Funding you earn now, next payment 08:00 UTC+0.0033%/8h= +3.7% APRpaid last 24h +0.083%
Price spread now: edgeX against Gate+0.010%52s7-day average +0.099% · you sell dearer than you buy
Net, funding: paid 7d − costs−$171as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1391.390% of the position
Funding, last 7 days−0.322%−$32 on $10k
+Price spread, last 4 days (all we have)+0.050%+$5 · spread now +0.010%, 7d avg +0.099%
=Together, before fees−0.272%+ Points / potential airdropedgeX: Active · farm board−$27 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.090% cheaper against Gate than usual: you would sell low and buy high (spread +0.010% now, against its 7-day average of +0.099%). If the spread goes back, that is −$9 on $10k: about 8.9 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.322%, so the current rate has only just turned in your favour. The two prices were read 52 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 | Gate SOFI_USDT | 17.000 | 0 | get 0.0000% / 8h | 2h 14m | $159K | $13K | 20x |
| Short | edgeX SOFIUSDC | 17.002 | 0.0033 | get 0.0017% / 4h | 2h 14m | $12K | $245K | 10x |
Gate SOFI_USDT
edgeX SOFIUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Gate. 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
- $7.03
- Price spread: +0.010% → +0.099%
- −$8.98
- Slippage, 4 orders
- −$114.95
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$140.9
- Costs to cover
- 1.390%
- Break-even
- 147.3 days
Slippage from Gate: live order book, 26 min ago; edgeX: live order book, 33 min ago.
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 Gate live order book, 26 min ago | 24.43 bp | 35.8 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 33 min ago | 11.76 bp | 33.5 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
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 | 16.990 | −0.059% | $541K | $838K | 25x | as long as short |
| Gate SOFI_USDTlong | 0.0000% | 8h | 17.000 | long leg | $159K | $13K | 20x | |
| Bitget SOFIUSDT | 0.0000% | 8h | 16.984 | −0.094% | $540K | $151K | 20x | as long as short |
| Lighter RH SOFI | +0.0032% | 1h | 17.001 | +0.006% | $31K | $16K | 10x | as long as short |
| Injective SOFI/USDC PERP | +0.0033% | 1h | 17.080 | +0.471% | $16K | $20K | 5.5x | as long as short |
| edgeX SOFIUSDCshort | +0.0033% | 4h | 17.002 | +0.010% | $12K | $245K | 10x | |
| Extended SOFI-USD | +0.0040% | 1h | 16.995 | −0.029% | $2K | $363 | 5x | as long as short |
| Paragon para:SOFI | +0.0060% | 1h | 16.945 | −0.324% | $100K | $44K | 10x | as long as short |
| Binance SOFIUSDT | +0.0611% | 8h | 17.000 | 0.000% | $1.6M | $719K | 25x | as long as short |
Bybit SOFIUSDT
Bitget SOFIUSDT
Lighter RH SOFI
Injective SOFI/USDC PERP
Extended SOFI-USD
Paragon para:SOFI
Binance SOFIUSDT