Settings8H · net · $10k
Funding arb · Price arb /

SUSHI

all SUSHI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against OKX−0.156%7-day average −0.094% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$980.977% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.015%−$2 on $10k
Price spread, last 7 days+0.110%+$11 · spread now −0.156%, 7d avg −0.094%
Together, before fees+0.094%+$9 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: Bybit is 0.062% cheaper against OKX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.094%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SUSHI-USDT-SWAP0.25650.0100pay 0.0100% / 8h52m 56s$1.7M$3.1M50x
ShortBybit SUSHIUSDT0.25610.0100get 0.0100% / 8h52m 56s$2.6M$2.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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

Funding earned
$0
Price spread: −0.156% → −0.094%
−$6.17
Slippage, 4 orders
−$76.65
Fee OKX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$103.82
Costs to cover
0.977%
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; Bybit: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 4 min ago3.91 bp15.3 bp −$1541.3 bp −$413doesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago1.96 bp31.2 bp −$31118.8 bp −$1,188doesn't fitdoesn't fit

SUSHI on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SUSHIUSD−0.0012%1h0.2564−0.028%$770K$68K20xas long as short
Injective SUSHI/USDC PERP+0.0033%1h0.2545−0.780%$16$18K5.5xas long as short
Bitget SUSHIUSDT+0.0074%8h0.2560−0.195%$1.0M$689K50xas long as short
BloFin SUSHI-USDT+0.0074%8h0.2556−0.351%$216K$66K75xas long as short
Hyperliquid SUSHI+0.0100%1h0.2562−0.097%$358K$406K3xas long as short
Aster SUSHIUSDT+0.0100%8h0.2560−0.198%$23K$17K5xas long as short
Binance SUSHIUSDT+0.0100%8h0.2561−0.156%$3.9M$8.9M75xas long as short
Bybit SUSHIUSDTshort+0.0100%8h0.2561−0.156%$2.6M$2.5M75x
OKX SUSHI-USDT-SWAPlong+0.0100%8h0.2565long leg$1.7M$3.1M50x
Gate SUSHI_USDT+0.0100%8h0.2561−0.156%$566K$295K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SUSHI_USDT+0.0100%8h0.2560−0.195%$1.3M$299K75xas long as short
KuCoin SUSHIUSDTM+0.0100%8h0.2561−0.156%$1.2M$233K50xas long as short
BingX SUSHI-USDT+0.0100%8h0.2562−0.117%$2.5Mas long as short
Variational Omni SUSHI+0.0100%8h0.2551−0.540%$41K$14Kas long as short
HTX SUSHI-USDT+0.0100%8h0.2559−0.234%$86K$53K75xas long as short