Funding you earn now, next payment 05:00 UTC−0.0279%/8h= −30.6% APRnext payment −$0.35 per $10,000 · paid last 24h −0.050%
Price spread now: Injective against Kraken Futures−0.310%63s7-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
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Injective is 0.310% cheaper against Kraken Futures than usual: you would sell low and buy high (−$31 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 63 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 | Kraken Futures PF_SUSHIUSD | 0.2553 | 0.0313 | pay 0.0039% / 1h | 52m 06s | $768K | $61K | 20x |
| Short | Injective SUSHI/USDC PERP | 0.2545 | 0.0033 | get 0.0004% / 1h | 52m 06s | $16 | $18K | 5.5x |
Kraken Futures PF_SUSHIUSD
Injective SUSHI/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$58.65
- Price spread: −0.310% → 0.000%
- −$30.97
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$99.63
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 1 min ago; Injective: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures live order book, 1 min ago | 13.70 bp | 35.2 bp −$35 | 4086.9 bp −$40.9K | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 | −0.0085% | 8h | 0.2552 | −0.035% | $1.0M | $712K | 50x | as long as short |
| Variational Omni SUSHI | +0.0010% | 8h | 0.2543 | −0.405% | $41K | $7K | — | as long as short |
| Injective SUSHI/USDC PERPshort | +0.0033% | 1h | 0.2545 | −0.310% | $16 | $18K | 5.5x | |
| BloFin SUSHI-USDT | +0.0071% | 8h | 0.2548 | −0.192% | $211K | $38K | 75x | as long as short |
| Hyperliquid SUSHI | +0.0100% | 1h | 0.2550 | −0.102% | $357K | $335K | 3x | as long as short |
| Aster SUSHIUSDT | +0.0100% | 8h | 0.2552 | −0.055% | $23K | $17K | 5x | as long as short |
| Binance SUSHIUSDT | +0.0100% | 8h | 0.2550 | −0.114% | $3.9M | $9.1M | 75x | as long as short |
| Bybit SUSHIUSDT | +0.0100% | 8h | 0.2548 | −0.180% | $2.6M | $2.6M | 75x | as long as short |
| OKX SUSHI-USDT-SWAP | +0.0100% | 8h | 0.2551 | −0.075% | $1.6M | $3.3M | 50x | as long as short |
| Gate SUSHI_USDT | +0.0100% | 8h | 0.2552 | −0.035% | $566K | $221K | 50x | as long as short |
Bitget SUSHIUSDT
Variational Omni SUSHI
BloFin SUSHI-USDT
Hyperliquid SUSHI
Aster SUSHIUSDT
Binance SUSHIUSDT
Bybit 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 | 0.2551 | −0.075% | $1.2M | $266K | 75x | as long as short |
| KuCoin SUSHIUSDTM | +0.0100% | 8h | 0.2553 | +0.004% | $1.2M | $233K | 50x | as long as short |
| BingX SUSHI-USDT | +0.0100% | 8h | 0.2553 | +0.004% | — | $2.5M | — | as long as short |
| HTX SUSHI-USDT | +0.0100% | 8h | 0.2556 | +0.121% | $85K | $74K | 75x | as long as short |
| Kraken Futures PF_SUSHIUSDlong | +0.0313% | 1h | 0.2553 | long leg | $768K | $61K | 20x |
MEXC SUSHI_USDT
KuCoin SUSHIUSDTM
BingX SUSHI-USDT
HTX SUSHI-USDT