Funding you earn now, next payment 09:00 UTC−0.0511%/8h= −56.0% APRpaid last 24h +0.087%
Price spread now: edgeX against Lighter RH+0.027%50s7-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 · edgeX: Active · farm boardneeds both histories
The price spread pays, funding is against you. edgeX is 0.027% dearer against Lighter RH than usual: you sell high and buy low (spread +0.027% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 4 hours. The two prices were read 50 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 | Lighter RH SOFI | 16.979 | 0.0560 | pay 0.0070% / 1h | 42m 50s | $39K | $25K | 10x |
| Short | edgeX SOFIUSDC | 16.984 | 0.0049 | get 0.0024% / 4h | 3h 42m | $12K | $246K | 10x |
Lighter RH SOFI
edgeX SOFIUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$107.38
- Price spread: +0.027% → 0.000%
- $2.67
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$113.71
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Lighter RH: no order-book sample; edgeX: live order book, 54 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 edgeX live order book, 54 min ago | 14.71 bp | 38.2 bp −$38 | doesn't fit | 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 | −0.112% | $566K | $791K | 25x | as long as short |
| Gate SOFI_USDT | 0.0000% | 8h | 16.986 | +0.041% | $168K | $15K | 20x | as long as short |
| Bitget SOFIUSDT | 0.0000% | 8h | 16.953 | −0.153% | $603K | $183K | 20x | as long as short |
| Injective SOFI/USDC PERP | +0.0033% | 1h | 17.080 | +0.595% | $16K | $20K | 5.5x | as long as short |
| Extended SOFI-USD | +0.0040% | 1h | 16.930 | −0.289% | $2K | $363 | 5x | as long as short |
| edgeX SOFIUSDCshort | +0.0049% | 4h | 16.984 | +0.027% | $12K | $246K | 10x | |
| Lighter RH SOFIlong | +0.0560% | 1h | 16.979 | long leg | $39K | $25K | 10x | |
| Binance SOFIUSDT | +0.0746% | 8h | 16.990 | +0.065% | $1.7M | $778K | 25x | as long as short |
| Paragon para:SOFI | +2.8175% | 1h | 16.925 | −0.315% | $100K | $44K | 10x | as long as short |
Bybit SOFIUSDT
Gate SOFI_USDT
Bitget SOFIUSDT
Injective SOFI/USDC PERP
Extended SOFI-USD
Binance SOFIUSDT
Paragon para:SOFI