Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.012%
Price spread now: KuCoin against BingX−0.135%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$506as in the Funding arb table
Net, price: spread back to 7d avg − costs−$559as in the Price arb table
costs, in and out, $10k−$5495.491% of the position
Funding, last 7 days+0.427%+$43 on $10k
+Price spread, last 4 days (all we have)+0.048%+$5 · spread now −0.135%, 7d avg −0.040%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.095% cheaper against BingX than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SOPH-USDT | 0.004453 | 0.0100 | pay 0.0050% / 4h | 2h 35m | — | $6.6M | — |
| Short | KuCoin SOPHUSDTM | 0.004447 | 0.0100 | get 0.0050% / 4h | 2h 35m | $945K | $38K | 30x |
BingX SOPH-USDT
KuCoin SOPHUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.135% → −0.040%
- −$9.5
- Slippage, 4 orders
- −$527.13
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$558.63
- Costs to cover
- 5.491%
- Break-even
- never at this rate
Slippage from BingX: live order book, 1 min ago; KuCoin: live order book, 4 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, 1 min ago | 3.37 bp | 10.9 bp −$11 | 21.6 bp −$216 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 9.00 bp | 214.0 bp −$214 | 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 | 0.004461 | +0.180% | $517K | $158K | 3x | as long as short |
| Binance SOPHUSDT | +0.0100% | 4h | 0.004460 | +0.161% | $5.3M | $5.0M | 25x | as long as short |
| Bybit SOPHUSDT | +0.0100% | 4h | 0.004459 | +0.135% | $1.8M | $1.0M | 25x | as long as short |
| OKX SOPH-USDT-SWAP | +0.0100% | 4h | 0.004462 | +0.202% | $976K | $1.5M | 10x | as long as short |
| Gate SOPH_USDT | +0.0100% | 4h | 0.004454 | +0.022% | $723K | $152K | 25x | as long as short |
| MEXC SOPH_USDT | +0.0100% | 4h | 0.004459 | +0.135% | $979K | $174K | 20x | as long as short |
| KuCoin SOPHUSDTMshort | +0.0100% | 4h | 0.004447 | −0.135% | $945K | $38K | 30x | |
| Bitget SOPHUSDT | +0.0100% | 4h | 0.004452 | −0.022% | $636K | $204K | 25x | as long as short |
| BingX SOPH-USDTlong | +0.0100% | 4h | 0.004453 | long leg | — | $6.6M | — |
Hyperliquid SOPH
Binance SOPHUSDT
Bybit SOPHUSDT
OKX SOPH-USDT-SWAP
Gate SOPH_USDT
MEXC SOPH_USDT
Bitget SOPHUSDT