Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.027%
Price spread now: BingX against Binance+0.008%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$640.637% of the position
Funding, last 7 days+0.040%+$4 on $10k
+Price spread, last 7 days+0.001%$0 · spread now +0.008%, 7d avg +0.006%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SOPHUSDT | 0.004464 | 0.0100 | pay 0.0050% / 4h | 3h 33m | $5.4M | $5.6M | 25x |
| Short | BingX SOPH-USDT | 0.004464 | 0.0100 | get 0.0050% / 4h | 3h 33m | — | $6.5M | — |
Binance SOPHUSDT
BingX SOPH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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: +0.008% → +0.006%
- $0.17
- Slippage, 4 orders
- −$43.74
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$63.57
- Costs to cover
- 0.637%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; BingX: live order book, 3 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 Binance live order book, 5 min ago | 2.24 bp | 15.2 bp −$15 | 67.5 bp −$675 | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 2.24 bp | 10.1 bp −$10 | 21.1 bp −$211 | 688.1 bp −$68.8K | 1375.9 bp −$687.9K |
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 | 0.004461 | −0.060% | $525K | $166K | 3x | as long as short |
| Binance SOPHUSDTlong | +0.0100% | 4h | 0.004464 | long leg | $5.4M | $5.6M | 25x | |
| Bybit SOPHUSDT | +0.0100% | 4h | 0.004461 | −0.060% | $1.8M | $1.0M | 25x | as long as short |
| OKX SOPH-USDT-SWAP | +0.0100% | 4h | 0.004463 | −0.015% | $994K | $1.5M | 10x | as long as short |
| Gate SOPH_USDT | +0.0100% | 4h | 0.004464 | +0.008% | $735K | $166K | 25x | as long as short |
| MEXC SOPH_USDT | +0.0100% | 4h | 0.004463 | −0.015% | $1.0M | $176K | 20x | as long as short |
| KuCoin SOPHUSDTM | +0.0100% | 4h | 0.004459 | −0.104% | $950K | $43K | 30x | as long as short |
| Bitget SOPHUSDT | +0.0100% | 4h | 0.004464 | +0.008% | $653K | $231K | 25x | as long as short |
| BingX SOPH-USDTshort | +0.0100% | 4h | 0.004464 | +0.008% | — | $6.5M | — |
Hyperliquid SOPH
Bybit SOPHUSDT
OKX SOPH-USDT-SWAP
Gate SOPH_USDT
MEXC SOPH_USDT
KuCoin SOPHUSDTM
Bitget SOPHUSDT