Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.026%
Price spread now: Bitget against MEXC+0.022%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$770.768% of the position
Funding, last 7 days+0.380%+$38 on $10k
+Price spread, last 4 days (all we have)−0.013%−$1 · spread now +0.022%, 7d avg −0.030%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.052% dearer against MEXC than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SOPH_USDT | 0.004471 | 0.0100 | pay 0.0050% / 4h | 3h 29m | $1.0M | $176K | 20x |
| Short | Bitget SOPHUSDT | 0.004472 | 0.0100 | get 0.0050% / 4h | 3h 29m | $655K | $230K | 25x |
MEXC SOPH_USDT
Bitget SOPHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: +0.022% → −0.030%
- $5.24
- Slippage, 4 orders
- −$60.83
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$71.59
- Costs to cover
- 0.768%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; Bitget: live order book, 41 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, 1 min ago | 1.12 bp | 3.1 bp −$3 | 21.7 bp −$217 | 196.6 bp −$19.7K | 525.9 bp −$262.9K |
| Sell Bitget live order book, 41 min ago | 4.44 bp | 35.8 bp −$36 | 283.2 bp −$2,832 | 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 | 0.004467 | −0.089% | $525K | $166K | 3x | as long as short |
| Binance SOPHUSDT | +0.0100% | 4h | 0.004472 | +0.015% | $5.4M | $5.6M | 25x | as long as short |
| Bybit SOPHUSDT | +0.0100% | 4h | 0.004471 | 0.000% | $1.8M | $1.0M | 25x | as long as short |
| OKX SOPH-USDT-SWAP | +0.0100% | 4h | 0.004472 | +0.022% | $995K | $1.5M | 10x | as long as short |
| Gate SOPH_USDT | +0.0100% | 4h | 0.004472 | +0.022% | $736K | $166K | 25x | as long as short |
| MEXC SOPH_USDTlong | +0.0100% | 4h | 0.004471 | long leg | $1.0M | $176K | 20x | |
| KuCoin SOPHUSDTM | +0.0100% | 4h | 0.004467 | −0.089% | $952K | $43K | 30x | as long as short |
| Bitget SOPHUSDTshort | +0.0100% | 4h | 0.004472 | +0.022% | $655K | $230K | 25x | |
| BingX SOPH-USDT | +0.0100% | 4h | 0.004471 | 0.000% | — | $6.6M | — | as long as short |
Hyperliquid SOPH
Binance SOPHUSDT
Bybit SOPHUSDT
OKX SOPH-USDT-SWAP
Gate SOPH_USDT
KuCoin SOPHUSDTM
BingX SOPH-USDT