Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.007%
Price spread now: Bybit against MEXC+0.022%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$430.435% of the position
Funding, last 7 days+0.326%+$33 on $10k
+Price spread, last 7 days−0.001%$0 · spread now +0.022%, 7d avg +0.034%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SOPH_USDT | 0.004452 | 0.0100 | pay 0.0050% / 4h | 2h 02m | $968K | $178K | 20x |
| Short | Bybit SOPHUSDT | 0.004453 | 0.0100 | get 0.0050% / 4h | 2h 02m | $1.8M | $1.0M | 25x |
MEXC SOPH_USDT
Bybit SOPHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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% → +0.034%
- −$1.19
- Slippage, 4 orders
- −$28.49
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$44.68
- Costs to cover
- 0.435%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 48 min ago; Bybit: live order book, 4 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, 48 min ago | 1.11 bp | 3.1 bp −$3 | 29.4 bp −$294 | 201.8 bp −$20.2K | 551.7 bp −$275.8K |
| Sell Bybit live order book, 4 min ago | 2.24 bp | 20.8 bp −$21 | 103.3 bp −$1,033 | 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 | 0.004453 | +0.022% | $514K | $158K | 3x | as long as short |
| Binance SOPHUSDT | +0.0100% | 4h | 0.004452 | 0.000% | $5.3M | $5.1M | 25x | as long as short |
| Bybit SOPHUSDTshort | +0.0100% | 4h | 0.004453 | +0.022% | $1.8M | $1.0M | 25x | |
| OKX SOPH-USDT-SWAP | +0.0100% | 4h | 0.004451 | −0.022% | $971K | $1.4M | 10x | as long as short |
| Gate SOPH_USDT | +0.0100% | 4h | 0.004451 | −0.022% | $715K | $161K | 25x | as long as short |
| MEXC SOPH_USDTlong | +0.0100% | 4h | 0.004452 | long leg | $968K | $178K | 20x | |
| KuCoin SOPHUSDTM | +0.0100% | 4h | 0.004443 | −0.202% | $944K | $39K | 30x | as long as short |
| Bitget SOPHUSDT | +0.0100% | 4h | 0.004454 | +0.045% | $638K | $205K | 25x | as long as short |
| BingX SOPH-USDT | +0.0100% | 4h | 0.004451 | −0.022% | — | $6.5M | — | as long as short |
Hyperliquid SOPH
Binance SOPHUSDT
OKX SOPH-USDT-SWAP
Gate SOPH_USDT
KuCoin SOPHUSDTM
Bitget SOPHUSDT
BingX SOPH-USDT