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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SUSHIUSD | 0.2539 | 0.0097 | pay 0.0012% / 1h | 14m 08s | $763K | $73K | 20x |
| Short | OKX SUSHI-USDT-SWAP | 0.2537 | 0.0100 | get 0.0100% / 8h | 1h 14m | $1.6M | $3.1M | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures live order book, 4 min ago | 13.80 bp | 35.5 bp −$35 | 2524.3 bp −$25.2K | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.97 bp | 17.2 bp −$17 | 43.2 bp −$432 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SUSHI/USDC PERP | +0.0033% | 1h | 0.2545 | +0.255% | $16 | $18K | 5.5x | as long as short |
| Bitget SUSHIUSDT | +0.0069% | 8h | 0.2537 | −0.060% | $993K | $692K | 50x | as long as short |
| BloFin SUSHI-USDT | +0.0087% | 8h | 0.2536 | −0.100% | $211K | $65K | 75x | as long as short |
| Kraken Futures PF_SUSHIUSDlong | +0.0097% | 1h | 0.2539 | long leg | $763K | $73K | 20x | |
| Hyperliquid SUSHI | +0.0100% | 1h | 0.2538 | −0.009% | $354K | $405K | 3x | as long as short |
| Aster SUSHIUSDT | +0.0100% | 8h | 0.2538 | −0.009% | $23K | $17K | 5x | as long as short |
| Binance SUSHIUSDT | +0.0100% | 8h | 0.2535 | −0.139% | $3.9M | $9.1M | 75x | as long as short |
| Bybit SUSHIUSDT | +0.0100% | 8h | 0.2534 | −0.163% | $2.6M | $2.5M | 75x | as long as short |
| OKX SUSHI-USDT-SWAPshort | +0.0100% | 8h | 0.2537 | −0.060% | $1.6M | $3.1M | 50x | |
| Gate SUSHI_USDT | +0.0100% | 8h | 0.2536 | −0.100% | $562K | $302K | 50x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SUSHI_USDT | +0.0100% | 8h | 0.2534 | −0.179% | $1.3M | $353K | 75x | as long as short |
| KuCoin SUSHIUSDTM | +0.0100% | 8h | 0.2537 | −0.060% | $1.2M | $235K | 50x | as long as short |
| BingX SUSHI-USDT | +0.0100% | 8h | 0.2536 | −0.100% | — | $2.5M | — | as long as short |
| Variational Omni SUSHI | +0.0100% | 8h | 0.2533 | −0.230% | $41K | $14K | — | as long as short |
| HTX SUSHI-USDT | +0.0100% | 8h | 0.2538 | −0.021% | $85K | $59K | 75x | as long as short |
Kraken Futures PF_SUSHIUSD
OKX SUSHI-USDT-SWAP
Injective SUSHI/USDC PERP
Bitget SUSHIUSDT
BloFin SUSHI-USDT
Hyperliquid SUSHI
Aster SUSHIUSDT
Binance SUSHIUSDT
Bybit SUSHIUSDT
Gate SUSHI_USDT
MEXC SUSHI_USDT
KuCoin SUSHIUSDTM
BingX SUSHI-USDT
Variational Omni SUSHI
HTX SUSHI-USDT