After costs, if the gap returns to its 7d average, $10k−$60
spread now−0.004%7d average+0.002%fees + slippage, in and out−$59spread needed0.592%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SOPHUSDT | 0.004469 | 0.0100 | pay 0.0050% / 4h | 54m 48s | $5.4M | $5.7M | 25x |
| Short | MEXC SOPH_USDT | 0.004469 | 0.0100 | get 0.0050% / 4h | 54m 48s | $986K | $146K | 20x |
Price 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
- −$0.45
- Funding while held
- $0
- Slippage, 4 orders
- −$45.17
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$59.62
- Spread needed to break even
- 0.592%
Slippage from Binance: live order book, 15 min ago; MEXC: live order book, 33 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, 15 min ago | 1.12 bp | 18.8 bp −$19 | 190.8 bp −$1,908 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 33 min ago | 2.25 bp | 10.0 bp −$10 | 26.9 bp −$269 | 178.5 bp −$17.8K | 505.9 bp −$252.9K |
SOPH price on every exchange
against the cheapest. Click to use as the short leg.SOPH on 9 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hyperliquid SOPH | −0.049% | +0.0100% | 1h | $578K | $126K | 3x | as long as short |
| Bitget SOPHUSDT | −0.049% | +0.0100% | 4h | $656K | $221K | 25x | as long as short |
| BingX SOPH-USDT | −0.027% | +0.0100% | 4h | — | $6.6M | — | as long as short |
| Gate SOPH_USDT | −0.004% | +0.0100% | 4h | $739K | $189K | 25x | as long as short |
| MEXC SOPH_USDTshort | −0.004% | +0.0100% | 4h | $986K | $146K | 20x | |
| Binance SOPHUSDTlong | 0.000% | +0.0100% | 4h | $5.4M | $5.7M | 25x | |
| OKX SOPH-USDT-SWAP | +0.018% | +0.0100% | 4h | $988K | $1.5M | 10x | as long as short |
| Bybit SOPHUSDT | +0.063% | +0.0100% | 4h | $1.9M | $1.1M | 25x | as long as short |
| KuCoin SOPHUSDTM | +0.107% | +0.0100% | 4h | $956K | $45K | 30x | as long as short |
Binance SOPHUSDT
MEXC SOPH_USDT
Hyperliquid
Bitget
BingX
Gate
OKX
Bybit
KuCoin