SUSHI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0116%/8h= −12.7% APRnext payment −$1.16 per $10,000 · paid last 24h −0.006%

Price spread now: Bitget against Bybit0.000%7-day average +0.058% · you sell dearer than you buy

Net, funding: paid 7d − costs−$84as in the Funding arb table

Net, price: spread back to 7d avg − costs−$95as in the Price arb table

costs, in and out, $10k−$890.893% of the position

Long on Bybit Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.051%+$5 on $10k

Price spread, last 7 days+0.124%+$12 · spread now 0.000%, 7d avg +0.058%

Together, before fees+0.176%+$18 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.058% cheaper against Bybit than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.058%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.051%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SUSHIUSDT	0.2549	0.0100	pay 0.0100% / 8h	6h 04m	$2.6M	$2.6M	75x
Short	Bitget SUSHIUSDT	0.2549	−0.0016	pay 0.0016% / 8h	6h 04m	$1.0M	$708K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$24.36
Price spread: 0.000% → +0.058%: −$5.83
Slippage, 4 orders: −$66.32
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$119.51
Costs to cover: 0.893%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; Bitget: live order book, 1 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	1.96 bp	26.1 bp −$26	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	7.86 bp	17.5 bp −$17	30.9 bp −$309	doesn't fit	doesn't fit

SUSHI on 14 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 SUSHIUSDTshort	−0.0016%	8h	0.2549	0.000%	$1.0M	$708K	50x
Injective SUSHI/USDC PERP	+0.0033%	1h	0.2545	−0.157%	$16	$18K	5.5x	as long as short
Variational Omni SUSHI	+0.0056%	8h	0.2547	−0.096%	$41K	$14K	—	as long as short
Hyperliquid SUSHI	+0.0100%	1h	0.2552	+0.126%	$361K	$345K	3x	as long as short
Aster SUSHIUSDT	+0.0100%	8h	0.2548	−0.033%	$23K	$17K	5x	as long as short
Binance SUSHIUSDT	+0.0100%	8h	0.2551	+0.078%	$3.9M	$9.2M	75x	as long as short
Bybit SUSHIUSDTlong	+0.0100%	8h	0.2549	long leg	$2.6M	$2.6M	75x
OKX SUSHI-USDT-SWAP	+0.0100%	8h	0.2550	+0.039%	$1.6M	$3.2M	50x	as long as short
Gate SUSHI_USDT	+0.0100%	8h	0.2548	−0.039%	$561K	$268K	50x	as long as short
MEXC SUSHI_USDT	+0.0100%	8h	0.2551	+0.078%	$1.2M	$303K	75x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin SUSHIUSDTM	+0.0100%	8h	0.2548	−0.039%	$1.2M	$230K	50x	as long as short
BingX SUSHI-USDT	+0.0100%	8h	0.2547	−0.078%	—	$2.5M	—	as long as short
HTX SUSHI-USDT	+0.0100%	8h	0.2552	+0.118%	$88K	$49K	75x	as long as short
Kraken Futures PF_SUSHIUSD	+0.0132%	1h	0.2552	+0.111%	$767K	$68K	20x	as long as short