SMCI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h +0.005%

Price spread now: Binance against BloFin−0.171%61s7-day average — · you buy dearer than you sell

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

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.171% cheaper against BloFin than usual: you would sell low and buy high, −$17 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin SMCI-USDT	40.940	0.0000	pay 0.0000% / 8h	16m 11s	$80K	$9K	20x
Short	Binance SMCIUSDT	40.870	0	get 0.0000% / 8h	16m 11s	$3.4M	$5.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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 BloFinbpFee BinancebpOrdersPrice spread, now −0.171%Rate

Funding earned: −$0.1
Price spread: −0.171% → 0.000%: −$17.1
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$39.2
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: BloFin: no order-book sample; Binance: live order book, 6 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 BloFin no order-book sample	—	—	—	—	—
Sell Binance live order book, 6 min ago	3.67 bp	15.0 bp −$15	53.6 bp −$536	doesn't fit	doesn't fit

BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	40.550	−0.953%	$4K	$89	12x	as long as short
Bitget SMCIUSDT	−0.0163%	8h	40.865	−0.183%	$1.3M	$501K	20x	as long as short
Extended SMCI-USD	0.0000%	1h	40.860	−0.195%	$573	—	10x	as long as short
Binance SMCIUSDTshort	0.0000%	8h	40.870	−0.171%	$3.4M	$5.3M	20x
Bybit SMCIUSDT	0.0000%	8h	40.870	−0.171%	$995K	$293K	25x	as long as short
OKX SMCI-USDT-SWAP	0.0000%	8h	40.820	−0.293%	$674K	$1.1M	20x	as long as short
Gate SMCI_USDT	0.0000%	8h	40.850	−0.220%	$1.5M	$1.4M	20x	as long as short
Variational Omni SMCI	0.0000%	8h	40.873	−0.164%	$124K	$134K	—	as long as short
Phemex SMCIUSDT	0.0000%	8h	40.870	−0.171%	$1.6M	$260K	10x	as long as short
BloFin SMCI-USDTlong	0.0000%	8h	40.940	long leg	$80K	$9K	20x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SMCI	+0.0032%	1h	40.840	−0.244%	$40K	$13K	10x	as long as short
SoDEX SMCI-USD	+0.0050%	1h	40.860	−0.195%	$132	$3K	10x	as long as short
GRVT SMCI_USDT_Perp	+0.0067%	8h	40.897	−0.104%	$677	$170K	10x	as long as short
QFEX SMCI-USD	+0.0067%	1h	40.870	−0.171%	$1.1M	$1.7M	10x	as long as short
KuCoin SMCIUSDTM	+0.0100%	8h	40.850	−0.220%	$459K	$514K	20x	as long as short
HTX SMCI-USDT	+0.0100%	8h	40.830	−0.269%	$8K	$287K	10x	as long as short
Paragon para:SMCI	+0.0190%	1h	40.855	−0.206%	$157K	$266K	10x	as long as short