Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.092%
Price spread now: MEXC against Hyperliquid+0.022%7-day average +0.095% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.096%−$110 on $10k
+Price spread, last 4 days (all we have)+0.215%+$21 · spread now +0.022%, 7d avg +0.095%
=Together, before fees−0.882%+ Points / potential airdropHyperliquid: Season 2 · farm board−$88 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: MEXC is 0.072% cheaper against Hyperliquid than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.095%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid SOPH | 0.004504 | 0.0100 | pay 0.0013% / 1h | 8m 07s | $533K | $160K | 3x |
| Short | MEXC SOPH_USDT | 0.004505 | 0.0100 | get 0.0050% / 4h | 8m 07s | $1.0M | $177K | 20x |
Hyperliquid SOPH
MEXC SOPH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Hyperliquid. 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% → +0.095%
- −$7.24
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$20.24
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 62 min ago; MEXC: live order book, 2 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 Hyperliquid live order book, 62 min ago | 3.33 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 1.11 bp | 3.1 bp −$3 | 23.1 bp −$231 | 209.0 bp −$20.9K | 571.0 bp −$285.5K |
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 SOPHlong | +0.0100% | 1h | 0.004504 | long leg | $533K | $160K | 3x | |
| Binance SOPHUSDT | +0.0100% | 4h | 0.004505 | +0.022% | $5.4M | $5.7M | 25x | as long as short |
| Bybit SOPHUSDT | +0.0100% | 4h | 0.004505 | +0.022% | $1.8M | $1.1M | 25x | as long as short |
| OKX SOPH-USDT-SWAP | +0.0100% | 4h | 0.004502 | −0.044% | $1.0M | $1.6M | 10x | as long as short |
| Gate SOPH_USDT | +0.0100% | 4h | 0.004503 | −0.022% | $744K | $190K | 25x | as long as short |
| MEXC SOPH_USDTshort | +0.0100% | 4h | 0.004505 | +0.022% | $1.0M | $177K | 20x | |
| KuCoin SOPHUSDTM | +0.0100% | 4h | 0.004498 | −0.133% | $959K | $43K | 30x | as long as short |
| Bitget SOPHUSDT | +0.0100% | 4h | 0.004500 | −0.089% | $660K | $230K | 25x | as long as short |
| BingX SOPH-USDT | +0.0100% | 4h | 0.004503 | −0.022% | — | $6.6M | — | as long as short |
Binance SOPHUSDT
Bybit SOPHUSDT
OKX SOPH-USDT-SWAP
Gate SOPH_USDT
KuCoin SOPHUSDTM
Bitget SOPHUSDT
BingX SOPH-USDT