SMCI

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0048%/8h= −5.3% APRnext payment −$0.06 per $10,000 · paid last 24h −0.028%

Price spread now: Lighter RH against Extended−0.023%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Extended Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · Lighter RH: Points live · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter RH is 0.023% cheaper against Extended than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended SMCI-USD	41.170	0.0080	pay 0.0010% / 1h	18m 43s	$579	$10K	10x
Short	Lighter RH SMCI	41.160	0.0032	get 0.0004% / 1h	18m 43s	$32K	$5K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Extended. 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 ExtendedbpFee Lighter RHbpOrdersPrice spread, now −0.023%Rate

Funding earned: −$10.08
Price spread: −0.023% → 0.000%: −$2.33
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$17.41
Costs to cover: 0.050%
Break-even: never at this rate

Slippage unknown: Extended: no order-book sample; Lighter RH: no order-book sample. 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 Extended no order-book sample	—	—	—	—	—
Sell Lighter RH no order-book sample	—	—	—	—	—

Extended and Lighter RH: 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	−0.849%	$4K	$92	12x	as long as short
Bybit SMCIUSDT	0.0000%	8h	41.180	+0.025%	$1.0M	$306K	25x	as long as short
OKX SMCI-USDT-SWAP	0.0000%	8h	41.270	+0.244%	$686K	$1.1M	20x	as long as short
Gate SMCI_USDT	0.0000%	8h	41.200	+0.074%	$1.5M	$1.6M	20x	as long as short
Bitget SMCIUSDT	0.0000%	8h	41.224	+0.132%	$1.3M	$501K	20x	as long as short
Variational Omni SMCI	0.0000%	8h	41.273	+0.251%	$107K	$120K	—	as long as short
Phemex SMCIUSDT	0.0000%	8h	41.200	+0.074%	$1.6M	$255K	10x	as long as short
QFEX SMCI-USD	+0.0032%	1h	41.200	+0.074%	$1.1M	$1.8M	10x	as long as short
Lighter RH SMCIshort	+0.0032%	1h	41.160	−0.023%	$32K	$5K	10x
GRVT SMCI_USDT_Perp	+0.0036%	8h	41.240	+0.172%	$325	$164K	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	41.190	+0.050%	$147	$3K	10x	as long as short
BloFin SMCI-USDT	+0.0065%	8h	41.250	+0.195%	$79K	$9K	20x	as long as short
Extended SMCI-USDlong	+0.0080%	1h	41.170	long leg	$579	$10K	10x
Binance SMCIUSDT	+0.0081%	8h	41.181	+0.028%	$3.4M	$5.3M	20x	as long as short
KuCoin SMCIUSDTM	+0.0100%	8h	41.170	+0.001%	$459K	$476K	20x	as long as short
HTX SMCI-USDT	+0.0100%	8h	41.210	+0.098%	$8K	$286K	10x	as long as short
Paragon para:SMCI	+0.0214%	1h	41.158	−0.028%	$158K	$265K	10x	as long as short