Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.041%
Price spread now: Hyperliquid against Bitget+0.022%7-day average −0.065% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.663%+$66 on $10k
+Price spread, last 4 days (all we have)−0.313%−$31 · spread now +0.022%, 7d avg −0.065%
=Together, before fees+0.350%+ Points / potential airdropHyperliquid: Season 2 · farm board+$35 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.087% dearer against Bitget than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.065%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SOPHUSDT | 0.004500 | 0.0100 | pay 0.0050% / 4h | 1h 50m | $662K | $226K | 25x |
| Short | Hyperliquid SOPH | 0.004501 | 0.0100 | get 0.0013% / 1h | 50m 01s | $535K | $158K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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% → −0.065%
- $8.7
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$12.3
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 30 min ago; Hyperliquid: live order book, 30 min ago. Net counts fees only.
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, 30 min ago | 4.43 bp | 44.9 bp −$45 | 263.5 bp −$2,635 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 30 min ago | 4.43 bp | doesn't fit | 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 SOPHshort | +0.0100% | 1h | 0.004501 | +0.022% | $535K | $158K | 3x | |
| Binance SOPHUSDT | +0.0100% | 4h | 0.004498 | −0.044% | $5.4M | $5.7M | 25x | as long as short |
| Bybit SOPHUSDT | +0.0100% | 4h | 0.004497 | −0.067% | $1.8M | $1.1M | 25x | as long as short |
| OKX SOPH-USDT-SWAP | +0.0100% | 4h | 0.004494 | −0.133% | $999K | $1.6M | 10x | as long as short |
| Gate SOPH_USDT | +0.0100% | 4h | 0.004506 | +0.133% | $746K | $196K | 25x | as long as short |
| MEXC SOPH_USDT | +0.0100% | 4h | 0.004500 | 0.000% | $1.0M | $173K | 20x | as long as short |
| KuCoin SOPHUSDTM | +0.0100% | 4h | 0.004498 | −0.044% | $959K | $41K | 30x | as long as short |
| Bitget SOPHUSDTlong | +0.0100% | 4h | 0.004500 | long leg | $662K | $226K | 25x | |
| BingX SOPH-USDT | +0.0100% | 4h | 0.004509 | +0.200% | — | $6.6M | — | as long as short |
Bitget SOPHUSDT
Hyperliquid SOPH
Binance SOPHUSDT
Bybit SOPHUSDT
OKX SOPH-USDT-SWAP
Gate SOPH_USDT
MEXC SOPH_USDT
KuCoin SOPHUSDTM
BingX SOPH-USDT