Funding you earn now, next payment 01:00 UTC+0.1257%/8h= +137.7% APRnext payment +$1.57 per $10,000 · paid last 24h +0.062%
Price spread now: Paragon against Injective−0.527%95s7-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
Funding pays, the price is against you. Paragon is 0.527% cheaper against Injective than usual: you would sell low and buy high (spread −0.527% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$53 on $10k: about 34 hours of funding at the current rate (+$38 a day). The two prices were read 95 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 | 53m 42s | $16K | $20K | 5.5x |
| Short | Paragon para:SOFI | 16.990 | 0.1291 | get 0.0161% / 1h | 53m 42s | $104K | $43K | 10x |
Injective SOFI/USDC PERP
Paragon para:SOFIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon 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
- $264.04
- Price spread: −0.527% → 0.000%
- −$52.69
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- $201.33
- Costs to cover
- 0.100%
- Break-even
- 1.7 days
Slippage unknown: Injective: no order-book sample; Paragon: live order book, 2 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 Paragon live order book, 2 min ago | 18.81 bp | 42.8 bp −$43 | 170.7 bp −$1,707 | 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 | −0.0670% | 4h | 17.040 | −0.231% | $12K | $244K | 10x | as long as short |
| Gate SOFI_USDT | 0.0000% | 8h | 17.030 | −0.293% | $159K | $13K | 20x | as long as short |
| Bitget SOFIUSDT | 0.0000% | 8h | 17.019 | −0.357% | $491K | $130K | 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 | +0.0512% | 1h | 17.045 | −0.205% | $30K | $16K | 10x | as long as short |
| Bybit SOFIUSDT | +0.0655% | 8h | 17.040 | −0.234% | $533K | $844K | 25x | as long as short |
| Binance SOFIUSDT | +0.1069% | 8h | 17.045 | −0.202% | $1.6M | $672K | 25x | as long as short |
| Paragon para:SOFIshort | +0.1291% | 1h | 16.990 | −0.527% | $104K | $43K | 10x |
edgeX SOFIUSDC
Gate SOFI_USDT
Bitget SOFIUSDT
Extended SOFI-USD
Lighter RH SOFI
Bybit SOFIUSDT
Binance SOFIUSDT