Funding you earn now, next payment 03:00 UTC−0.0007%/8h= −0.7% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Injective against Extended+0.500%100s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Injective is 0.500% dearer against Extended than usual: you sell high and buy low, +$50 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 100 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 | Extended SOFI-USD | 16.995 | 0.0040 | pay 0.0005% / 1h | 31m 40s | $2K | $363 | 5x |
| Short | Injective SOFI/USDC PERP | 17.080 | 0.0033 | get 0.0004% / 1h | 31m 40s | $16K | $20K | 5.5x |
Extended SOFI-USD
Injective SOFI/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$1.4
- Price spread: +0.500% → 0.000%
- $50.01
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $43.59
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Extended: no order-book sample; Injective: no order-book sample. 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 Injective no order-book sample | — | — | — | — | — |
Extended and Injective: 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 | 17.000 | +0.029% | $535K | $828K | 25x | as long as short |
| Gate SOFI_USDT | 0.0000% | 8h | 17.013 | +0.106% | $159K | $13K | 20x | as long as short |
| Bitget SOFIUSDT | 0.0000% | 8h | 16.994 | −0.006% | $537K | $154K | 20x | as long as short |
| Injective SOFI/USDC PERPshort | +0.0033% | 1h | 17.080 | +0.500% | $16K | $20K | 5.5x | |
| Extended SOFI-USDlong | +0.0040% | 1h | 16.995 | long leg | $2K | $363 | 5x | |
| edgeX SOFIUSDC | +0.0153% | 4h | 17.015 | +0.120% | $12K | $245K | 10x | as long as short |
| Lighter RH SOFI | +0.0168% | 1h | 17.020 | +0.147% | $30K | $16K | 10x | as long as short |
| Paragon para:SOFI | +0.0714% | 1h | 16.980 | −0.088% | $100K | $44K | 10x | as long as short |
| Binance SOFIUSDT | +0.1125% | 8h | 17.010 | +0.088% | $1.6M | $702K | 25x | as long as short |
Bybit SOFIUSDT
Gate SOFI_USDT
Bitget SOFIUSDT
edgeX SOFIUSDC
Lighter RH SOFI
Paragon para:SOFI
Binance SOFIUSDT