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+0.0070%/8h= +7.7% APRnext payment +$0.70 per $10,000 · paid last 24h +0.006%
Price spread now: OKX against Bitget+0.156%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$640.640% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.036%−$4 on $10k
Price spread, last 7 days−0.218%−$22 · spread now +0.156%, 7d avg +0.036%
Together, before fees−0.254%−$25 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 OKX is 0.120% dearer against Bitget than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.036%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SUSHIUSDT0.25700.0030pay 0.0030% / 8h7h 14m$1.0M$681K50x
ShortOKX SUSHI-USDT-SWAP0.25740.0100get 0.0100% / 8h7h 14m$1.7M$3.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$14.7
Price spread: +0.156% → +0.036%
$11.96
Slippage, 4 orders
−$42.02
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$37.36
Costs to cover
0.640%
Break-even
24.8 days
Slippage from Bitget: live order book, 2 min ago; OKX: 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, 2 min ago5.85 bp16.4 bp −$1631.1 bp −$311doesn't fitdoesn't fit
Sell OKX live order book, 3 min ago3.90 bp18.1 bp −$1840.4 bp −$404doesn'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
Bitget SUSHIUSDTlong+0.0030%8h0.2570long leg$1.0M$681K50x
Injective SUSHI/USDC PERP+0.0033%1h0.2545−0.973%$16$18K5.5xas long as short
Variational Omni SUSHI+0.0068%8h0.2564−0.249%$41K$14Kas long as short
Kraken Futures PF_SUSHIUSD+0.0089%1h0.2574+0.162%$773K$67K20xas long as short
BloFin SUSHI-USDT+0.0089%8h0.2566−0.156%$218K$53K75xas long as short
Hyperliquid SUSHI+0.0100%1h0.2571+0.054%$362K$391K3xas long as short
Aster SUSHIUSDT+0.0100%8h0.2569−0.052%$23K$17K5xas long as short
Binance SUSHIUSDT+0.0100%8h0.2571+0.052%$4.0M$9.0M75xas long as short
Bybit SUSHIUSDT+0.0100%8h0.2571+0.019%$2.7M$2.5M75xas long as short
OKX SUSHI-USDT-SWAPshort+0.0100%8h0.2574+0.156%$1.7M$3.1M50x
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SUSHI_USDT+0.0100%8h0.2568−0.078%$568K$293K50xas long as short
MEXC SUSHI_USDT+0.0100%8h0.2573+0.117%$1.3M$297K75xas long as short
KuCoin SUSHIUSDTM+0.0100%8h0.2567−0.117%$1.2M$230K50xas long as short
BingX SUSHI-USDT+0.0100%8h0.2566−0.156%$2.5Mas long as short
HTX SUSHI-USDT+0.0100%8h0.2575+0.195%$90K$47K75xas long as short