SUSHI

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0061%/8h= +6.7% APRnext payment +$0.61 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against Bybit+0.080%7-day average +0.036% · you sell dearer than you buy

Net, funding: paid 7d − costs−$80as in the Funding arb table

Net, price: spread back to 7d avg − costs−$76as in the Price arb table

costs, in and out, $10k−$800.803% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.003%$0 on $10k

Price spread, last 7 days−0.032%−$3 · spread now +0.080%, 7d avg +0.036%

Together, before fees−0.029%−$3 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 Binance is 0.044% dearer against Bybit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.036%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SUSHIUSDT	0.2512	0.0039	pay 0.0039% / 8h	5h 52m	$2.5M	$3.0M	75x
Short	Binance SUSHIUSDT	0.2514	0.0100	get 0.0100% / 8h	5h 52m	$3.9M	$8.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.080%Rate

Funding earned: $12.79
Price spread: +0.080% → +0.036%: $4.35
Slippage, 4 orders: −$59.27
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$63.13
Costs to cover: 0.803%
Break-even: 41.5 days

Slippage from Bybit: live order book, 3 min ago; Binance: live order book, 10 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, 3 min ago	3.97 bp	20.5 bp −$20	111.8 bp −$1,118	doesn't fit	doesn't fit
Sell Binance live order book, 10 min ago	3.97 bp	16.6 bp −$17	41.0 bp −$410	402.6 bp −$40.3K	doesn't fit

SUSHI on 15 exchanges

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
Variational Omni SUSHI	−0.0065%	8h	0.2519	+0.273%	$41K	$6K	—	as long as short
Injective SUSHI/USDC PERP	+0.0033%	1h	0.2545	+1.314%	$16	$18K	5.5x	as long as short
Bybit SUSHIUSDTlong	+0.0039%	8h	0.2512	long leg	$2.5M	$3.0M	75x
Hyperliquid SUSHI	+0.0100%	1h	0.2517	+0.183%	$331K	$313K	3x	as long as short
Aster SUSHIUSDT	+0.0100%	8h	0.2517	+0.183%	$22K	$14K	5x	as long as short
Binance SUSHIUSDTshort	+0.0100%	8h	0.2514	+0.080%	$3.9M	$8.9M	75x
OKX SUSHI-USDT-SWAP	+0.0100%	8h	0.2514	+0.080%	$1.5M	$3.6M	50x	as long as short
Gate SUSHI_USDT	+0.0100%	8h	0.2520	+0.318%	$570K	$265K	50x	as long as short
MEXC SUSHI_USDT	+0.0100%	8h	0.2514	+0.080%	$1.2M	$248K	75x	as long as short
KuCoin SUSHIUSDTM	+0.0100%	8h	0.2516	+0.159%	$1.1M	$239K	50x	as long as short

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SUSHIUSDT	+0.0100%	8h	0.2516	+0.159%	$974K	$678K	50x	as long as short
BingX SUSHI-USDT	+0.0100%	8h	0.2516	+0.159%	—	$2.5M	—	as long as short
HTX SUSHI-USDT	+0.0100%	8h	0.2518	+0.239%	$83K	$79K	75x	as long as short
BloFin SUSHI-USDT	+0.0104%	8h	0.2519	+0.279%	$205K	$64K	75x	as long as short
Kraken Futures PF_SUSHIUSD	+0.0154%	1h	0.2516	+0.176%	$757K	$66K	20x	as long as short