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

SUSHI

all SUSHI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against KuCoin+0.055%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$800.804% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.073%+$7 on $10k
Price spread, last 4 days (all we have)−0.027%−$3 · spread now +0.055%, 7d avg +0.037%
Together, before fees+0.047%+ Points / potential airdropHyperliquid: Season 2 · farm board+$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SUSHIUSDTM0.25500.0100pay 0.0100% / 8h5h 07m$1.2M$229K50x
ShortHyperliquid SUSHI0.25510.0100get 0.0013% / 1h7m 43s$357K$340K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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: +0.055% → +0.037%
$1.8
Slippage, 4 orders
−$59.36
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$78.57
Costs to cover
0.804%
Break-even
never at this rate
Slippage from KuCoin: live order book, 7 min ago; Hyperliquid: live order book, 22 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, 7 min ago7.80 bp23.6 bp −$24163.2 bp −$1,632doesn't fitdoesn't fit
Sell Hyperliquid live order book, 22 min ago3.34 bp20.0 bp −$20doesn'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−0.0063%8h0.2548−0.078%$1.0M$704K50xas long as short
Injective SUSHI/USDC PERP+0.0033%1h0.2545−0.196%$16$18K5.5xas long as short
Variational Omni SUSHI+0.0057%8h0.2558+0.314%$41K$13Kas long as short
BloFin SUSHI-USDT+0.0078%8h0.2562+0.471%$217K$39K75xas long as short
Hyperliquid SUSHIshort+0.0100%1h0.2551+0.055%$357K$340K3x
Aster SUSHIUSDT+0.0100%8h0.2553+0.100%$23K$17K5xas long as short
Binance SUSHIUSDT+0.0100%8h0.2550−0.014%$4.0M$9.0M75xas long as short
Bybit SUSHIUSDT+0.0100%8h0.2547−0.118%$2.6M$2.5M75xas long as short
OKX SUSHI-USDT-SWAP+0.0100%8h0.25500.000%$1.6M$3.2M50xas long as short
Gate SUSHI_USDT+0.0100%8h0.2552+0.078%$563K$254K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SUSHI_USDT+0.0100%8h0.2549−0.039%$1.2M$272K75xas long as short
KuCoin SUSHIUSDTMlong+0.0100%8h0.2550long leg$1.2M$229K50x
BingX SUSHI-USDT+0.0100%8h0.2548−0.078%$2.5Mas long as short
HTX SUSHI-USDT+0.0100%8h0.2556+0.235%$87K$51K75xas long as short
Kraken Futures PF_SUSHIUSD+0.0224%1h0.2555+0.208%$769K$64K20xas long as short