Funding you earn now, next payment 00:00 UTC−0.0056%/8h= −6.1% APRnext payment −$0.56 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against OKX−0.118%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$670.669% of the position
Funding, last 7 days+0.042%+$4 on $10k
+Price spread, last 7 days+0.087%+$9 · spread now −0.118%, 7d avg −0.039%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.079% cheaper against OKX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.039%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SUSHI-USDT-SWAP | 0.2543 | 0.0100 | pay 0.0100% / 8h | 1h 42m | $1.7M | $3.1M | 50x |
| Short | Bitget SUSHIUSDT | 0.2540 | 0.0044 | get 0.0044% / 8h | 1h 42m | $995K | $711K | 50x |
OKX SUSHI-USDT-SWAP
Bitget SUSHIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against OKX. 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
- −$11.76
- Price spread: −0.118% → −0.039%
- −$7.86
- Slippage, 4 orders
- −$44.88
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$86.5
- Costs to cover
- 0.669%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; Bitget: live order book, 38 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 OKX live order book, 4 min ago | 1.98 bp | 16.6 bp −$17 | 44.1 bp −$441 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 38 min ago | 5.90 bp | 16.9 bp −$17 | 31.1 bp −$311 | 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 | +0.079% | $16 | $18K | 5.5x | as long as short |
| Bitget SUSHIUSDTshort | +0.0044% | 8h | 0.2540 | −0.118% | $995K | $711K | 50x | |
| Kraken Futures PF_SUSHIUSD | +0.0097% | 1h | 0.2540 | −0.121% | $763K | $76K | 20x | as long as short |
| Hyperliquid SUSHI | +0.0100% | 1h | 0.2540 | −0.118% | $347K | $396K | 3x | as long as short |
| Aster SUSHIUSDT | +0.0100% | 8h | 0.2540 | −0.105% | $23K | $17K | 5x | as long as short |
| Binance SUSHIUSDT | +0.0100% | 8h | 0.2541 | −0.079% | $3.9M | $9.2M | 75x | as long as short |
| Bybit SUSHIUSDT | +0.0100% | 8h | 0.2539 | −0.157% | $2.6M | $2.6M | 75x | as long as short |
| OKX SUSHI-USDT-SWAPlong | +0.0100% | 8h | 0.2543 | long leg | $1.7M | $3.1M | 50x | |
| Gate SUSHI_USDT | +0.0100% | 8h | 0.2541 | −0.079% | $573K | $288K | 50x | as long as short |
| MEXC SUSHI_USDT | +0.0100% | 8h | 0.2539 | −0.157% | $1.3M | $351K | 75x | as long as short |
Injective SUSHI/USDC PERP
Kraken Futures PF_SUSHIUSD
Hyperliquid SUSHI
Aster SUSHIUSDT
Binance SUSHIUSDT
Bybit SUSHIUSDT
Gate SUSHI_USDT
MEXC SUSHI_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SUSHIUSDTM | +0.0100% | 8h | 0.2540 | −0.118% | $1.2M | $237K | 50x | as long as short |
| BingX SUSHI-USDT | +0.0100% | 8h | 0.2537 | −0.236% | — | $2.5M | — | as long as short |
| Variational Omni SUSHI | +0.0100% | 8h | 0.2528 | −0.599% | $41K | $14K | — | as long as short |
| HTX SUSHI-USDT | +0.0100% | 8h | 0.2538 | −0.197% | $85K | $59K | 75x | as long as short |
| BloFin SUSHI-USDT | +0.0109% | 8h | 0.2539 | −0.157% | $213K | $64K | 75x | as long as short |
KuCoin SUSHIUSDTM
BingX SUSHI-USDT
Variational Omni SUSHI
HTX SUSHI-USDT
BloFin SUSHI-USDT