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

SUSHI

All SUSHI markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
OKX SpotSUSHI-USDT
0.1787spotno funding——$141K1xBuy OKX Spot
SHORT
OKXSUSHI-USDT-SWAP
0.1783+0.0040get 0.0040% / 8h6h 02m$815K$931K50xShort OKX
Price gap−0.224%
Funding gap+0.0040% /8h

Funding pays +$1 a day on $10k, but the gap is 0.064% under its 7d average: −$6 if it goes back, about 5.4 days of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$15+0.0040% /8h now · paid +0.149% over the last 7D
Price−$6spread −0.224% now, avg −0.160% → −0.064% if it goes back
Costs−$1111.108% of $10k · taker + slippage, in and out
Result−$102−1.02%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.224%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

SUSHI on 14 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Watch: Thin at this size35.3 / 21.8 bp
    At $10k entering OKX Spot costs 35.3 bp, fee and slippage, 1.6× OKX’s.
  • Note: Spot in full, margin on the short$10,000 + $200
    The spot leg is bought with the whole $10k; OKX runs at up to 50x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on OKX.
  • OK: Only the short pays funding— / 8h
    The spot leg pays no funding; OKX settles every 8h.
    Next 24h at the current rates, on $10k a leg: +$1.19Long OKX Spot: 0 payments, $0.00; short OKX: 3 payments, +$1.19.
  • Watch: Gap narrower than usual−0.224% vs −0.160%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thin$815K OI
    OKX sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCOKX Spot Yes · OKX Yes
    Advanced verification before trading, deposits or withdrawals.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0071%/8h × 21 periods+$14.94
Price spread−0.224% → −0.160% (7d avg)−$6.39
Slippage, 4 orderslive order books−$80.78
Fee OKX Spot bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$102.23
Costs to cover1.108%Break-even54.9 days
Slippage: OKX Spot: live order book, 21 min ago; OKX: live order book, 6 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGOKX Spot11.1135.3 bp−$35doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTOKX2.7921.8 bp−$22245.2 bp−$2,452doesn’t fitdoesn’t fit

Closing costs about the same again.

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