Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.064%
Price spread now: BingX against MEXC0.000%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$350.347% of the position
Funding, last 7 days+0.120%+$12 on $10k
+Price spread, last 7 days+0.025%+$2 · spread now 0.000%, 7d avg +0.006%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SOPH_USDT | 0.004520 | 0.0100 | pay 0.0050% / 4h | 46m 11s | $1.0M | $173K | 20x |
| Short | BingX SOPH-USDT | 0.004520 | 0.0100 | get 0.0050% / 4h | 46m 11s | — | $6.6M | — |
MEXC SOPH_USDT
BingX SOPH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against MEXC. 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%
- −$0.59
- Slippage, 4 orders
- −$20.75
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$35.34
- Costs to cover
- 0.347%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; BingX: live order book, 6 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 MEXC live order book, 5 min ago | 2.21 bp | 4.2 bp −$4 | 19.6 bp −$196 | 174.2 bp −$17.4K | 498.3 bp −$249.2K |
| Sell BingX live order book, 6 min ago | 3.32 bp | 13.4 bp −$13 | 26.5 bp −$265 | 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 | 0.004517 | −0.066% | $536K | $160K | 3x | as long as short |
| Binance SOPHUSDT | +0.0100% | 4h | 0.004521 | +0.029% | $5.4M | $5.7M | 25x | as long as short |
| Bybit SOPHUSDT | +0.0100% | 4h | 0.004519 | −0.022% | $1.8M | $1.1M | 25x | as long as short |
| OKX SOPH-USDT-SWAP | +0.0100% | 4h | 0.004519 | −0.022% | $1.0M | $1.6M | 10x | as long as short |
| Gate SOPH_USDT | +0.0100% | 4h | 0.004517 | −0.066% | $746K | $188K | 25x | as long as short |
| MEXC SOPH_USDTlong | +0.0100% | 4h | 0.004520 | long leg | $1.0M | $173K | 20x | |
| KuCoin SOPHUSDTM | +0.0100% | 4h | 0.004517 | −0.066% | $964K | $42K | 30x | as long as short |
| Bitget SOPHUSDT | +0.0100% | 4h | 0.004519 | −0.022% | $662K | $232K | 25x | as long as short |
| BingX SOPH-USDTshort | +0.0100% | 4h | 0.004520 | 0.000% | — | $6.6M | — |
Hyperliquid SOPH
Binance SOPHUSDT
Bybit SOPHUSDT
OKX SOPH-USDT-SWAP
Gate SOPH_USDT
KuCoin SOPHUSDTM
Bitget SOPHUSDT