SUSHI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0023%/8h= −2.5% APRnext payment −$0.23 per $10,000 · paid last 24h −0.004%

Price spread now: KuCoin against BloFin+0.039%7-day average +0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$85as in the Funding arb table

Net, price: spread back to 7d avg − costs−$78as in the Price arb table

costs, in and out, $10k−$820.816% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.036%−$4 on $10k

Price spread, last 3 days (all we have)+0.051%+$5 · spread now +0.039%, 7d avg +0.007%

Together, before fees+0.015%+$1 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.032% dearer against BloFin than usual: you sell high and buy low (spread +0.039% now, against its 7-day average of +0.007%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin SUSHI-USDT	0.2554	0.0123	pay 0.0123% / 8h	7h 52m	$217K	$62K	75x
Short	KuCoin SUSHIUSDTM	0.2555	0.0100	get 0.0100% / 8h	7h 52m	$1.2M	$230K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee KuCoinbpOrdersPrice spread, now +0.039%Rate

Funding earned: −$4.74
Price spread: +0.039% → +0.007%: $3.24
Slippage, 4 orders: −$57.62
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$83.12
Costs to cover: 0.816%
Break-even: never at this rate

Slippage from BloFin: live order book, 12 min ago; KuCoin: live order book, 2 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, 12 min ago	3.91 bp	10.6 bp −$11	28.7 bp −$287	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	7.83 bp	25.2 bp −$25	132.8 bp −$1,328	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	−0.352%	$16	$18K	5.5x	as long as short
Bitget SUSHIUSDT	+0.0038%	8h	0.2554	0.000%	$1.0M	$682K	50x	as long as short
Variational Omni SUSHI	+0.0063%	8h	0.2555	+0.026%	$41K	$14K	—	as long as short
Kraken Futures PF_SUSHIUSD	+0.0089%	1h	0.2555	+0.037%	$767K	$67K	20x	as long as short
Hyperliquid SUSHI	+0.0100%	1h	0.2554	+0.008%	$356K	$402K	3x	as long as short
Aster SUSHIUSDT	+0.0100%	8h	0.2555	+0.043%	$23K	$17K	5x	as long as short
Binance SUSHIUSDT	+0.0100%	8h	0.2552	−0.078%	$3.9M	$8.9M	75x	as long as short
Bybit SUSHIUSDT	+0.0100%	8h	0.2552	−0.078%	$2.6M	$2.4M	75x	as long as short
OKX SUSHI-USDT-SWAP	+0.0100%	8h	0.2554	0.000%	$1.6M	$3.1M	50x	as long as short
Gate SUSHI_USDT	+0.0100%	8h	0.2556	+0.078%	$564K	$289K	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC SUSHI_USDT	+0.0100%	8h	0.2552	−0.078%	$1.3M	$294K	75x	as long as short
KuCoin SUSHIUSDTMshort	+0.0100%	8h	0.2555	+0.039%	$1.2M	$230K	50x
BingX SUSHI-USDT	+0.0100%	8h	0.2554	0.000%	—	$2.5M	—	as long as short
HTX SUSHI-USDT	+0.0100%	8h	0.2557	+0.117%	$89K	$58K	75x	as long as short
BloFin SUSHI-USDTlong	+0.0123%	8h	0.2554	long leg	$217K	$62K	75x