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

SUSHI

all SUSHI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against Hyperliquid−0.059%7-day average +0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$720.718% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.042%−$4 on $10k
Price spread, last 4 days (all we have)+0.137%+$14 · spread now −0.059%, 7d avg +0.034%
Together, before fees+0.095%+ Points / potential airdropHyperliquid: Season 2 · farm board+$9 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: OKX is 0.093% cheaper against Hyperliquid than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.034%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid SUSHI0.25270.0100pay 0.0013% / 1h12m 40s$353K$334K3x
ShortOKX SUSHI-USDT-SWAP0.25260.0100get 0.0100% / 8h3h 12m$1.6M$3.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.059% → +0.034%
−$9.3
Slippage, 4 orders
−$52.83
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
−$81.13
Costs to cover
0.718%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 67 min ago; OKX: live order book, 5 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, 67 min ago2.36 bp14.3 bp −$14doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 5 min ago3.95 bp14.8 bp −$1545.6 bp −$456doesn'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−0.0058%8h0.2528+0.020%$1.0M$713K50xas long as short
Variational Omni SUSHI−0.0003%8h0.2529+0.042%$41K$7Kas long as short
Injective SUSHI/USDC PERP+0.0033%1h0.2545+0.692%$16$18K5.5xas long as short
BloFin SUSHI-USDT+0.0087%8h0.2529+0.059%$211K$38K75xas long as short
Hyperliquid SUSHIlong+0.0100%1h0.2527long leg$353K$334K3x
Aster SUSHIUSDT+0.0100%8h0.2529+0.044%$23K$17K5xas long as short
Binance SUSHIUSDT+0.0100%8h0.2523−0.176%$3.9M$9.1M75xas long as short
Bybit SUSHIUSDT+0.0100%8h0.2523−0.178%$2.5M$2.6M75xas long as short
OKX SUSHI-USDT-SWAPshort+0.0100%8h0.2526−0.059%$1.6M$3.4M50x
Gate SUSHI_USDT+0.0100%8h0.2528+0.020%$566K$232K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SUSHI_USDT+0.0100%8h0.2525−0.099%$1.2M$270K75xas long as short
KuCoin SUSHIUSDTM+0.0100%8h0.2526−0.059%$1.2M$234K50xas long as short
BingX SUSHI-USDT+0.0100%8h0.2526−0.059%$2.5Mas long as short
HTX SUSHI-USDT+0.0100%8h0.2530+0.099%$84K$75K75xas long as short
Kraken Futures PF_SUSHIUSD+0.0315%1h0.2529+0.078%$761K$62K20xas long as short