Funding you earn now, next payment 08:00 UTC+0.0036%/8h= +3.9% APRnext payment +$0.36 per $10,000 · paid last 24h +0.006%
Price spread now: Bybit against Bitget+0.032%7-day average −0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$780.779% of the position
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 7 days+0.047%+$5 · spread now +0.032%, 7d avg −0.055%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.087% dearer against Bitget than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.055%. Mind the row above: over the last 7 days funding on this pair cost −0.051%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SUSHIUSDT | 0.2532 | 0.0064 | pay 0.0064% / 8h | 14m 45s | $988K | $771K | 50x |
| Short | Bybit SUSHIUSDT | 0.2533 | 0.0100 | get 0.0100% / 8h | 14m 45s | $2.6M | $3.0M | 75x |
Bitget SUSHIUSDT
Bybit SUSHIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bitget. 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
- $7.56
- Price spread: +0.032% → −0.055%
- $8.7
- Slippage, 4 orders
- −$54.85
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$61.6
- Costs to cover
- 0.779%
- Break-even
- 64.0 days
Slippage from Bitget: live order book, 31 min ago; Bybit: live order book, 3 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 Bitget live order book, 31 min ago | 3.96 bp | 11.8 bp −$12 | 36.4 bp −$364 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 1.98 bp | 22.1 bp −$22 | 86.4 bp −$864 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SUSHI | −0.0001% | 8h | 0.2523 | −0.371% | $41K | $7K | — | as long as short |
| Injective SUSHI/USDC PERP | +0.0033% | 1h | 0.2545 | +0.513% | $16 | $18K | 5.5x | as long as short |
| Bitget SUSHIUSDTlong | +0.0064% | 8h | 0.2532 | long leg | $988K | $771K | 50x | |
| Hyperliquid SUSHI | +0.0100% | 1h | 0.2535 | +0.111% | $332K | $343K | 3x | as long as short |
| Aster SUSHIUSDT | +0.0100% | 8h | 0.2534 | +0.067% | $23K | $15K | 5x | as long as short |
| Binance SUSHIUSDT | +0.0100% | 8h | 0.2533 | +0.044% | $3.9M | $9.5M | 75x | as long as short |
| Bybit SUSHIUSDTshort | +0.0100% | 8h | 0.2533 | +0.032% | $2.6M | $3.0M | 75x | |
| OKX SUSHI-USDT-SWAP | +0.0100% | 8h | 0.2533 | +0.039% | $1.5M | $3.8M | 50x | as long as short |
| Gate SUSHI_USDT | +0.0100% | 8h | 0.2534 | +0.079% | $575K | $279K | 50x | as long as short |
| MEXC SUSHI_USDT | +0.0100% | 8h | 0.2533 | +0.039% | $1.2M | $284K | 75x | as long as short |
Variational Omni SUSHI
Injective SUSHI/USDC PERP
Hyperliquid SUSHI
Aster SUSHIUSDT
Binance 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 | 0.2534 | +0.079% | $1.2M | $247K | 50x | as long as short |
| BingX SUSHI-USDT | +0.0100% | 8h | 0.2534 | +0.079% | — | $2.5M | — | as long as short |
| HTX SUSHI-USDT | +0.0100% | 8h | 0.2528 | −0.158% | $84K | $78K | 75x | as long as short |
| BloFin SUSHI-USDT | +0.0103% | 8h | 0.2523 | −0.355% | $205K | $53K | 75x | as long as short |
| Kraken Futures PF_SUSHIUSD | +0.0509% | 1h | 0.2526 | −0.244% | $761K | $64K | 20x | as long as short |
KuCoin SUSHIUSDTM
BingX SUSHI-USDT
HTX SUSHI-USDT
BloFin SUSHI-USDT
Kraken Futures PF_SUSHIUSD