Funding you earn now, next payment 06:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h −0.011%
Price spread now: Bitget against Injective−0.556%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.556% cheaper against Injective than usual: you would sell low and buy high (−$56 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective SOFI/USDC PERP | 17.080 | 0.0033 | pay 0.0004% / 1h | 19m 00s | $16K | $20K | 5.5x |
| Short | Bitget SOFIUSDT | 16.985 | 0 | get 0.0000% / 8h | 2h 19m | $540K | $151K | 20x |
Injective SOFI/USDC PERP
Bitget SOFIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Injective. 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: −0.556% → 0.000%
- −$55.62
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$74.64
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Bitget: live order book, 22 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 22 min ago | 9.70 bp | 45.9 bp −$46 | 55.3 bp −$553 | doesn't fit | doesn't fit |
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 | −0.468% | $542K | $838K | 25x | as long as short |
| Gate SOFI_USDT | 0.0000% | 8h | 17.002 | −0.457% | $159K | $13K | 20x | as long as short |
| Bitget SOFIUSDTshort | 0.0000% | 8h | 16.985 | −0.556% | $540K | $151K | 20x | |
| Lighter RH SOFI | +0.0032% | 1h | 17.004 | −0.445% | $31K | $16K | 10x | as long as short |
| Injective SOFI/USDC PERPlong | +0.0033% | 1h | 17.080 | long leg | $16K | $20K | 5.5x | |
| Extended SOFI-USD | +0.0040% | 1h | 16.995 | −0.498% | $2K | $363 | 5x | as long as short |
| Paragon para:SOFI | +0.0060% | 1h | 16.962 | −0.691% | $100K | $44K | 10x | as long as short |
| edgeX SOFIUSDC | +0.0574% | 4h | 17.002 | −0.458% | $12K | $245K | 10x | as long as short |
| Binance SOFIUSDT | +0.0623% | 8h | 17.000 | −0.468% | $1.6M | $719K | 25x | as long as short |
Bybit SOFIUSDT
Gate SOFI_USDT
Lighter RH SOFI
Extended SOFI-USD
Paragon para:SOFI
edgeX SOFIUSDC
Binance SOFIUSDT