SUSHI

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0056%/8h= +6.1% APRnext payment +$0.07 per $10,000 · paid last 24h +0.045%

Price spread now: Kraken Futures against Injective+0.600%7-day average — · you sell dearer than you buy

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

Long on Injective Short on Kraken Futures

What this pair did over the last

the charts below follow

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

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Kraken Futures is 0.600% dearer against Injective than usual: you sell high and buy low: +$60 more if the spread goes back to zero (this spread has no 7-day history yet).

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	37m 18s	$16	$18K	5.5x
Short	Kraken Futures PF_SUSHIUSD	0.2560	0.0089	get 0.0011% / 1h	37m 18s	$769K	$67K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Injective. 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 InjectivebpFee Kraken FuturesbpOrdersPrice spread, now +0.600%Rate

Funding earned: $11.7
Price spread: +0.600% → 0.000%: $60.01
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $61.69
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Kraken Futures: live order book, 36 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 Kraken Futures live order book, 36 min ago	9.82 bp	25.6 bp −$26	166.4 bp −$1,664	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
Bitget SUSHIUSDT	+0.0024%	8h	0.2556	+0.432%	$1.0M	$680K	50x	as long as short
Injective SUSHI/USDC PERPlong	+0.0033%	1h	0.2545	long leg	$16	$18K	5.5x
Variational Omni SUSHI	+0.0071%	8h	0.2555	+0.377%	$41K	$14K	—	as long as short
Kraken Futures PF_SUSHIUSDshort	+0.0089%	1h	0.2560	+0.600%	$769K	$67K	20x
BloFin SUSHI-USDT	+0.0092%	8h	0.2556	+0.432%	$217K	$62K	75x	as long as short
Hyperliquid SUSHI	+0.0100%	1h	0.2559	+0.566%	$359K	$396K	3x	as long as short
Aster SUSHIUSDT	+0.0100%	8h	0.2557	+0.483%	$23K	$17K	5x	as long as short
Binance SUSHIUSDT	+0.0100%	8h	0.2557	+0.488%	$3.9M	$8.9M	75x	as long as short
Bybit SUSHIUSDT	+0.0100%	8h	0.2557	+0.472%	$2.6M	$2.4M	75x	as long as short
OKX SUSHI-USDT-SWAP	+0.0100%	8h	0.2561	+0.629%	$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	0.2557	+0.472%	$566K	$291K	50x	as long as short
MEXC SUSHI_USDT	+0.0100%	8h	0.2558	+0.511%	$1.3M	$294K	75x	as long as short
KuCoin SUSHIUSDTM	+0.0100%	8h	0.2557	+0.472%	$1.2M	$231K	50x	as long as short
BingX SUSHI-USDT	+0.0100%	8h	0.2557	+0.472%	—	$2.5M	—	as long as short
HTX SUSHI-USDT	+0.0100%	8h	0.2558	+0.511%	$89K	$58K	75x	as long as short