Funding you earn now, next payment 07:00 UTC+0.0506%/8h= +55.5% APRpaid last 24h +0.205%
Price spread now: Binance against Extended−0.133%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Binance is 0.133% cheaper against Extended than usual: you would sell low and buy high (spread −0.133% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 21 hours of funding at the current rate (+$15 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SOFI-USD | 16.995 | 0.0040 | pay 0.0005% / 1h | 33m 27s | $2K | $363 | 5x |
| Short | Binance SOFIUSDT | 16.972 | 0.0546 | get 0.0546% / 8h | 1h 33m | $1.6M | $728K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Extended. 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
- $106.36
- Price spread: −0.133% → 0.000%
- −$13.29
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $78.06
- Costs to cover
- 0.150%
- Break-even
- 1.9 days
Slippage unknown: Extended: no order-book sample; Binance: live order book, 15 min ago. Net counts fees only.
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 Extended no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 15 min ago | 5.87 bp | 21.5 bp −$22 | 74.4 bp −$744 | doesn't fit | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SOFIUSDT | 0.0000% | 8h | 16.980 | −0.088% | $539K | $839K | 25x | as long as short |
| Gate SOFI_USDT | 0.0000% | 8h | 16.980 | −0.088% | $168K | $16K | 20x | as long as short |
| Bitget SOFIUSDT | 0.0000% | 8h | 16.986 | −0.053% | $541K | $152K | 20x | as long as short |
| Lighter RH SOFI | +0.0032% | 1h | 16.982 | −0.076% | $31K | $16K | 10x | as long as short |
| Injective SOFI/USDC PERP | +0.0033% | 1h | 17.080 | +0.500% | $16K | $20K | 5.5x | as long as short |
| Extended SOFI-USDlong | +0.0040% | 1h | 16.995 | long leg | $2K | $363 | 5x | |
| Paragon para:SOFI | +0.0060% | 1h | 16.950 | −0.265% | $100K | $44K | 10x | as long as short |
| edgeX SOFIUSDC | +0.0155% | 4h | 16.983 | −0.072% | $12K | $244K | 10x | as long as short |
| Binance SOFIUSDTshort | +0.0546% | 8h | 16.972 | −0.133% | $1.6M | $728K | 25x |
Extended SOFI-USD
Binance SOFIUSDT
Bybit SOFIUSDT
Gate SOFI_USDT
Bitget SOFIUSDT
Lighter RH SOFI
Injective SOFI/USDC PERP
Paragon para:SOFI
edgeX SOFIUSDC