SMCI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.84 per $10,000 · paid last 24h +0.024%

Price spread now: GRVT against BloFin−0.073%7-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 GRVT

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—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

Funding pays, the price is against you. GRVT is 0.073% cheaper against BloFin than usual: you would sell low and buy high (spread −0.073% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 2.9 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin SMCI-USDT	40.950	−0.0024	get 0.0024% / 8h	50m 58s	$80K	$9K	20x
Short	GRVT SMCI_USDT_Perp	40.920	0.0060	get 0.0060% / 8h	50m 58s	$540	$169K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.073%Rate

Funding earned: $17.7
Price spread: −0.073% → 0.000%: −$7.33
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$10.63
Costs to cover: 0.210%
Break-even: 11.2 days

Slippage unknown: BloFin: no order-book sample; GRVT: live order book, 46 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 GRVT live order book, 46 min ago	4.88 bp	34.6 bp −$35	89.8 bp −$898	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	40.570	−0.928%	$4K	$88	12x	as long as short
Bitget SMCIUSDT	−0.0168%	8h	40.891	−0.144%	$1.3M	$506K	20x	as long as short
BloFin SMCI-USDTlong	−0.0024%	8h	40.950	long leg	$80K	$9K	20x
Extended SMCI-USD	0.0000%	1h	40.896	−0.131%	$573	—	10x	as long as short
Binance SMCIUSDT	0.0000%	8h	40.907	−0.105%	$3.4M	$5.3M	20x	as long as short
Bybit SMCIUSDT	0.0000%	8h	40.880	−0.171%	$996K	$293K	25x	as long as short
OKX SMCI-USDT-SWAP	0.0000%	8h	40.890	−0.147%	$678K	$1.1M	20x	as long as short
Gate SMCI_USDT	0.0000%	8h	40.880	−0.171%	$1.5M	$1.4M	20x	as long as short
Variational Omni SMCI	0.0000%	8h	40.932	−0.043%	$116K	$127K	—	as long as short
Phemex SMCIUSDT	0.0000%	8h	40.910	−0.098%	$1.6M	$259K	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	40.888	−0.151%	$37K	$10K	10x	as long as short
SoDEX SMCI-USD	+0.0050%	1h	40.890	−0.147%	$130	$3K	10x	as long as short
GRVT SMCI_USDT_Perpshort	+0.0060%	8h	40.920	−0.073%	$540	$169K	10x
QFEX SMCI-USD	+0.0067%	1h	40.920	−0.073%	$1.1M	$1.8M	10x	as long as short
KuCoin SMCIUSDTM	+0.0100%	8h	40.860	−0.220%	$459K	$504K	20x	as long as short
HTX SMCI-USDT	+0.0100%	8h	40.910	−0.098%	$8K	$286K	10x	as long as short
Paragon para:SMCI	+0.0376%	1h	40.885	−0.158%	$157K	$266K	10x	as long as short