Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.054%
Price spread now: Gate against BingX−0.155%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$282as in the Price arb table
costs, in and out, $10k−$2692.691% of the position
Funding, last 7 days+1.272%+$127 on $10k
+Price spread, last 4 days (all we have)+0.093%+$9 · spread now −0.155%, 7d avg −0.026%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.129% cheaper against BingX than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SOPH-USDT | 0.004521 | 0.0100 | pay 0.0050% / 4h | 1h 55m | — | $6.6M | — |
| Short | Gate SOPH_USDT | 0.004514 | 0.0100 | get 0.0050% / 4h | 1h 55m | $747K | $196K | 25x |
BingX SOPH-USDT
Gate SOPH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.155% → −0.026%
- −$12.85
- Slippage, 4 orders
- −$244.12
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$281.97
- Costs to cover
- 2.691%
- Break-even
- never at this rate
Slippage from BingX: live order book, 12 min ago; Gate: live order book, 26 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, 12 min ago | 5.55 bp | 14.1 bp −$14 | 22.0 bp −$220 | 778.7 bp −$77.9K | doesn't fit |
| Sell Gate live order book, 26 min ago | 5.53 bp | 121.1 bp −$121 | 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 | 0.004517 | −0.088% | $538K | $159K | 3x | as long as short |
| Binance SOPHUSDT | +0.0100% | 4h | 0.004518 | −0.057% | $5.4M | $5.7M | 25x | as long as short |
| Bybit SOPHUSDT | +0.0100% | 4h | 0.004518 | −0.066% | $1.8M | $1.1M | 25x | as long as short |
| OKX SOPH-USDT-SWAP | +0.0100% | 4h | 0.004514 | −0.155% | $1.0M | $1.6M | 10x | as long as short |
| Gate SOPH_USDTshort | +0.0100% | 4h | 0.004514 | −0.155% | $747K | $196K | 25x | |
| MEXC SOPH_USDT | +0.0100% | 4h | 0.004516 | −0.111% | $1.0M | $173K | 20x | as long as short |
| KuCoin SOPHUSDTM | +0.0100% | 4h | 0.004514 | −0.155% | $962K | $42K | 30x | as long as short |
| Bitget SOPHUSDT | +0.0100% | 4h | 0.004518 | −0.066% | $665K | $227K | 25x | as long as short |
| BingX SOPH-USDTlong | +0.0100% | 4h | 0.004521 | long leg | — | $6.6M | — |
Hyperliquid SOPH
Binance SOPHUSDT
Bybit SOPHUSDT
OKX SOPH-USDT-SWAP
MEXC SOPH_USDT
KuCoin SOPHUSDTM
Bitget SOPHUSDT