Funding arb · Price arb /

SUSHI

all SUSHI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Aster against KuCoin−0.021%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.021% cheaper against KuCoin than usual: you would sell low and buy high, −$2 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SUSHIUSDTM	0.2544	0.0100	pay 0.0100% / 8h	7h 57m	$1.2M	$251K	50x
Short	Aster SUSHIUSDT	0.2543	0.0100	get 0.0100% / 8h	7h 57m	$21K	$15K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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

Position, each leg$Hold fordaysFee KuCoinbpFee AsterbpOrdersPrice spread, now −0.021%Rate

Funding earned: $0
Price spread: −0.021% → 0.000%: −$2.14
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$22.14
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 8 min ago; Aster: 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 KuCoin live order book, 8 min ago	7.87 bp	28.8 bp −$29	183.7 bp −$1,837	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: 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
Variational Omni SUSHI	−0.0014%	8h	0.2538	−0.230%	$41K	$7K	—	as long as short
Injective SUSHI/USDC PERP	+0.0033%	1h	0.2545	+0.039%	$16	$18K	5.5x	as long as short
Bitget SUSHIUSDT	+0.0078%	8h	0.2545	+0.039%	$992K	$777K	50x	as long as short
Hyperliquid SUSHI	+0.0100%	1h	0.2547	+0.110%	$334K	$342K	3x	as long as short
Aster SUSHIUSDTshort	+0.0100%	8h	0.2543	−0.021%	$21K	$15K	5x
Binance SUSHIUSDT	+0.0100%	8h	0.2545	+0.048%	$4.0M	$9.5M	75x	as long as short
Bybit SUSHIUSDT	+0.0100%	8h	0.2544	0.000%	$2.6M	$3.1M	75x	as long as short
OKX SUSHI-USDT-SWAP	+0.0100%	8h	0.2546	+0.079%	$1.5M	$3.8M	50x	as long as short
Gate SUSHI_USDT	+0.0100%	8h	0.2544	0.000%	$576K	$268K	50x	as long as short
MEXC SUSHI_USDT	+0.0100%	8h	0.2545	+0.039%	$1.2M	$278K	75x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin SUSHIUSDTMlong	+0.0100%	8h	0.2544	long leg	$1.2M	$251K	50x
BingX SUSHI-USDT	+0.0100%	8h	0.2544	0.000%	—	$2.5M	—	as long as short
HTX SUSHI-USDT	+0.0100%	8h	0.2543	−0.039%	$85K	$78K	75x	as long as short
BloFin SUSHI-USDT	+0.0121%	8h	0.2538	−0.236%	$205K	$49K	75x	as long as short
Kraken Futures PF_SUSHIUSD	+0.0316%	1h	0.2545	+0.034%	$767K	$66K	20x	as long as short