SUSHI

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.52 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against Bitget+0.119%7-day average +0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs−$87as in the Funding arb table

Net, price: spread back to 7d avg − costs−$74as in the Price arb table

costs, in and out, $10k−$830.829% of the position

Long on Bitget Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.040%−$4 on $10k

Price spread, last 4 days (all we have)−0.145%−$15 · spread now +0.119%, 7d avg +0.026%

Together, before fees−0.185%−$19 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Gate is 0.092% dearer against Bitget than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.026%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget SUSHIUSDT	0.2531	0.0048	pay 0.0048% / 8h	1h 31m	$990K	$703K	50x
Short	Gate SUSHI_USDT	0.2534	0.0100	get 0.0100% / 8h	1h 31m	$571K	$290K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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 BitgetbpFee GatebpOrdersPrice spread, now +0.119%Rate

Funding earned: $10.92
Price spread: +0.119% → +0.026%: $9.22
Slippage, 4 orders: −$55.93
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$62.79
Costs to cover: 0.829%
Break-even: 47.3 days

Slippage from Bitget: live order book, 49 min ago; Gate: live order book, 49 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 Bitget live order book, 49 min ago	5.90 bp	16.8 bp −$17	32.5 bp −$325	doesn't fit	doesn't fit
Sell Gate live order book, 49 min ago	3.93 bp	29.0 bp −$29	95.8 bp −$958	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
Injective SUSHI/USDC PERP	+0.0033%	1h	0.2545	+0.553%	$16	$18K	5.5x	as long as short
Bitget SUSHIUSDTlong	+0.0048%	8h	0.2531	long leg	$990K	$703K	50x
BloFin SUSHI-USDT	+0.0079%	8h	0.2533	+0.079%	$214K	$64K	75x	as long as short
Kraken Futures PF_SUSHIUSD	+0.0097%	1h	0.2534	+0.125%	$761K	$75K	20x	as long as short
Hyperliquid SUSHI	+0.0100%	1h	0.2533	+0.067%	$357K	$408K	3x	as long as short
Aster SUSHIUSDT	+0.0100%	8h	0.2532	+0.039%	$23K	$17K	5x	as long as short
Binance SUSHIUSDT	+0.0100%	8h	0.2530	−0.052%	$3.8M	$9.2M	75x	as long as short
Bybit SUSHIUSDT	+0.0100%	8h	0.2528	−0.119%	$2.6M	$2.5M	75x	as long as short
OKX SUSHI-USDT-SWAP	+0.0100%	8h	0.2532	+0.040%	$1.6M	$3.1M	50x	as long as short
Gate SUSHI_USDTshort	+0.0100%	8h	0.2534	+0.119%	$571K	$290K	50x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC SUSHI_USDT	+0.0100%	8h	0.2530	−0.040%	$1.3M	$352K	75x	as long as short
KuCoin SUSHIUSDTM	+0.0100%	8h	0.2533	+0.079%	$1.2M	$238K	50x	as long as short
BingX SUSHI-USDT	+0.0100%	8h	0.2530	−0.040%	—	$2.5M	—	as long as short
Variational Omni SUSHI	+0.0100%	8h	0.2535	+0.166%	$41K	$14K	—	as long as short
HTX SUSHI-USDT	+0.0100%	8h	0.2534	+0.119%	$85K	$59K	75x	as long as short