Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG42.20000.0000% / 8h2h 55m$951K$270K25xLong Bybit
SHORT42.230+0.0048get 0.0006% / 1h55m 02s$111K$119K20xShort Popdex
Price gap+0.071%
Funding gap+0.0048% /8h

Funding trade: +$1 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$11+0.0048% /8h now · paid +0.113% over the last 6 days (all we have)
Price+$2spread +0.071% now, avg +0.051% → +0.020% if it goes back
Costs−$1771.774% of $10k · taker + slippage, in and out

Price and funding

1h · loading 5m…
PRICE SPREAD · 7D
Now+0.071%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

SMCI on 19 exchanges

lowest funding first

Before you open

0 ok · 4 to watch
  • Watch: Thin at this size12.7 / 54.2 bp
    At $10k entering Popdex costs 54.2 bp, fee and slippage, 4.3× Bybit’s.
  • Note: Margin at max leverage$400 + $500
    Bybit 25x, Popdex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$1.44Long Bybit: 3 payments, $0.00; short Popdex: 24 payments, +$1.44.
  • Note: Gap at its usual level+0.071% vs +0.051%
    The price leg adds little either way.
  • Watch: Short leg is thinner$111K vs $951K OI
    Popdex sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBybit Yes · Popdex No
    Standard verification is mandatory for every product.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0061%/8h × 21 periods+$12.86
Price spread+0.071% → +0.051% (7d avg)+$1.98
Slippage, 4 orderslive order books−$159.99
Fee Bybit bp × 2 orders−$11.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$162.55
Costs to cover1.774%Break-even95.5 days
Slippage: Bybit: live order book, 9 min ago; Popdex: live order book, 11 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBybit2.3712.7 bp−$13164.3 bp−$1,643doesn’t fitdoesn’t fit
SELL · SHORTPopdex4.7454.2 bp−$54doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

SMCI news

posts that mention SMCI, from every exchangeSearch all news →
09-25 19:03ParagonOtherSupermicro showed an H14 PCIe GPU system built for AMD Instinct MI350P in Taipei. $SMCI trades 24/7 on Hyperliquid. Up to 10x leverage. Trade now on Hyperliquid: @tradeparagon on X ↗
09-25 14:38ParagonOther$TREAD led Paragon markets over the last 24h at +40.63%, with $SMCI +7.48%, $ANSEM +7.43% and $CRDO +7.06% rounding out the top of the board. @tradeparagon on X ↗
09-25 00:50InjectiveTokenThe Injective Stockdrop officially starts next week. Anyone who participated in the $INJ BuyBack yesterday will be eligible to earn a stock token on Robinhood Chain. Here are just a few of the tokenized stocks that you could get: $AMC $SNAP $GLXY $HIMS $SMCI $RKLB $CRCL $INTC $MSTR $SPCX $COIN $NVDA $AAPL $TSLA $META $MU $SNDK More ▇▇▇▇ and ▇▇ @injective on X ↗
09-17 17:43ParagonOther$TREAD led Paragon markets over the past 24h at +25.99%, ahead of $SMCI at +10.56% and $ANSEM at +9.29%, with $UNITREE up 6.50%. @tradeparagon on X ↗
09-17 11:29BloFinListingBloFin Futures will list the $TQQQ-USDT, $SQQQ-USDT, $RDDT-USDT, $CRWD-USDT, and $SMCI-USDT Perpetual Contracts 🫡 Trade to take advantage of: ✅ 0% Maker Fees ✅ 50% off Taker Fees @BloFin_Official on X ↗