Funding you earn now, next payment 04:00 UTC+0.0425%/8h= +46.5% APRpaid last 24h +0.222%
Price spread now: Binance against edgeX−0.039%70s7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as 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−$1121.117% of the position
Funding, last 7 days+0.807%+$81 on $10k
+Price spread, last 4 days (all we have)+0.107%+$11 · spread now −0.039%, 7d avg +0.026%
=Together, before fees+0.914%+ Points / potential airdropedgeX: Active · farm board+$91 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.065% cheaper against edgeX than usual: you would sell low and buy high (spread −0.039% now, against its 7-day average of +0.026%). If the spread goes back, that is −$7 on $10k: about 12 hours of funding at the current rate (+$13 a day). The two prices were read 70 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 | edgeX SOFIUSDC | 17.017 | 0.0702 | pay 0.0351% / 4h | 1h 32m | $12K | $245K | 10x |
| Short | Binance SOFIUSDT | 17.010 | 0.1126 | get 0.1126% / 8h | 5h 32m | $1.6M | $702K | 25x |
edgeX SOFIUSDC
Binance SOFIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against edgeX. 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
- $89.17
- Price spread: −0.039% → +0.026%
- −$6.52
- Slippage, 4 orders
- −$92.7
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$29.05
- Costs to cover
- 1.117%
- Break-even
- 9.3 days
Slippage from edgeX: live order book, 30 min ago; Binance: live order book, 1 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 edgeX live order book, 30 min ago | 14.70 bp | 38.3 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 1 min ago | 5.88 bp | 15.3 bp −$15 | 55.6 bp −$556 | 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 | −0.098% | $535K | $828K | 25x | as long as short |
| Gate SOFI_USDT | 0.0000% | 8h | 17.013 | −0.022% | $159K | $13K | 20x | as long as short |
| Bitget SOFIUSDT | 0.0000% | 8h | 16.994 | −0.133% | $537K | $154K | 20x | as long as short |
| Injective SOFI/USDC PERP | +0.0033% | 1h | 17.080 | +0.372% | $16K | $20K | 5.5x | as long as short |
| Extended SOFI-USD | +0.0040% | 1h | 16.995 | −0.127% | $2K | $363 | 5x | as long as short |
| Lighter RH SOFI | +0.0168% | 1h | 17.020 | +0.020% | $30K | $16K | 10x | as long as short |
| edgeX SOFIUSDClong | +0.0702% | 4h | 17.017 | long leg | $12K | $245K | 10x | |
| Paragon para:SOFI | +0.0720% | 1h | 16.980 | −0.215% | $100K | $44K | 10x | as long as short |
| Binance SOFIUSDTshort | +0.1126% | 8h | 17.010 | −0.039% | $1.6M | $702K | 25x |
Bybit SOFIUSDT
Gate SOFI_USDT
Bitget SOFIUSDT
Injective SOFI/USDC PERP
Extended SOFI-USD
Lighter RH SOFI
Paragon para:SOFI