Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.004%
Price spread now: Gate against Hyperliquid+0.045%7-day average +0.067% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.274%+$27 on $10k
+Price spread, last 4 days (all we have)+0.148%+$15 · spread now +0.045%, 7d avg +0.067%
=Together, before fees+0.422%+ Points / potential airdropHyperliquid: Season 2 · farm board+$42 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: Gate is 0.022% cheaper against Hyperliquid than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.067%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid SOPH | 0.004416 | 0.0100 | pay 0.0013% / 1h | 16m 21s | $510K | $159K | 3x |
| Short | Gate SOPH_USDT | 0.004418 | 0.0100 | get 0.0050% / 4h | 2h 16m | $714K | $157K | 25x |
Hyperliquid SOPH
Gate SOPH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Hyperliquid. 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% → +0.067%
- −$2.17
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$26.17
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 63 min ago; Gate: live order book, 30 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 Hyperliquid live order book, 63 min ago | 3.36 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 30 min ago | 4.45 bp | 92.3 bp −$92 | 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 SOPHlong | +0.0100% | 1h | 0.004416 | long leg | $510K | $159K | 3x | |
| Binance SOPHUSDT | +0.0100% | 4h | 0.004418 | +0.045% | $5.2M | $5.1M | 25x | as long as short |
| Bybit SOPHUSDT | +0.0100% | 4h | 0.004418 | +0.045% | $1.8M | $1.0M | 25x | as long as short |
| OKX SOPH-USDT-SWAP | +0.0100% | 4h | 0.004418 | +0.045% | $964K | $1.4M | 10x | as long as short |
| Gate SOPH_USDTshort | +0.0100% | 4h | 0.004418 | +0.045% | $714K | $157K | 25x | |
| MEXC SOPH_USDT | +0.0100% | 4h | 0.004418 | +0.045% | $961K | $177K | 20x | as long as short |
| KuCoin SOPHUSDTM | +0.0100% | 4h | 0.004413 | −0.068% | $938K | $39K | 30x | as long as short |
| Bitget SOPHUSDT | +0.0100% | 4h | 0.004417 | +0.023% | $633K | $205K | 25x | as long as short |
| BingX SOPH-USDT | +0.0100% | 4h | 0.004417 | +0.023% | — | $6.6M | — | as long as short |
Binance SOPHUSDT
Bybit SOPHUSDT
OKX SOPH-USDT-SWAP
MEXC SOPH_USDT
KuCoin SOPHUSDTM
Bitget SOPHUSDT
BingX SOPH-USDT