Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.009%
Price spread now: Bitget against MEXC−0.022%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$770.772% of the position
Funding, last 7 days+0.363%+$36 on $10k
+Price spread, last 4 days (all we have)+0.014%+$1 · spread now −0.022%, 7d avg −0.028%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SOPH_USDT | 0.004477 | 0.0100 | pay 0.0050% / 4h | 3h 20m | $990K | $177K | 20x |
| Short | Bitget SOPHUSDT | 0.004476 | 0.0100 | get 0.0050% / 4h | 3h 20m | $644K | $209K | 25x |
MEXC SOPH_USDT
Bitget SOPHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −0.022% → −0.028%
- $0.6
- Slippage, 4 orders
- −$61.2
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$76.6
- Costs to cover
- 0.772%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 36 min ago; Bitget: live order book, 30 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, 36 min ago | 2.23 bp | 4.2 bp −$4 | 30.6 bp −$306 | 203.0 bp −$20.3K | 494.1 bp −$247.1K |
| Sell Bitget live order book, 30 min ago | 3.35 bp | 36.2 bp −$36 | 241.7 bp −$2,417 | 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 | 0.004476 | −0.022% | $520K | $157K | 3x | as long as short |
| Binance SOPHUSDT | +0.0100% | 4h | 0.004477 | 0.000% | $5.3M | $5.1M | 25x | as long as short |
| Bybit SOPHUSDT | +0.0100% | 4h | 0.004473 | −0.089% | $1.8M | $1.1M | 25x | as long as short |
| OKX SOPH-USDT-SWAP | +0.0100% | 4h | 0.004477 | 0.000% | $959K | $1.4M | 10x | as long as short |
| Gate SOPH_USDT | +0.0100% | 4h | 0.004474 | −0.067% | $726K | $151K | 25x | as long as short |
| MEXC SOPH_USDTlong | +0.0100% | 4h | 0.004477 | long leg | $990K | $177K | 20x | |
| KuCoin SOPHUSDTM | +0.0100% | 4h | 0.004472 | −0.112% | $949K | $39K | 30x | as long as short |
| Bitget SOPHUSDTshort | +0.0100% | 4h | 0.004476 | −0.022% | $644K | $209K | 25x | |
| BingX SOPH-USDT | +0.0100% | 4h | 0.004475 | −0.045% | — | $6.6M | — | as long as short |
Hyperliquid SOPH
Binance SOPHUSDT
Bybit SOPHUSDT
OKX SOPH-USDT-SWAP
Gate SOPH_USDT
KuCoin SOPHUSDTM
BingX SOPH-USDT