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+0.0097%/8h= +10.6% APRnext payment +$0.97 per $10,000 · paid last 24h +0.006%
Price spread now: KuCoin against Bitget+0.078%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$830.833% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.068%−$7 on $10k
Price spread, last 7 days−0.195%−$19 · spread now +0.078%, 7d avg −0.012%
Together, before fees−0.263%−$26 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.091% dearer against Bitget than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.012%. Mind the row above: over the last 7 days funding on this pair cost −0.068%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SUSHIUSDT0.25480.0003pay 0.0003% / 8h6h 26m$1.0M$702K50x
ShortKuCoin SUSHIUSDTM0.25500.0100get 0.0100% / 8h6h 26m$1.2M$228K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$20.37
Price spread: +0.078% → −0.012%
$9.09
Slippage, 4 orders
−$59.33
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$53.87
Costs to cover
0.833%
Break-even
25.5 days
Slippage from Bitget: live order book, 5 min ago; KuCoin: live order book, 4 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, 5 min ago5.91 bp19.6 bp −$2038.6 bp −$386doesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago9.83 bp27.0 bp −$27153.7 bp −$1,537doesn't fitdoesn't fit

SUSHI on 14 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+0.0003%8h0.2548long leg$1.0M$702K50x
Injective SUSHI/USDC PERP+0.0033%1h0.2545−0.118%$16$18K5.5xas long as short
Variational Omni SUSHI+0.0063%8h0.2549+0.042%$41K$14Kas long as short
Hyperliquid SUSHI+0.0100%1h0.2552+0.169%$362K$385K3xas long as short
Aster SUSHIUSDT+0.0100%8h0.2550+0.074%$23K$17K5xas long as short
Binance SUSHIUSDT+0.0100%8h0.2551+0.099%$3.9M$9.2M75xas long as short
Bybit SUSHIUSDT+0.0100%8h0.2549+0.039%$2.6M$2.6M75xas long as short
OKX SUSHI-USDT-SWAP+0.0100%8h0.2551+0.118%$1.6M$3.2M50xas long as short
Gate SUSHI_USDT+0.0100%8h0.2551+0.118%$561K$266K50xas long as short
MEXC SUSHI_USDT+0.0100%8h0.2550+0.078%$1.2M$302K75xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SUSHIUSDTMshort+0.0100%8h0.2550+0.078%$1.2M$228K50x
BingX SUSHI-USDT+0.0100%8h0.2550+0.078%$2.5Mas long as short
HTX SUSHI-USDT+0.0100%8h0.2550+0.078%$88K$49K75xas long as short
Kraken Futures PF_SUSHIUSD+0.0132%1h0.2553+0.179%$767K$68K20xas long as short