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

SUSHI

all SUSHI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Gate−0.024%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$930.933% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.040%+$4 on $10k
Price spread, last 4 days (all we have)−0.027%−$3 · spread now −0.024%, 7d avg −0.004%
Together, before fees+0.013%+ Points / potential airdropHyperliquid: Season 2 · farm board+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SUSHI_USDT0.25190.0100pay 0.0100% / 8h1h 36m$570K$271K50x
ShortHyperliquid SUSHI0.25180.0100get 0.0013% / 1h36m 46s$334K$349K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$0
Price spread: −0.024% → −0.004%
−$1.96
Slippage, 4 orders
−$69.31
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$95.27
Costs to cover
0.933%
Break-even
never at this rate
Slippage from Gate: live order book, 4 min ago; Hyperliquid: live order book, 23 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, 4 min ago9.93 bp30.5 bp −$30429.9 bp −$4,299doesn't fitdoesn't fit
Sell Hyperliquid live order book, 23 min ago4.55 bp23.7 bp −$24doesn't fitdoesn't fitdoesn'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+0.0002%8h0.2516−0.119%$996K$742K50xas long as short
Variational Omni SUSHI+0.0023%8h0.2516−0.137%$41K$7Kas long as short
Injective SUSHI/USDC PERP+0.0033%1h0.2545+1.032%$16$18K5.5xas long as short
Kraken Futures PF_SUSHIUSD+0.0064%1h0.2521+0.095%$757K$61K20xas long as short
Hyperliquid SUSHIshort+0.0100%1h0.2518−0.024%$334K$349K3x
Aster SUSHIUSDT+0.0100%8h0.2517−0.090%$23K$15K5xas long as short
Binance SUSHIUSDT+0.0100%8h0.2514−0.218%$3.9M$9.4M75xas long as short
Bybit SUSHIUSDT+0.0100%8h0.2515−0.159%$2.6M$3.0M75xas long as short
OKX SUSHI-USDT-SWAP+0.0100%8h0.2515−0.159%$1.5M$3.7M50xas long as short
Gate SUSHI_USDTlong+0.0100%8h0.2519long leg$570K$271K50x
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SUSHI_USDT+0.0100%8h0.2517−0.079%$1.2M$277K75xas long as short
KuCoin SUSHIUSDTM+0.0100%8h0.2517−0.079%$1.2M$245K50xas long as short
BingX SUSHI-USDT+0.0100%8h0.2517−0.079%$2.5Mas long as short
HTX SUSHI-USDT+0.0100%8h0.2518−0.040%$84K$79K75xas long as short
BloFin SUSHI-USDT+0.0108%8h0.2517−0.079%$207K$53K75xas long as short