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+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bitget+0.197%7-day average +0.027% · 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−$62as in the Price arb table
costs, in and out, $10k−$790.794% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.040%−$4 on $10k
Price spread, last 4 days (all we have)−0.186%−$19 · spread now +0.197%, 7d avg +0.027%
Together, before fees−0.226%−$23 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 Gate is 0.170% dearer against Bitget than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.027%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SUSHIUSDT0.25430.0050pay 0.0050% / 8h35m 07s$1.0M$684K50x
ShortGate SUSHI_USDT0.25480.0100get 0.0100% / 8h35m 07s$563K$296K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$10.5
Price spread: +0.197% → +0.027%
$16.96
Slippage, 4 orders
−$52.39
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$51.93
Costs to cover
0.794%
Break-even
41.6 days
Slippage from Bitget: live order book, 1 min ago; Gate: live order book, 41 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 ago5.90 bp15.6 bp −$1631.3 bp −$313doesn't fitdoesn't fit
Sell Gate live order book, 41 min ago5.91 bp25.4 bp −$2597.3 bp −$973doesn't fitdoesn'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%1h0.2545+0.092%$764K$67K20xas long as short
Injective SUSHI/USDC PERP+0.0033%1h0.2545+0.079%$16$18K5.5xas long as short
Bitget SUSHIUSDTlong+0.0050%8h0.2543long leg$1.0M$684K50x
BloFin SUSHI-USDT+0.0086%8h0.2546+0.118%$217K$65K75xas long as short
Variational Omni SUSHI+0.0088%8h0.2544+0.047%$41K$14Kas long as short
Hyperliquid SUSHI+0.0100%1h0.2545+0.059%$355K$404K3xas long as short
Aster SUSHIUSDT+0.0100%8h0.2546+0.123%$23K$17K5xas long as short
Binance SUSHIUSDT+0.0100%8h0.2542−0.039%$3.9M$8.9M75xas long as short
Bybit SUSHIUSDT+0.0100%8h0.2541−0.079%$2.6M$2.4M75xas long as short
OKX SUSHI-USDT-SWAP+0.0100%8h0.2545+0.079%$1.7M$3.0M50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SUSHI_USDTshort+0.0100%8h0.2548+0.197%$563K$296K50x
MEXC SUSHI_USDT+0.0100%8h0.2541−0.079%$1.3M$302K75xas long as short
KuCoin SUSHIUSDTM+0.0100%8h0.2545+0.079%$1.2M$227K50xas long as short
BingX SUSHI-USDT+0.0100%8h0.2545+0.079%$2.5Mas long as short
HTX SUSHI-USDT+0.0100%8h0.2546+0.118%$89K$58K75xas long as short