Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%
Price spread now: KuCoin against MEXC+0.067%7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$489as in the Funding arb table
Net, price: spread back to 7d avg − costs−$520as in the Price arb table
costs, in and out, $10k−$5315.306% of the position
Funding, last 7 days+0.421%+$42 on $10k
+Price spread, last 4 days (all we have)−0.117%−$12 · spread now +0.067%, 7d avg −0.038%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.105% dearer against MEXC than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SOPH_USDT | 0.004469 | 0.0100 | pay 0.0050% / 4h | 18m 09s | $988K | $182K | 20x |
| Short | KuCoin SOPHUSDTM | 0.004472 | 0.0100 | get 0.0050% / 4h | 18m 09s | $950K | $39K | 30x |
MEXC SOPH_USDT
KuCoin SOPHUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.067% → −0.038%
- $10.54
- Slippage, 4 orders
- −$514.57
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$520.03
- Costs to cover
- 5.306%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 43 min ago; KuCoin: live order book, 31 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, 43 min ago | 1.12 bp | 3.1 bp −$3 | 23.1 bp −$231 | 207.8 bp −$20.8K | 400.8 bp −$200.4K |
| Sell KuCoin live order book, 31 min ago | 7.89 bp | 214.9 bp −$215 | 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 | 0.004469 | 0.000% | $520K | $160K | 3x | as long as short |
| Binance SOPHUSDT | +0.0100% | 4h | 0.004469 | +0.006% | $5.3M | $5.2M | 25x | as long as short |
| Bybit SOPHUSDT | +0.0100% | 4h | 0.004471 | +0.045% | $1.8M | $1.1M | 25x | as long as short |
| OKX SOPH-USDT-SWAP | +0.0100% | 4h | 0.004470 | +0.022% | $969K | $1.5M | 10x | as long as short |
| Gate SOPH_USDT | +0.0100% | 4h | 0.004473 | +0.090% | $727K | $153K | 25x | as long as short |
| MEXC SOPH_USDTlong | +0.0100% | 4h | 0.004469 | long leg | $988K | $182K | 20x | |
| KuCoin SOPHUSDTMshort | +0.0100% | 4h | 0.004472 | +0.067% | $950K | $39K | 30x | |
| Bitget SOPHUSDT | +0.0100% | 4h | 0.004472 | +0.067% | $645K | $217K | 25x | as long as short |
| BingX SOPH-USDT | +0.0100% | 4h | 0.004471 | +0.045% | — | $6.6M | — | as long as short |
Hyperliquid SOPH
Binance SOPHUSDT
Bybit SOPHUSDT
OKX SOPH-USDT-SWAP
Gate SOPH_USDT
Bitget SOPHUSDT
BingX SOPH-USDT