Funding you earn now, next payment 03:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h −0.011%
Price spread now: Gate against Injective−0.334%54s7-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 Gate is 0.334% cheaper against Injective than usual: you would sell low and buy high (−$33 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 54 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 | Injective SOFI/USDC PERP | 17.080 | 0.0033 | pay 0.0004% / 1h | 38m 14s | $16K | $20K | 5.5x |
| Short | Gate SOFI_USDT | 17.023 | 0 | get 0.0000% / 8h | 5h 38m | $159K | $13K | 20x |
Injective SOFI/USDC PERP
Gate SOFI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.334% → 0.000%
- −$33.37
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$55.39
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Gate: live order book, 18 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 Gate live order book, 18 min ago | 25.32 bp | 41.1 bp −$41 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SOFIUSDC | −0.0493% | 4h | 17.017 | −0.370% | $12K | $244K | 10x | as long as short |
| Bybit SOFIUSDT | 0.0000% | 8h | 16.990 | −0.527% | $535K | $828K | 25x | as long as short |
| Gate SOFI_USDTshort | 0.0000% | 8h | 17.023 | −0.334% | $159K | $13K | 20x | |
| Bitget SOFIUSDT | 0.0000% | 8h | 16.994 | −0.504% | $537K | $154K | 20x | 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 |
| Lighter RH SOFI | +0.0208% | 1h | 17.017 | −0.369% | $30K | $16K | 10x | as long as short |
| Paragon para:SOFI | +0.0732% | 1h | 16.975 | −0.615% | $100K | $44K | 10x | as long as short |
| Binance SOFIUSDT | +0.1131% | 8h | 17.010 | −0.412% | $1.6M | $702K | 25x | as long as short |
edgeX SOFIUSDC
Bybit SOFIUSDT
Bitget SOFIUSDT
Extended SOFI-USD
Lighter RH SOFI
Paragon para:SOFI
Binance SOFIUSDT