Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.038%
Price spread now: Gate against KuCoin+0.022%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$618as in the Funding arb table
Net, price: spread back to 7d avg − costs−$714as in the Price arb table
costs, in and out, $10k−$7157.145% of the position
Funding, last 7 days+0.961%+$96 on $10k
+Price spread, last 4 days (all we have)−0.022%−$2 · spread now +0.022%, 7d avg +0.015%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SOPHUSDTM | 0.004517 | 0.0100 | pay 0.0050% / 4h | 45m 38s | $964K | $42K | 30x |
| Short | Gate SOPH_USDT | 0.004518 | 0.0100 | get 0.0050% / 4h | 45m 38s | $746K | $188K | 25x |
KuCoin SOPHUSDTM
Gate SOPH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against KuCoin. 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: +0.022% → +0.015%
- $0.73
- Slippage, 4 orders
- −$687.53
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$713.8
- Costs to cover
- 7.145%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 24 min ago; Gate: live order book, 31 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 KuCoin live order book, 24 min ago | 8.89 bp | 227.4 bp −$227 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 31 min ago | 3.33 bp | 92.8 bp −$93 | 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 | 0.004518 | +0.022% | $536K | $160K | 3x | as long as short |
| Binance SOPHUSDT | +0.0100% | 4h | 0.004520 | +0.066% | $5.4M | $5.7M | 25x | as long as short |
| Bybit SOPHUSDT | +0.0100% | 4h | 0.004520 | +0.066% | $1.8M | $1.1M | 25x | as long as short |
| OKX SOPH-USDT-SWAP | +0.0100% | 4h | 0.004517 | 0.000% | $1.0M | $1.6M | 10x | as long as short |
| Gate SOPH_USDTshort | +0.0100% | 4h | 0.004518 | +0.022% | $746K | $188K | 25x | |
| MEXC SOPH_USDT | +0.0100% | 4h | 0.004520 | +0.066% | $1.0M | $173K | 20x | as long as short |
| KuCoin SOPHUSDTMlong | +0.0100% | 4h | 0.004517 | long leg | $964K | $42K | 30x | |
| Bitget SOPHUSDT | +0.0100% | 4h | 0.004519 | +0.044% | $662K | $232K | 25x | as long as short |
| BingX SOPH-USDT | +0.0100% | 4h | 0.004519 | +0.044% | — | $6.6M | — | as long as short |
Hyperliquid SOPH
Binance SOPHUSDT
Bybit SOPHUSDT
OKX SOPH-USDT-SWAP
MEXC SOPH_USDT
Bitget SOPHUSDT
BingX SOPH-USDT