SMCI

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0145%/8h= −15.9% APRnext payment −$1.45 per $10,000 · paid last 24h −0.014%

Price spread now: Variational Omni against Binance−0.024%7-day average +0.030% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.014%−$1 on $10k

Price spread, last 2 days (all we have)+0.084%+$8 · spread now −0.024%, 7d avg +0.030%

Together, before fees+0.069%+ Points / potential airdropVariational Omni: Active · farm board+$7 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Variational Omni is 0.054% cheaper against Binance than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.030%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SMCIUSDT	41.410	0.0250	pay 0.0250% / 8h	26m 21s	$3.4M	$5.5M	20x
Short	Variational Omni SMCI	41.400	0.0105	get 0.0105% / 8h	26m 21s	$96K	$109K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Position, each leg$Hold fordaysFee BinancebpFee Variational OmnibpOrdersPrice spread, now −0.024%Rate

Funding earned: −$30.45
Price spread: −0.024% → +0.030%: −$5.39
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$45.84
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 12 min ago; Variational Omni: RFQ quote, 28 min ago. 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 Binance live order book, 12 min ago	2.41 bp	13.9 bp −$14	54.9 bp −$549	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 28 min ago	3.74 bp	doesn't fit	87.9 bp −$879	doesn't fit	doesn't fit

SMCI on 17 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
Injective SMCI/USDC PERP	−0.0220%	1h	41.010	−0.966%	$4K	$97	12x	as long as short
Bybit SMCIUSDT	0.0000%	8h	41.390	−0.048%	$1.0M	$670K	25x	as long as short
OKX SMCI-USDT-SWAP	0.0000%	8h	41.420	+0.024%	$688K	$1.1M	20x	as long as short
Gate SMCI_USDT	0.0000%	8h	41.380	−0.072%	$1.6M	$1.8M	20x	as long as short
Bitget SMCIUSDT	0.0000%	8h	41.394	−0.039%	$1.3M	$532K	20x	as long as short
Phemex SMCIUSDT	0.0000%	8h	41.390	−0.048%	$1.6M	$261K	10x	as long as short
Lighter RH SMCI	+0.0032%	1h	41.389	−0.051%	$32K	$5K	10x	as long as short
QFEX SMCI-USD	+0.0041%	1h	41.410	0.000%	$1.1M	$2.3M	10x	as long as short
SoDEX SMCI-USD	+0.0050%	1h	41.390	−0.048%	$126	$3K	10x	as long as short
Paragon para:SMCI	+0.0060%	1h	41.380	−0.073%	$159K	$265K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin SMCIUSDTM	+0.0100%	8h	41.380	−0.072%	$461K	$538K	20x	as long as short
HTX SMCI-USDT	+0.0100%	8h	41.400	−0.024%	$8K	$284K	10x	as long as short
Variational Omni SMCIshort	+0.0105%	8h	41.400	−0.024%	$96K	$109K	—
Extended SMCI-USD	+0.0248%	1h	41.403	−0.018%	$578	$10K	10x	as long as short
Binance SMCIUSDTlong	+0.0250%	8h	41.410	long leg	$3.4M	$5.5M	20x
BloFin SMCI-USDT	+0.0270%	8h	41.390	−0.048%	$79K	$9K	20x	as long as short
GRVT SMCI_USDT_Perp	+0.0400%	8h	41.420	+0.024%	$744	$157K	10x	as long as short