Funding you earn now, next payment 16:00 UTC−0.0691%/8h= −75.6% APRnext payment −$6.91 per $10,000 · paid last 24h −0.031%
Price spread now: Gate against BloFin−0.097%48s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Gate is 0.097% cheaper against BloFin than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 48 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 | 41.210 | 0.0691 | pay 0.0691% / 8h | 5h 08m | $80K | $9K | 20x |
| Short | Gate SMCI_USDT | 41.170 | 0 | get 0.0000% / 8h | 5h 08m | $1.5M | $1.4M | 20x |
BloFin SMCI-USDT
Gate SMCI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$145.07
- Price spread: −0.097% → 0.000%
- −$9.71
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$181.78
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; Gate: live order book, 2 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 Gate live order book, 2 min ago | 7.29 bp | 157.2 bp −$157 | doesn't fit | 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 exchanges
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 | 40.650 | −1.359% | $4K | $80 | 12x | as long as short |
| Bybit SMCIUSDT | 0.0000% | 8h | 41.190 | −0.049% | $1.0M | $297K | 25x | as long as short |
| Gate SMCI_USDTshort | 0.0000% | 8h | 41.170 | −0.097% | $1.5M | $1.4M | 20x | |
| Bitget SMCIUSDT | 0.0000% | 8h | 41.205 | −0.012% | $1.3M | $438K | 20x | as long as short |
| Phemex SMCIUSDT | 0.0000% | 8h | 41.210 | 0.000% | $1.6M | $263K | 10x | as long as short |
| Lighter RH SMCI | +0.0032% | 1h | 41.201 | −0.022% | $40K | $14K | 10x | as long as short |
| Paragon para:SMCI | +0.0060% | 1h | 41.136 | −0.181% | $158K | $241K | 10x | as long as short |
| QFEX SMCI-USD | +0.0080% | 1h | 41.190 | −0.049% | $1.1M | $1.8M | 10x | as long as short |
| KuCoin SMCIUSDTM | +0.0100% | 8h | 41.170 | −0.097% | $462K | $660K | 20x | as long as short |
| HTX SMCI-USDT | +0.0100% | 8h | 41.220 | +0.024% | $8K | $295K | 10x | as long as short |
Injective SMCI/USDC PERP
Bybit SMCIUSDT
Bitget SMCIUSDT
Phemex SMCIUSDT
Lighter RH SMCI
Paragon para:SMCI
QFEX SMCI-USD
KuCoin SMCIUSDTM
HTX SMCI-USDTShow all 17 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX SMCI-USD | +0.0114% | 1h | 41.200 | −0.024% | $134 | $3K | 10x | as long as short |
| OKX SMCI-USDT-SWAP | +0.0127% | 8h | 41.190 | −0.049% | $669K | $1.1M | 20x | as long as short |
| Variational Omni SMCI | +0.0583% | 8h | 41.180 | −0.072% | $151K | $159K | — | as long as short |
| Binance SMCIUSDT | +0.0688% | 8h | 41.210 | 0.000% | $3.4M | $5.3M | 20x | as long as short |
| Extended SMCI-USD | +0.0688% | 1h | 41.197 | −0.032% | $577 | — | 10x | as long as short |
| BloFin SMCI-USDTlong | +0.0691% | 8h | 41.210 | long leg | $80K | $9K | 20x | |
| GRVT SMCI_USDT_Perp | +0.1423% | 8h | 41.170 | −0.097% | $571 | $165K | 10x | as long as short |
SoDEX SMCI-USD
OKX SMCI-USDT-SWAP
Variational Omni SMCI
Binance SMCIUSDT
Extended SMCI-USD
GRVT SMCI_USDT_Perp