Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.043%
Price spread now: OKX against Bitget0.000%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$195as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1421.420% of the position
Funding, last 7 days−0.530%−$53 on $10k
+Price spread, last 4 days (all we have)−0.224%−$22 · spread now 0.000%, 7d avg −0.008%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SOPHUSDT | 0.004472 | 0.0100 | pay 0.0050% / 4h | 19m 44s | $645K | $218K | 25x |
| Short | OKX SOPH-USDT-SWAP | 0.004472 | 0.0100 | get 0.0050% / 4h | 19m 44s | $970K | $1.5M | 10x |
Bitget SOPHUSDT
OKX SOPH-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bitget. 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% → −0.008%
- $0.78
- Slippage, 4 orders
- −$119.98
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$141.2
- Costs to cover
- 1.420%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 36 min ago; OKX: live order book, 2 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 Bitget live order book, 36 min ago | 3.37 bp | 35.8 bp −$36 | 320.1 bp −$3,201 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 3.36 bp | 30.5 bp −$31 | 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 | 0.004471 | −0.022% | $520K | $160K | 3x | as long as short |
| Binance SOPHUSDT | +0.0100% | 4h | 0.004470 | −0.045% | $5.3M | $5.2M | 25x | as long as short |
| Bybit SOPHUSDT | +0.0100% | 4h | 0.004472 | 0.000% | $1.8M | $1.1M | 25x | as long as short |
| OKX SOPH-USDT-SWAPshort | +0.0100% | 4h | 0.004472 | 0.000% | $970K | $1.5M | 10x | |
| Gate SOPH_USDT | +0.0100% | 4h | 0.004471 | −0.022% | $726K | $153K | 25x | as long as short |
| MEXC SOPH_USDT | +0.0100% | 4h | 0.004473 | +0.022% | $989K | $182K | 20x | as long as short |
| KuCoin SOPHUSDTM | +0.0100% | 4h | 0.004471 | −0.022% | $950K | $39K | 30x | as long as short |
| Bitget SOPHUSDTlong | +0.0100% | 4h | 0.004472 | long leg | $645K | $218K | 25x | |
| BingX SOPH-USDT | +0.0100% | 4h | 0.004473 | +0.022% | — | $6.6M | — | as long as short |
Hyperliquid SOPH
Binance SOPHUSDT
Bybit SOPHUSDT
Gate SOPH_USDT
MEXC SOPH_USDT
KuCoin SOPHUSDTM
BingX SOPH-USDT