SMCI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against Bybit0.000%7-day average −0.056% · you sell dearer than you buy

Net, funding: paid 7d − costs−$414as in the Funding arb table

Net, price: spread back to 7d avg − costs−$423as in the Price arb table

costs, in and out, $10k−$4294.287% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.143%+$14 on $10k

Price spread, last 4 days (all we have)0.000%$0 · spread now 0.000%, 7d avg −0.056%

Together, before fees+0.143%+$14 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.056% dearer against Bybit than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.056%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SMCIUSDT	40.900	0	get 0.0000% / 8h	2h 26m	$996K	$307K	25x
Short	KuCoin SMCIUSDTM	40.900	0.0100	get 0.0100% / 8h	2h 26m	$457K	$465K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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 BybitbpFee KuCoinbpOrdersPrice spread, now 0.000%Rate

Funding earned: $21
Price spread: 0.000% → −0.056%: $5.58
Slippage, 4 orders: −$405.66
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$402.08
Costs to cover: 4.287%
Break-even: 141.0 days

Slippage from Bybit: live order book, 14 min ago; KuCoin: live order book, 32 min ago.

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 Bybit live order book, 14 min ago	4.88 bp	20.5 bp −$20	198.6 bp −$1,986	doesn't fit	doesn't fit
Sell KuCoin live order book, 32 min ago	14.62 bp	109.2 bp −$109	doesn't fit	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	40.600	−0.733%	$4K	$91	12x	as long as short
Bitget SMCIUSDT	−0.0114%	8h	40.929	+0.071%	$1.3M	$501K	20x	as long as short
Bybit SMCIUSDTlong	0.0000%	8h	40.900	long leg	$996K	$307K	25x
OKX SMCI-USDT-SWAP	0.0000%	8h	40.920	+0.049%	$676K	$1.1M	20x	as long as short
Gate SMCI_USDT	0.0000%	8h	40.910	+0.024%	$1.5M	$1.6M	20x	as long as short
Variational Omni SMCI	0.0000%	8h	40.989	+0.217%	$116K	$130K	—	as long as short
Phemex SMCIUSDT	0.0000%	8h	40.910	+0.024%	$1.6M	$259K	10x	as long as short
Lighter RH SMCI	+0.0032%	1h	40.878	−0.054%	$32K	$5K	10x	as long as short
SoDEX SMCI-USD	+0.0050%	1h	40.890	−0.024%	$150	$3K	10x	as long as short
Extended SMCI-USD	+0.0056%	1h	40.906	+0.014%	$573	$10K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX SMCI-USD	+0.0056%	1h	40.920	+0.049%	$1.1M	$1.8M	10x	as long as short
Binance SMCIUSDT	+0.0057%	8h	40.918	+0.043%	$3.4M	$5.3M	20x	as long as short
Paragon para:SMCI	+0.0060%	1h	40.893	−0.018%	$157K	$266K	10x	as long as short
BloFin SMCI-USDT	+0.0067%	8h	40.950	+0.122%	$79K	$9K	20x	as long as short
GRVT SMCI_USDT_Perp	+0.0073%	8h	40.990	+0.220%	$427	$166K	10x	as long as short
KuCoin SMCIUSDTMshort	+0.0100%	8h	40.900	0.000%	$457K	$465K	20x
HTX SMCI-USDT	+0.0100%	8h	40.930	+0.073%	$8K	$285K	10x	as long as short