Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: OKX against KuCoin+0.209%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$626as in the Funding arb table
Net, price: spread back to 7d avg − costs−$549as in the Price arb table
costs, in and out, $10k−$5695.694% of the position
Funding, last 7 days−0.563%−$56 on $10k
+Price spread, last 4 days (all we have)−0.239%−$24 · spread now +0.209%, 7d avg +0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.203% dearer against KuCoin than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of +0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SOPHUSDTM | 0.003831 | 0.0100 | pay 0.0050% / 4h | 1h 39m | $822K | $97K | 30x |
| Short | OKX SOPH-USDT-SWAP | 0.003839 | 0.0100 | get 0.0050% / 4h | 1h 39m | $798K | $2.7M | 10x |
KuCoin SOPHUSDTM
OKX SOPH-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.209% → +0.006%
- $20.3
- Slippage, 4 orders
- −$547.37
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$549.07
- Costs to cover
- 5.694%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 59 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 KuCoin live order book, 59 min ago | 9.00 bp | 311.3 bp −$311 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 2.60 bp | 23.7 bp −$24 | 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 | −0.0326% | 1h | 0.003826 | −0.131% | $404K | $337K | 3x | as long as short |
| Bybit SOPHUSDT | −0.0101% | 4h | 0.003832 | +0.026% | $2.0M | $2.5M | 25x | as long as short |
| Gate SOPH_USDT | +0.0024% | 4h | 0.003843 | +0.313% | $631K | $319K | 25x | as long as short |
| BingX SOPH-USDT | +0.0070% | 4h | 0.003836 | +0.131% | — | $6.6M | — | as long as short |
| Binance SOPHUSDT | +0.0100% | 4h | 0.003834 | +0.078% | $4.9M | $9.7M | 25x | as long as short |
| OKX SOPH-USDT-SWAPshort | +0.0100% | 4h | 0.003839 | +0.209% | $798K | $2.7M | 10x | |
| MEXC SOPH_USDT | +0.0100% | 4h | 0.003830 | −0.026% | $1.1M | $307K | 20x | as long as short |
| KuCoin SOPHUSDTMlong | +0.0100% | 4h | 0.003831 | long leg | $822K | $97K | 30x | |
| Bitget SOPHUSDT | +0.0100% | 4h | 0.003837 | +0.157% | $531K | $426K | 25x | as long as short |
Hyperliquid SOPH
Bybit SOPHUSDT
Gate SOPH_USDT
BingX SOPH-USDT
Binance SOPHUSDT
MEXC SOPH_USDT
Bitget SOPHUSDT