Funding you earn now, next payment 09:00 UTC−2.9857%/8h= −3269.3% APRnext payment −$37.32 per $10,000 · paid last 24h −0.142%
Price spread now: Injective against Paragon+0.916%7-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—needs both histories
The price spread pays, funding is against you. Injective is 0.916% dearer against Paragon than usual: you sell high and buy low (spread +0.916% now, against zero (this spread has no 7-day history yet)): +$92 on $10k if it goes back. Holding the pair costs −$896 a day in funding at the current rate, which eats that in about 2 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paragon para:SOFI | 16.925 | 2.9890 | pay 0.3736% / 1h | 44m 13s | $100K | $44K | 10x |
| Short | Injective SOFI/USDC PERP | 17.080 | 0.0033 | get 0.0004% / 1h | 44m 13s | $16K | $20K | 5.5x |
Paragon para:SOFI
Injective SOFI/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$6,269.97
- Price spread: +0.916% → 0.000%
- $91.58
- Slippage, 4 orders
- no order book: not counted
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$6,188.41
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Paragon: live order book, 71 min ago; 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 Paragon live order book, 71 min ago | 28.89 bp | 33.9 bp −$34 | 149.3 bp −$1,493 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 | +0.207% | $566K | $791K | 25x | as long as short |
| Gate SOFI_USDT | 0.0000% | 8h | 16.986 | +0.360% | $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 | +0.916% | $16K | $20K | 5.5x | |
| Extended SOFI-USD | +0.0040% | 1h | 16.930 | +0.030% | $2K | $363 | 5x | as long as short |
| edgeX SOFIUSDC | +0.0510% | 4h | 16.964 | +0.228% | $12K | $245K | 10x | as long as short |
| Lighter RH SOFI | +0.0568% | 1h | 16.981 | +0.331% | $39K | $25K | 10x | as long as short |
| Binance SOFIUSDT | +0.0740% | 8h | 16.988 | +0.375% | $1.7M | $778K | 25x | as long as short |
| Paragon para:SOFIlong | +2.9890% | 1h | 16.925 | long leg | $100K | $44K | 10x |
Bybit SOFIUSDT
Gate SOFI_USDT
Bitget SOFIUSDT
Extended SOFI-USD
edgeX SOFIUSDC
Lighter RH SOFI
Binance SOFIUSDT