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−0.0102%/8h= −11.2% APRnext payment $1.02 per $10,000 · paid last 24h −0.006%
Price spread now: Bitget against Bybit+0.079%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$970.968% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.051%+$5 on $10k
Price spread, last 7 days+0.046%+$5 · spread now +0.079%, 7d avg +0.058%
Together, before fees+0.097%+$10 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.021% dearer against Bybit than usual: you sell high and buy low (spread +0.079% now, against its 7-day average of +0.058%): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 16 hours. Mind the row above: over the last 7 days funding on this pair paid +0.051%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SUSHIUSDT0.25380.0100pay 0.0100% / 8h6h 30m$2.6M$2.6M75x
ShortBitget SUSHIUSDT0.2540−0.0002pay 0.0002% / 8h6h 30m$1.0M$706K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$21.42
Price spread: +0.079% → +0.058%
$2.05
Slippage, 4 orders
−$73.84
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$116.21
Costs to cover
0.968%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; Bitget: live order book, just now.

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, 1 min ago5.91 bp33.4 bp −$33doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, just now5.91 bp13.2 bp −$1326.4 bp −$264doesn't fitdoesn't fit

SUSHI on 14 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 SUSHIUSDTshort−0.0002%8h0.2540+0.079%$1.0M$706K50x
Injective SUSHI/USDC PERP+0.0033%1h0.2545+0.276%$16$18K5.5xas long as short
Variational Omni SUSHI+0.0059%8h0.2539+0.024%$41K$14Kas long as short
Hyperliquid SUSHI+0.0100%1h0.2541+0.102%$360K$385K3xas long as short
Aster SUSHIUSDT+0.0100%8h0.2539+0.051%$23K$17K5xas long as short
Binance SUSHIUSDT+0.0100%8h0.25380.000%$3.9M$9.2M75xas long as short
Bybit SUSHIUSDTlong+0.0100%8h0.2538long leg$2.6M$2.6M75x
OKX SUSHI-USDT-SWAP+0.0100%8h0.2540+0.079%$1.6M$3.2M50xas long as short
Gate SUSHI_USDT+0.0100%8h0.2541+0.118%$559K$266K50xas long as short
MEXC SUSHI_USDT+0.0100%8h0.2537−0.039%$1.2M$302K75xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SUSHIUSDTM+0.0100%8h0.2539+0.039%$1.2M$236K50xas long as short
BingX SUSHI-USDT+0.0100%8h0.2539+0.039%$2.5Mas long as short
HTX SUSHI-USDT+0.0100%8h0.2542+0.158%$87K$49K75xas long as short
Kraken Futures PF_SUSHIUSD+0.0133%1h0.2542+0.139%$764K$68K20xas long as short