SONIC

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	MEXCSONIC_USDT	0.02096	+0.0274	pay 0.0137% / 4h	3h 58m	$803K	$126K	50x	Long MEXC
SHORT	BybitSONICUSDT	0.02086	+0.0100	get 0.0050% / 4h	3h 58m	$1.1M	$245K	25x	Short Bybit

Price gap−0.477%

Funding gap−0.0174% /8h

Both sides work against this direction now: funding costs $5 a day on $10k and the gap is 0.392% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$66−0.0174% /8h now · paid −0.655% over the last 7D

Price−$39spread −0.477% now, avg −0.085% → −0.392% if it goes back

Costs−$1401.401% of $10k · taker + slippage, in and out

Result−$245−2.45%no points

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.477%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

SONIC on 8 exchanges

lowest funding first

Before you open

1 ok · 4 to watch

Watch: Thin at this size22.4 / 46.6 bp
At $10k entering Bybit costs 46.6 bp, fee and slippage, 2.1× MEXC’s.
Note: Margin at max leverage$200 + $400
MEXC 50x, Bybit 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval4h / 4h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$5.22Long MEXC: 6 payments, −$8.22; short Bybit: 6 payments, +$3.00.
Watch: Gap narrower than usual−0.477% vs −0.085%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$803K vs $1.1M OI
MEXC sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCMEXC Yes · Bybit Yes
KYC before trading since Feb 2026; unverified accounts see market data only.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0312%/8h × 21 periods−$65.51

Price spread−0.477% → −0.085% (7d avg)−$39.17

Slippage, 4 orderslive order books−$125.11

Fee MEXC bp × 2 orders−$4.00

Fee Bybit bp × 2 orders−$11.00

Net · 7 days · $10k−$244.79

Costs to cover1.401%Break-evennever at this rate

Slippage: MEXC: live order book, 43 min ago; Bybit: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGMEXC4.7922.4 bp−$22122.1 bp−$1,221328.7 bp−$32.9K623.7 bp−$311.8K

SELL · SHORTBybit4.7746.6 bp−$47doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

SONIC news

posts that mention SONIC, from every exchange

10-29 03:51

KuCoin

Listing

📢 New Listing: @SonicSVM (SONIC) Listed on #KuCoin! Sonic is the first SVM network extension to launch on Solana, for games and applications. 📅 Trading Starts: 09:00 on October 29, 2026 (UTC) 💰 Deposits: Open Now (Network: SOL-SPL) 🔁 Trading Pair: SONIC/USDT Details: #KuListing #SONIC @kucoincom on X ↗