Funding you earn now, next payment 10:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.03 per $10,000 · paid last 24h −0.272%
Price spread now: Extended against Paragon−0.024%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
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Extended is 0.024% cheaper against Paragon than usual: you would sell low and buy high (−$2 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 | Paragon para:SOFI | 16.995 | 0.0060 | pay 0.0008% / 1h | 17m 37s | $100K | $44K | 10x |
| Short | Extended SOFI-USD | 16.991 | 0.0040 | get 0.0005% / 1h | 17m 37s | $2K | $363 | 5x |
Paragon para:SOFI
Extended SOFI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Paragon. 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
- −$4.2
- Price spread: −0.024% → 0.000%
- −$2.41
- Slippage, 4 orders
- no order book: not counted
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$21.61
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Paragon: live order book, 24 min ago; Extended: 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 Paragon live order book, 24 min ago | 29.16 bp | 34.2 bp −$34 | 113.4 bp −$1,134 | doesn't fit | doesn't fit |
| Sell Extended no order-book sample | — | — | — | — | — |
Extended: 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 exchanges
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 | 17.030 | +0.205% | $568K | $686K | 25x | as long as short |
| Gate SOFI_USDT | 0.0000% | 8h | 17.036 | +0.241% | $168K | $15K | 20x | as long as short |
| Bitget SOFIUSDT | 0.0000% | 8h | 17.009 | +0.082% | $625K | $190K | 20x | as long as short |
| Injective SOFI/USDC PERP | +0.0033% | 1h | 17.080 | +0.500% | $16K | $20K | 5.5x | as long as short |
| Extended SOFI-USDshort | +0.0040% | 1h | 16.991 | −0.024% | $2K | $363 | 5x | |
| Paragon para:SOFIlong | +0.0060% | 1h | 16.995 | long leg | $100K | $44K | 10x | |
| Lighter RH SOFI | +0.0232% | 1h | 17.027 | +0.188% | $39K | $25K | 10x | as long as short |
| edgeX SOFIUSDC | +0.0840% | 4h | 17.025 | +0.177% | $12K | $245K | 10x | as long as short |
| Binance SOFIUSDT | +0.0951% | 8h | 17.029 | +0.202% | $1.7M | $769K | 25x | as long as short |
Bybit SOFIUSDT
Gate SOFI_USDT
Bitget SOFIUSDT
Injective SOFI/USDC PERP
Lighter RH SOFI
edgeX SOFIUSDC
Binance SOFIUSDT