Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.030%
Price spread now: Hyperliquid against MEXC−0.045%7-day average −0.090% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.091%+$109 on $10k
+Price spread, last 4 days (all we have)−0.304%−$30 · spread now −0.045%, 7d avg −0.090%
=Together, before fees+0.788%+ Points / potential airdropHyperliquid: Season 2 · farm board+$79 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: Hyperliquid is 0.045% dearer against MEXC than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.090%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SOPH_USDT | 0.004461 | 0.0100 | pay 0.0050% / 4h | 3m 27s | $986K | $182K | 20x |
| Short | Hyperliquid SOPH | 0.004459 | 0.0100 | get 0.0013% / 1h | 3m 27s | $519K | $159K | 3x |
MEXC SOPH_USDT
Hyperliquid SOPHFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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% → −0.090%
- $4.54
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$8.46
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 57 min ago; Hyperliquid: live order book, 26 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 MEXC live order book, 57 min ago | 1.12 bp | 3.1 bp −$3 | 23.1 bp −$231 | 207.8 bp −$20.8K | 400.8 bp −$200.4K |
| Sell Hyperliquid live order book, 26 min ago | 4.48 bp | doesn't fit | 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 SOPHshort | +0.0100% | 1h | 0.004459 | −0.045% | $519K | $159K | 3x | |
| Binance SOPHUSDT | +0.0100% | 4h | 0.004462 | +0.028% | $5.3M | $5.2M | 25x | as long as short |
| Bybit SOPHUSDT | +0.0100% | 4h | 0.004461 | 0.000% | $1.8M | $1.1M | 25x | as long as short |
| OKX SOPH-USDT-SWAP | +0.0100% | 4h | 0.004461 | 0.000% | $964K | $1.5M | 10x | as long as short |
| Gate SOPH_USDT | +0.0100% | 4h | 0.004464 | +0.067% | $725K | $155K | 25x | as long as short |
| MEXC SOPH_USDTlong | +0.0100% | 4h | 0.004461 | long leg | $986K | $182K | 20x | |
| KuCoin SOPHUSDTM | +0.0100% | 4h | 0.004459 | −0.045% | $946K | $38K | 30x | as long as short |
| Bitget SOPHUSDT | +0.0100% | 4h | 0.004461 | 0.000% | $642K | $218K | 25x | as long as short |
| BingX SOPH-USDT | +0.0100% | 4h | 0.004461 | 0.000% | — | $6.6M | — | as long as short |
Binance SOPHUSDT
Bybit SOPHUSDT
OKX SOPH-USDT-SWAP
Gate SOPH_USDT
KuCoin SOPHUSDTM
Bitget SOPHUSDT
BingX SOPH-USDT