Funding you earn now, next payment 08:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.09 per $10,000 · paid last 24h −0.004%
Price spread now: BingX against BloFin−0.157%66s7-day average +0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$730.733% of the position
Funding, last 7 days+0.037%+$4 on $10k
+Price spread, last 4 days (all we have)+0.177%+$18 · spread now −0.157%, 7d avg +0.034%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.191% cheaper against BloFin than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of +0.034%. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SUSHI-USDT | 0.2546 | 0.0091 | pay 0.0091% / 8h | 3h 56m | $213K | $38K | 75x |
| Short | BingX SUSHI-USDT | 0.2542 | 0.0100 | get 0.0100% / 8h | 3h 56m | — | $2.5M | — |
BloFin SUSHI-USDT
BingX SUSHI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- $1.88
- Price spread: −0.157% → +0.034%
- −$19.12
- Slippage, 4 orders
- −$51.26
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$90.5
- Costs to cover
- 0.733%
- Break-even
- 344.5 days
Slippage from BloFin: live order book, 26 min ago; BingX: 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 BloFin live order book, 26 min ago | 3.93 bp | 18.2 bp −$18 | 38.9 bp −$389 | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 5.90 bp | 17.8 bp −$18 | 43.7 bp −$437 | 522.6 bp −$52.3K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SUSHIUSDT | −0.0091% | 8h | 0.2542 | −0.157% | $1.0M | $714K | 50x | as long as short |
| Variational Omni SUSHI | +0.0010% | 8h | 0.2543 | −0.135% | $41K | $7K | — | as long as short |
| Injective SUSHI/USDC PERP | +0.0033% | 1h | 0.2545 | −0.039% | $16 | $18K | 5.5x | as long as short |
| BloFin SUSHI-USDTlong | +0.0091% | 8h | 0.2546 | long leg | $213K | $38K | 75x | |
| Hyperliquid SUSHI | +0.0100% | 1h | 0.2544 | −0.075% | $356K | $337K | 3x | as long as short |
| Aster SUSHIUSDT | +0.0100% | 8h | 0.2548 | +0.067% | $23K | $17K | 5x | as long as short |
| Binance SUSHIUSDT | +0.0100% | 8h | 0.2541 | −0.178% | $3.9M | $9.1M | 75x | as long as short |
| Bybit SUSHIUSDT | +0.0100% | 8h | 0.2540 | −0.220% | $2.5M | $2.6M | 75x | as long as short |
| OKX SUSHI-USDT-SWAP | +0.0100% | 8h | 0.2543 | −0.118% | $1.6M | $3.3M | 50x | as long as short |
| Gate SUSHI_USDT | +0.0100% | 8h | 0.2545 | −0.039% | $564K | $221K | 50x | as long as short |
Bitget SUSHIUSDT
Variational Omni SUSHI
Injective SUSHI/USDC PERP
Hyperliquid SUSHI
Aster SUSHIUSDT
Binance SUSHIUSDT
Bybit SUSHIUSDT
OKX SUSHI-USDT-SWAP
Gate SUSHI_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SUSHI_USDT | +0.0100% | 8h | 0.2544 | −0.079% | $1.2M | $265K | 75x | as long as short |
| KuCoin SUSHIUSDTM | +0.0100% | 8h | 0.2543 | −0.118% | $1.2M | $233K | 50x | as long as short |
| BingX SUSHI-USDTshort | +0.0100% | 8h | 0.2542 | −0.157% | — | $2.5M | — | |
| HTX SUSHI-USDT | +0.0100% | 8h | 0.2545 | −0.039% | $85K | $74K | 75x | as long as short |
| Kraken Futures PF_SUSHIUSD | +0.0313% | 1h | 0.2547 | +0.035% | $767K | $61K | 20x | as long as short |
MEXC SUSHI_USDT
KuCoin SUSHIUSDTM
HTX SUSHI-USDT
Kraken Futures PF_SUSHIUSD