data as of
Settings8H · net · $10k
Funding arb /

SOPH

all SOPH markets
SwapPrice view
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Funding spread now, next payment 19:00 UTC0.0000%/8h
paid, last 24h+0.080%paid, last 7 days+0.789%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SOPHUSDT0.0044970.0100pay 0.0050% / 4h1h 39m$1.9M$1.1M25x
ShortHyperliquid SOPH0.0044970.0100get 0.0013% / 1h39m 56s$539K$152K3x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$20
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 3 min ago; Hyperliquid: live order book, 21 min ago. Net counts fees only.

Price risk

price view
Price gap now
0.000%
Avg gap 7d
−0.111%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 3 min ago3.34 bp20.4 bp −$20146.2 bp −$1,462doesn't fitdoesn't fit
Sell Hyperliquid live order book, 21 min ago4.47 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

SOPH on 9 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Hyperliquid SOPHshort+0.0100%1h$539K$152K3x
Binance SOPHUSDT+0.0100%4h$5.5M$5.7M25xas long as short
Bybit SOPHUSDTlong+0.0100%4h$1.9M$1.1M25x
OKX SOPH-USDT-SWAP+0.0100%4h$994K$1.6M10xas long as short
Gate SOPH_USDT+0.0100%4h$747K$199K25xas long as short
MEXC SOPH_USDT+0.0100%4h$1.0M$173K20xas long as short
KuCoin SOPHUSDTM+0.0100%4h$957K$45K30xas long as short
Bitget SOPHUSDT+0.0100%4h$673K$230K25xas long as short
BingX SOPH-USDT+0.0100%4h$6.6Mas long as short