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

SUSHI

all SUSHI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0003%/8h= +0.4% APRpaid last 24h −0.032%
Price spread now: OKX against Kraken Futures−0.060%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$990.994% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.009%+$1 on $10k
Price spread, last 3 days (all we have)−0.281%−$28 · spread now −0.060%, 7d avg +0.013%
Together, before fees−0.272%−$27 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.074% cheaper against Kraken Futures than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_SUSHIUSD0.25390.0097pay 0.0012% / 1h14m 08s$763K$73K20x
ShortOKX SUSHI-USDT-SWAP0.25370.0100get 0.0100% / 8h1h 14m$1.6M$3.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0.72
Price spread: −0.060% → +0.013%
−$7.39
Slippage, 4 orders
−$79.42
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$106.09
Costs to cover
0.994%
Break-even
1033.3 days
Slippage from Kraken Futures: live order book, 4 min ago; OKX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 4 min ago13.80 bp35.5 bp −$352524.3 bp −$25.2Kdoesn't fitdoesn't fit
Sell OKX live order book, 3 min ago1.97 bp17.2 bp −$1743.2 bp −$432doesn't fitdoesn't fit

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
Injective SUSHI/USDC PERP+0.0033%1h0.2545+0.255%$16$18K5.5xas long as short
Bitget SUSHIUSDT+0.0069%8h0.2537−0.060%$993K$692K50xas long as short
BloFin SUSHI-USDT+0.0087%8h0.2536−0.100%$211K$65K75xas long as short
Kraken Futures PF_SUSHIUSDlong+0.0097%1h0.2539long leg$763K$73K20x
Hyperliquid SUSHI+0.0100%1h0.2538−0.009%$354K$405K3xas long as short
Aster SUSHIUSDT+0.0100%8h0.2538−0.009%$23K$17K5xas long as short
Binance SUSHIUSDT+0.0100%8h0.2535−0.139%$3.9M$9.1M75xas long as short
Bybit SUSHIUSDT+0.0100%8h0.2534−0.163%$2.6M$2.5M75xas long as short
OKX SUSHI-USDT-SWAPshort+0.0100%8h0.2537−0.060%$1.6M$3.1M50x
Gate SUSHI_USDT+0.0100%8h0.2536−0.100%$562K$302K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SUSHI_USDT+0.0100%8h0.2534−0.179%$1.3M$353K75xas long as short
KuCoin SUSHIUSDTM+0.0100%8h0.2537−0.060%$1.2M$235K50xas long as short
BingX SUSHI-USDT+0.0100%8h0.2536−0.100%$2.5Mas long as short
Variational Omni SUSHI+0.0100%8h0.2533−0.230%$41K$14Kas long as short
HTX SUSHI-USDT+0.0100%8h0.2538−0.021%$85K$59K75xas long as short