Funding you earn now, next payment 04:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.037%
Price spread now: Lighter RH against Paragon+0.073%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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. Lighter RH is 0.073% dearer against Paragon than usual: you sell high and buy low (spread +0.073% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paragon para:SOFI | 17.003 | 0.0099 | pay 0.0012% / 1h | 39m 16s | $100K | $44K | 10x |
| Short | Lighter RH SOFI | 17.015 | 0.0032 | get 0.0004% / 1h | 39m 16s | $31K | $17K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- −$14.07
- Price spread: +0.073% → 0.000%
- $7.29
- Slippage, 4 orders
- no order book: not counted
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$16.78
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Paragon: live order book, 56 min ago; Lighter RH: 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, 56 min ago | 24.42 bp | 38.2 bp −$38 | 171.6 bp −$1,716 | doesn't fit | doesn't fit |
| Sell Lighter RH no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SOFIUSDC | −0.0090% | 4h | 17.022 | +0.112% | $12K | $243K | 10x | as long as short |
| Bybit SOFIUSDT | 0.0000% | 8h | 17.050 | +0.279% | $541K | $832K | 25x | as long as short |
| Gate SOFI_USDT | 0.0000% | 8h | 17.018 | +0.091% | $159K | $13K | 20x | as long as short |
| Bitget SOFIUSDT | 0.0000% | 8h | 16.997 | −0.033% | $537K | $154K | 20x | as long as short |
| Lighter RH SOFIshort | +0.0032% | 1h | 17.015 | +0.073% | $31K | $17K | 10x | |
| Injective SOFI/USDC PERP | +0.0033% | 1h | 17.080 | +0.455% | $16K | $20K | 5.5x | as long as short |
| Extended SOFI-USD | +0.0040% | 1h | 16.995 | −0.045% | $2K | $363 | 5x | as long as short |
| Paragon para:SOFIlong | +0.0099% | 1h | 17.003 | long leg | $100K | $44K | 10x | |
| Binance SOFIUSDT | +0.0965% | 8h | 17.015 | +0.074% | $1.6M | $709K | 25x | as long as short |
Paragon para:SOFI
Lighter RH SOFI
edgeX SOFIUSDC
Bybit SOFIUSDT
Gate SOFI_USDT
Bitget SOFIUSDT
Injective SOFI/USDC PERP
Extended SOFI-USD
Binance SOFIUSDT