Funding you earn now, next payment 06:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h +0.011%
Price spread now: Injective against Gate+0.459%99s7-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
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 0.459% dearer against Gate than usual: you sell high and buy low: +$46 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 99 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 | 17.002 | 0 | get 0.0000% / 8h | 2h 17m | $159K | $13K | 20x |
| Short | Injective SOFI/USDC PERP | 17.080 | 0.0033 | get 0.0004% / 1h | 17m 36s | $16K | $20K | 5.5x |
Gate SOFI_USDT
Injective SOFI/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- Price spread: +0.459% → 0.000%
- $45.88
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $37.86
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Gate: live order book, 23 min ago; 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 Gate live order book, 23 min ago | 24.43 bp | 35.8 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 | −0.012% | $542K | $838K | 25x | as long as short |
| Gate SOFI_USDTlong | 0.0000% | 8h | 17.002 | long leg | $159K | $13K | 20x | |
| Bitget SOFIUSDT | 0.0000% | 8h | 16.985 | −0.100% | $540K | $151K | 20x | as long as short |
| Lighter RH SOFI | +0.0032% | 1h | 17.004 | +0.012% | $31K | $16K | 10x | as long as short |
| Injective SOFI/USDC PERPshort | +0.0033% | 1h | 17.080 | +0.459% | $16K | $20K | 5.5x | |
| Extended SOFI-USD | +0.0040% | 1h | 16.995 | −0.041% | $2K | $363 | 5x | as long as short |
| Paragon para:SOFI | +0.0060% | 1h | 16.955 | −0.277% | $100K | $44K | 10x | as long as short |
| edgeX SOFIUSDC | +0.0574% | 4h | 17.002 | −0.001% | $12K | $245K | 10x | as long as short |
| Binance SOFIUSDT | +0.0618% | 8h | 17.000 | −0.012% | $1.6M | $719K | 25x | as long as short |
Bybit SOFIUSDT
Bitget SOFIUSDT
Lighter RH SOFI
Extended SOFI-USD
Paragon para:SOFI
edgeX SOFIUSDC
Binance SOFIUSDT