SUSHI

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0009%/8h= −0.9% APRnext payment −$0.09 per $10,000 · paid last 24h +0.005%

Price spread now: BloFin against Bybit−0.078%7-day average +0.032% · you buy dearer than you sell

Net, funding: paid 7d − costs−$96as in the Funding arb table

Net, price: spread back to 7d avg − costs−$109as in the Price arb table

costs, in and out, $10k−$980.978% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.017%+$2 on $10k

Price spread, last 3 days (all we have)+0.062%+$6 · spread now −0.078%, 7d avg +0.032%

Together, before fees+0.079%+$8 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: BloFin is 0.111% cheaper against Bybit than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.032%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SUSHIUSDT	0.2551	0.0100	pay 0.0100% / 8h	3h 30m	$2.6M	$2.8M	75x
Short	BloFin SUSHI-USDT	0.2549	0.0091	get 0.0091% / 8h	3h 30m	$210K	$64K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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 BybitbpFee BloFinbpOrdersPrice spread, now −0.078%Rate

Funding earned: −$1.8
Price spread: −0.078% → +0.032%: −$11.08
Slippage, 4 orders: −$74.84
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$110.72
Costs to cover: 0.978%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; BloFin: 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 Bybit live order book, 2 min ago	3.92 bp	32.6 bp −$33	349.0 bp −$3,490	doesn't fit	doesn't fit
Sell BloFin live order book, 12 min ago	1.98 bp	15.6 bp −$16	26.3 bp −$263	113.3 bp −$11.3K	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	−0.235%	$16	$18K	5.5x	as long as short
BloFin SUSHI-USDTshort	+0.0091%	8h	0.2549	−0.078%	$210K	$64K	75x
Hyperliquid SUSHI	+0.0100%	1h	0.2553	+0.086%	$351K	$416K	3x	as long as short
Aster SUSHIUSDT	+0.0100%	8h	0.2551	+0.008%	$23K	$19K	5x	as long as short
Binance SUSHIUSDT	+0.0100%	8h	0.2551	0.000%	$3.9M	$9.7M	75x	as long as short
Bybit SUSHIUSDTlong	+0.0100%	8h	0.2551	long leg	$2.6M	$2.8M	75x
OKX SUSHI-USDT-SWAP	+0.0100%	8h	0.2553	+0.078%	$1.7M	$3.3M	50x	as long as short
Gate SUSHI_USDT	+0.0100%	8h	0.2552	+0.039%	$582K	$344K	50x	as long as short
MEXC SUSHI_USDT	+0.0100%	8h	0.2550	−0.039%	$1.3M	$361K	75x	as long as short
KuCoin SUSHIUSDTM	+0.0100%	8h	0.2550	−0.039%	$1.2M	$248K	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SUSHIUSDT	+0.0100%	8h	0.2550	−0.039%	$1.0M	$781K	50x	as long as short
BingX SUSHI-USDT	+0.0100%	8h	0.2553	+0.078%	—	$2.5M	—	as long as short
Variational Omni SUSHI	+0.0100%	8h	0.2545	−0.253%	$41K	$16K	—	as long as short
HTX SUSHI-USDT	+0.0100%	8h	0.2555	+0.157%	$86K	$65K	75x	as long as short
Kraken Futures PF_SUSHIUSD	+0.0312%	1h	0.2554	+0.099%	$767K	$84K	20x	as long as short