After costs, if the gap returns to its 7d average, $10k−$80
spread now−0.017%7d average+0.041%fees + slippage, in and out−$74spread needed0.741%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SOPHUSDT | 0.004506 | 0.0100 | pay 0.0050% / 4h | 1h 31m | $5.5M | $5.7M | 25x |
| Short | Bybit SOPHUSDT | 0.004505 | 0.0100 | get 0.0050% / 4h | 1h 31m | $1.9M | $1.2M | 25x |
Binance SOPHUSDT
Bybit SOPHUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$1.71
- Funding while held
- $0
- Slippage, 4 orders
- −$53.11
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$75.81
- Spread needed to break even
- 0.741%
Slippage from Binance: live order book, 8 min ago; Bybit: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- Average in range /8h
- —
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, 8 min ago | 2.22 bp | 17.4 bp −$17 | 100.8 bp −$1,008 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 4.44 bp | 15.6 bp −$16 | 94.2 bp −$942 | doesn't fit | doesn't fit |
SOPH price on every exchange
against the cheapest. Click to use as the short leg.OKX0.004503cheapestKuCoin0.004503cheapestGate0.004504+0.022%Hyperliquid0.004505+0.044%
OKX
KuCoin
Gate
HyperliquidBybit0.004505+0.044%
MEXC0.004505+0.044%Bitget0.004505+0.044%
MEXC
BitgetBinance0.004506+0.062%
BingX0.004506+0.067%
BingXSOPH on 9 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX SOPH-USDT-SWAP | −0.061% | +0.0100% | 4h | $997K | $1.6M | 10x | as long as short |
| KuCoin SOPHUSDTM | −0.061% | +0.0100% | 4h | $958K | $45K | 30x | as long as short |
| Gate SOPH_USDT | −0.039% | +0.0100% | 4h | $748K | $199K | 25x | as long as short |
| Hyperliquid SOPH | −0.017% | +0.0100% | 1h | $539K | $153K | 3x | as long as short |
| Bybit SOPHUSDTshort | −0.017% | +0.0100% | 4h | $1.9M | $1.2M | 25x | |
| MEXC SOPH_USDT | −0.017% | +0.0100% | 4h | $1.0M | $174K | 20x | as long as short |
| Bitget SOPHUSDT | −0.017% | +0.0100% | 4h | $674K | $230K | 25x | as long as short |
| Binance SOPHUSDTlong | 0.000% | +0.0100% | 4h | $5.5M | $5.7M | 25x | |
| BingX SOPH-USDT | +0.005% | +0.0100% | 4h | — | $6.6M | — | as long as short |