Funding you earn now, next payment 10:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h −0.028%
Price spread now: BloFin against Kraken Futures+0.148%7-day average −0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$990.993% of the position
Funding, last 7 days−0.027%−$3 on $10k
+Price spread, last 4 days (all we have)−0.290%−$29 · spread now +0.148%, 7d avg −0.074%
=The price spread pays, funding is against you. BloFin is 0.221% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.148% now, against its 7-day average of −0.074%): +$22 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 14 days. At the pace of the last 7 days (−0.027% in total) that is about 58 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SUSHIUSD | 0.2529 | 0.0131 | pay 0.0016% / 1h | 54m 55s | $760K | $63K | 20x |
| Short | BloFin SUSHI-USDT | 0.2533 | 0.0077 | get 0.0077% / 8h | 6h 54m | $204K | $59K | 75x |
Kraken Futures PF_SUSHIUSD
BloFin SUSHI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Kraken Futures. 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
- −$11.26
- Price spread: +0.148% → −0.074%
- $22.14
- Slippage, 4 orders
- −$77.28
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$88.4
- Costs to cover
- 0.993%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 38 min ago; BloFin: live order book, 62 min ago.
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 Kraken Futures live order book, 38 min ago | 15.81 bp | 25.9 bp −$26 | 3236.8 bp −$32.4K | doesn't fit | doesn't fit |
| Sell BloFin live order book, 62 min ago | 7.87 bp | 15.1 bp −$15 | 31.7 bp −$317 | 120.0 bp −$12.0K | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SUSHI | −0.0028% | 8h | 0.2539 | +0.365% | $41K | $6K | — | as long as short |
| Injective SUSHI/USDC PERP | +0.0033% | 1h | 0.2545 | +0.622% | $16 | $18K | 5.5x | as long as short |
| BloFin SUSHI-USDTshort | +0.0077% | 8h | 0.2533 | +0.148% | $204K | $59K | 75x | |
| Hyperliquid SUSHI | +0.0100% | 1h | 0.2531 | +0.068% | $333K | $339K | 3x | as long as short |
| Aster SUSHIUSDT | +0.0100% | 8h | 0.2534 | +0.188% | $22K | $16K | 5x | as long as short |
| Binance SUSHIUSDT | +0.0100% | 8h | 0.2529 | −0.011% | $3.9M | $9.3M | 75x | as long as short |
| Bybit SUSHIUSDT | +0.0100% | 8h | 0.2528 | −0.046% | $2.5M | $3.0M | 75x | as long as short |
| OKX SUSHI-USDT-SWAP | +0.0100% | 8h | 0.2527 | −0.090% | $1.5M | $3.7M | 50x | as long as short |
| Gate SUSHI_USDT | +0.0100% | 8h | 0.2533 | +0.148% | $575K | $265K | 50x | as long as short |
| MEXC SUSHI_USDT | +0.0100% | 8h | 0.2529 | −0.011% | $1.2M | $262K | 75x | as long as short |
Variational Omni SUSHI
Injective SUSHI/USDC PERP
Hyperliquid SUSHI
Aster SUSHIUSDT
Binance SUSHIUSDT
Bybit SUSHIUSDT
OKX SUSHI-USDT-SWAP
Gate SUSHI_USDT
MEXC SUSHI_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SUSHIUSDTM | +0.0100% | 8h | 0.2532 | +0.108% | $1.2M | $247K | 50x | as long as short |
| Bitget SUSHIUSDT | +0.0100% | 8h | 0.2530 | +0.029% | $967K | $771K | 50x | as long as short |
| BingX SUSHI-USDT | +0.0100% | 8h | 0.2529 | −0.011% | — | $2.5M | — | as long as short |
| HTX SUSHI-USDT | +0.0100% | 8h | 0.2531 | +0.068% | $85K | $78K | 75x | as long as short |
| Kraken Futures PF_SUSHIUSDlong | +0.0131% | 1h | 0.2529 | long leg | $760K | $63K | 20x |
KuCoin SUSHIUSDTM
Bitget SUSHIUSDT
BingX SUSHI-USDT
HTX SUSHI-USDT