TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
My profile →
My profile
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG16.86400.0000% / 8h2h 24m$133K$350K20xLong Variational Omni+15% pts
SHORT16.86600.0000% / 8h2h 24m$2.5M$4.5M25xShort Binance
Price gap+0.016%
Funding gap0.0000% /8h

Funding is ≈ 0 and the gap is 0.117% under its 7d average: the price leg works against you, −$12 on $10k if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$20.0000% /8h now · paid +0.024% over the last 7D
Price−$12spread +0.016% now, avg +0.133% → −0.117% if it goes back
Costs−$1181.183% of $10k · taker + slippage, in and out
Result−$128−1.28%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.016%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

SOFI on 16 exchanges

lowest funding first

Before you open

2 ok · 4 to watch
  • Watch: Thin at this size35.6 / 21.6 bp
    At $10k entering Variational Omni costs 35.6 bp, fee and slippage, 1.7× Binance’s.
  • Note: Margin at max leverage$500 + $400
    Variational Omni 20x, Binance 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval8h / 8h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: $0.00Long Variational Omni: 3 payments, $0.00; short Binance: 3 payments, $0.00.
  • Watch: Gap narrower than usual+0.016% vs +0.133%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Long leg is thinner$133K vs $2.5M OI
    Variational Omni sets your exit cost. Check its book before closing.
  • OK: Points on a legVariational Omni points
    Volume here counts toward the points program.
  • Watch: KYCVariational Omni No · Binance Yes
    Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0011%/8h × 21 periods+$2.41
Price spread+0.016% → +0.133% (7d avg)−$11.69
Slippage, 4 orderslive order books−$110.27
Fee Variational Omni bp × 2 orders$0.00
Fee Binance bp × 2 orders−$8.00
Net · 7 days · $10k−$127.54
Costs to cover1.183%Break-even376.8 days
Slippage: Variational Omni: RFQ quote, 8 min ago; Binance: live order book, 7 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGVariational Omni5.5135.6 bp−$3665.7 bp−$657doesn’t fitdoesn’t fit
SELL · SHORTBinance5.9221.6 bp−$2262.8 bp−$628doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

SOFI news

posts that mention SOFI or SoFi Technologies, from every exchangeSearch all news →
10-28 08:42BitgetOther$SOFI surged after beating both EPS and revenue expectations. What's your take on the move? @bitget on X ↗
10-23 16:53BackpackOtherEarnings & macro to watch for Oct 26–30 ▸ Macro: Fed decision, GDP, PCE ▸ Tech & AI: $GOOGL $MSFT $AMZN $INTC $SKHY $SNDK $VRT ▸ Crypto & finance: $HOOD $COIN $SOFI $V $MSTR ▸ Healthcare: $LLY $ABBV ▸ Energy: $XOM $CVX Full market calendar → @Backpack on X ↗
10-14 09:14OKXListingnew market SOFI-USDT-SWAP ($SOFI) seen by our collector
10-12 09:00KuCoinListingnew market SOFIUSDTM ($SOFI) seen by our collector
10-08 18:33AvantisOther3/ Mobility and fintech $UBER: rides, delivery and robotaxis. $GRAB: Southeast Asia superapp for rides, food and payments. $SOFI: the digital bank for loans, banking and investing. @verantaxyz on X ↗
10-07 16:51AvantisListingnew market SOFI/USD ($SOFI) seen by our collector