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

SOFI

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Bybit+0.035%7-day average −0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$790.788% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.048%−$5 · spread now +0.035%, 7d avg −0.064%
Together, before fees−0.048%−$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.099% dearer against Bybit than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.064%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SOFIUSDT16.9800get 0.0000% / 8h1h 35m$540K$838K25x
ShortBitget SOFIUSDT16.9860get 0.0000% / 8h1h 35m$541K$152K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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
$0
Price spread: +0.035% → −0.064%
$9.9
Slippage, 4 orders
−$55.81
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$68.91
Costs to cover
0.788%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; Bitget: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 4 min ago5.88 bp14.2 bp −$14159.1 bp −$1,591doesn't fitdoesn't fit
Sell Bitget live order book, just now7.66 bp34.8 bp −$3541.6 bp −$416doesn'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 SOFIUSDTlong0.0000%8h16.980long leg$540K$838K25x
Gate SOFI_USDT0.0000%8h16.975−0.029%$167K$16K20xas long as short
Bitget SOFIUSDTshort0.0000%8h16.986+0.035%$541K$152K20x
Lighter RH SOFI+0.0032%1h16.970−0.059%$30K$16K10xas long as short
Injective SOFI/USDC PERP+0.0033%1h17.080+0.589%$16K$20K5.5xas long as short
Extended SOFI-USD+0.0040%1h16.995+0.088%$2K$3635xas long as short
Paragon para:SOFI+0.0060%1h16.945−0.206%$100K$44K10xas long as short
edgeX SOFIUSDC+0.0155%4h16.983+0.016%$12K$244K10xas long as short
Binance SOFIUSDT+0.0549%8h16.976−0.022%$1.6M$727K25xas long as short