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+0.0101%/8h= +11.1% APRnext payment +$1.01 per $10,000 · paid last 24h +0.006%
Price spread now: MEXC against Bitget+0.039%7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$410.411% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.048%−$5 on $10k
Price spread, last 7 days−0.109%−$11 · spread now +0.039%, 7d avg −0.027%
Together, before fees−0.157%−$16 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 MEXC is 0.066% dearer against Bitget than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.027%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SUSHIUSDT0.2548−0.0001get 0.0001% / 8h6h 27m$1.0M$702K50x
ShortMEXC SUSHI_USDT0.25490.0100get 0.0100% / 8h6h 27m$1.2M$302K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$21.21
Price spread: +0.039% → −0.027%
$6.6
Slippage, 4 orders
−$25.13
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$13.32
Costs to cover
0.411%
Break-even
11.4 days
Slippage from Bitget: live order book, 3 min ago; MEXC: live order book, 3 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, 3 min ago5.91 bp19.6 bp −$2038.6 bp −$386doesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago1.97 bp4.3 bp −$419.4 bp −$194132.0 bp −$13.2K222.3 bp −$111.2K

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−0.0001%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+0.0059%8h0.2539−0.369%$41K$14Kas long as short
Hyperliquid SUSHI+0.0100%1h0.2550+0.090%$362K$385K3xas long as short
Aster SUSHIUSDT+0.0100%8h0.2548+0.010%$23K$17K5xas long as short
Binance SUSHIUSDT+0.0100%8h0.2549+0.037%$3.9M$9.2M75xas long as short
Bybit SUSHIUSDT+0.0100%8h0.25480.000%$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%8h0.2550+0.078%$561K$266K50xas long as short
MEXC SUSHI_USDTshort+0.0100%8h0.2549+0.039%$1.2M$302K75x
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SUSHIUSDTM+0.0100%8h0.25480.000%$1.2M$229K50xas long as short
BingX SUSHI-USDT+0.0100%8h0.2550+0.078%$2.5Mas long as short
HTX SUSHI-USDT+0.0100%8h0.2551+0.118%$88K$49K75xas long as short
Kraken Futures PF_SUSHIUSD+0.0132%1h0.2552+0.155%$767K$68K20xas long as short