Settings8H · net · $10k
Funding arb · Price arb /

SOFI

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0449%/8h= +49.1% APRpaid last 24h −0.005%
Price spread now: edgeX against Bitget+0.115%84s7-day average +0.105% · you sell dearer than you buy
Net, funding: paid 7d − costs−$183as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1421.424% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.404%−$40 on $10k
Price spread, last 4 days (all we have)+0.018%+$2 · spread now +0.115%, 7d avg +0.105%
Together, before fees−0.386%+ Points / potential airdropedgeX: Active · farm board−$39 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.105%, so right now this pair is about funding alone: +$13 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.404%, so the current rate has only just turned in your favour. The two prices were read 84 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SOFIUSDT16.9940get 0.0000% / 8h5h 34m$537K$154K20x
ShortedgeX SOFIUSDC17.0140.0449get 0.0224% / 4h1h 34m$12K$245K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$94.22
Price spread: +0.115% → +0.105%
$0.97
Slippage, 4 orders
−$121.42
Fee Bitget: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$47.23
Costs to cover
1.424%
Break-even
10.5 days
Slippage from Bitget: live order book, 22 min ago; edgeX: live order book, 28 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 22 min ago19.11 bp28.0 bp −$2836.2 bp −$362doesn't fitdoesn't fit
Sell edgeX live order book, 28 min ago14.70 bp38.0 bp −$38doesn't fitdoesn't fitdoesn't fit

SOFI on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SOFIUSDT0.0000%8h17.000+0.035%$535K$828K25xas long as short
Gate SOFI_USDT0.0000%8h17.013+0.112%$159K$13K20xas long as short
Bitget SOFIUSDTlong0.0000%8h16.994long leg$537K$154K20x
Injective SOFI/USDC PERP+0.0033%1h17.080+0.506%$16K$20K5.5xas long as short
Extended SOFI-USD+0.0040%1h16.995+0.006%$2K$3635xas long as short
Lighter RH SOFI+0.0192%1h17.017+0.135%$30K$16K10xas long as short
edgeX SOFIUSDCshort+0.0449%4h17.014+0.115%$12K$245K10x
Paragon para:SOFI+0.0723%1h16.980−0.082%$100K$44K10xas long as short
Binance SOFIUSDT+0.1129%8h17.010+0.094%$1.6M$702K25xas long as short