Settings8H · net · $10k
Funding arb · Price arb /

SUSHI

all SUSHI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bybit0.000%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$720.716% of the position
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+0.046%+$5 · spread now 0.000%, 7d avg +0.031%
Together, before fees+0.050%+$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.031% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SUSHIUSDT0.25480.0100pay 0.0100% / 8h7h 50m$2.6M$2.4M75x
ShortMEXC SUSHI_USDT0.25480.0100get 0.0100% / 8h7h 50m$1.3M$294K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: 0.000% → +0.031%
−$3.12
Slippage, 4 orders
−$56.63
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$74.75
Costs to cover
0.716%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; MEXC: live order book, 6 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 ago1.96 bp28.2 bp −$281066.5 bp −$10.7Kdoesn't fitdoesn't fit
Sell MEXC live order book, 6 min ago1.95 bp4.0 bp −$416.1 bp −$161140.9 bp −$14.1K230.8 bp −$115.4K

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
Bitget SUSHIUSDT+0.0028%8h0.2549+0.039%$1.0M$684K50xas long as short
Injective SUSHI/USDC PERP+0.0033%1h0.2545−0.118%$16$18K5.5xas long as short
Variational Omni SUSHI+0.0062%8h0.2549+0.024%$41K$14Kas long as short
BloFin SUSHI-USDT+0.0075%8h0.2549+0.039%$217K$62K75xas long as short
Kraken Futures PF_SUSHIUSD+0.0089%1h0.2553+0.197%$767K$67K20xas long as short
Hyperliquid SUSHI+0.0100%1h0.2550+0.094%$355K$402K3xas long as short
Aster SUSHIUSDT+0.0100%8h0.2550+0.083%$23K$17K5xas long as short
Binance SUSHIUSDT+0.0100%8h0.2549+0.039%$3.9M$8.9M75xas long as short
Bybit SUSHIUSDTlong+0.0100%8h0.2548long leg$2.6M$2.4M75x
OKX SUSHI-USDT-SWAP+0.0100%8h0.2551+0.118%$1.6M$3.1M50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SUSHI_USDT+0.0100%8h0.2550+0.078%$563K$290K50xas long as short
MEXC SUSHI_USDTshort+0.0100%8h0.25480.000%$1.3M$294K75x
KuCoin SUSHIUSDTM+0.0100%8h0.2550+0.078%$1.2M$230K50xas long as short
BingX SUSHI-USDT+0.0100%8h0.2550+0.078%$2.5Mas long as short
HTX SUSHI-USDT+0.0100%8h0.2550+0.078%$89K$58K75xas long as short