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 − costs—prices read too far apart to compare
costs, in and out, $10k−$1421.424% of the position
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SOFIUSDT | 16.994 | 0 | get 0.0000% / 8h | 5h 34m | $537K | $154K | 20x |
| Short | edgeX SOFIUSDC | 17.014 | 0.0449 | get 0.0224% / 4h | 1h 34m | $12K | $245K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 22 min ago | 19.11 bp | 28.0 bp −$28 | 36.2 bp −$362 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 28 min ago | 14.70 bp | 38.0 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
SOFI 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOFIUSDT | 0.0000% | 8h | 17.000 | +0.035% | $535K | $828K | 25x | as long as short |
| Gate SOFI_USDT | 0.0000% | 8h | 17.013 | +0.112% | $159K | $13K | 20x | as long as short |
| Bitget SOFIUSDTlong | 0.0000% | 8h | 16.994 | long leg | $537K | $154K | 20x | |
| Injective SOFI/USDC PERP | +0.0033% | 1h | 17.080 | +0.506% | $16K | $20K | 5.5x | as long as short |
| Extended SOFI-USD | +0.0040% | 1h | 16.995 | +0.006% | $2K | $363 | 5x | as long as short |
| Lighter RH SOFI | +0.0192% | 1h | 17.017 | +0.135% | $30K | $16K | 10x | as long as short |
| edgeX SOFIUSDCshort | +0.0449% | 4h | 17.014 | +0.115% | $12K | $245K | 10x | |
| Paragon para:SOFI | +0.0723% | 1h | 16.980 | −0.082% | $100K | $44K | 10x | as long as short |
| Binance SOFIUSDT | +0.1129% | 8h | 17.010 | +0.094% | $1.6M | $702K | 25x | as long as short |
Bitget SOFIUSDT
edgeX SOFIUSDC
Bybit SOFIUSDT
Gate SOFI_USDT
Injective SOFI/USDC PERP
Extended SOFI-USD
Lighter RH SOFI
Paragon para:SOFI
Binance SOFIUSDT