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

SOFI

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SOFIUSDC17.0290.0169pay 0.0084% / 4h3h 56m$12K$243K10x
ShortBitget SOFIUSDT17.0040get 0.0000% / 8h3h 56m$539K$155K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 60 min ago14.68 bp38.2 bp −$38doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 54 min ago9.69 bp36.9 bp −$3759.1 bp −$591doesn'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 SOFIUSDT0.0000%8h17.030+0.007%$547K$837K25xas long as short
Gate SOFI_USDT0.0000%8h17.029+0.001%$159K$13K20xas long as short
Bitget SOFIUSDTshort0.0000%8h17.004−0.146%$539K$155K20x
Injective SOFI/USDC PERP+0.0033%1h17.080+0.301%$16K$20K5.5xas long as short
Extended SOFI-USD+0.0040%1h16.995−0.198%$2K$3635xas long as short
Lighter RH SOFI+0.0048%1h17.022−0.040%$31K$16K10xas long as short
Paragon para:SOFI+0.0060%1h16.990−0.228%$100K$44K10xas long as short
edgeX SOFIUSDClong+0.0169%4h17.029long leg$12K$243K10x
Binance SOFIUSDT+0.0814%8h17.021−0.043%$1.6M$714K25xas long as short