SMCI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0262%/8h= +28.7% APRnext payment +$2.62 per $10,000 · paid last 24h +0.030%

Price spread now: HTX against Bitget+0.083%7-day average +0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$227as in the Funding arb table

Net, price: spread back to 7d avg − costs−$242as in the Price arb table

costs, in and out, $10k−$2482.476% of the position

Long on Bitget Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.210%+$21 on $10k

Price spread, last 4 days (all we have)−0.065%−$7 · spread now +0.083%, 7d avg +0.028%

Together, before fees+0.145%+$14 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and HTX is 0.055% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.028%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget SMCIUSDT	40.936	−0.0162	get 0.0162% / 8h	37m 18s	$1.3M	$502K	20x
Short	HTX SMCI-USDT	40.970	0.0100	get 0.0100% / 8h	37m 18s	$8K	$286K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.083%Rate

Funding earned: $55.02
Price spread: +0.083% → +0.028%: $5.46
Slippage, 4 orders: −$223.55
Fee Bitget: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$187.07
Costs to cover: 2.476%
Break-even: 30.8 days

Slippage from Bitget: live order book, 4 min ago; HTX: live order book, 65 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	3.42 bp	16.1 bp −$16	199.7 bp −$1,997	doesn't fit	doesn't fit
Sell HTX live order book, 65 min ago	20.73 bp	41.5 bp −$41	76.1 bp −$761	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	40.570	−0.894%	$4K	$88	12x	as long as short
Bitget SMCIUSDTlong	−0.0162%	8h	40.936	long leg	$1.3M	$502K	20x
BloFin SMCI-USDT	−0.0005%	8h	40.970	+0.083%	$79K	$9K	20x	as long as short
Bybit SMCIUSDT	0.0000%	8h	40.900	−0.088%	$996K	$293K	25x	as long as short
OKX SMCI-USDT-SWAP	0.0000%	8h	40.980	+0.107%	$679K	$1.1M	20x	as long as short
Gate SMCI_USDT	0.0000%	8h	40.930	−0.015%	$1.5M	$1.4M	20x	as long as short
Variational Omni SMCI	0.0000%	8h	40.972	+0.088%	$125K	$134K	—	as long as short
Phemex SMCIUSDT	0.0000%	8h	40.950	+0.034%	$1.6M	$259K	10x	as long as short
Binance SMCIUSDT	+0.0008%	8h	40.951	+0.037%	$3.4M	$5.3M	20x	as long as short
Extended SMCI-USD	+0.0008%	1h	40.938	+0.005%	$573	—	10x	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	40.917	−0.046%	$40K	$13K	10x	as long as short
QFEX SMCI-USD	+0.0067%	1h	40.910	−0.064%	$1.1M	$1.8M	10x	as long as short
GRVT SMCI_USDT_Perp	+0.0084%	8h	40.950	+0.034%	$525	$169K	10x	as long as short
KuCoin SMCIUSDTM	+0.0100%	8h	40.890	−0.112%	$459K	$504K	20x	as long as short
HTX SMCI-USDTshort	+0.0100%	8h	40.970	+0.083%	$8K	$286K	10x
SoDEX SMCI-USD	+0.0125%	1h	40.940	+0.010%	$135	$3K	10x	as long as short
Paragon para:SMCI	+0.0230%	1h	40.916	−0.050%	$157K	$266K	10x	as long as short