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% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Gate−0.159%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$900.898% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.040%+$4 on $10k
Price spread, last 4 days (all we have)+0.107%+$11 · spread now −0.159%, 7d avg −0.003%
Together, before fees+0.147%+ Points / potential airdropHyperliquid: Season 2 · farm board+$15 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: Hyperliquid is 0.156% cheaper against Gate than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SUSHI_USDT0.25190.0100pay 0.0100% / 8h24m 26s$572K$279K50x
ShortHyperliquid SUSHI0.25150.0100get 0.0013% / 1h24m 26s$330K$342K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Gate. 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: −0.159% → −0.003%
−$15.59
Slippage, 4 orders
−$65.85
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$105.44
Costs to cover
0.898%
Break-even
never at this rate
Slippage from Gate: live order book, 12 min ago; Hyperliquid: live order book, 25 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 Gate live order book, 12 min ago7.94 bp24.5 bp −$24148.3 bp −$1,483doesn't fitdoesn't fit
Sell Hyperliquid live order book, 25 min ago0.59 bp20.1 bp −$20doesn't fitdoesn't fitdoesn'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
Variational Omni SUSHI−0.0009%8h0.2512−0.276%$40K$7Kas long as short
Injective SUSHI/USDC PERP+0.0033%1h0.2545+1.032%$16$18K5.5xas long as short
Bitget SUSHIUSDT+0.0046%8h0.2515−0.159%$981K$767K50xas long as short
BloFin SUSHI-USDT+0.0081%8h0.2516−0.119%$206K$53K75xas long as short
Hyperliquid SUSHIshort+0.0100%1h0.2515−0.159%$330K$342K3x
Aster SUSHIUSDT+0.0100%8h0.2517−0.087%$23K$15K5xas long as short
Binance SUSHIUSDT+0.0100%8h0.2513−0.224%$3.9M$9.4M75xas long as short
Bybit SUSHIUSDT+0.0100%8h0.2512−0.258%$2.5M$3.0M75xas long as short
OKX SUSHI-USDT-SWAP+0.0100%8h0.2513−0.238%$1.5M$3.7M50xas long as short
Gate SUSHI_USDTlong+0.0100%8h0.2519long leg$572K$279K50x
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SUSHI_USDT+0.0100%8h0.2513−0.238%$1.2M$284K75xas long as short
KuCoin SUSHIUSDTM+0.0100%8h0.2515−0.159%$1.2M$247K50xas long as short
BingX SUSHI-USDT+0.0100%8h0.2516−0.119%$2.5Mas long as short
HTX SUSHI-USDT+0.0100%8h0.25190.000%$84K$78K75xas long as short
Kraken Futures PF_SUSHIUSD+0.0511%1h0.2517−0.062%$758K$65K20xas long as short