Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.009%
Price spread now: Bitget against MEXC−0.045%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$750.753% of the position
Funding, last 7 days+0.363%+$36 on $10k
+Price spread, last 4 days (all we have)+0.045%+$5 · spread now −0.045%, 7d avg −0.028%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SOPH_USDT | 0.004402 | 0.0100 | pay 0.0050% / 4h | 2h 23m | $964K | $175K | 20x |
| Short | Bitget SOPHUSDT | 0.004400 | 0.0100 | get 0.0050% / 4h | 2h 23m | $632K | $205K | 25x |
MEXC SOPH_USDT
Bitget SOPHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −0.045% → −0.028%
- −$1.79
- Slippage, 4 orders
- −$59.35
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$77.14
- Costs to cover
- 0.753%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 28 min ago; Bitget: live order book, 22 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, 28 min ago | 1.11 bp | 3.1 bp −$3 | 29.4 bp −$294 | 201.8 bp −$20.2K | 551.7 bp −$275.8K |
| Sell Bitget live order book, 22 min ago | 3.35 bp | 32.7 bp −$33 | 224.8 bp −$2,248 | 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 | 0.004401 | −0.023% | $508K | $159K | 3x | as long as short |
| Binance SOPHUSDT | +0.0100% | 4h | 0.004402 | 0.000% | $5.2M | $5.1M | 25x | as long as short |
| Bybit SOPHUSDT | +0.0100% | 4h | 0.004400 | −0.045% | $1.8M | $1.0M | 25x | as long as short |
| OKX SOPH-USDT-SWAP | +0.0100% | 4h | 0.004402 | 0.000% | $960K | $1.4M | 10x | as long as short |
| Gate SOPH_USDT | +0.0100% | 4h | 0.004399 | −0.068% | $711K | $155K | 25x | as long as short |
| MEXC SOPH_USDTlong | +0.0100% | 4h | 0.004402 | long leg | $964K | $175K | 20x | |
| KuCoin SOPHUSDTM | +0.0100% | 4h | 0.004397 | −0.114% | $935K | $39K | 30x | as long as short |
| Bitget SOPHUSDTshort | +0.0100% | 4h | 0.004400 | −0.045% | $632K | $205K | 25x | |
| BingX SOPH-USDT | +0.0100% | 4h | 0.004405 | +0.068% | — | $6.5M | — | as long as short |
Hyperliquid SOPH
Binance SOPHUSDT
Bybit SOPHUSDT
OKX SOPH-USDT-SWAP
Gate SOPH_USDT
KuCoin SOPHUSDTM
BingX SOPH-USDT