SMCI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0005%/8h= −0.6% APRnext payment −$0.05 per $10,000 · paid last 24h +0.003%

Price spread now: KuCoin against BloFin−0.242%50s7-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 KuCoin

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: KuCoin is 0.242% cheaper against BloFin than usual: you would sell low and buy high, −$24 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 50 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	41.280	0.0105	pay 0.0105% / 8h	3h 14m	$79K	$9K	20x
Short	KuCoin SMCIUSDTM	41.180	0.0100	get 0.0100% / 8h	3h 14m	$460K	$474K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.242%Rate

Funding earned: −$1.13
Price spread: −0.242% → 0.000%: −$24.22
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$49.35
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: BloFin: no order-book sample; KuCoin: live order book, 59 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 KuCoin live order book, 59 min ago	12.04 bp	289.8 bp −$290	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 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	40.820	−1.114%	$4K	$92	12x	as long as short
Bybit SMCIUSDT	0.0000%	8h	41.210	−0.170%	$1.0M	$307K	25x	as long as short
OKX SMCI-USDT-SWAP	0.0000%	8h	41.270	−0.024%	$686K	$1.1M	20x	as long as short
Gate SMCI_USDT	0.0000%	8h	41.220	−0.145%	$1.5M	$1.6M	20x	as long as short
Bitget SMCIUSDT	0.0000%	8h	41.225	−0.133%	$1.3M	$501K	20x	as long as short
Variational Omni SMCI	0.0000%	8h	41.253	−0.066%	$107K	$120K	—	as long as short
Phemex SMCIUSDT	0.0000%	8h	41.260	−0.048%	$1.6M	$256K	10x	as long as short
QFEX SMCI-USD	+0.0032%	1h	41.250	−0.073%	$1.1M	$1.8M	10x	as long as short
Lighter RH SMCI	+0.0032%	1h	41.230	−0.121%	$32K	$5K	10x	as long as short
GRVT SMCI_USDT_Perp	+0.0037%	8h	41.209	−0.173%	$186	$165K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX SMCI-USD	+0.0050%	1h	41.250	−0.073%	$144	$3K	10x	as long as short
Extended SMCI-USD	+0.0080%	1h	41.218	−0.150%	$576	$10K	10x	as long as short
Binance SMCIUSDT	+0.0084%	8h	41.249	−0.076%	$3.4M	$5.3M	20x	as long as short
KuCoin SMCIUSDTMshort	+0.0100%	8h	41.180	−0.242%	$460K	$474K	20x
HTX SMCI-USDT	+0.0100%	8h	41.280	0.000%	$8K	$286K	10x	as long as short
BloFin SMCI-USDTlong	+0.0105%	8h	41.280	long leg	$79K	$9K	20x
Paragon para:SMCI	+0.0219%	1h	41.224	−0.135%	$158K	$265K	10x	as long as short