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

SUSHI

all SUSHI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.22 per $10,000 · paid last 24h +0.004%
Price spread now: BloFin against Gate+0.079%7-day average −0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$760.764% of the position
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)−0.119%−$12 · spread now +0.079%, 7d avg −0.054%
Together, before fees−0.116%−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.133% dearer against Gate than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.054%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SUSHI_USDT0.25290.0100pay 0.0100% / 8h3h 22m$567K$231K50x
ShortBloFin SUSHI-USDT0.25310.0122get 0.0122% / 8h3h 22m$209K$38K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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
$4.56
Price spread: +0.079% → −0.054%
$13.32
Slippage, 4 orders
−$49.4
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$58.52
Costs to cover
0.764%
Break-even
96.8 days
Slippage from Gate: live order book, 29 min ago; BloFin: live order book, 59 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 Gate live order book, 29 min ago3.92 bp24.5 bp −$24956.4 bp −$9,564doesn't fitdoesn't fit
Sell BloFin live order book, 59 min ago3.93 bp14.9 bp −$1530.2 bp −$302131.7 bp −$13.2Kdoesn't fit

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−0.0069%8h0.2526−0.119%$1.0M$711K50xas long as short
Variational Omni SUSHI−0.0002%8h0.2535+0.219%$41K$7Kas long as short
Injective SUSHI/USDC PERP+0.0033%1h0.2545+0.633%$16$18K5.5xas long as short
Hyperliquid SUSHI+0.0100%1h0.2528−0.055%$353K$333K3xas long as short
Aster SUSHIUSDT+0.0100%8h0.2527−0.065%$23K$17K5xas long as short
Binance SUSHIUSDT+0.0100%8h0.2524−0.198%$3.9M$9.1M75xas long as short
Bybit SUSHIUSDT+0.0100%8h0.2523−0.237%$2.5M$2.6M75xas long as short
OKX SUSHI-USDT-SWAP+0.0100%8h0.2526−0.119%$1.6M$3.3M50xas long as short
Gate SUSHI_USDTlong+0.0100%8h0.2529long leg$567K$231K50x
MEXC SUSHI_USDT+0.0100%8h0.2525−0.158%$1.2M$267K75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SUSHIUSDTM+0.0100%8h0.2526−0.119%$1.2M$233K50xas long as short
BingX SUSHI-USDT+0.0100%8h0.2526−0.119%$2.5Mas long as short
HTX SUSHI-USDT+0.0100%8h0.2533+0.158%$84K$74K75xas long as short
BloFin SUSHI-USDTshort+0.0122%8h0.2531+0.079%$209K$38K75x
Kraken Futures PF_SUSHIUSD+0.0315%1h0.2530+0.055%$761K$62K20xas long as short