Settings8H · net · $10k
Funding arb · Price arb /

SMCI

RWAall SMCI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.18 per $10,000 · paid last 24h −0.005%
Price spread now: BloFin against Binance+0.024%51s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.024% dearer against Binance than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SMCIUSDT41.2400.0083pay 0.0083% / 8h3h 20m$3.4M$5.3M20x
ShortBloFin SMCI-USDT41.2500.0101get 0.0101% / 8h3h 20m$79K$9K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Binance. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$3.82
Price spread: +0.024% → 0.000%
$2.42
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$15.76
Costs to cover
0.220%
Break-even
35.9 days
Slippage unknown: Binance: live order book, 2 min ago; BloFin: 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 2 min ago2.43 bp12.2 bp −$1241.6 bp −$416doesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: 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.

SMCI on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective SMCI/USDC PERP−0.0220%1h40.820−1.018%$4K$9212xas long as short
Bybit SMCIUSDT0.0000%8h41.210−0.073%$1.0M$306K25xas long as short
OKX SMCI-USDT-SWAP0.0000%8h41.270+0.073%$686K$1.1M20xas long as short
Gate SMCI_USDT0.0000%8h41.230−0.024%$1.5M$1.6M20xas long as short
Bitget SMCIUSDT0.0000%8h41.224−0.039%$1.3M$501K20xas long as short
Variational Omni SMCI0.0000%8h41.273+0.079%$107K$120Kas long as short
Phemex SMCIUSDT0.0000%8h41.260+0.048%$1.6M$254K10xas long as short
QFEX SMCI-USD+0.0032%1h41.2400.000%$1.1M$1.8M10xas long as short
Lighter RH SMCI+0.0032%1h41.212−0.068%$32K$5K10xas long as short
GRVT SMCI_USDT_Perp+0.0036%8h41.271+0.075%$275$163K10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX SMCI-USD+0.0050%1h41.230−0.024%$147$3K10xas long as short
Extended SMCI-USD+0.0080%1h41.219−0.051%$579$10K10xas long as short
Binance SMCIUSDTlong+0.0083%8h41.240long leg$3.4M$5.3M20x
KuCoin SMCIUSDTM+0.0100%8h41.190−0.121%$460K$476K20xas long as short
HTX SMCI-USDT+0.0100%8h41.280+0.097%$8K$286K10xas long as short
BloFin SMCI-USDTshort+0.0101%8h41.250+0.024%$79K$9K20x
Paragon para:SMCI+0.0227%1h41.175−0.158%$158K$265K10xas long as short