TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG17.17000.0000% / 8h4h 03m$30K$931K20xLong KuCoin
SHORT17.14700.0000% / 8h4h 03m$142K$318K20xShort Variational Omni+15% pts
Price gap−0.136%
Funding gap0.0000% /8h

Funding is ≈ 0 and the gap is 0.081% under its 7d average: the price leg works against you, −$8 on $10k if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding$00.0000% /8h now · paid +0.001% over the last 7D
Price−$8spread −0.136% now, avg −0.054% → −0.081% if it goes back
Costs−$5815.807% of $10k · taker + slippage, in and out
Result−$589−5.89%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.136%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

SOFI on 16 exchanges

lowest funding first

Before you open

2 ok · 4 to watch
  • Watch: Thin at this size315.0 / 30.5 bp
    At $10k entering KuCoin costs 315.0 bp, fee and slippage, 10.3× Variational Omni’s.
  • Note: Margin at max leverage$500 + $500
    KuCoin 20x, Variational Omni 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval8h / 8h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: $0.00Long KuCoin: 3 payments, $0.00; short Variational Omni: 3 payments, $0.00.
  • Watch: Gap narrower than usual−0.136% vs −0.054%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Long leg is thinner$30K vs $142K OI
    KuCoin sets your exit cost. Check its book before closing.
  • OK: Points on a legVariational Omni points
    Volume here counts toward the points program.
  • Watch: KYCKuCoin Yes · Variational Omni No
    Standard KYC (ID and face check) for any product since Aug 2023.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0001%/8h × 21 periods+$0.15
Price spread−0.136% → −0.054% (7d avg)−$8.13
Slippage, 4 orderslive order books−$568.73
Fee KuCoin bp × 2 orders−$12.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$588.71
Costs to cover5.807%Break-even27488.6 days
Slippage: KuCoin: live order book, 69 min ago; Variational Omni: RFQ quote, 39 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGKuCoin23.60315.0 bp−$315doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTVariational Omni9.5030.5 bp−$3151.6 bp−$516doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

SOFI news

posts that mention SOFI or SoFi Technologies, from every exchangeSearch all news →
10-28 08:42BitgetOther$SOFI surged after beating both EPS and revenue expectations. What's your take on the move? @bitget on X ↗
10-23 16:53BackpackOtherEarnings & macro to watch for Oct 26–30 ▸ Macro: Fed decision, GDP, PCE ▸ Tech & AI: $GOOGL $MSFT $AMZN $INTC $SKHY $SNDK $VRT ▸ Crypto & finance: $HOOD $COIN $SOFI $V $MSTR ▸ Healthcare: $LLY $ABBV ▸ Energy: $XOM $CVX Full market calendar → @Backpack on X ↗
10-14 09:14OKXListingnew market SOFI-USDT-SWAP ($SOFI) seen by our collector
10-12 09:00KuCoinListingnew market SOFIUSDTM ($SOFI) seen by our collector
10-08 18:33AvantisOther3/ Mobility and fintech $UBER: rides, delivery and robotaxis. $GRAB: Southeast Asia superapp for rides, food and payments. $SOFI: the digital bank for loans, banking and investing. @verantaxyz on X ↗
10-07 16:51AvantisListingnew market SOFI/USD ($SOFI) seen by our collector