Funding you earn now, next payment 05:00 UTC−0.0186%/8h= −20.3% APRpaid last 24h +0.077%
Price spread now: Paragon against edgeX−0.169%48s7-day average −0.305% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as 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−$1351.350% of the position
Funding, last 7 days+1.138%+$114 on $10k
+Price spread, last 4 days (all we have)+0.027%+$3 · spread now −0.169%, 7d avg −0.305%
=Together, before fees+1.165%+ Points / potential airdropedgeX: Active · farm board+$117 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Paragon is 0.136% dearer against edgeX than usual: you sell high and buy low (spread −0.169% now, against its 7-day average of −0.305%): +$14 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.5 days. Mind the row above: over the last 7 days funding on this pair paid +1.138%, so the current rate has only just turned against you. The two prices were read 48 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 | 17.014 | 0.0246 | pay 0.0123% / 4h | 3h 48m | $12K | $244K | 10x |
| Short | Paragon para:SOFI | 16.985 | 0.0060 | get 0.0008% / 1h | 48m 26s | $100K | $44K | 10x |
edgeX SOFIUSDC
Paragon para:SOFIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon 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
- −$38.97
- Price spread: −0.169% → −0.305%
- $13.64
- Slippage, 4 orders
- −$115.99
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- −$160.32
- Costs to cover
- 1.350%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 4 min ago; Paragon: live order book, 37 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, 4 min ago | 11.76 bp | 33.2 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell Paragon live order book, 37 min ago | 28.52 bp | 33.5 bp −$34 | 147.6 bp −$1,476 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate SOFI_USDT | 0.0000% | 8h | 17.023 | +0.054% | $159K | $13K | 20x | as long as short |
| Bitget SOFIUSDT | 0.0000% | 8h | 16.999 | −0.087% | $539K | $154K | 20x | as long as short |
| Bybit SOFIUSDT | +0.0019% | 8h | 17.020 | +0.037% | $543K | $841K | 25x | as long as short |
| Lighter RH SOFI | +0.0032% | 1h | 17.024 | +0.060% | $31K | $16K | 10x | as long as short |
| Injective SOFI/USDC PERP | +0.0033% | 1h | 17.080 | +0.389% | $16K | $20K | 5.5x | as long as short |
| Extended SOFI-USD | +0.0040% | 1h | 16.995 | −0.110% | $2K | $363 | 5x | as long as short |
| Paragon para:SOFIshort | +0.0060% | 1h | 16.985 | −0.169% | $100K | $44K | 10x | |
| edgeX SOFIUSDClong | +0.0246% | 4h | 17.014 | long leg | $12K | $244K | 10x | |
| Binance SOFIUSDT | +0.0780% | 8h | 17.010 | −0.022% | $1.6M | $716K | 25x | as long as short |
Gate SOFI_USDT
Bitget SOFIUSDT
Bybit SOFIUSDT
Lighter RH SOFI
Injective SOFI/USDC PERP
Extended SOFI-USD
Binance SOFIUSDT