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

SOFI

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0838%/8h= +91.8% APRpaid last 24h +0.071%
Price spread now: edgeX against Extended+0.077%93s7-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 airdropExtended: Active · edgeX: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and edgeX is 0.077% dearer against Extended than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended SOFI-USD16.9950.0040pay 0.0005% / 1h51m 48s$2K$3635x
ShortedgeX SOFIUSDC17.0080.0878get 0.0439% / 4h2h 51m$12K$244K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$176.04
Price spread: +0.077% → 0.000%
$7.73
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$169.78
Costs to cover
0.140%
Break-even
0.2 days
Slippage unknown: Extended: no order-book sample; edgeX: live order book, 60 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 edgeX live order book, 60 min ago11.76 bp34.4 bp −$34doesn't fitdoesn'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
Gate SOFI_USDT0.0000%8h16.998+0.018%$159K$13K20xas long as short
Bitget SOFIUSDT0.0000%8h16.993−0.012%$539K$150K20xas 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+0.0064%1h16.975−0.118%$100K$44K10xas long as short
Bybit SOFIUSDT+0.0094%8h17.010+0.088%$542K$841K25xas long as short
Lighter RH SOFI+0.0120%1h17.013+0.106%$31K$16K10xas long as short
Binance SOFIUSDT+0.0680%8h17.010+0.088%$1.6M$716K25xas long as short
edgeX SOFIUSDCshort+0.0878%4h17.008+0.077%$12K$244K10x