Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.025%
Price spread now: Bitget against Binance−0.021%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1081.078% of the position
Funding, last 7 days+0.367%+$37 on $10k
+Price spread, last 4 days (all we have)+0.430%+$43 · spread now −0.021%, 7d avg −0.027%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SOPHUSDT | 0.004478 | 0.0100 | pay 0.0050% / 4h | 1h 43m | $5.4M | $5.5M | 25x |
| Short | Bitget SOPHUSDT | 0.004477 | 0.0100 | get 0.0050% / 4h | 1h 43m | $645K | $228K | 25x |
Binance SOPHUSDT
Bitget SOPHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.021% → −0.027%
- $0.65
- Slippage, 4 orders
- −$85.82
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$107.17
- Costs to cover
- 1.078%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; Bitget: live order book, 17 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 10 min ago | 1.11 bp | 15.6 bp −$16 | 74.6 bp −$746 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 17 min ago | 3.35 bp | 37.1 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
SOPH on 9 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid SOPH | +0.0100% | 1h | 0.004478 | +0.002% | $524K | $166K | 3x | as long as short |
| Binance SOPHUSDTlong | +0.0100% | 4h | 0.004478 | long leg | $5.4M | $5.5M | 25x | |
| Bybit SOPHUSDT | +0.0100% | 4h | 0.004476 | −0.043% | $1.8M | $1.0M | 25x | as long as short |
| OKX SOPH-USDT-SWAP | +0.0100% | 4h | 0.004478 | +0.002% | $990K | $1.5M | 10x | as long as short |
| Gate SOPH_USDT | +0.0100% | 4h | 0.004477 | −0.021% | $729K | $163K | 25x | as long as short |
| MEXC SOPH_USDT | +0.0100% | 4h | 0.004475 | −0.065% | $1.0M | $175K | 20x | as long as short |
| KuCoin SOPHUSDTM | +0.0100% | 4h | 0.004470 | −0.177% | $950K | $42K | 30x | as long as short |
| Bitget SOPHUSDTshort | +0.0100% | 4h | 0.004477 | −0.021% | $645K | $228K | 25x | |
| BingX SOPH-USDT | +0.0100% | 4h | 0.004475 | −0.065% | — | $6.5M | — | as long as short |
Hyperliquid SOPH
Bybit SOPHUSDT
OKX SOPH-USDT-SWAP
Gate SOPH_USDT
MEXC SOPH_USDT
KuCoin SOPHUSDTM
BingX SOPH-USDT