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SOPH — funding rate on Bitget
Bitget · SOPHUSDT-0.116%per 4h · -0.029%/hlongs receive
last settlement-0.080%→upcoming payout-0.116%▲ heating up
2:13:00settlement
1calmheat
Price (mark)
0.001219
-1.5% 24h
Vol 24h
$265K
Open interest
$352K
Price move in 2 min
—
avg 7d
-0.001%/h
avg 30d
-0.009%/h
Price and skew
Liquidations
24h$1K
$1K longs$0 shorts
Longs were wiped — 100% of the total. Quiet over the last hour.
Event life curvePRO · open for now
Across 4 closed events of this pair: a typical one lives 6h 12m, the peak usually lands at minute 90–95
median across 4 eventsmedian peak minute
at later minutes only long-livers remain in the sample — the curve is conditional, not «acceleration»
How they ended: funding covered the adverse price move in 2 of 4 cases
median — 1.20% accrued against a 7.55% move
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (4h)
- $2.9 · $0.72/hour
- Net snipe per settlement
- $-1.11 = 0.116% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 0.72×needs 0.160%+ per settlement
- Liquidation price
- 0.000981 (−19.50% from price)
- Risk at this leverage
- no volatility data
- Max “green” leverage
- —
Funding goes to whoever holds the position at the cut-off. MMR in the liquidation formula is +0.50%; verify the price on the exchange before trading.
Settlement window · facts (12)
before cut-off · 5m · the snipe window (12)
avg+0.87% | -0.80%
max+2.59%
after · 5m
avg+1.78% | -2.69%
max-5.93%
before cut-off · 15m
avg+1.26% | -2.88%
max-7.19%
after · 15m
avg+1.48% | -5.22%
max-10.42%
| Cut-off | Rate | Before | After |
|---|---|---|---|
| 31.10 08:00 | -0.282% | -1.29% | +1.62% |
| 31.10 00:00 | -0.291% | -2.30% | +0.23% |
| 30.10 20:00 | -1.908% | +0.64% | -1.31% |
| 23.10 12:00 | -0.509% | +1.43% | +1.71% |
| 08.09 19:00 | -0.004% | -2.75% | -2.81% |
Settlement profilePRO · open for now
How this pair's price behaves around the payout — averaged over 12 settlements
average across settlementsspread: worst … best outcome
Context and comparison
Funding history · 593 settlements
SOPH on 5 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Bybit | -0.160% / 4h | -0.040%/h | longs | 0.000% |
| Binance | -0.131% / 4h | -0.033%/h | longs | -0.029% |
| Bitget ← you are here | -0.116% / 4h | -0.029%/h | longs | -0.044% |
| OKX | -0.111% / 4h | -0.028%/h | longs | -0.049% |
| Hyperliquid | +0.001% / 1h | +0.001%/h | shorts | -0.159% |
Bybit-0.040%/h
longsrate -0.160% / 4hsnipe 0.000%
Binance-0.033%/h
longsrate -0.131% / 4hsnipe -0.029%
Bitget← you are here-0.029%/h
longsrate -0.116% / 4hsnipe -0.044%
OKX-0.028%/h
longsrate -0.111% / 4hsnipe -0.049%
Hyperliquid+0.001%/h
shortsrate +0.001% / 1hsnipe -0.159%
Max spread across exchanges: +0.041%/h
SOPH across all exchanges: comparison & curves →Rates across exchangesPRO · open for now
5 exchanges on one timeline
Hyperliquidevery 1hBitgetevery 4hBybitevery 4hOKXevery 4hBinanceevery 4hrate corridor between exchanges
exchanges settle at different frequencies — an 8-hour step is bound to «lag» a 1-hour one, that's its grid, not a slower market
spread typically
0.0060%/h
widest spread
0.0602%/h
09.11 01:00 UTC · Bitget ↔ Hyperliquid
the spread is the hedge's rate before fees: that's what an hour of the pair-trade yields
How to read this
- Snipe: enter long before the cut-off, exit after settlement. Funding goes to whoever holds the position at the cut-off. The net capture in the calculator is already net of fees and slippage — and it does not include price moving against you in the settlement window (see volatility above).
- Hedged: a long here + an opposite position of the same size on another exchange or spot — funding capture without price risk, but four legs of fees.
- Extreme funding is a crowd story: price often runs into the cut-off and reverses after. This is data for a decision, not a recommendation.