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

SUSHI

all SUSHI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against KuCoin−0.079%7-day average +0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$990.989% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.037%+$4 on $10k
Price spread, last 4 days (all we have)+0.160%+$16 · spread now −0.079%, 7d avg +0.042%
Together, before fees+0.197%+$20 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 0.121% cheaper against KuCoin than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SUSHIUSDTM0.25330.0100pay 0.0100% / 8h1h 46m$1.2M$241K50x
ShortGate SUSHI_USDT0.25310.0100get 0.0100% / 8h1h 46m$571K$288K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. 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: −0.079% → +0.042%
−$12.06
Slippage, 4 orders
−$71.9
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$110.96
Costs to cover
0.989%
Break-even
never at this rate
Slippage from KuCoin: live order book, 4 min ago; Gate: live order book, 35 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 KuCoin live order book, 4 min ago5.93 bp25.9 bp −$26131.5 bp −$1,315doesn't fitdoesn't fit
Sell Gate live order book, 35 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+0.474%$16$18K5.5xas long as short
Bitget SUSHIUSDT+0.0040%8h0.2529−0.158%$991K$712K50xas long as short
BloFin SUSHI-USDT+0.0085%8h0.2532−0.039%$211K$65K75xas long as short
Kraken Futures PF_SUSHIUSD+0.0097%1h0.2532−0.024%$761K$77K20xas long as short
Hyperliquid SUSHI+0.0100%1h0.2532−0.024%$346K$396K3xas long as short
Aster SUSHIUSDT+0.0100%8h0.2531−0.088%$23K$17K5xas long as short
Binance SUSHIUSDT+0.0100%8h0.2530−0.118%$3.8M$9.2M75xas long as short
Bybit SUSHIUSDT+0.0100%8h0.2530−0.138%$2.6M$2.6M75xas long as short
OKX SUSHI-USDT-SWAP+0.0100%8h0.2532−0.039%$1.6M$3.1M50xas long as short
Gate SUSHI_USDTshort+0.0100%8h0.2531−0.079%$571K$288K50x
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SUSHI_USDT+0.0100%8h0.2531−0.079%$1.3M$351K75xas long as short
KuCoin SUSHIUSDTMlong+0.0100%8h0.2533long leg$1.2M$241K50x
BingX SUSHI-USDT+0.0100%8h0.2532−0.039%$2.5Mas long as short
Variational Omni SUSHI+0.0100%8h0.2529−0.166%$41K$14Kas long as short
HTX SUSHI-USDT+0.0100%8h0.2531−0.079%$85K$59K75xas long as short