Funding you earn now, next payment 08:00 UTC−0.0098%/8h= −10.7% APRnext payment −$0.98 per $10,000 · paid last 24h −0.006%
Price spread now: Bitget against MEXC−0.078%7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$410.411% of the position
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 7 days+0.148%+$15 · spread now −0.078%, 7d avg +0.027%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.105% cheaper against MEXC than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.027%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SUSHI_USDT | 0.2551 | 0.0100 | pay 0.0100% / 8h | 6h 27m | $1.2M | $302K | 75x |
| Short | Bitget SUSHIUSDT | 0.2549 | 0.0002 | get 0.0002% / 8h | 6h 27m | $1.0M | $702K | 50x |
MEXC SUSHI_USDT
Bitget SUSHIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against MEXC. 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
- −$20.58
- Price spread: −0.078% → +0.027%
- −$10.52
- Slippage, 4 orders
- −$25.13
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$72.23
- Costs to cover
- 0.411%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Bitget: 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 MEXC live order book, 3 min ago | 1.97 bp | 4.0 bp −$4 | 17.7 bp −$177 | 125.8 bp −$12.6K | 218.0 bp −$109.0K |
| Sell Bitget live order book, 3 min ago | 5.91 bp | 13.2 bp −$13 | 26.4 bp −$264 | doesn't fit | doesn't fit |
SUSHI on 14 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 SUSHIUSDTshort | +0.0002% | 8h | 0.2549 | −0.078% | $1.0M | $702K | 50x | |
| Injective SUSHI/USDC PERP | +0.0033% | 1h | 0.2545 | −0.235% | $16 | $18K | 5.5x | as long as short |
| Variational Omni SUSHI | +0.0059% | 8h | 0.2539 | −0.486% | $41K | $14K | — | as long as short |
| Hyperliquid SUSHI | +0.0100% | 1h | 0.2550 | −0.031% | $362K | $385K | 3x | as long as short |
| Aster SUSHIUSDT | +0.0100% | 8h | 0.2549 | −0.095% | $23K | $17K | 5x | as long as short |
| Binance SUSHIUSDT | +0.0100% | 8h | 0.2551 | −0.015% | $3.9M | $9.2M | 75x | as long as short |
| Bybit SUSHIUSDT | +0.0100% | 8h | 0.2548 | −0.118% | $2.6M | $2.6M | 75x | as long as short |
| OKX SUSHI-USDT-SWAP | +0.0100% | 8h | 0.2552 | +0.039% | $1.6M | $3.2M | 50x | as long as short |
| Gate SUSHI_USDT | +0.0100% | 8h | 0.2550 | −0.039% | $561K | $266K | 50x | as long as short |
| MEXC SUSHI_USDTlong | +0.0100% | 8h | 0.2551 | long leg | $1.2M | $302K | 75x |
Injective SUSHI/USDC PERP
Variational Omni SUSHI
Hyperliquid SUSHI
Aster SUSHIUSDT
Binance SUSHIUSDT
Bybit SUSHIUSDT
OKX SUSHI-USDT-SWAP
Gate SUSHI_USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SUSHIUSDTM | +0.0100% | 8h | 0.2549 | −0.078% | $1.2M | $229K | 50x | as long as short |
| BingX SUSHI-USDT | +0.0100% | 8h | 0.2550 | −0.039% | — | $2.5M | — | as long as short |
| HTX SUSHI-USDT | +0.0100% | 8h | 0.2551 | 0.000% | $88K | $49K | 75x | as long as short |
| Kraken Futures PF_SUSHIUSD | +0.0132% | 1h | 0.2552 | +0.037% | $767K | $68K | 20x | as long as short |
KuCoin SUSHIUSDTM
BingX SUSHI-USDT
HTX SUSHI-USDT
Kraken Futures PF_SUSHIUSD