Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.016%
Price spread now: Bitget against BingX−0.022%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$910.910% of the position
Funding, last 7 days+0.271%+$27 on $10k
+Price spread, last 4 days (all we have)−0.003%$0 · spread now −0.022%, 7d avg −0.032%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SOPH-USDT | 0.004509 | 0.0100 | pay 0.0050% / 4h | 58m 53s | — | $6.6M | — |
| Short | Bitget SOPHUSDT | 0.004508 | 0.0100 | get 0.0050% / 4h | 58m 53s | $661K | $233K | 25x |
BingX SOPH-USDT
Bitget SOPHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BingX. 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: −0.022% → −0.032%
- $1
- Slippage, 4 orders
- −$68.98
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$89.98
- Costs to cover
- 0.910%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; Bitget: live order book, 16 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 BingX live order book, 3 min ago | 3.33 bp | 12.0 bp −$12 | 22.0 bp −$220 | 871.8 bp −$87.2K | doesn't fit |
| Sell Bitget live order book, 16 min ago | 2.22 bp | 36.6 bp −$37 | 312.3 bp −$3,123 | 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 | 0.004508 | −0.022% | $535K | $160K | 3x | as long as short |
| Binance SOPHUSDT | +0.0100% | 4h | 0.004509 | 0.000% | $5.4M | $5.7M | 25x | as long as short |
| Bybit SOPHUSDT | +0.0100% | 4h | 0.004512 | +0.067% | $1.8M | $1.1M | 25x | as long as short |
| OKX SOPH-USDT-SWAP | +0.0100% | 4h | 0.004508 | −0.022% | $1.0M | $1.6M | 10x | as long as short |
| Gate SOPH_USDT | +0.0100% | 4h | 0.004508 | −0.022% | $745K | $188K | 25x | as long as short |
| MEXC SOPH_USDT | +0.0100% | 4h | 0.004509 | 0.000% | $1.0M | $172K | 20x | as long as short |
| KuCoin SOPHUSDTM | +0.0100% | 4h | 0.004508 | −0.022% | $961K | $42K | 30x | as long as short |
| Bitget SOPHUSDTshort | +0.0100% | 4h | 0.004508 | −0.022% | $661K | $233K | 25x | |
| BingX SOPH-USDTlong | +0.0100% | 4h | 0.004509 | long leg | — | $6.6M | — |
Hyperliquid SOPH
Binance SOPHUSDT
Bybit SOPHUSDT
OKX SOPH-USDT-SWAP
Gate SOPH_USDT
MEXC SOPH_USDT
KuCoin SOPHUSDTM