Funding you earn now, next payment 08:00 UTC+0.0244%/8h= +26.8% APRpaid last 24h +0.083%
Price spread now: edgeX against Bybit+0.040%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$950.952% of the position
Funding, last 7 days−0.322%−$32 on $10k
+Price spread, last 4 days (all we have)+0.036%+$4 · spread now +0.040%, 7d avg +0.039%
=Together, before fees−0.286%+ Points / potential airdropedgeX: Active · farm board−$29 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.039%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.322%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SOFIUSDT | 17.000 | 0.0090 | pay 0.0090% / 8h | 2h 51m | $541K | $841K | 25x |
| Short | edgeX SOFIUSDC | 17.007 | 0.0334 | get 0.0167% / 4h | 2h 51m | $12K | $244K | 10x |
Bybit SOFIUSDT
edgeX SOFIUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bybit. 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
- $51.32
- Price spread: +0.040% → +0.039%
- $0.12
- Slippage, 4 orders
- −$75.22
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$43.78
- Costs to cover
- 0.952%
- Break-even
- 13.0 days
Slippage from Bybit: live order book, 59 min ago; edgeX: live order book, 61 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 Bybit live order book, 59 min ago | 2.94 bp | 13.7 bp −$14 | 132.0 bp −$1,320 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 61 min ago | 11.76 bp | 34.4 bp −$34 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate SOFI_USDT | 0.0000% | 8h | 16.997 | −0.018% | $159K | $13K | 20x | as long as short |
| Bitget SOFIUSDT | 0.0000% | 8h | 16.993 | −0.041% | $539K | $150K | 20x | as long as short |
| Injective SOFI/USDC PERP | +0.0033% | 1h | 17.080 | +0.471% | $16K | $20K | 5.5x | as long as short |
| Extended SOFI-USD | +0.0040% | 1h | 16.995 | −0.029% | $2K | $363 | 5x | as long as short |
| Paragon para:SOFI | +0.0061% | 1h | 16.980 | −0.118% | $100K | $44K | 10x | as long as short |
| Bybit SOFIUSDTlong | +0.0090% | 8h | 17.000 | long leg | $541K | $841K | 25x | |
| Lighter RH SOFI | +0.0104% | 1h | 17.013 | +0.076% | $31K | $16K | 10x | as long as short |
| edgeX SOFIUSDCshort | +0.0334% | 4h | 17.007 | +0.040% | $12K | $244K | 10x | |
| Binance SOFIUSDT | +0.0680% | 8h | 17.008 | +0.046% | $1.6M | $716K | 25x | as long as short |
Gate SOFI_USDT
Bitget SOFIUSDT
Injective SOFI/USDC PERP
Extended SOFI-USD
Paragon para:SOFI
Lighter RH SOFI
Binance SOFIUSDT