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

SUSHI

all SUSHI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against Hyperliquid−0.074%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$800.804% 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)+0.248%+$25 · spread now −0.074%, 7d avg +0.004%
Together, before fees+0.209%+ Points / potential airdropHyperliquid: Season 2 · farm board+$21 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: Gate is 0.078% cheaper against Hyperliquid than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid SUSHI0.25660.0100pay 0.0013% / 1h22m 21s$361K$337K3x
ShortGate SUSHI_USDT0.25640.0100get 0.0100% / 8h5h 22m$564K$253K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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

Funding earned
$0
Price spread: −0.074% → +0.004%
−$7.77
Slippage, 4 orders
−$56.45
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$88.21
Costs to cover
0.804%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 7 min ago; Gate: live order book, 39 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 Hyperliquid live order book, 7 min ago3.34 bp14.6 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 39 min ago7.84 bp24.3 bp −$2483.8 bp −$838doesn'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
Bitget SUSHIUSDT−0.0060%8h0.2563−0.113%$1.0M$704K50xas long as short
Injective SUSHI/USDC PERP+0.0033%1h0.2545−0.815%$16$18K5.5xas long as short
Variational Omni SUSHI+0.0057%8h0.2544−0.854%$41K$13Kas long as short
BloFin SUSHI-USDT+0.0073%8h0.2561−0.191%$216K$39K75xas long as short
Hyperliquid SUSHIlong+0.0100%1h0.2566long leg$361K$337K3x
Aster SUSHIUSDT+0.0100%8h0.2566−0.009%$23K$17K5xas long as short
Binance SUSHIUSDT+0.0100%8h0.2566−0.006%$4.0M$9.0M75xas long as short
Bybit SUSHIUSDT+0.0100%8h0.2564−0.058%$2.6M$2.4M75xas long as short
OKX SUSHI-USDT-SWAP+0.0100%8h0.2566+0.004%$1.6M$3.2M50xas long as short
Gate SUSHI_USDTshort+0.0100%8h0.2564−0.074%$564K$253K50x
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SUSHI_USDT+0.0100%8h0.2564−0.074%$1.2M$271K75xas long as short
KuCoin SUSHIUSDTM+0.0100%8h0.2565−0.035%$1.2M$225K50xas long as short
BingX SUSHI-USDT+0.0100%8h0.2563−0.113%$2.5Mas long as short
HTX SUSHI-USDT+0.0100%8h0.2565−0.035%$88K$48K75xas long as short
Kraken Futures PF_SUSHIUSD+0.0223%1h0.2563−0.131%$771K$64K20xas long as short