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)−0.067%
7d average−0.113%if it closes, per $10,000$7funding while held, a day+$0.00
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SOPHUSDT0.0044560.0100pay 0.0050% / 4h12m 24s$1.9M$1.1M25x
ShortHyperliquid SOPH0.0044530.0100get 0.0013% / 1h12m 24s$568K$133K3x

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
−$6.73
Funding while held
$0
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$26.73
Spread needed to break even
0.200%
Slippage unknown: Bybit: live order book, 6 min ago; Hyperliquid: live order book, 9 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 Bybit live order book, 6 min ago4.50 bp25.2 bp −$251017.4 bp −$10.2Kdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 9 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−0.067%+0.0100%1h$568K$133K3x
OKX SOPH-USDT-SWAP−0.045%+0.0100%4h$990K$1.5M10xas long as short
Bybit SOPHUSDTlong0.000%+0.0100%4h$1.9M$1.1M25x
Gate SOPH_USDT0.000%+0.0100%4h$740K$210K25xas long as short
MEXC SOPH_USDT0.000%+0.0100%4h$1.0M$153K20xas long as short
Bitget SOPHUSDT0.000%+0.0100%4h$667K$250K25xas long as short
BingX SOPH-USDT0.000%+0.0100%4h$6.6Mas long as short
Binance SOPHUSDT+0.015%+0.0100%4h$5.4M$5.9M25xas long as short
KuCoin SOPHUSDTM+0.022%+0.0100%4h$946K$46K30xas long as short