Settings8H · net · $10k
Funding arb · Price arb /

SOFI

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.046%
Price spread now: Gate against Lighter RH−0.094%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno 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 Gate is 0.094% cheaper against Lighter RH than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SOFI17.0130.0104pay 0.0013% / 1h51m 11s$31K$16K10x
ShortGate SOFI_USDT16.9970get 0.0000% / 8h2h 51m$159K$13K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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 it
latest
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: −0.094% → 0.000%
−$9.4
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$46.24
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Lighter RH: no order-book sample; Gate: live order book, 55 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter RH no order-book sample
Sell Gate live order book, 55 min ago19.14 bp28.5 bp −$29doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SOFI_USDTshort0.0000%8h16.997−0.094%$159K$13K20x
Bitget SOFIUSDT0.0000%8h16.993−0.118%$539K$150K20xas long as short
Injective SOFI/USDC PERP+0.0033%1h17.080+0.394%$16K$20K5.5xas long as short
Extended SOFI-USD+0.0040%1h16.995−0.106%$2K$3635xas long as short
Paragon para:SOFI+0.0061%1h16.980−0.194%$100K$44K10xas long as short
Bybit SOFIUSDT+0.0090%8h17.000−0.076%$541K$841K25xas long as short
Lighter RH SOFIlong+0.0104%1h17.013long leg$31K$16K10x
edgeX SOFIUSDC+0.0334%4h17.007−0.037%$12K$244K10xas long as short
Binance SOFIUSDT+0.0680%8h17.008−0.031%$1.6M$716K25xas long as short