SUSHI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0160%/8h= −17.5% APRnext payment −$1.60 per $10,000 · paid last 24h −0.006%

Price spread now: Bitget against Binance+0.091%7-day average +0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$640.637% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.048%+$5 on $10k

Price spread, last 7 days−0.052%−$5 · spread now +0.091%, 7d avg +0.021%

Together, before fees−0.004%$0 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.070% dearer against Binance than usual: you sell high and buy low (spread +0.091% now, against its 7-day average of +0.021%): +$7 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 35 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SUSHIUSDT	0.2489	0.0100	pay 0.0100% / 8h	2h 33m	$3.8M	$9.3M	75x
Short	Bitget SUSHIUSDT	0.2491	−0.0060	pay 0.0060% / 8h	2h 33m	$977K	$730K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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 BinancebpFee BitgetbpOrdersPrice spread, now +0.091%Rate

Funding earned: −$33.6
Price spread: +0.091% → +0.021%: $6.98
Slippage, 4 orders: −$41.68
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$90.31
Costs to cover: 0.637%
Break-even: never at this rate

Slippage from Binance: live order book, 6 min ago; Bitget: live order book, 12 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 Binance live order book, 6 min ago	2.01 bp	12.5 bp −$12	33.1 bp −$331	doesn't fit	doesn't fit
Sell Bitget live order book, 12 min ago	5.98 bp	17.1 bp −$17	36.0 bp −$360	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
Bitget SUSHIUSDTshort	−0.0060%	8h	0.2491	+0.091%	$977K	$730K	50x
Variational Omni SUSHI	+0.0002%	8h	0.2494	+0.196%	$40K	$7K	—	as long as short
Injective SUSHI/USDC PERP	+0.0033%	1h	0.2545	+2.261%	$16	$18K	5.5x	as long as short
BloFin SUSHI-USDT	+0.0082%	8h	0.2503	+0.573%	$212K	$53K	75x	as long as short
Hyperliquid SUSHI	+0.0100%	1h	0.2492	+0.135%	$334K	$349K	3x	as long as short
Aster SUSHIUSDT	+0.0100%	8h	0.2492	+0.143%	$22K	$15K	5x	as long as short
Binance SUSHIUSDTlong	+0.0100%	8h	0.2489	long leg	$3.8M	$9.3M	75x
Bybit SUSHIUSDT	+0.0100%	8h	0.2490	+0.043%	$2.5M	$2.7M	75x	as long as short
OKX SUSHI-USDT-SWAP	+0.0100%	8h	0.2492	+0.131%	$1.5M	$3.5M	50x	as long as short
Gate SUSHI_USDT	+0.0100%	8h	0.2496	+0.292%	$561K	$270K	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC SUSHI_USDT	+0.0100%	8h	0.2491	+0.091%	$1.2M	$277K	75x	as long as short
KuCoin SUSHIUSDTM	+0.0100%	8h	0.2493	+0.172%	$1.1M	$241K	50x	as long as short
BingX SUSHI-USDT	+0.0100%	8h	0.2498	+0.373%	—	$2.5M	—	as long as short
HTX SUSHI-USDT	+0.0100%	8h	0.2494	+0.212%	$83K	$77K	75x	as long as short
Kraken Futures PF_SUSHIUSD	+0.0367%	1h	0.2492	+0.131%	$749K	$64K	20x	as long as short