Funding you earn now, next payment 12:00 UTC−0.0300%/8h= −32.9% APRpaid last 24h −0.136%
Price spread now: Gate against edgeX−0.090%82s7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$179as 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−$2052.046% of the position
Funding, last 7 days+0.255%+$25 on $10k
+Price spread, last 4 days (all we have)−0.018%−$2 · spread now −0.090%, 7d avg −0.095%
=Together, before fees+0.237%+ Points / potential airdropedgeX: Active · farm board+$24 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.095%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.255%, so the current rate has only just turned against you. The two prices were read 82 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 | 16.986 | 0.0300 | pay 0.0150% / 4h | 3h 14m | $12K | $245K | 10x |
| Short | Gate SOFI_USDT | 16.971 | 0 | get 0.0000% / 8h | 7h 14m | $167K | $15K | 20x |
edgeX SOFIUSDC
Gate SOFI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$63.1
- Price spread: −0.090% → −0.095%
- $0.5
- Slippage, 4 orders
- −$180.6
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$267.2
- Costs to cover
- 2.046%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 18 min ago; Gate: live order book, 12 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, 18 min ago | 17.69 bp | 39.9 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 12 min ago | 26.61 bp | 54.6 bp −$55 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOFIUSDT | 0.0000% | 8h | 16.980 | −0.037% | $569K | $726K | 25x | as long as short |
| Gate SOFI_USDTshort | 0.0000% | 8h | 16.971 | −0.090% | $167K | $15K | 20x | |
| Bitget SOFIUSDT | 0.0000% | 8h | 16.972 | −0.084% | $622K | $192K | 20x | as long as short |
| Injective SOFI/USDC PERP | +0.0033% | 1h | 17.080 | +0.551% | $16K | $20K | 5.5x | as long as short |
| Extended SOFI-USD | +0.0040% | 1h | 16.965 | −0.127% | $2K | $363 | 5x | as long as short |
| edgeX SOFIUSDClong | +0.0300% | 4h | 16.986 | long leg | $12K | $245K | 10x | |
| Lighter RH SOFI | +0.0304% | 1h | 16.964 | −0.131% | $39K | $25K | 10x | as long as short |
| Binance SOFIUSDT | +0.0812% | 8h | 16.993 | +0.040% | $1.7M | $784K | 25x | as long as short |
| Paragon para:SOFI | +1.4239% | 1h | 16.965 | −0.126% | $100K | $44K | 10x | as long as short |
Bybit SOFIUSDT
Bitget SOFIUSDT
Injective SOFI/USDC PERP
Extended SOFI-USD
Lighter RH SOFI
Binance SOFIUSDT
Paragon para:SOFI