Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.038%
Price spread now: KuCoin against Gate−0.089%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$798as in the Funding arb table
Net, price: spread back to 7d avg − costs−$710as in the Price arb table
costs, in and out, $10k−$7027.021% of the position
Funding, last 7 days−0.961%−$96 on $10k
+Price spread, last 4 days (all we have)+0.089%+$9 · spread now −0.089%, 7d avg −0.015%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.074% cheaper against Gate than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SOPH_USDT | 0.004505 | 0.0100 | pay 0.0050% / 4h | 3h 58m | $745K | $162K | 25x |
| Short | KuCoin SOPHUSDTM | 0.004501 | 0.0100 | get 0.0050% / 4h | 3h 58m | $960K | $42K | 30x |
Gate SOPH_USDT
KuCoin SOPHUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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: −0.089% → −0.015%
- −$7.4
- Slippage, 4 orders
- −$675.11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$709.51
- Costs to cover
- 7.021%
- Break-even
- never at this rate
Slippage from Gate: live order book, 13 min ago; KuCoin: live order book, 6 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 Gate live order book, 13 min ago | 4.45 bp | 77.6 bp −$78 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 5.55 bp | 294.4 bp −$294 | 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 | 0.004503 | −0.044% | $533K | $161K | 3x | as long as short |
| Binance SOPHUSDT | +0.0100% | 4h | 0.004503 | −0.044% | $5.4M | $5.6M | 25x | as long as short |
| Bybit SOPHUSDT | +0.0100% | 4h | 0.004505 | 0.000% | $1.8M | $1.1M | 25x | as long as short |
| OKX SOPH-USDT-SWAP | +0.0100% | 4h | 0.004502 | −0.067% | $1.0M | $1.5M | 10x | as long as short |
| Gate SOPH_USDTlong | +0.0100% | 4h | 0.004505 | long leg | $745K | $162K | 25x | |
| MEXC SOPH_USDT | +0.0100% | 4h | 0.004503 | −0.044% | $1.0M | $169K | 20x | as long as short |
| KuCoin SOPHUSDTMshort | +0.0100% | 4h | 0.004501 | −0.089% | $960K | $42K | 30x | |
| Bitget SOPHUSDT | +0.0100% | 4h | 0.004504 | −0.022% | $661K | $231K | 25x | as long as short |
| BingX SOPH-USDT | +0.0100% | 4h | 0.004505 | 0.000% | — | $6.6M | — | as long as short |
Hyperliquid SOPH
Binance SOPHUSDT
Bybit SOPHUSDT
OKX SOPH-USDT-SWAP
MEXC SOPH_USDT
Bitget SOPHUSDT
BingX SOPH-USDT