Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.048%
Price spread now: KuCoin against BingX+0.045%7-day average −0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$484as in the Funding arb table
Net, price: spread back to 7d avg − costs−$512as in the Price arb table
costs, in and out, $10k−$5215.206% of the position
Funding, last 7 days+0.368%+$37 on $10k
+Price spread, last 4 days (all we have)−0.111%−$11 · spread now +0.045%, 7d avg −0.040%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.085% dearer against BingX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SOPH-USDT | 0.004489 | 0.0100 | pay 0.0050% / 4h | 2h 15m | — | $6.6M | — |
| Short | KuCoin SOPHUSDTM | 0.004491 | 0.0100 | get 0.0050% / 4h | 2h 15m | $954K | $42K | 30x |
BingX SOPH-USDT
KuCoin SOPHUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BingX. 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: +0.045% → −0.040%
- $8.46
- Slippage, 4 orders
- −$498.64
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$512.19
- Costs to cover
- 5.206%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; KuCoin: live order book, 44 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 BingX live order book, 7 min ago | 4.44 bp | 12.4 bp −$12 | 20.4 bp −$204 | 667.5 bp −$66.8K | doesn't fit |
| Sell KuCoin live order book, 44 min ago | 10.06 bp | 213.0 bp −$213 | doesn't fit | doesn't fit | doesn't fit |
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 | 0.004497 | +0.178% | $528K | $164K | 3x | as long as short |
| Binance SOPHUSDT | +0.0100% | 4h | 0.004494 | +0.122% | $5.4M | $5.5M | 25x | as long as short |
| Bybit SOPHUSDT | +0.0100% | 4h | 0.004490 | +0.022% | $1.8M | $1.0M | 25x | as long as short |
| OKX SOPH-USDT-SWAP | +0.0100% | 4h | 0.004498 | +0.200% | $997K | $1.5M | 10x | as long as short |
| Gate SOPH_USDT | +0.0100% | 4h | 0.004492 | +0.067% | $734K | $168K | 25x | as long as short |
| MEXC SOPH_USDT | +0.0100% | 4h | 0.004495 | +0.134% | $1.0M | $181K | 20x | as long as short |
| KuCoin SOPHUSDTMshort | +0.0100% | 4h | 0.004491 | +0.045% | $954K | $42K | 30x | |
| Bitget SOPHUSDT | +0.0100% | 4h | 0.004496 | +0.156% | $650K | $231K | 25x | as long as short |
| BingX SOPH-USDTlong | +0.0100% | 4h | 0.004489 | long leg | — | $6.6M | — |
Hyperliquid SOPH
Binance SOPHUSDT
Bybit SOPHUSDT
OKX SOPH-USDT-SWAP
Gate SOPH_USDT
MEXC SOPH_USDT
Bitget SOPHUSDT