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

SUSHI

all SUSHI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0067%/8h= +7.4% APRnext payment +$0.67 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against Bitget−0.470%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$530.533% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.041%−$4 on $10k
Price spread, last 3 days (all we have)+0.430%+$43 · spread now −0.470%, 7d avg −0.021%
Together, before fees+0.389%+$39 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.449% cheaper against Bitget than usual: you would sell low and buy high (spread −0.470% now, against its 7-day average of −0.021%). If the spread goes back, that is −$45 on $10k: about 22 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SUSHIUSDT0.25550.0037pay 0.0037% / 8h4m 41s$1.0M$681K50x
ShortBloFin SUSHI-USDT0.25430.0104get 0.0104% / 8h4m 41s$214K$65K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$14.16
Price spread: −0.470% → −0.021%
−$44.88
Slippage, 4 orders
−$29.35
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$84.07
Costs to cover
0.533%
Break-even
48.6 days
Slippage from Bitget: live order book, 1 min ago; BloFin: live order book, 65 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, 1 min ago5.89 bp16.6 bp −$1732.2 bp −$322doesn't fitdoesn't fit
Sell BloFin live order book, 65 min ago3.95 bp9.9 bp −$1026.0 bp −$260119.1 bp −$11.9Kdoesn'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
Kraken Futures PF_SUSHIUSD−0.0012%1h0.2550−0.203%$766K$67K20xas long as short
Injective SUSHI/USDC PERP+0.0033%1h0.2545−0.391%$16$18K5.5xas long as short
Bitget SUSHIUSDTlong+0.0037%8h0.2555long leg$1.0M$681K50x
Variational Omni SUSHI+0.0069%8h0.2542−0.503%$41K$14Kas long as short
Hyperliquid SUSHI+0.0100%1h0.2559+0.168%$355K$407K3xas long as short
Aster SUSHIUSDT+0.0100%8h0.2558+0.107%$23K$17K5xas long as short
Binance SUSHIUSDT+0.0100%8h0.2557+0.072%$3.9M$8.9M75xas long as short
Bybit SUSHIUSDT+0.0100%8h0.2556+0.039%$2.6M$2.4M75xas long as short
OKX SUSHI-USDT-SWAP+0.0100%8h0.2559+0.157%$1.7M$3.1M50xas long as short
Gate SUSHI_USDT+0.0100%8h0.2558+0.117%$565K$301K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SUSHI_USDT+0.0100%8h0.2557+0.078%$1.3M$305K75xas long as short
KuCoin SUSHIUSDTM+0.0100%8h0.2558+0.117%$1.2M$227K50xas long as short
BingX SUSHI-USDT+0.0100%8h0.2558+0.117%$2.5Mas long as short
HTX SUSHI-USDT+0.0100%8h0.2546−0.352%$89K$57K75xas long as short
BloFin SUSHI-USDTshort+0.0104%8h0.2543−0.470%$214K$65K75x