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: MEXC against BingX0.000%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$320.322% of the position
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 7 days+0.026%+$3 · spread now 0.000%, 7d avg −0.006%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SOPH-USDT | 0.004462 | 0.0100 | pay 0.0050% / 4h | 16m 13s | — | $6.6M | — |
| Short | MEXC SOPH_USDT | 0.004462 | 0.0100 | get 0.0050% / 4h | 16m 13s | $986K | $182K | 20x |
BingX SOPH-USDT
MEXC SOPH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: 0.000% → −0.006%
- $0.56
- Slippage, 4 orders
- −$18.18
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$31.62
- Costs to cover
- 0.322%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; MEXC: live order book, 45 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, 6 min ago | 4.48 bp | 15.0 bp −$15 | 24.4 bp −$244 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 45 min ago | 1.12 bp | 3.1 bp −$3 | 27.6 bp −$276 | 211.1 bp −$21.1K | 447.4 bp −$223.7K |
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 | 0.004462 | 0.000% | $519K | $160K | 3x | as long as short |
| Binance SOPHUSDT | +0.0100% | 4h | 0.004462 | −0.002% | $5.3M | $5.2M | 25x | as long as short |
| Bybit SOPHUSDT | +0.0100% | 4h | 0.004462 | 0.000% | $1.8M | $1.1M | 25x | as long as short |
| OKX SOPH-USDT-SWAP | +0.0100% | 4h | 0.004463 | +0.022% | $967K | $1.5M | 10x | as long as short |
| Gate SOPH_USDT | +0.0100% | 4h | 0.004471 | +0.202% | $726K | $153K | 25x | as long as short |
| MEXC SOPH_USDTshort | +0.0100% | 4h | 0.004462 | 0.000% | $986K | $182K | 20x | |
| KuCoin SOPHUSDTM | +0.0100% | 4h | 0.004465 | +0.067% | $949K | $38K | 30x | as long as short |
| Bitget SOPHUSDT | +0.0100% | 4h | 0.004463 | +0.022% | $643K | $217K | 25x | as long as short |
| BingX SOPH-USDTlong | +0.0100% | 4h | 0.004462 | long leg | — | $6.6M | — |
Hyperliquid SOPH
Binance SOPHUSDT
Bybit SOPHUSDT
OKX SOPH-USDT-SWAP
Gate SOPH_USDT
KuCoin SOPHUSDTM
Bitget SOPHUSDT