Funding you earn now, next payment 11:00 UTC+0.1348%/8h= +147.6% APRpaid last 24h +0.061%
Price spread now: Hyperliquid against MEXC−0.132%7-day average −0.088% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.025%+$103 on $10k
+Price spread, last 4 days (all we have)−0.216%−$22 · spread now −0.132%, 7d avg −0.088%
=Together, before fees+0.809%+ Points / potential airdropHyperliquid: Season 2 · farm board+$81 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.044% cheaper against MEXC than usual: you would sell low and buy high (spread −0.132% now, against its 7-day average of −0.088%). If the spread goes back, that is −$4 on $10k: about 3 hours of funding at the current rate (+$40 a day). At the pace of the last 7 days (+1.025% in total) that is about 7 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SOPH_USDT | 0.003780 | −0.1876 | get 0.0938% / 4h | 1h 55m | $1.2M | $410K | 20x |
| Short | Hyperliquid SOPH | 0.003775 | −0.0528 | pay 0.0066% / 1h | 55m 19s | $400K | $370K | 3x |
MEXC SOPH_USDT
Hyperliquid SOPHFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $283.11
- Price spread: −0.132% → −0.088%
- −$4.4
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $265.7
- Costs to cover
- 0.130%
- Break-even
- 0.4 days
Slippage unknown: MEXC: live order book, 4 min ago; Hyperliquid: live order book, 52 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 MEXC live order book, 4 min ago | 2.63 bp | 4.6 bp −$5 | 38.9 bp −$389 | 195.4 bp −$19.5K | 512.7 bp −$256.4K |
| Sell Hyperliquid live order book, 52 min ago | 2.61 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
SOPH on 9 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SOPHUSDT | −0.1886% | 4h | 0.003781 | +0.026% | $5.0M | $13.2M | 25x | as long as short |
| MEXC SOPH_USDTlong | −0.1876% | 4h | 0.003780 | long leg | $1.2M | $410K | 20x | |
| BingX SOPH-USDT | −0.1790% | 4h | 0.003783 | +0.079% | — | $6.6M | — | as long as short |
| OKX SOPH-USDT-SWAP | −0.1569% | 4h | 0.003782 | +0.053% | $901K | $3.9M | 10x | as long as short |
| Bybit SOPHUSDT | −0.1553% | 4h | 0.003786 | +0.159% | $1.9M | $3.4M | 25x | as long as short |
| Bitget SOPHUSDT | −0.1468% | 4h | 0.003773 | −0.185% | $498K | $624K | 25x | as long as short |
| KuCoin SOPHUSDTM | −0.1306% | 4h | 0.003774 | −0.159% | $818K | $111K | 30x | as long as short |
| Hyperliquid SOPHshort | −0.0528% | 1h | 0.003775 | −0.132% | $400K | $370K | 3x | |
| Gate SOPH_USDT | −0.0216% | 4h | 0.003776 | −0.106% | $612K | $391K | 25x | as long as short |
Binance SOPHUSDT
BingX SOPH-USDT
OKX SOPH-USDT-SWAP
Bybit SOPHUSDT
Bitget SOPHUSDT
KuCoin SOPHUSDTM
Gate SOPH_USDT