Funding you earn now, next payment 08:00 UTC−0.0169%/8h= −18.5% APRpaid last 24h +0.005%
Price spread now: Bitget against edgeX−0.146%7-day average −0.106% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1271.274% of the position
Funding, last 7 days+0.404%+$40 on $10k
+Price spread, last 4 days (all we have)+0.011%+$1 · spread now −0.146%, 7d avg −0.106%
=Together, before fees+0.415%+ Points / potential airdropedgeX: Active · farm board+$42 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bitget is 0.040% cheaper against edgeX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.106%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.404%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX SOFIUSDC | 17.029 | 0.0169 | pay 0.0084% / 4h | 3h 56m | $12K | $243K | 10x |
| Short | Bitget SOFIUSDT | 17.004 | 0 | get 0.0000% / 8h | 3h 56m | $539K | $155K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$35.47
- Price spread: −0.146% → −0.106%
- −$3.99
- Slippage, 4 orders
- −$106.42
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$166.87
- Costs to cover
- 1.274%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 60 min ago; Bitget: live order book, 54 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, 60 min ago | 14.68 bp | 38.2 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 54 min ago | 9.69 bp | 36.9 bp −$37 | 59.1 bp −$591 | 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 | 17.030 | +0.007% | $547K | $837K | 25x | as long as short |
| Gate SOFI_USDT | 0.0000% | 8h | 17.029 | +0.001% | $159K | $13K | 20x | as long as short |
| Bitget SOFIUSDTshort | 0.0000% | 8h | 17.004 | −0.146% | $539K | $155K | 20x | |
| Injective SOFI/USDC PERP | +0.0033% | 1h | 17.080 | +0.301% | $16K | $20K | 5.5x | as long as short |
| Extended SOFI-USD | +0.0040% | 1h | 16.995 | −0.198% | $2K | $363 | 5x | as long as short |
| Lighter RH SOFI | +0.0048% | 1h | 17.022 | −0.040% | $31K | $16K | 10x | as long as short |
| Paragon para:SOFI | +0.0060% | 1h | 16.990 | −0.228% | $100K | $44K | 10x | as long as short |
| edgeX SOFIUSDClong | +0.0169% | 4h | 17.029 | long leg | $12K | $243K | 10x | |
| Binance SOFIUSDT | +0.0814% | 8h | 17.021 | −0.043% | $1.6M | $714K | 25x | as long as short |
edgeX SOFIUSDC
Bitget SOFIUSDT
Bybit SOFIUSDT
Gate SOFI_USDT
Injective SOFI/USDC PERP
Extended SOFI-USD
Lighter RH SOFI
Paragon para:SOFI
Binance SOFIUSDT