SMCI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0051%/8h= +5.6% APRnext payment +$0.51 per $10,000 · paid last 24h +0.006%

Price spread now: Variational Omni against Bitget+0.033%7-day average +0.003% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.024%+$2 on $10k

Price spread, last 4 days (all we have)−0.285%−$29 · spread now +0.033%, 7d avg +0.003%

Together, before fees−0.262%+ Points / potential airdropVariational Omni: Active · farm board−$26 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Variational Omni is 0.031% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget SMCIUSDT	41.518	0	get 0.0000% / 8h	5h 36m	$1.3M	$505K	20x
Short	Variational Omni SMCI	41.532	0.0051	get 0.0051% / 8h	5h 36m	$98K	$110K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

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

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpOrdersPrice spread, now +0.033%Rate

Funding earned: $10.77
Price spread: +0.033% → +0.003%: $3.09
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $1.86
Costs to cover: 0.120%
Break-even: 5.8 days

Slippage unknown: Bitget: live order book, 5 min ago; Variational Omni: RFQ quote, 3 min ago. Net counts fees only.

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, 5 min ago	8.79 bp	23.0 bp −$23	36.2 bp −$362	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 3 min ago	5.68 bp	doesn't fit	75.5 bp −$755	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	41.150	−0.886%	$4K	$93	12x	as long as short
Bybit SMCIUSDT	0.0000%	8h	41.490	−0.067%	$1.0M	$648K	25x	as long as short
OKX SMCI-USDT-SWAP	0.0000%	8h	41.520	+0.005%	$689K	$1.1M	20x	as long as short
Gate SMCI_USDT	0.0000%	8h	41.520	+0.005%	$1.6M	$1.6M	20x	as long as short
Bitget SMCIUSDTlong	0.0000%	8h	41.518	long leg	$1.3M	$505K	20x
Phemex SMCIUSDT	0.0000%	8h	41.530	+0.029%	$1.6M	$248K	10x	as long as short
Lighter RH SMCI	+0.0032%	1h	41.503	−0.036%	$32K	$5K	10x	as long as short
QFEX SMCI-USD	+0.0048%	1h	41.520	+0.005%	$1.1M	$2.1M	10x	as long as short
SoDEX SMCI-USD	+0.0050%	1h	41.530	+0.029%	$142	$3K	10x	as long as short
Variational Omni SMCIshort	+0.0051%	8h	41.532	+0.033%	$98K	$110K	—

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin SMCIUSDTM	+0.0100%	8h	41.480	−0.092%	$462K	$490K	20x	as long as short
HTX SMCI-USDT	+0.0100%	8h	41.550	+0.077%	$8K	$285K	10x	as long as short
GRVT SMCI_USDT_Perp	+0.0128%	8h	41.530	+0.029%	$364	$154K	10x	as long as short
BloFin SMCI-USDT	+0.0180%	8h	41.530	+0.029%	$80K	$9K	20x	as long as short
Extended SMCI-USD	+0.0184%	1h	41.519	+0.001%	$580	$10K	10x	as long as short
Binance SMCIUSDT	+0.0186%	8h	41.530	+0.029%	$3.4M	$5.2M	20x	as long as short
Paragon para:SMCI	+0.1372%	1h	41.470	−0.116%	$159K	$265K	10x	as long as short