data as of
Settings8H · net · $10k
Price arb /

SOPH

all SOPH markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)−0.235%
7d average−0.093%if it closes, per $10,000$24funding while held, a day+$0.00
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SOPHUSDT0.0044120.0100pay 0.0050% / 4h1h 51m$5.4M$5.8M25x
ShortHyperliquid SOPH0.0044020.0100get 0.0013% / 1h51m 58s$566K$122K3x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$23.5
Funding while held
$0
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$42.5
Spread needed to break even
0.190%
Slippage unknown: Binance: live order book, 3 min ago; Hyperliquid: live order book, 49 min ago. Net counts fees only.

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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 3 min ago1.13 bp18.1 bp −$1894.7 bp −$947doesn't fitdoesn't fit
Sell Hyperliquid live order book, 49 min ago3.38 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

SOPH price on every exchange

against the cheapest. Click to use as the short leg.

SOPH on 9 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Hyperliquid SOPHshort−0.235%+0.0100%1h$566K$122K3x
KuCoin SOPHUSDTM−0.144%+0.0100%4h$960K$36K30xas long as short
Gate SOPH_USDT−0.099%+0.0100%4h$726K$185K25xas long as short
Bitget SOPHUSDT−0.099%+0.0100%4h$648K$233K25xas long as short
Bybit SOPHUSDT−0.031%+0.0100%4h$1.9M$1.1M25xas long as short
MEXC SOPH_USDT−0.031%+0.0100%4h$973K$147K20xas long as short
BingX SOPH-USDT−0.008%+0.0100%4h$6.6Mas long as short
Binance SOPHUSDTlong0.000%+0.0100%4h$5.4M$5.8M25x
OKX SOPH-USDT-SWAP+0.014%+0.0100%4h$981K$1.5M10xas long as short