SMCI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Phemex against Bybit0.000%53s7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$297as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$3002.999% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.026%+$3 on $10k

Price spread, last 4 days (all we have)+0.056%+$6 · spread now 0.000%, 7d avg +0.001%

Together, before fees+0.082%+$8 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SMCIUSDT	40.960	0	get 0.0000% / 8h	1h 28m	$997K	$293K	25x
Short	Phemex SMCIUSDT	40.960	0	get 0.0000% / 8h	1h 28m	$1.6M	$263K	10x

Funding history

latest

Range statsloading…

Phemex against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BybitbpFee PhemexbpOrdersPrice spread, now 0.000%Rate

Slippage from Bybit: live order book, 22 min ago; Phemex: live order book, 5 min ago.

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, 22 min ago	4.87 bp	87.9 bp −$88	207.2 bp −$2,072	doesn't fit	doesn't fit
Sell Phemex live order book, 5 min ago	2.44 bp	46.5 bp −$46	doesn't fit	doesn't fit	doesn't fit

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	40.530	−1.050%	$4K	$90	12x	as long as short
Bitget SMCIUSDT	−0.0189%	8h	40.930	−0.073%	$1.3M	$500K	20x	as long as short
Bybit SMCIUSDTlong	0.0000%	8h	40.960	long leg	$997K	$293K	25x
OKX SMCI-USDT-SWAP	0.0000%	8h	40.950	−0.024%	$683K	$1.1M	20x	as long as short
Gate SMCI_USDT	0.0000%	8h	40.950	−0.024%	$1.5M	$1.4M	20x	as long as short
Variational Omni SMCI	0.0000%	8h	40.928	−0.079%	$116K	$127K	—	as long as short
Phemex SMCIUSDTshort	0.0000%	8h	40.960	0.000%	$1.6M	$263K	10x
BloFin SMCI-USDT	0.0000%	8h	40.980	+0.049%	$80K	$9K	20x	as long as short
Binance SMCIUSDT	+0.0024%	8h	40.960	0.000%	$3.4M	$5.4M	20x	as long as short
Extended SMCI-USD	+0.0024%	1h	40.950	−0.023%	$573	—	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	40.937	−0.056%	$32K	$5K	10x	as long as short
SoDEX SMCI-USD	+0.0050%	1h	40.940	−0.049%	$130	$3K	10x	as long as short
QFEX SMCI-USD	+0.0075%	1h	40.960	0.000%	$1.2M	$1.8M	10x	as long as short
GRVT SMCI_USDT_Perp	+0.0079%	8h	40.947	−0.032%	$141	$169K	10x	as long as short
Paragon para:SMCI	+0.0087%	1h	40.948	−0.030%	$157K	$266K	10x	as long as short
KuCoin SMCIUSDTM	+0.0100%	8h	40.950	−0.024%	$460K	$490K	20x	as long as short
HTX SMCI-USDT	+0.0100%	8h	40.940	−0.049%	$8K	$286K	10x	as long as short