Funding you earn now, next payment 09:00 UTC+0.0172%/8h= +18.9% APRpaid last 24h +0.201%
Price spread now: Binance against Lighter RH+0.044%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Binance is 0.044% dearer against Lighter RH than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH SOFI | 16.981 | 0.0568 | pay 0.0071% / 1h | 44m 15s | $39K | $25K | 10x |
| Short | Binance SOFIUSDT | 16.988 | 0.0740 | get 0.0740% / 8h | 7h 44m | $1.7M | $778K | 25x |
Lighter RH SOFI
Binance SOFIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Lighter RH. 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
- $36.15
- Price spread: +0.044% → 0.000%
- $4.39
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $30.54
- Costs to cover
- 0.100%
- Break-even
- 1.1 days
Slippage unknown: Lighter RH: no order-book sample; Binance: live order book, 4 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 Lighter RH no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 4 min ago | 2.95 bp | 17.8 bp −$18 | 71.3 bp −$713 | doesn't fit | doesn't fit |
Lighter RH: 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 | 16.960 | −0.124% | $566K | $791K | 25x | as long as short |
| Gate SOFI_USDT | 0.0000% | 8h | 16.986 | +0.029% | $168K | $15K | 20x | as long as short |
| Bitget SOFIUSDT | 0.0000% | 8h | 16.953 | −0.165% | $603K | $183K | 20x | as long as short |
| Injective SOFI/USDC PERP | +0.0033% | 1h | 17.080 | +0.583% | $16K | $20K | 5.5x | as long as short |
| Extended SOFI-USD | +0.0040% | 1h | 16.930 | −0.300% | $2K | $363 | 5x | as long as short |
| edgeX SOFIUSDC | +0.0510% | 4h | 16.964 | −0.103% | $12K | $245K | 10x | as long as short |
| Lighter RH SOFIlong | +0.0568% | 1h | 16.981 | long leg | $39K | $25K | 10x | |
| Binance SOFIUSDTshort | +0.0740% | 8h | 16.988 | +0.044% | $1.7M | $778K | 25x | |
| Paragon para:SOFI | +2.9890% | 1h | 16.925 | −0.330% | $100K | $44K | 10x | as long as short |
Bybit SOFIUSDT
Gate SOFI_USDT
Bitget SOFIUSDT
Injective SOFI/USDC PERP
Extended SOFI-USD
edgeX SOFIUSDC
Paragon para:SOFI