SMCI

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0136%/8h= +14.9% APRnext payment +$1.36 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against Bitget+0.012%7-day average −0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$226as in the Funding arb table

Net, price: spread back to 7d avg − costs−$220as in the Price arb table

costs, in and out, $10k−$2262.256% of the position

Long on Bitget Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days−0.078%−$8 · spread now +0.012%, 7d avg −0.045%

Together, before fees−0.078%−$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Gate is 0.058% dearer against Bitget than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.045%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget SMCIUSDT	40.845	−0.0136	get 0.0136% / 8h	7h 57m	$1.3M	$492K	20x
Short	Gate SMCI_USDT	40.850	0	get 0.0000% / 8h	7h 57m	$1.5M	$1.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.012%Rate

Funding earned: $28.56
Price spread: +0.012% → −0.045%: $5.76
Slippage, 4 orders: −$198.64
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$191.32
Costs to cover: 2.256%
Break-even: 53.9 days

Slippage from Bitget: live order book, 4 min ago; Gate: live order book, 5 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, 4 min ago	3.55 bp	15.3 bp −$15	30.5 bp −$305	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	11.01 bp	24.1 bp −$24	doesn't fit	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	40.460	−0.943%	$4K	$86	12x	as long as short
Bitget SMCIUSDTlong	−0.0136%	8h	40.845	long leg	$1.3M	$492K	20x
Bybit SMCIUSDT	0.0000%	8h	40.850	+0.012%	$995K	$292K	25x	as long as short
OKX SMCI-USDT-SWAP	0.0000%	8h	40.860	+0.037%	$675K	$1.1M	20x	as long as short
Gate SMCI_USDTshort	0.0000%	8h	40.850	+0.012%	$1.5M	$1.4M	20x
Variational Omni SMCI	0.0000%	8h	40.889	+0.109%	$124K	$134K	—	as long as short
Phemex SMCIUSDT	0.0000%	8h	40.830	−0.037%	$1.6M	$256K	10x	as long as short
BloFin SMCI-USDT	+0.0008%	8h	40.920	+0.184%	$79K	$9K	20x	as long as short
Extended SMCI-USD	+0.0008%	1h	40.852	+0.017%	$571	—	10x	as long as short
Binance SMCIUSDT	+0.0008%	8h	40.862	+0.041%	$3.4M	$5.2M	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SMCI	+0.0032%	1h	40.854	+0.022%	$40K	$13K	10x	as long as short
SoDEX SMCI-USD	+0.0050%	1h	40.830	−0.037%	$132	$3K	10x	as long as short
QFEX SMCI-USD	+0.0054%	1h	40.880	+0.086%	$1.1M	$1.8M	10x	as long as short
GRVT SMCI_USDT_Perp	+0.0095%	8h	40.888	+0.106%	$415	$170K	10x	as long as short
KuCoin SMCIUSDTM	+0.0100%	8h	40.840	−0.012%	$458K	$530K	20x	as long as short
HTX SMCI-USDT	+0.0100%	8h	40.840	−0.012%	$8K	$287K	10x	as long as short
Paragon para:SMCI	+0.1458%	1h	40.814	−0.076%	$157K	$264K	10x	as long as short