Funding you earn now, next payment 12:00 UTC+0.0540%/8h= +59.1% APRnext payment +$2.70 per $10,000 · paid last 24h +0.017%
Price spread now: KuCoin against MEXC+0.026%7-day average −0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$648as in the Funding arb table
Net, price: spread back to 7d avg − costs−$685as in the Price arb table
costs, in and out, $10k−$6926.916% of the position
Funding, last 7 days+0.434%+$43 on $10k
+Price spread, last 4 days (all we have)−0.150%−$15 · spread now +0.026%, 7d avg −0.041%
=Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and KuCoin is 0.068% dearer against MEXC than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SOPH_USDT | 0.003831 | −0.1848 | get 0.0924% / 4h | 2h 56m | $1.2M | $386K | 20x |
| Short | KuCoin SOPHUSDTM | 0.003832 | −0.1308 | pay 0.0654% / 4h | 2h 56m | $827K | $109K | 30x |
MEXC SOPH_USDT
KuCoin SOPHUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $113.4
- Price spread: +0.026% → −0.041%
- $6.76
- Slippage, 4 orders
- −$675.63
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$571.48
- Costs to cover
- 6.916%
- Break-even
- 42.3 days
Slippage from MEXC: live order book, 4 min ago; KuCoin: live order book, 17 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, 4 min ago | 2.60 bp | 4.6 bp −$5 | 29.3 bp −$293 | 208.1 bp −$20.8K | 561.3 bp −$280.7K |
| Sell KuCoin live order book, 17 min ago | 10.38 bp | 221.8 bp −$222 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SOPHUSDT | −0.1857% | 4h | 0.003830 | −0.021% | $5.1M | $12.7M | 25x | as long as short |
| MEXC SOPH_USDTlong | −0.1848% | 4h | 0.003831 | long leg | $1.2M | $386K | 20x | |
| BingX SOPH-USDT | −0.1748% | 4h | 0.003832 | +0.026% | — | $6.6M | — | as long as short |
| OKX SOPH-USDT-SWAP | −0.1362% | 4h | 0.003829 | −0.052% | $862K | $3.8M | 10x | as long as short |
| KuCoin SOPHUSDTMshort | −0.1308% | 4h | 0.003832 | +0.026% | $827K | $109K | 30x | |
| Bybit SOPHUSDT | −0.1297% | 4h | 0.003832 | +0.026% | $1.9M | $3.2M | 25x | as long as short |
| Bitget SOPHUSDT | −0.1292% | 4h | 0.003830 | −0.026% | $506K | $604K | 25x | as long as short |
| Gate SOPH_USDT | −0.0008% | 4h | 0.003831 | 0.000% | $623K | $388K | 25x | as long as short |
| Hyperliquid SOPH | +0.0100% | 1h | 0.003830 | −0.026% | $406K | $398K | 3x | as long as short |
Binance SOPHUSDT
BingX SOPH-USDT
OKX SOPH-USDT-SWAP
Bybit SOPHUSDT
Bitget SOPHUSDT
Gate SOPH_USDT
Hyperliquid SOPH