SOPH Funding Rate — live across 8 venues
25 DEX + 8 CEX · net of fees · updated continuously
Live annualized SOPH perpetual funding across all 8 venues Perpia tracks. Right now SOPH funding is positive on 7 and negative on 1, ranging from +10.9% on OKX to -89.7% on Hyperliquid — a spread of 100.6%. The widest delta-neutral trade is long Hyperliquid / short OKX at 92.8% net APR.
SOPH funding rate by venue
12 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| OKX | +10.9% | 4h |
| Bybit | +10.9% | 4h |
| Bitget | +10.9% | 4h |
| KuCoin | +10.9% | 4h |
| Gate.io | +10.9% | 8h |
| MEXC | +3.1% | 8h |
| Binance | +2.9% | 8h |
| Hyperliquid | -89.7% | 1h |
Rates annualized; updated ~every few minutes from live venue data.
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SOPH funding — FAQ
Is SOPH funding positive right now?
SOPH perpetual funding is positive on 7 of 8 venues Perpia tracks and negative on 1. The highest is +10.9% on OKX; the lowest is -89.7% on Hyperliquid.
What is the best SOPH funding arbitrage right now?
Go long Hyperliquid and short OKX for about 92.8% net APR after fees — the widest delta-neutral SOPH spread Perpia currently sees.
Which exchange has the highest SOPH funding rate?
OKX, at +10.9% annualized. Funding shifts continuously, so check the live table above before trading.
How SOPH funding arbitrage works
Funding-rate arbitrage is delta-neutral: you go long the venue paying the most negative funding and short the one paying the most positive, so price moves cancel and you collect the spread. The catch is liquidity — a huge APR on a thin book caps at a few thousand dollars and often flips within hours. Perpia shows the max size after slippage and tracks whether a spread holds, so you filter instead of chasing the number.