Funding you earn now, next payment 00:00 UTC−0.0017%/8h= −1.8% APRnext payment −$0.17 per $10,000 · paid last 24h −0.005%
Price spread now: Gate against BloFin+0.197%108s7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as 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−$750.748% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 3 days (all we have)−0.158%−$16 · spread now +0.197%, 7d avg +0.050%
=The price spread pays, funding is against you. Gate is 0.148% dearer against BloFin than usual: you sell high and buy low (spread +0.197% now, against its 7-day average of +0.050%): +$15 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 30 days. The two prices were read 108 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 | 0.2532 | 0.0117 | pay 0.0117% / 8h | 1h 21m | $213K | $65K | 75x |
| Short | Gate SUSHI_USDT | 0.2537 | 0.0100 | get 0.0100% / 8h | 1h 21m | $563K | $300K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$3.5
- Price spread: +0.197% → +0.050%
- $14.79
- Slippage, 4 orders
- −$47.79
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$63.5
- Costs to cover
- 0.748%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 54 min ago; Gate: live order book, 60 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, 54 min ago | 1.97 bp | 15.8 bp −$16 | 32.4 bp −$324 | doesn't fit | doesn't fit |
| Sell Gate live order book, 60 min ago | 3.93 bp | 29.0 bp −$29 | 95.8 bp −$958 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SUSHI/USDC PERP | +0.0033% | 1h | 0.2545 | +0.513% | $16 | $18K | 5.5x | as long as short |
| Bitget SUSHIUSDT | +0.0059% | 8h | 0.2536 | +0.158% | $992K | $701K | 50x | as long as short |
| Kraken Futures PF_SUSHIUSD | +0.0097% | 1h | 0.2538 | +0.217% | $762K | $73K | 20x | as long as short |
| Hyperliquid SUSHI | +0.0100% | 1h | 0.2537 | +0.205% | $355K | $405K | 3x | as long as short |
| Aster SUSHIUSDT | +0.0100% | 8h | 0.2537 | +0.187% | $23K | $17K | 5x | as long as short |
| Binance SUSHIUSDT | +0.0100% | 8h | 0.2535 | +0.138% | $3.9M | $9.1M | 75x | as long as short |
| Bybit SUSHIUSDT | +0.0100% | 8h | 0.2535 | +0.122% | $2.6M | $2.5M | 75x | as long as short |
| OKX SUSHI-USDT-SWAP | +0.0100% | 8h | 0.2538 | +0.237% | $1.6M | $3.1M | 50x | as long as short |
| Gate SUSHI_USDTshort | +0.0100% | 8h | 0.2537 | +0.197% | $563K | $300K | 50x | |
| MEXC SUSHI_USDT | +0.0100% | 8h | 0.2536 | +0.158% | $1.3M | $353K | 75x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SUSHIUSDTM | +0.0100% | 8h | 0.2536 | +0.158% | $1.2M | $236K | 50x | as long as short |
| BingX SUSHI-USDT | +0.0100% | 8h | 0.2537 | +0.197% | — | $2.5M | — | as long as short |
| Variational Omni SUSHI | +0.0100% | 8h | 0.2529 | −0.131% | $41K | $14K | — | as long as short |
| HTX SUSHI-USDT | +0.0100% | 8h | 0.2540 | +0.316% | $85K | $59K | 75x | as long as short |
| BloFin SUSHI-USDTlong | +0.0117% | 8h | 0.2532 | long leg | $213K | $65K | 75x |
BloFin SUSHI-USDT
Gate SUSHI_USDT
Injective SUSHI/USDC PERP
Bitget SUSHIUSDT
Kraken Futures PF_SUSHIUSD
Hyperliquid SUSHI
Aster SUSHIUSDT
Binance SUSHIUSDT
Bybit SUSHIUSDT
OKX SUSHI-USDT-SWAP
MEXC SUSHI_USDT
KuCoin SUSHIUSDTM
BingX SUSHI-USDT
Variational Omni SUSHI
HTX SUSHI-USDT