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: Gate against Bybit+0.076%7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1151.149% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.017%+$2 on $10k
Price spread, last 4 days (all we have)+0.046%+$5 · spread now +0.076%, 7d avg +0.085%
Together, before fees+0.063%+$6 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SUSHIUSDT0.25150.0100pay 0.0100% / 8h2h 00m$2.6M$2.6M75x
ShortGate SUSHI_USDT0.25170.0100get 0.0100% / 8h2h 00m$568K$327K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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

Funding earned
$0
Price spread: +0.076% → +0.085%
−$0.99
Slippage, 4 orders
−$88.93
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$115.91
Costs to cover
1.149%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 21 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 Bybit live order book, 2 min ago3.98 bp33.1 bp −$33455.8 bp −$4,558doesn't fitdoesn't fit
Sell Gate live order book, 21 min ago3.93 bp29.0 bp −$2995.8 bp −$958doesn'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
Injective SUSHI/USDC PERP+0.0033%1h0.2545+1.189%$16$18K5.5xas long as short
Bitget SUSHIUSDT+0.0047%8h0.2516+0.036%$986K$734K50xas long as short
Hyperliquid SUSHI+0.0100%1h0.2517+0.072%$344K$407K3xas long as short
Aster SUSHIUSDT+0.0100%8h0.2519+0.155%$23K$17K5xas long as short
Binance SUSHIUSDT+0.0100%8h0.2515−0.004%$3.8M$9.4M75xas long as short
Bybit SUSHIUSDTlong+0.0100%8h0.2515long leg$2.6M$2.6M75x
OKX SUSHI-USDT-SWAP+0.0100%8h0.2517+0.076%$1.6M$3.2M50xas long as short
Gate SUSHI_USDTshort+0.0100%8h0.2517+0.076%$568K$327K50x
MEXC SUSHI_USDT+0.0100%8h0.2515−0.004%$1.3M$379K75xas long as short
KuCoin SUSHIUSDTM+0.0100%8h0.2516+0.036%$1.1M$243K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SUSHI-USDT+0.0100%8h0.2517+0.076%$2.5Mas long as short
Variational Omni SUSHI+0.0100%8h0.2515+0.011%$41K$14Kas long as short
HTX SUSHI-USDT+0.0100%8h0.2517+0.076%$85K$60K75xas long as short
BloFin SUSHI-USDT+0.0116%8h0.2513−0.083%$209K$64K75xas long as short
Kraken Futures PF_SUSHIUSD+0.0325%1h0.2518+0.134%$757K$81K20xas long as short