Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.033%
Price spread now: Gate against OKX0.000%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$249as in the Price arb table
costs, in and out, $10k−$2482.478% of the position
Funding, last 7 days+1.529%+$153 on $10k
+Price spread, last 4 days (all we have)+0.058%+$6 · spread now 0.000%, 7d avg +0.012%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SOPH-USDT-SWAP | 0.004515 | 0.0100 | pay 0.0050% / 4h | 56m 01s | $1.0M | $1.6M | 10x |
| Short | Gate SOPH_USDT | 0.004515 | 0.0100 | get 0.0050% / 4h | 56m 01s | $746K | $188K | 25x |
OKX SOPH-USDT-SWAP
Gate SOPH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against OKX. 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: 0.000% → +0.012%
- −$1.19
- Slippage, 4 orders
- −$222.81
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$249
- Costs to cover
- 2.478%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; Gate: live order book, 20 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 OKX live order book, 1 min ago | 1.11 bp | 30.7 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 20 min ago | 3.33 bp | 92.8 bp −$93 | 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 | 0.004514 | −0.022% | $535K | $160K | 3x | as long as short |
| Binance SOPHUSDT | +0.0100% | 4h | 0.004517 | +0.039% | $5.4M | $5.7M | 25x | as long as short |
| Bybit SOPHUSDT | +0.0100% | 4h | 0.004516 | +0.022% | $1.8M | $1.1M | 25x | as long as short |
| OKX SOPH-USDT-SWAPlong | +0.0100% | 4h | 0.004515 | long leg | $1.0M | $1.6M | 10x | |
| Gate SOPH_USDTshort | +0.0100% | 4h | 0.004515 | 0.000% | $746K | $188K | 25x | |
| MEXC SOPH_USDT | +0.0100% | 4h | 0.004517 | +0.044% | $1.0M | $173K | 20x | as long as short |
| KuCoin SOPHUSDTM | +0.0100% | 4h | 0.004517 | +0.044% | $963K | $42K | 30x | as long as short |
| Bitget SOPHUSDT | +0.0100% | 4h | 0.004515 | 0.000% | $662K | $233K | 25x | as long as short |
| BingX SOPH-USDT | +0.0100% | 4h | 0.004516 | +0.022% | — | $6.6M | — | as long as short |
Hyperliquid SOPH
Binance SOPHUSDT
Bybit SOPHUSDT
MEXC SOPH_USDT
KuCoin SOPHUSDTM
Bitget SOPHUSDT
BingX SOPH-USDT