Funding arb · Price arb /

SUSHI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Aster against OKX+0.206%7-day average — · you sell dearer than you buy

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

Long on OKX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 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 0.206% dearer against OKX than usual: you sell high and buy low, +$21 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	OKX SUSHI-USDT-SWAP	0.2545	0.0100	pay 0.0100% / 8h	4h 52m	$1.6M	$3.2M	50x
Short	Aster SUSHIUSDT	0.2550	0.0100	get 0.0100% / 8h	4h 52m	$23K	$17K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against OKX. 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 OKXbpFee AsterbpOrdersPrice spread, now +0.206%Rate

Funding earned: $0
Price spread: +0.206% → 0.000%: $20.59
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: $2.59
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: OKX: live order book, 5 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 OKX live order book, 5 min ago	3.92 bp	19.8 bp −$20	49.3 bp −$493	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
Bitget SUSHIUSDT	−0.0077%	8h	0.2544	−0.039%	$1.0M	$707K	50x	as long as short
Injective SUSHI/USDC PERP	+0.0033%	1h	0.2545	0.000%	$16	$18K	5.5x	as long as short
Variational Omni SUSHI	+0.0036%	8h	0.2556	+0.416%	$41K	$13K	—	as long as short
Hyperliquid SUSHI	+0.0100%	1h	0.2546	+0.055%	$357K	$338K	3x	as long as short
Aster SUSHIUSDTshort	+0.0100%	8h	0.2550	+0.206%	$23K	$17K	5x
Binance SUSHIUSDT	+0.0100%	8h	0.2545	0.000%	$3.9M	$9.1M	75x	as long as short
Bybit SUSHIUSDT	+0.0100%	8h	0.2544	−0.028%	$2.6M	$2.5M	75x	as long as short
OKX SUSHI-USDT-SWAPlong	+0.0100%	8h	0.2545	long leg	$1.6M	$3.2M	50x
Gate SUSHI_USDT	+0.0100%	8h	0.2552	+0.275%	$565K	$233K	50x	as long as short
MEXC SUSHI_USDT	+0.0100%	8h	0.2545	0.000%	$1.2M	$266K	75x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin SUSHIUSDTM	+0.0100%	8h	0.2548	+0.118%	$1.2M	$231K	50x	as long as short
BingX SUSHI-USDT	+0.0100%	8h	0.2550	+0.196%	—	$2.5M	—	as long as short
HTX SUSHI-USDT	+0.0100%	8h	0.2553	+0.314%	$86K	$72K	75x	as long as short
BloFin SUSHI-USDT	+0.0119%	8h	0.2549	+0.157%	$216K	$38K	75x	as long as short
Kraken Futures PF_SUSHIUSD	+0.0360%	1h	0.2552	+0.269%	$768K	$64K	20x	as long as short