Funding you earn now, next payment 10:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.050%
Price spread now: Bybit against Lighter RH−0.106%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.106% cheaper against Lighter RH than usual: you would sell low and buy high (−$11 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 | Lighter RH SOFI | 17.028 | 0.0104 | pay 0.0013% / 1h | 58m 47s | $39K | $25K | 10x |
| Short | Bybit SOFIUSDT | 17.010 | 0 | get 0.0000% / 8h | 6h 58m | $569K | $718K | 25x |
Lighter RH SOFI
Bybit SOFIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$21.84
- Price spread: −0.106% → 0.000%
- −$10.57
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$43.41
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Lighter RH: no order-book sample; Bybit: live order book, 31 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 Bybit live order book, 31 min ago | 5.91 bp | 22.3 bp −$22 | 67.6 bp −$676 | 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 SOFIUSDTshort | 0.0000% | 8h | 17.010 | −0.106% | $569K | $718K | 25x | |
| Gate SOFI_USDT | 0.0000% | 8h | 17.032 | +0.023% | $168K | $15K | 20x | as long as short |
| Bitget SOFIUSDT | 0.0000% | 8h | 17.000 | −0.164% | $623K | $192K | 20x | as long as short |
| Injective SOFI/USDC PERP | +0.0033% | 1h | 17.080 | +0.305% | $16K | $20K | 5.5x | as long as short |
| Extended SOFI-USD | +0.0040% | 1h | 16.995 | −0.194% | $2K | $363 | 5x | as long as short |
| Paragon para:SOFI | +0.0060% | 1h | 16.995 | −0.194% | $100K | $44K | 10x | as long as short |
| Lighter RH SOFIlong | +0.0104% | 1h | 17.028 | long leg | $39K | $25K | 10x | |
| edgeX SOFIUSDC | +0.0703% | 4h | 17.012 | −0.093% | $12K | $246K | 10x | as long as short |
| Binance SOFIUSDT | +0.0866% | 8h | 17.029 | +0.004% | $1.7M | $769K | 25x | as long as short |
Gate SOFI_USDT
Bitget SOFIUSDT
Injective SOFI/USDC PERP
Extended SOFI-USD
Paragon para:SOFI
edgeX SOFIUSDC
Binance SOFIUSDT