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

SOFI

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0216%/8h= −23.7% APRpaid last 24h −0.037%
Price spread now: Lighter RH against edgeX+0.046%7-day average · you sell dearer than you buy
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 · Lighter RH: Points live · farm boardneeds both histories
The price spread pays, funding is against you. Lighter RH is 0.046% dearer against edgeX than usual: you sell high and buy low (spread +0.046% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 17 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SOFIUSDC17.0120.0248pay 0.0124% / 4h3h 47m$12K$245K10x
ShortLighter RH SOFI17.0200.0032get 0.0004% / 1h47m 19s$31K$16K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH 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
−$45.46
Price spread: +0.046% → 0.000%
$4.59
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$49.87
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: edgeX: live order book, 5 min ago; Lighter RH: 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, 5 min ago11.76 bp33.2 bp −$33doesn't fitdoesn't fitdoesn't fit
Sell Lighter RH no order-book sample
Lighter RH: 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
Gate SOFI_USDT0.0000%8h17.016+0.022%$159K$13K20xas long as short
Bitget SOFIUSDT0.0000%8h16.999−0.078%$539K$154K20xas long as short
Bybit SOFIUSDT+0.0025%8h17.020+0.046%$543K$841K25xas long as short
Lighter RH SOFIshort+0.0032%1h17.020+0.046%$31K$16K10x
Injective SOFI/USDC PERP+0.0033%1h17.080+0.399%$16K$20K5.5xas long as short
Extended SOFI-USD+0.0040%1h16.995−0.101%$2K$3635xas long as short
Paragon para:SOFI+0.0060%1h16.985−0.160%$100K$44K10xas long as short
edgeX SOFIUSDClong+0.0248%4h17.012long leg$12K$245K10x
Binance SOFIUSDT+0.0778%8h17.010−0.013%$1.6M$716K25xas long as short