SUSHI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.04 per $10,000 · paid last 24h +0.004%

Price spread now: BloFin against KuCoin−0.039%7-day average −0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$86as in the Funding arb table

Net, price: spread back to 7d avg − costs−$92as in the Price arb table

costs, in and out, $10k−$900.896% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.036%+$4 on $10k

Price spread, last 4 days (all we have)−0.040%−$4 · spread now −0.039%, 7d avg −0.014%

Together, before fees−0.004%$0 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: BloFin is 0.026% cheaper against KuCoin than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.014%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SUSHIUSDTM	0.2536	0.0100	pay 0.0100% / 8h	3h 24m	$1.2M	$233K	50x
Short	BloFin SUSHI-USDT	0.2535	0.0104	get 0.0104% / 8h	3h 24m	$210K	$38K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.039%Rate

Funding earned: $0.82
Price spread: −0.039% → −0.014%: −$2.59
Slippage, 4 orders: −$65.63
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$91.4
Costs to cover: 0.896%
Break-even: 790.4 days

Slippage from KuCoin: live order book, 5 min ago; BloFin: live order book, 57 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 KuCoin live order book, 5 min ago	7.88 bp	32.0 bp −$32	144.8 bp −$1,448	doesn't fit	doesn't fit
Sell BloFin live order book, 57 min ago	3.93 bp	14.9 bp −$15	30.2 bp −$302	131.7 bp −$13.2K	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
Bitget SUSHIUSDT	−0.0069%	8h	0.2537	+0.039%	$1.0M	$711K	50x	as long as short
Variational Omni SUSHI	−0.0002%	8h	0.2535	−0.058%	$41K	$7K	—	as long as short
Injective SUSHI/USDC PERP	+0.0033%	1h	0.2545	+0.355%	$16	$18K	5.5x	as long as short
Hyperliquid SUSHI	+0.0100%	1h	0.2538	+0.071%	$355K	$334K	3x	as long as short
Aster SUSHIUSDT	+0.0100%	8h	0.2539	+0.127%	$23K	$17K	5x	as long as short
Binance SUSHIUSDT	+0.0100%	8h	0.2535	−0.025%	$3.9M	$9.1M	75x	as long as short
Bybit SUSHIUSDT	+0.0100%	8h	0.2534	−0.079%	$2.6M	$2.6M	75x	as long as short
OKX SUSHI-USDT-SWAP	+0.0100%	8h	0.2537	+0.039%	$1.6M	$3.3M	50x	as long as short
Gate SUSHI_USDT	+0.0100%	8h	0.2539	+0.118%	$568K	$228K	50x	as long as short
MEXC SUSHI_USDT	+0.0100%	8h	0.2536	0.000%	$1.2M	$267K	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	0.2536	long leg	$1.2M	$233K	50x
BingX SUSHI-USDT	+0.0100%	8h	0.2537	+0.039%	—	$2.5M	—	as long as short
HTX SUSHI-USDT	+0.0100%	8h	0.2540	+0.158%	$85K	$74K	75x	as long as short
BloFin SUSHI-USDTshort	+0.0104%	8h	0.2535	−0.039%	$210K	$38K	75x
Kraken Futures PF_SUSHIUSD	+0.0314%	1h	0.2539	+0.108%	$764K	$62K	20x	as long as short