Funding you earn now, next payment 08:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.012%
Price spread now: Bitget against Extended−0.112%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
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.112% cheaper against Extended than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| 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 | 42m 07s | $2K | $363 | 5x |
| Short | Bitget SOFIUSDT | 16.976 | 0 | get 0.0000% / 8h | 42m 07s | $551K | $157K | 20x |
Extended SOFI-USD
Bitget SOFIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$8.4
- Price spread: −0.112% → 0.000%
- −$11.18
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$36.58
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Extended: no order-book sample; Bitget: live order book, 54 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 Bitget live order book, 54 min ago | 7.66 bp | 34.8 bp −$35 | 41.6 bp −$416 | 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% | $536K | $839K | 25x | as long as short |
| Gate SOFI_USDT | 0.0000% | 8h | 17.001 | +0.035% | $168K | $16K | 20x | as long as short |
| Bitget SOFIUSDTshort | 0.0000% | 8h | 16.976 | −0.112% | $551K | $157K | 20x | |
| Lighter RH SOFI | +0.0032% | 1h | 16.997 | +0.012% | $39K | $25K | 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 | 16.960 | −0.206% | $100K | $44K | 10x | as long as short |
| Binance SOFIUSDT | +0.0458% | 8h | 17.000 | +0.029% | $1.6M | $727K | 25x | as long as short |
| edgeX SOFIUSDC | +0.0517% | 4h | 16.998 | +0.020% | $12K | $245K | 10x | as long as short |
Bybit SOFIUSDT
Gate SOFI_USDT
Lighter RH SOFI
Injective SOFI/USDC PERP
Paragon para:SOFI
Binance SOFIUSDT
edgeX SOFIUSDC