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

SUSHI

all SUSHI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bybit+0.122%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$530.526% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 7 days−0.075%−$7 · spread now +0.122%, 7d avg +0.032%
Together, before fees−0.071%−$7 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: MEXC is 0.090% dearer against Bybit than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SUSHIUSDT0.25470.0100pay 0.0100% / 8h7h 03m$2.5M$3.1M75x
ShortMEXC SUSHI_USDT0.25500.0100get 0.0100% / 8h7h 03m$1.2M$286K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.122% → +0.032%
$9.02
Slippage, 4 orders
−$37.6
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$43.58
Costs to cover
0.526%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; MEXC: live order book, 3 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, 4 min ago1.96 bp23.4 bp −$23262.5 bp −$2,625doesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago1.96 bp4.5 bp −$523.4 bp −$234161.7 bp −$16.2K229.9 bp −$114.9K

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
Variational Omni SUSHI−0.0012%8h0.2550+0.105%$41K$7Kas long as short
Injective SUSHI/USDC PERP+0.0033%1h0.2545−0.075%$16$18K5.5xas long as short
Hyperliquid SUSHI+0.0100%1h0.2550+0.122%$335K$338K3xas long as short
Aster SUSHIUSDT+0.0100%8h0.2549+0.067%$22K$16K5xas long as short
Binance SUSHIUSDT+0.0100%8h0.2549+0.082%$3.9M$9.3M75xas long as short
Bybit SUSHIUSDTlong+0.0100%8h0.2547long leg$2.5M$3.1M75x
OKX SUSHI-USDT-SWAP+0.0100%8h0.2552+0.200%$1.5M$3.8M50xas long as short
Gate SUSHI_USDT+0.0100%8h0.2551+0.161%$580K$286K50xas long as short
MEXC SUSHI_USDTshort+0.0100%8h0.2550+0.122%$1.2M$286K75x
KuCoin SUSHIUSDTM+0.0100%8h0.2550+0.122%$1.2M$250K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SUSHIUSDT+0.0100%8h0.2550+0.122%$975K$774K50xas long as short
BingX SUSHI-USDT+0.0100%8h0.2549+0.082%$2.5Mas long as short
HTX SUSHI-USDT+0.0100%8h0.2553+0.240%$85K$78K75xas long as short
BloFin SUSHI-USDT+0.0130%8h0.2547+0.004%$205K$57K75xas long as short
Kraken Futures PF_SUSHIUSD+0.0316%1h0.2552+0.201%$767K$64K20xas long as short