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

SUSHI

all SUSHI markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against MEXC+0.055%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$400.400% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.054%+$5 on $10k
Price spread, last 4 days (all we have)−0.189%−$19 · spread now +0.055%, 7d avg +0.057%
Together, before fees−0.135%+ Points / potential airdropHyperliquid: Season 2 · farm board−$13 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SUSHI_USDT0.25500.0100pay 0.0100% / 8h7h 00m$1.2M$286K75x
ShortHyperliquid SUSHI0.25510.0100get 0.0013% / 1h0m 14s$335K$338K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against MEXC. 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% → +0.057%
−$0.25
Slippage, 4 orders
−$27
Fee MEXC: 2 bp × 2 orders
−$4
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$40.25
Costs to cover
0.400%
Break-even
never at this rate
Slippage from MEXC: live order book, 1 min ago; Hyperliquid: live order book, 39 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 MEXC live order book, 1 min ago1.96 bp4.0 bp −$416.5 bp −$165150.9 bp −$15.1K227.1 bp −$113.5K
Sell Hyperliquid live order book, 39 min ago3.34 bp19.1 bp −$19doesn'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
Variational Omni SUSHI−0.0018%8h0.2546−0.175%$41K$7Kas long as short
Injective SUSHI/USDC PERP+0.0033%1h0.2545−0.196%$16$18K5.5xas long as short
Hyperliquid SUSHIshort+0.0100%1h0.2551+0.055%$335K$338K3x
Aster SUSHIUSDT+0.0100%8h0.2551+0.022%$22K$16K5xas long as short
Binance SUSHIUSDT+0.0100%8h0.2550+0.006%$3.9M$9.3M75xas long as short
Bybit SUSHIUSDT+0.0100%8h0.2549−0.039%$2.5M$3.1M75xas long as short
OKX SUSHI-USDT-SWAP+0.0100%8h0.2548−0.078%$1.5M$3.8M50xas long as short
Gate SUSHI_USDT+0.0100%8h0.25500.000%$580K$286K50xas long as short
MEXC SUSHI_USDTlong+0.0100%8h0.2550long leg$1.2M$286K75x
KuCoin SUSHIUSDTM+0.0100%8h0.2549−0.039%$1.2M$250K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SUSHIUSDT+0.0100%8h0.2549−0.039%$975K$775K50xas long as short
BingX SUSHI-USDT+0.0100%8h0.25500.000%$2.5Mas long as short
HTX SUSHI-USDT+0.0100%8h0.2553+0.118%$85K$78K75xas long as short
BloFin SUSHI-USDT+0.0116%8h0.2549−0.039%$205K$57K75xas long as short
Kraken Futures PF_SUSHIUSD+0.0316%1h0.2552+0.066%$767K$64K20xas long as short