Funding you earn now, next payment 05:00 UTC+0.0060%/8h= +6.6% APRpaid last 24h +0.160%
Price spread now: Paragon against Bitget−0.053%7-day average −0.195% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1201.203% of the position
Funding, last 7 days+0.816%+$82 on $10k
+Price spread, last 4 days (all we have)−0.110%−$11 · spread now −0.053%, 7d avg −0.195%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Paragon is 0.142% dearer against Bitget than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.195%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SOFIUSDT | 16.999 | 0 | get 0.0000% / 8h | 3h 51m | $539K | $154K | 20x |
| Short | Paragon para:SOFI | 16.990 | 0.0060 | get 0.0008% / 1h | 51m 12s | $100K | $44K | 10x |
Bitget SOFIUSDT
Paragon para:SOFIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon 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
- $12.6
- Price spread: −0.053% → −0.195%
- $14.21
- Slippage, 4 orders
- −$98.28
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- −$93.47
- Costs to cover
- 1.203%
- Break-even
- 58.9 days
Slippage from Bitget: live order book, 60 min ago; Paragon: live order book, 34 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, 60 min ago | 9.69 bp | 16.1 bp −$16 | 21.2 bp −$212 | doesn't fit | doesn't fit |
| Sell Paragon live order book, 34 min ago | 28.52 bp | 33.5 bp −$34 | 147.6 bp −$1,476 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate SOFI_USDT | 0.0000% | 8h | 17.024 | +0.147% | $159K | $13K | 20x | as long as short |
| Bitget SOFIUSDTlong | 0.0000% | 8h | 16.999 | long leg | $539K | $154K | 20x | |
| Bybit SOFIUSDT | +0.0016% | 8h | 17.020 | +0.124% | $544K | $840K | 25x | as long as short |
| Lighter RH SOFI | +0.0032% | 1h | 17.019 | +0.118% | $31K | $16K | 10x | as long as short |
| Injective SOFI/USDC PERP | +0.0033% | 1h | 17.080 | +0.476% | $16K | $20K | 5.5x | as long as short |
| Extended SOFI-USD | +0.0040% | 1h | 16.995 | −0.024% | $2K | $363 | 5x | as long as short |
| Paragon para:SOFIshort | +0.0060% | 1h | 16.990 | −0.053% | $100K | $44K | 10x | |
| edgeX SOFIUSDC | +0.0246% | 4h | 17.014 | +0.087% | $12K | $244K | 10x | as long as short |
| Binance SOFIUSDT | +0.0791% | 8h | 17.010 | +0.065% | $1.6M | $715K | 25x | as long as short |
Gate SOFI_USDT
Bybit SOFIUSDT
Lighter RH SOFI
Injective SOFI/USDC PERP
Extended SOFI-USD
edgeX SOFIUSDC
Binance SOFIUSDT