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

SUSHI

all SUSHI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against Hyperliquid+0.087%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$810.815% 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)−0.010%−$1 · spread now +0.087%, 7d avg +0.006%
Together, before fees−0.049%+ Points / potential airdropHyperliquid: Season 2 · farm board−$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: Gate is 0.081% dearer against Hyperliquid than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid SUSHI0.25380.0100pay 0.0013% / 1h34m 38s$358K$408K3x
ShortGate SUSHI_USDT0.25400.0100get 0.0100% / 8h1h 34m$572K$288K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Hyperliquid. 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: +0.087% → +0.006%
$8.07
Slippage, 4 orders
−$57.47
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$73.4
Costs to cover
0.815%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 35 min ago; Gate: live order book, 46 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 Hyperliquid live order book, 35 min ago2.38 bp12.2 bp −$12doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 46 min ago3.93 bp29.0 bp −$2995.8 bp −$958doesn'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
Injective SUSHI/USDC PERP+0.0033%1h0.2545+0.284%$16$18K5.5xas long as short
Bitget SUSHIUSDT+0.0049%8h0.2536−0.071%$993K$702K50xas long as short
Kraken Futures PF_SUSHIUSD+0.0097%1h0.2540+0.071%$763K$76K20xas long as short
Hyperliquid SUSHIlong+0.0100%1h0.2538long leg$358K$408K3x
Aster SUSHIUSDT+0.0100%8h0.2538+0.019%$23K$17K5xas long as short
Binance SUSHIUSDT+0.0100%8h0.2537−0.032%$3.9M$9.1M75xas long as short
Bybit SUSHIUSDT+0.0100%8h0.2535−0.122%$2.6M$2.5M75xas long as short
OKX SUSHI-USDT-SWAP+0.0100%8h0.2539+0.047%$1.6M$3.1M50xas long as short
Gate SUSHI_USDTshort+0.0100%8h0.2540+0.087%$572K$288K50x
MEXC SUSHI_USDT+0.0100%8h0.2538+0.008%$1.3M$352K75xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SUSHIUSDTM+0.0100%8h0.2538+0.008%$1.2M$238K50xas long as short
BingX SUSHI-USDT+0.0100%8h0.2536−0.071%$2.5Mas long as short
Variational Omni SUSHI+0.0100%8h0.2535−0.102%$41K$14Kas long as short
HTX SUSHI-USDT+0.0100%8h0.2538+0.008%$85K$59K75xas long as short
BloFin SUSHI-USDT+0.0115%8h0.2535−0.110%$212K$64K75xas long as short