Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget+0.022%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1071.070% of the position
Funding, last 7 days−0.060%−$6 on $10k
+Price spread, last 4 days (all we have)−0.072%−$7 · spread now +0.022%, 7d avg +0.042%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SOPHUSDT | 0.004489 | 0.0100 | pay 0.0050% / 4h | 3h 19m | $658K | $228K | 25x |
| Short | Bybit SOPHUSDT | 0.004490 | 0.0100 | get 0.0050% / 4h | 3h 19m | $1.8M | $1.0M | 25x |
Bitget SOPHUSDT
Bybit SOPHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bitget. 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% → +0.042%
- −$1.97
- Slippage, 4 orders
- −$84.04
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$109
- Costs to cover
- 1.070%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 51 min ago; Bybit: live order book, 2 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 Bitget live order book, 51 min ago | 4.44 bp | 34.8 bp −$35 | 305.5 bp −$3,055 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 3.34 bp | 17.2 bp −$17 | 101.9 bp −$1,019 | 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 | 0.004490 | +0.022% | $528K | $165K | 3x | as long as short |
| Binance SOPHUSDT | +0.0100% | 4h | 0.004489 | +0.010% | $5.4M | $5.5M | 25x | as long as short |
| Bybit SOPHUSDTshort | +0.0100% | 4h | 0.004490 | +0.022% | $1.8M | $1.0M | 25x | |
| OKX SOPH-USDT-SWAP | +0.0100% | 4h | 0.004488 | −0.022% | $998K | $1.5M | 10x | as long as short |
| Gate SOPH_USDT | +0.0100% | 4h | 0.004488 | −0.022% | $738K | $168K | 25x | as long as short |
| MEXC SOPH_USDT | +0.0100% | 4h | 0.004489 | 0.000% | $1.0M | $177K | 20x | as long as short |
| KuCoin SOPHUSDTM | +0.0100% | 4h | 0.004487 | −0.045% | $956K | $42K | 30x | as long as short |
| Bitget SOPHUSDTlong | +0.0100% | 4h | 0.004489 | long leg | $658K | $228K | 25x | |
| BingX SOPH-USDT | +0.0100% | 4h | 0.004491 | +0.045% | — | $6.6M | — | as long as short |
Hyperliquid SOPH
Binance SOPHUSDT
OKX SOPH-USDT-SWAP
Gate SOPH_USDT
MEXC SOPH_USDT
KuCoin SOPHUSDTM
BingX SOPH-USDT