SMCI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against Bitget−0.065%7-day average −0.067% · you buy dearer than you sell

Net, funding: paid 7d − costs−$486as in the Funding arb table

Net, price: spread back to 7d avg − costs−$498as in the Price arb table

costs, in and out, $10k−$4984.981% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.117%+$12 on $10k

Price spread, last 4 days (all we have)+0.096%+$10 · spread now −0.065%, 7d avg −0.067%

Together, before fees+0.213%+$21 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.067%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget SMCIUSDT	41.657	0	get 0.0000% / 8h	7h 05m	$1.3M	$506K	20x
Short	KuCoin SMCIUSDTM	41.630	0.0100	get 0.0100% / 8h	7h 05m	$463K	$520K	20x

Funding history

latest

Range statsloading…

KuCoin against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BitgetbpFee KuCoinbpOrdersPrice spread, now −0.065%Rate

Slippage from Bitget: live order book, 1 min ago; KuCoin: live order book, 48 min ago.

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, 1 min ago	9.24 bp	18.0 bp −$18	42.7 bp −$427	doesn't fit	doesn't fit
Sell KuCoin live order book, 48 min ago	18.06 bp	204.4 bp −$204	doesn't fit	doesn't fit	doesn't fit

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	41.240	−1.001%	$4K	$98	12x	as long as short
Bybit SMCIUSDT	0.0000%	8h	41.660	+0.007%	$1.0M	$648K	25x	as long as short
OKX SMCI-USDT-SWAP	0.0000%	8h	41.680	+0.055%	$696K	$1.1M	20x	as long as short
Gate SMCI_USDT	0.0000%	8h	41.650	−0.017%	$1.6M	$1.7M	20x	as long as short
Bitget SMCIUSDTlong	0.0000%	8h	41.657	long leg	$1.3M	$506K	20x
Phemex SMCIUSDT	0.0000%	8h	41.670	+0.031%	$1.6M	$247K	10x	as long as short
QFEX SMCI-USD	+0.0023%	1h	41.610	−0.113%	$1.1M	$2.2M	10x	as long as short
Lighter RH SMCI	+0.0032%	1h	41.660	+0.007%	$32K	$5K	10x	as long as short
Paragon para:SMCI	+0.0060%	1h	41.636	−0.049%	$160K	$265K	10x	as long as short
Variational Omni SMCI	+0.0100%	8h	41.682	+0.061%	$97K	$109K	—	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin SMCIUSDTMshort	+0.0100%	8h	41.630	−0.065%	$463K	$520K	20x
HTX SMCI-USDT	+0.0100%	8h	41.680	+0.055%	$8K	$284K	10x	as long as short
SoDEX SMCI-USD	+0.0107%	1h	41.670	+0.031%	$137	$3K	10x	as long as short
BloFin SMCI-USDT	+0.0216%	8h	41.670	+0.031%	$79K	$9K	20x	as long as short
Extended SMCI-USD	+0.0240%	1h	41.660	+0.006%	$583	$10K	10x	as long as short
Binance SMCIUSDT	+0.0244%	8h	41.670	+0.031%	$3.4M	$5.1M	20x	as long as short
GRVT SMCI_USDT_Perp	+0.0336%	8h	41.650	−0.017%	$879	$153K	10x	as long as short