Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.027%
Price spread now: BingX against MEXC−0.089%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$360.361% of the position
Funding, last 7 days+0.052%+$5 on $10k
+Price spread, last 7 days+0.064%+$6 · spread now −0.089%, 7d avg +0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.095% cheaper against MEXC than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SOPH_USDT | 0.004484 | 0.0100 | pay 0.0050% / 4h | 3h 54m | $991K | $174K | 20x |
| Short | BingX SOPH-USDT | 0.004480 | 0.0100 | get 0.0050% / 4h | 3h 54m | — | $6.6M | — |
MEXC SOPH_USDT
BingX SOPH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against MEXC. 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% → +0.006%
- −$9.48
- Slippage, 4 orders
- −$22.09
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$45.56
- Costs to cover
- 0.361%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; BingX: live order book, 7 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 MEXC live order book, 1 min ago | 2.23 bp | 4.2 bp −$4 | 30.6 bp −$306 | 203.0 bp −$20.3K | 494.1 bp −$247.1K |
| Sell BingX live order book, 7 min ago | 4.47 bp | 15.3 bp −$15 | 26.2 bp −$262 | 747.4 bp −$74.7K | 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 | 0.004480 | −0.089% | $521K | $158K | 3x | as long as short |
| Binance SOPHUSDT | +0.0100% | 4h | 0.004482 | −0.045% | $5.3M | $5.2M | 25x | as long as short |
| Bybit SOPHUSDT | +0.0100% | 4h | 0.004484 | 0.000% | $1.8M | $1.1M | 25x | as long as short |
| OKX SOPH-USDT-SWAP | +0.0100% | 4h | 0.004482 | −0.045% | $968K | $1.5M | 10x | as long as short |
| Gate SOPH_USDT | +0.0100% | 4h | 0.004483 | −0.022% | $727K | $148K | 25x | as long as short |
| MEXC SOPH_USDTlong | +0.0100% | 4h | 0.004484 | long leg | $991K | $174K | 20x | |
| KuCoin SOPHUSDTM | +0.0100% | 4h | 0.004480 | −0.089% | $951K | $38K | 30x | as long as short |
| Bitget SOPHUSDT | +0.0100% | 4h | 0.004481 | −0.067% | $645K | $217K | 25x | as long as short |
| BingX SOPH-USDTshort | +0.0100% | 4h | 0.004480 | −0.089% | — | $6.6M | — |
Hyperliquid SOPH
Binance SOPHUSDT
Bybit SOPHUSDT
OKX SOPH-USDT-SWAP
Gate SOPH_USDT
KuCoin SOPHUSDTM
Bitget SOPHUSDT