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

SOFI

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Alert: funding
Alert: spread
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
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 airdropExtended: Active · farm boardneeds both histories
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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended SOFI-USD16.9950.0040pay 0.0005% / 1h33m 27s$2K$3635x
ShortBinance SOFIUSDT16.9720.0546get 0.0546% / 8h1h 33m$1.6M$728K25x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Extended no order-book sample
Sell Binance live order book, 15 min ago5.87 bp21.5 bp −$2274.4 bp −$744doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SOFIUSDT0.0000%8h16.980−0.088%$539K$839K25xas long as short
Gate SOFI_USDT0.0000%8h16.980−0.088%$168K$16K20xas long as short
Bitget SOFIUSDT0.0000%8h16.986−0.053%$541K$152K20xas long as short
Lighter RH SOFI+0.0032%1h16.982−0.076%$31K$16K10xas long as short
Injective SOFI/USDC PERP+0.0033%1h17.080+0.500%$16K$20K5.5xas long as short
Extended SOFI-USDlong+0.0040%1h16.995long leg$2K$3635x
Paragon para:SOFI+0.0060%1h16.950−0.265%$100K$44K10xas long as short
edgeX SOFIUSDC+0.0155%4h16.983−0.072%$12K$244K10xas long as short
Binance SOFIUSDTshort+0.0546%8h16.972−0.133%$1.6M$728K25x