SMCI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0166%/8h= +18.1% APRnext payment +$1.66 per $10,000 · paid last 24h +0.032%

Price spread now: Binance against Bitget+0.220%7-day average +0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$270as in the Funding arb table

Net, price: spread back to 7d avg − costs−$254as in the Price arb table

costs, in and out, $10k−$2762.757% of the position

Long on Bitget Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.053%+$5 on $10k

Price spread, last 7 days−0.235%−$23 · spread now +0.220%, 7d avg +0.007%

Together, before fees−0.181%−$18 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Binance is 0.212% dearer against Bitget than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget SMCIUSDT	41.515	0	get 0.0000% / 8h	4h 43m	$1.3M	$504K	20x
Short	Binance SMCIUSDT	41.606	0.0166	get 0.0166% / 8h	4h 43m	$3.4M	$5.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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 BitgetbpFee BinancebpOrdersPrice spread, now +0.220%Rate

Funding earned: $34.81
Price spread: +0.220% → +0.007%: $21.24
Slippage, 4 orders: −$253.72
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$219.67
Costs to cover: 2.757%
Break-even: 51.2 days

Slippage from Bitget: live order book, 3 min ago; Binance: live order book, 9 min ago.

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 Bitget live order book, 3 min ago	7.22 bp	17.2 bp −$17	23.0 bp −$230	doesn't fit	doesn't fit
Sell Binance live order book, 9 min ago	2.41 bp	14.1 bp −$14	48.4 bp −$484	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	41.110	−0.976%	$4K	$92	12x	as long as short
Bybit SMCIUSDT	0.0000%	8h	41.530	+0.036%	$1.0M	$648K	25x	as long as short
OKX SMCI-USDT-SWAP	0.0000%	8h	41.580	+0.157%	$690K	$1.1M	20x	as long as short
Gate SMCI_USDT	0.0000%	8h	41.550	+0.084%	$1.6M	$1.6M	20x	as long as short
Bitget SMCIUSDTlong	0.0000%	8h	41.515	long leg	$1.3M	$504K	20x
Phemex SMCIUSDT	0.0000%	8h	41.540	+0.060%	$1.6M	$249K	10x	as long as short
QFEX SMCI-USD	+0.0021%	1h	41.510	−0.012%	$1.1M	$1.9M	10x	as long as short
Lighter RH SMCI	+0.0032%	1h	41.559	+0.106%	$32K	$5K	10x	as long as short
Variational Omni SMCI	+0.0043%	8h	41.543	+0.067%	$98K	$110K	—	as long as short
SoDEX SMCI-USD	+0.0050%	1h	41.550	+0.084%	$147	$3K	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	41.530	+0.036%	$464K	$476K	20x	as long as short
HTX SMCI-USDT	+0.0100%	8h	41.590	+0.181%	$8K	$285K	10x	as long as short
GRVT SMCI_USDT_Perp	+0.0123%	8h	41.536	+0.051%	$741	$157K	10x	as long as short
BloFin SMCI-USDT	+0.0137%	8h	41.550	+0.084%	$80K	$9K	20x	as long as short
Extended SMCI-USD	+0.0160%	1h	41.597	+0.198%	$580	$10K	10x	as long as short
Binance SMCIUSDTshort	+0.0166%	8h	41.606	+0.220%	$3.4M	$5.2M	20x
Paragon para:SMCI	+0.1245%	1h	41.520	+0.012%	$159K	$265K	10x	as long as short