Funding you earn now, next payment 09:00 UTC−0.0535%/8h= −58.5% APRnext payment −$0.67 per $10,000 · paid last 24h −0.039%
Price spread now: Injective against Lighter RH+0.583%67s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
The price spread pays, funding is against you. Injective is 0.583% dearer against Lighter RH than usual: you sell high and buy low (spread +0.583% now, against zero (this spread has no 7-day history yet)): +$58 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 3.6 days. The two prices were read 67 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 | 16.981 | 0.0568 | pay 0.0071% / 1h | 43m 51s | $39K | $25K | 10x |
| Short | Injective SOFI/USDC PERP | 17.080 | 0.0033 | get 0.0004% / 1h | 43m 51s | $16K | $20K | 5.5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$112.28
- Price spread: +0.583% → 0.000%
- $58.3
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$54
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Lighter RH: no order-book sample; Injective: no order-book sample. 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 Injective no order-book sample | — | — | — | — | — |
Lighter RH and Injective: 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 PERPshort | +0.0033% | 1h | 17.080 | +0.583% | $16K | $20K | 5.5x | |
| 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 SOFIUSDT | +0.0740% | 8h | 16.989 | +0.049% | $1.7M | $778K | 25x | as long as short |
| Paragon para:SOFI | +2.9890% | 1h | 16.925 | −0.330% | $100K | $44K | 10x | as long as short |
Lighter RH SOFI
Injective SOFI/USDC PERP
Bybit SOFIUSDT
Gate SOFI_USDT
Bitget SOFIUSDT
Extended SOFI-USD
edgeX SOFIUSDC
Binance SOFIUSDT
Paragon para:SOFI