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 Bitget−0.134%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$549as in the Funding arb table
Net, price: spread back to 7d avg − costs−$568as in the Price arb table
costs, in and out, $10k−$5555.553% of the position
Funding, last 7 days+0.058%+$6 on $10k
+Price spread, last 4 days (all we have)+0.092%+$9 · spread now −0.134%, 7d avg −0.011%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.123% cheaper against Bitget than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SOPHUSDT | 0.004492 | 0.0100 | pay 0.0050% / 4h | 3h 30m | $646K | $217K | 25x |
| Short | KuCoin SOPHUSDTM | 0.004486 | 0.0100 | get 0.0050% / 4h | 3h 30m | $952K | $38K | 30x |
Bitget SOPHUSDT
KuCoin SOPHUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.134% → −0.011%
- −$12.25
- Slippage, 4 orders
- −$531.27
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$567.52
- Costs to cover
- 5.553%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 19 min ago; KuCoin: live order book, 14 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, 19 min ago | 3.35 bp | 32.5 bp −$32 | 239.0 bp −$2,390 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 14 min ago | 6.69 bp | 205.9 bp −$206 | 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 | 0.004489 | −0.067% | $522K | $158K | 3x | as long as short |
| Binance SOPHUSDT | +0.0100% | 4h | 0.004490 | −0.045% | $5.3M | $5.1M | 25x | as long as short |
| Bybit SOPHUSDT | +0.0100% | 4h | 0.004491 | −0.022% | $1.8M | $1.1M | 25x | as long as short |
| OKX SOPH-USDT-SWAP | +0.0100% | 4h | 0.004489 | −0.067% | $965K | $1.4M | 10x | as long as short |
| Gate SOPH_USDT | +0.0100% | 4h | 0.004488 | −0.089% | $729K | $151K | 25x | as long as short |
| MEXC SOPH_USDT | +0.0100% | 4h | 0.004492 | 0.000% | $993K | $176K | 20x | as long as short |
| KuCoin SOPHUSDTMshort | +0.0100% | 4h | 0.004486 | −0.134% | $952K | $38K | 30x | |
| Bitget SOPHUSDTlong | +0.0100% | 4h | 0.004492 | long leg | $646K | $217K | 25x | |
| BingX SOPH-USDT | +0.0100% | 4h | 0.004490 | −0.045% | — | $6.6M | — | as long as short |
Hyperliquid SOPH
Binance SOPHUSDT
Bybit SOPHUSDT
OKX SOPH-USDT-SWAP
Gate SOPH_USDT
MEXC SOPH_USDT
BingX SOPH-USDT