Settings8H · net · $10k
Funding arb · Price arb /

SUSHI

all SUSHI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Bybit−0.088%7-day average +0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$970.972% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.057%+$6 on $10k
Price spread, last 7 days+0.127%+$13 · spread now −0.088%, 7d avg +0.054%
Together, before fees+0.184%+$18 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.142% cheaper against Bybit than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.054%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SUSHIUSDT0.24940.0100pay 0.0100% / 8h2h 22m$2.5M$2.8M75x
ShortBingX SUSHI-USDT0.24920.0100get 0.0100% / 8h2h 22m$2.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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
$0
Price spread: −0.088% → +0.054%
−$14.24
Slippage, 4 orders
−$76.18
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$111.42
Costs to cover
0.972%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; BingX: live order book, 12 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 Bybit live order book, 5 min ago4.04 bp25.2 bp −$25125.2 bp −$1,252doesn't fitdoesn't fit
Sell BingX live order book, 12 min ago6.02 bp21.6 bp −$2250.0 bp −$500440.6 bp −$44.1Kdoesn'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 SUSHIUSDT−0.0051%8h0.2493−0.048%$974K$736K50xas long as short
Variational Omni SUSHI0.0000%8h0.2478−0.666%$40K$7Kas long as short
Injective SUSHI/USDC PERP+0.0033%1h0.2545+2.037%$16$18K5.5xas long as short
BloFin SUSHI-USDT+0.0075%8h0.2484−0.409%$207K$52K75xas long as short
Hyperliquid SUSHI+0.0100%1h0.2496+0.072%$333K$352K3xas long as short
Aster SUSHIUSDT+0.0100%8h0.2493−0.065%$22K$15K5xas long as short
Binance SUSHIUSDT+0.0100%8h0.2494−0.003%$3.8M$9.4M75xas long as short
Bybit SUSHIUSDTlong+0.0100%8h0.2494long leg$2.5M$2.8M75x
OKX SUSHI-USDT-SWAP+0.0100%8h0.2497+0.112%$1.5M$3.6M50xas long as short
Gate SUSHI_USDT+0.0100%8h0.2492−0.088%$561K$271K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SUSHI_USDT+0.0100%8h0.2494−0.008%$1.2M$278K75xas long as short
KuCoin SUSHIUSDTM+0.0100%8h0.2490−0.168%$1.1M$242K50xas long as short
BingX SUSHI-USDTshort+0.0100%8h0.2492−0.088%$2.5M
HTX SUSHI-USDT+0.0100%8h0.2491−0.128%$83K$77K75xas long as short
Kraken Futures PF_SUSHIUSD+0.0367%1h0.2489−0.217%$747K$62K20xas long as short