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

SOFI

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0672%/8h= −73.6% APRpaid last 24h −0.124%
Price spread now: Extended against edgeX−0.235%53s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropedgeX: Active · Extended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Extended is 0.235% cheaper against edgeX than usual: you would sell low and buy high (−$24 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SOFIUSDC17.0260.0712pay 0.0356% / 4h3h 02m$12K$245K10x
ShortExtended SOFI-USD16.9860.0040get 0.0005% / 1h2m 22s$2K$3635x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$141.21
Price spread: −0.235% → 0.000%
−$23.51
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$178.72
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: edgeX: live order book, 30 min ago; Extended: no order-book sample. Net counts fees only.

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, 30 min ago17.69 bp39.9 bp −$40doesn't fitdoesn't fitdoesn't fit
Sell Extended no order-book sample
Extended: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%8h17.010−0.094%$569K$724K25xas long as short
Gate SOFI_USDT0.0000%8h17.032+0.036%$168K$15K20xas long as short
Bitget SOFIUSDT0.0000%8h16.996−0.176%$622K$192K20xas long as short
Injective SOFI/USDC PERP+0.0033%1h17.080+0.318%$16K$20K5.5xas long as short
Extended SOFI-USDshort+0.0040%1h16.986−0.235%$2K$3635x
Lighter RH SOFI+0.0192%1h17.018−0.047%$39K$25K10xas long as short
edgeX SOFIUSDClong+0.0712%4h17.026long leg$12K$245K10x
Binance SOFIUSDT+0.0850%8h17.020−0.035%$1.7M$783K25xas long as short
Paragon para:SOFI+1.1234%1h16.985−0.240%$100K$44K10xas long as short