0.039%$16$18K5.5xas long as short
Variational Omni SUSHI+0.0062%8h0.2535−0.371%$41K$13Kas long as short
BloFin SUSHI-USDT+0.0076%8h0.2540−0.157%$216K$40K75xas long as short
Hyperliquid SUSHI+0.0100%1h0.2548+0.149%$359K$340K3xas long as short
Aster SUSHIUSDT+0.0100%8h0.2543−0.025%$23K$17K5xas long as short
Binance SUSHIUSDTshort+0.0100%8h0.2546+0.095%$3.9M$8.9M75x
Bybit SUSHIUSDT+0.0100%8h0.2545+0.039%$2.6M$2.4M75xas long as short
OKX SUSHI-USDT-SWAP+0.0100%8h0.2548+0.157%$1.6M$3.2M50xas long as short
Gate SUSHI_USDT+0.0100%8h0.25440.000%$560K$252K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SUSHI_USDT+0.0100%8h0.2547+0.118%$1.2M$270K75xas long as short
KuCoin SUSHIUSDTM+0.0100%8h0.25440.000%$1.2M$220K50xas long as short
BingX SUSHI-USDT+0.0100%8h0.2542−0.079%$2.5Mas long as short
HTX SUSHI-USDT+0.0100%8h0.25440.000%$87K$48K75xas long as short
Kraken Futures PF_SUSHIUSD+0.0224%1h0.2549+0.212%$767K$65K20xas long as short