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+0.0072%/8h= +7.9% APRnext payment +$0.72 per $10,000 · paid last 24h +0.006%
Price spread now: BingX against Bitget+0.039%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$700.699% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.006%+$1 on $10k
Price spread, last 7 days−0.147%−$15 · spread now +0.039%, 7d avg −0.006%
Together, before fees−0.142%−$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 0.045% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SUSHIUSDT0.25590.0028pay 0.0028% / 8h7h 18m$1.0M$681K50x
ShortBingX SUSHI-USDT0.25600.0100get 0.0100% / 8h7h 18m$2.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$15.12
Price spread: +0.039% → −0.006%
$4.48
Slippage, 4 orders
−$47.93
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$50.33
Costs to cover
0.699%
Break-even
30.3 days
Slippage from Bitget: live order book, 2 min ago; BingX: live order book, 1 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, 2 min ago5.85 bp15.5 bp −$1635.3 bp −$353doesn't fitdoesn't fit
Sell BingX live order book, 1 min ago5.85 bp20.5 bp −$2148.7 bp −$487488.8 bp −$48.9Kdoesn'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+0.0028%8h0.2559long leg$1.0M$681K50x
Injective SUSHI/USDC PERP+0.0033%1h0.2545−0.547%$16$18K5.5xas long as short
Variational Omni SUSHI+0.0070%8h0.2564+0.179%$41K$14Kas long as short
Kraken Futures PF_SUSHIUSD+0.0089%1h0.2565+0.231%$770K$67K20xas long as short
BloFin SUSHI-USDT+0.0089%8h0.2565+0.234%$216K$53K75xas long as short
Hyperliquid SUSHI+0.0100%1h0.2564+0.195%$361K$390K3xas long as short
Aster SUSHIUSDT+0.0100%8h0.2564+0.204%$23K$17K5xas long as short
Binance SUSHIUSDT+0.0100%8h0.2558−0.033%$3.9M$9.0M75xas long as short
Bybit SUSHIUSDT+0.0100%8h0.2559−0.020%$2.6M$2.5M75xas long as short
OKX SUSHI-USDT-SWAP+0.0100%8h0.2562+0.117%$1.7M$3.1M50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SUSHI_USDT+0.0100%8h0.2561+0.078%$567K$293K50xas long as short
MEXC SUSHI_USDT+0.0100%8h0.25590.000%$1.3M$297K75xas long as short
KuCoin SUSHIUSDTM+0.0100%8h0.2563+0.156%$1.2M$230K50xas long as short
BingX SUSHI-USDTshort+0.0100%8h0.2560+0.039%$2.5M
HTX SUSHI-USDT+0.0100%8h0.2571+0.469%$90K$47K75xas long as short