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

SUSHI

all SUSHI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0035%/8h= +3.8% APRpaid last 24h +0.017%
Price spread now: Variational Omni against Injective+0.731%91s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Variational Omni is 0.731% dearer against Injective than usual: you sell high and buy low: +$73 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective SUSHI/USDC PERP0.25450.0033pay 0.0004% / 1h15m 40s$16$18K5.5x
ShortVariational Omni SUSHI0.25640.0068get 0.0068% / 8h7h 15m$41K$14K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Funding earned
$7.34
Price spread: +0.731% → 0.000%
$73.09
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$80.42
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Variational Omni: 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
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Variational Omni no order-book sample
Injective and Variational Omni: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SUSHIUSDT+0.0028%8h0.2568+0.904%$1.0M$681K50xas long as short
Injective SUSHI/USDC PERPlong+0.0033%1h0.2545long leg$16$18K5.5x
Variational Omni SUSHIshort+0.0068%8h0.2564+0.731%$41K$14K
BloFin SUSHI-USDT+0.0077%8h0.2565+0.786%$216K$53K75xas long as short
Kraken Futures PF_SUSHIUSD+0.0089%1h0.2570+0.965%$772K$67K20xas long as short
Hyperliquid SUSHI+0.0100%1h0.2568+0.904%$361K$391K3xas long as short
Aster SUSHIUSDT+0.0100%8h0.2565+0.787%$23K$17K5xas long as short
Binance SUSHIUSDT+0.0100%8h0.2568+0.917%$3.9M$9.0M75xas long as short
Bybit SUSHIUSDT+0.0100%8h0.2568+0.904%$2.6M$2.5M75xas long as short
OKX SUSHI-USDT-SWAP+0.0100%8h0.2572+1.061%$1.7M$3.1M50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SUSHI_USDT+0.0100%8h0.2565+0.786%$568K$293K50xas long as short
MEXC SUSHI_USDT+0.0100%8h0.2570+0.982%$1.3M$297K75xas long as short
KuCoin SUSHIUSDTM+0.0100%8h0.2563+0.707%$1.2M$230K50xas long as short
BingX SUSHI-USDT+0.0100%8h0.2566+0.825%$2.5Mas long as short
HTX SUSHI-USDT+0.0100%8h0.2565+0.786%$90K$47K75xas long as short