Funding arb · Price arb /

SUSHI

all SUSHI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Aster against Hyperliquid+0.007%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Hyperliquid Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · Aster: Stage 5 · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid SUSHI	0.2549	0.0100	pay 0.0013% / 1h	16m 04s	$353K	$407K	3x
Short	Aster SUSHIUSDT	0.2549	0.0100	get 0.0100% / 8h	16m 04s	$23K	$17K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Hyperliquid. 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 HyperliquidbpFee AsterbpOrdersPrice spread, now +0.007%Rate

Funding earned: $0
Price spread: +0.007% → 0.000%: $0.71
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Aster: 4 bp × 2 orders: −$8
Net: −$16.29
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 44 min ago; Aster: no order-book sample. Net counts fees only.

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 Hyperliquid live order book, 44 min ago	5.48 bp	16.6 bp −$17	doesn't fit	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Kraken Futures PF_SUSHIUSD	−0.0012%	1h	0.2549	+0.020%	$766K	$67K	20x	as long as short
Injective SUSHI/USDC PERP	+0.0033%	1h	0.2545	−0.157%	$16	$18K	5.5x	as long as short
Bitget SUSHIUSDT	+0.0042%	8h	0.2545	−0.157%	$1.0M	$681K	50x	as long as short
Variational Omni SUSHI	+0.0072%	8h	0.2546	−0.132%	$41K	$14K	—	as long as short
BloFin SUSHI-USDT	+0.0082%	8h	0.2544	−0.196%	$215K	$65K	75x	as long as short
Hyperliquid SUSHIlong	+0.0100%	1h	0.2549	long leg	$353K	$407K	3x
Aster SUSHIUSDTshort	+0.0100%	8h	0.2549	+0.007%	$23K	$17K	5x
Binance SUSHIUSDT	+0.0100%	8h	0.2546	−0.118%	$3.9M	$8.9M	75x	as long as short
Bybit SUSHIUSDT	+0.0100%	8h	0.2546	−0.118%	$2.6M	$2.4M	75x	as long as short
OKX SUSHI-USDT-SWAP	+0.0100%	8h	0.2549	0.000%	$1.7M	$3.1M	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SUSHI_USDT	+0.0100%	8h	0.2548	−0.039%	$564K	$298K	50x	as long as short
MEXC SUSHI_USDT	+0.0100%	8h	0.2546	−0.118%	$1.3M	$304K	75x	as long as short
KuCoin SUSHIUSDTM	+0.0100%	8h	0.2549	0.000%	$1.2M	$227K	50x	as long as short
BingX SUSHI-USDT	+0.0100%	8h	0.2549	0.000%	—	$2.5M	—	as long as short
HTX SUSHI-USDT	+0.0100%	8h	0.2550	+0.039%	$89K	$57K	75x	as long as short