SUSHI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0029%/8h= −3.2% APRnext payment −$0.29 per $10,000 · paid last 24h −0.004%

Price spread now: Gate against BloFin0.000%78s7-day average +0.053% · you sell dearer than you buy

Net, funding: paid 7d − costs−$86as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$860.859% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 4 days (all we have)+0.020%+$2 · spread now 0.000%, 7d avg +0.053%

Together, before fees+0.017%+$2 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.053% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.053%). Swap the legs. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin SUSHI-USDT	0.2544	0.0129	pay 0.0129% / 8h	4h 17m	$213K	$38K	75x
Short	Gate SUSHI_USDT	0.2544	0.0100	get 0.0100% / 8h	4h 17m	$565K	$236K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against BloFin. 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 BloFinbpFee GatebpOrdersPrice spread, now 0.000%Rate

Funding earned: −$6.11
Price spread: 0.000% → +0.053%: −$5.33
Slippage, 4 orders: −$58.9
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$97.34
Costs to cover: 0.859%
Break-even: never at this rate

Slippage from BloFin: live order book, 4 min ago; Gate: live order book, 38 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 BloFin live order book, 4 min ago	3.93 bp	18.2 bp −$18	38.9 bp −$389	doesn't fit	doesn't fit
Sell Gate live order book, 38 min ago	9.79 bp	26.2 bp −$26	97.0 bp −$970	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 SUSHIUSDT	−0.0101%	8h	0.2545	+0.039%	$1.0M	$727K	50x	as long as short
Variational Omni SUSHI	+0.0020%	8h	0.2542	−0.097%	$41K	$13K	—	as long as short
Injective SUSHI/USDC PERP	+0.0033%	1h	0.2545	+0.039%	$16	$18K	5.5x	as long as short
Hyperliquid SUSHI	+0.0100%	1h	0.2545	+0.055%	$356K	$338K	3x	as long as short
Aster SUSHIUSDT	+0.0100%	8h	0.2547	+0.105%	$23K	$17K	5x	as long as short
Binance SUSHIUSDT	+0.0100%	8h	0.2545	+0.039%	$3.9M	$9.2M	75x	as long as short
Bybit SUSHIUSDT	+0.0100%	8h	0.2543	−0.039%	$2.5M	$2.6M	75x	as long as short
OKX SUSHI-USDT-SWAP	+0.0100%	8h	0.2546	+0.079%	$1.6M	$3.3M	50x	as long as short
Gate SUSHI_USDTshort	+0.0100%	8h	0.2544	0.000%	$565K	$236K	50x
MEXC SUSHI_USDT	+0.0100%	8h	0.2546	+0.079%	$1.2M	$268K	75x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin SUSHIUSDTM	+0.0100%	8h	0.2546	+0.079%	$1.2M	$234K	50x	as long as short
BingX SUSHI-USDT	+0.0100%	8h	0.2546	+0.079%	—	$2.5M	—	as long as short
HTX SUSHI-USDT	+0.0100%	8h	0.2545	+0.039%	$85K	$74K	75x	as long as short
BloFin SUSHI-USDTlong	+0.0129%	8h	0.2544	long leg	$213K	$38K	75x
Kraken Futures PF_SUSHIUSD	+0.0361%	1h	0.2547	+0.129%	$767K	$61K	20x	as long as short