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

SOFI

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Gate+0.112%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$1041.037% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.162%−$16 · spread now +0.112%, 7d avg +0.056%
Together, before fees−0.162%−$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.056% dearer against Gate than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.056%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SOFI_USDT17.0210get 0.0000% / 8h4h 00m$159K$13K20x
ShortBybit SOFIUSDT17.0400get 0.0000% / 8h4h 00m$548K$835K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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
$0
Price spread: +0.112% → +0.056%
$5.58
Slippage, 4 orders
−$77.74
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$98.17
Costs to cover
1.037%
Break-even
never at this rate
Slippage from Gate: live order book, 51 min ago; Bybit: live order book, 55 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 51 min ago27.94 bp37.5 bp −$37doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 55 min ago2.94 bp14.0 bp −$1483.6 bp −$836doesn't fitdoesn't fit

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 SOFIUSDTshort0.0000%8h17.040+0.112%$548K$835K25x
Gate SOFI_USDTlong0.0000%8h17.021long leg$159K$13K20x
Bitget SOFIUSDT0.0000%8h16.998−0.135%$539K$155K20xas long as short
Lighter RH SOFI+0.0032%1h17.022+0.006%$31K$17K10xas long as short
Injective SOFI/USDC PERP+0.0033%1h17.080+0.347%$16K$20K5.5xas long as short
Extended SOFI-USD+0.0040%1h16.995−0.153%$2K$3635xas long as short
edgeX SOFIUSDC+0.0815%4h17.011−0.057%$12K$245K10xas long as short
Binance SOFIUSDT+0.0820%8h17.010−0.065%$1.6M$713K25xas long as short
Paragon para:SOFI+0.6146%1h16.990−0.182%$100K$44K10xas long as short