Funding you earn now, next payment 00:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: Bybit against Injective−0.079%48s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Bybit is 0.079% cheaper against Injective than usual: you would sell low and buy high (spread −0.079% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 3.9 days of funding at the current rate (+$2 a day). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective SUSHI/USDC PERP | 0.2545 | 0.0033 | pay 0.0004% / 1h | 6m 27s | $16 | $18K | 5.5x |
| Short | Bybit SUSHIUSDT | 0.2543 | 0.0100 | get 0.0100% / 8h | 6m 27s | $2.6M | $2.4M | 75x |
Injective SUSHI/USDC PERP
Bybit SUSHIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Injective. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $14
- Price spread: −0.079% → 0.000%
- −$7.86
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$4.88
- Costs to cover
- 0.110%
- Break-even
- 9.4 days
Slippage unknown: Injective: no order-book sample; Bybit: live order book, 1 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 1 min ago | 3.93 bp | 28.1 bp −$28 | 109.4 bp −$1,094 | doesn't fit | doesn't fit |
Injective: 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 | 0.2547 | +0.088% | $765K | $67K | 20x | as long as short |
| Injective SUSHI/USDC PERPlong | +0.0033% | 1h | 0.2545 | long leg | $16 | $18K | 5.5x | |
| Bitget SUSHIUSDT | +0.0038% | 8h | 0.2545 | 0.000% | $1.0M | $681K | 50x | as long as short |
| Variational Omni SUSHI | +0.0072% | 8h | 0.2542 | −0.132% | $41K | $14K | — | as long as short |
| Hyperliquid SUSHI | +0.0100% | 1h | 0.2548 | +0.102% | $353K | $407K | 3x | as long as short |
| Aster SUSHIUSDT | +0.0100% | 8h | 0.2547 | +0.096% | $23K | $17K | 5x | as long as short |
| Binance SUSHIUSDT | +0.0100% | 8h | 0.2545 | −0.011% | $3.9M | $8.9M | 75x | as long as short |
| Bybit SUSHIUSDTshort | +0.0100% | 8h | 0.2543 | −0.079% | $2.6M | $2.4M | 75x | |
| OKX SUSHI-USDT-SWAP | +0.0100% | 8h | 0.2547 | +0.079% | $1.7M | $3.1M | 50x | as long as short |
| Gate SUSHI_USDT | +0.0100% | 8h | 0.2545 | 0.000% | $563K | $299K | 50x | as long as short |
Kraken Futures PF_SUSHIUSD
Bitget SUSHIUSDT
Variational Omni SUSHI
Hyperliquid SUSHI
Aster SUSHIUSDT
Binance SUSHIUSDT
OKX SUSHI-USDT-SWAP
Gate SUSHI_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SUSHI_USDT | +0.0100% | 8h | 0.2545 | 0.000% | $1.3M | $305K | 75x | as long as short |
| KuCoin SUSHIUSDTM | +0.0100% | 8h | 0.2546 | +0.039% | $1.2M | $227K | 50x | as long as short |
| BingX SUSHI-USDT | +0.0100% | 8h | 0.2545 | 0.000% | — | $2.5M | — | as long as short |
| HTX SUSHI-USDT | +0.0100% | 8h | 0.2549 | +0.157% | $89K | $57K | 75x | as long as short |
| BloFin SUSHI-USDT | +0.0108% | 8h | 0.2543 | −0.079% | $214K | $65K | 75x | as long as short |
MEXC SUSHI_USDT
KuCoin SUSHIUSDTM
BingX SUSHI-USDT
HTX SUSHI-USDT
BloFin SUSHI-USDT