SMCI

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXNCSKSMCI2USD-USDT	41.190	+0.0329	pay 0.0329% / 8h	6h 40m	$998K	$1.2M	—	Long BingX
SHORT	Paragonpara:SMCI	41.100	+0.0261	get 0.0033% / 1h	40m 51s	$298K	$19K	10x	Short Paragon

Price gap−0.218%

Funding gap−0.0068% /8h

Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.153% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$41−0.0068% /8h now · paid +0.407% over the last 7D

Price−$15spread −0.218% now, avg −0.066% → −0.153% if it goes back

Costs−$770.769% of $10k · taker + slippage, in and out

Result−$51−0.51%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.218%

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

SMCI on 19 exchanges

lowest funding first

Before you open

0 ok · 5 to watch

Watch: Thin at this size10.0 / 26.8 bp
At $10k entering Paragon costs 26.8 bp, fee and slippage, 2.7× BingX’s.
Note: Margin at max leverage— + $1,000
BingX —, Paragon 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ8h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$2.03Long BingX: 3 payments, −$9.87; short Paragon: 24 payments, +$7.84.
Watch: Gap narrower than usual−0.218% vs −0.066%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$298K vs $998K OI
Paragon sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBingX Yes · Paragon No
Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0194%/8h × 21 periods+$40.71

Price spread−0.218% → −0.066% (7d avg)−$15.29

Slippage, 4 orderslive order books−$65.06

Fee BingX bp × 2 orders−$10.00

Fee Paragon bp × 2 orders−$1.80

Net · 7 days · $10k−$51.44

Costs to cover0.769%Break-even15.8 days

Slippage: BingX: live order book, 3 min ago; Paragon: live order book, 21 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBingX1.2210.0 bp−$1023.4 bp−$234121.5 bp−$12.2K661.0 bp−$330.5K

SELL · SHORTParagon25.8926.8 bp−$27105.6 bp−$1,056doesn’t fitdoesn’t fit

Closing costs about the same again.

SMCI news

posts that mention SMCI, from every exchangeSearch all news →

09-25 19:03	Paragon	Other	Supermicro showed an H14 PCIe GPU system built for AMD Instinct MI350P in Taipei. $SMCI trades 24/7 on Hyperliquid. Up to 10x leverage. Trade now on Hyperliquid: @tradeparagon on X ↗
09-25 14:38	Paragon	Other	$TREAD led Paragon markets over the last 24h at +40.63%, with $SMCI +7.48%, $ANSEM +7.43% and $CRDO +7.06% rounding out the top of the board. @tradeparagon on X ↗
09-25 00:50	Injective	Token	The Injective Stockdrop officially starts next week. Anyone who participated in the $INJ BuyBack yesterday will be eligible to earn a stock token on Robinhood Chain. Here are just a few of the tokenized stocks that you could get: $AMC $SNAP $GLXY $HIMS $SMCI $RKLB $CRCL $INTC $MSTR $SPCX $COIN $NVDA $AAPL $TSLA $META $MU $SNDK More ▇▇▇▇ and ▇▇ @injective on X ↗
09-17 17:43	Paragon	Other	$TREAD led Paragon markets over the past 24h at +25.99%, ahead of $SMCI at +10.56% and $ANSEM at +9.29%, with $UNITREE up 6.50%. @tradeparagon on X ↗
09-17 11:29	BloFin	Listing	BloFin Futures will list the $TQQQ-USDT, $SQQQ-USDT, $RDDT-USDT, $CRWD-USDT, and $SMCI-USDT Perpetual Contracts 🫡 Trade to take advantage of: ✅ 0% Maker Fees ✅ 50% off Taker Fees @BloFin_Official on X ↗