Funding you earn now, next payment 07:00 UTC+0.0035%/8h= +3.9% APRnext payment +$0.04 per $10,000 · paid last 24h −0.024%
Price spread now: QFEX against Extended+0.016%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SMCI-USD | 41.053 | 0.0040 | pay 0.0005% / 1h | 47m 35s | $576 | — | 10x |
| Short | QFEX SMCI-USD | 41.060 | 0.0075 | get 0.0009% / 1h | 47m 35s | $1.1M | $1.8M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Extended. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $7.39
- Price spread: +0.016% → 0.000%
- $1.59
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$6.02
- Costs to cover
- 0.150%
- Break-even
- 12.7 days
Slippage unknown: Extended: no order-book sample; QFEX: live order book, 4 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 Extended no order-book sample | — | — | — | — | — |
| Sell QFEX live order book, 4 min ago | 2.43 bp | 7.4 bp −$7 | 17.2 bp −$172 | doesn't fit | doesn't fit |
Extended: 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 | 40.640 | −1.007% | $4K | $89 | 12x | as long as short |
| Bitget SMCIUSDT | −0.0131% | 8h | 41.063 | +0.023% | $1.3M | $466K | 20x | as long as short |
| Bybit SMCIUSDT | 0.0000% | 8h | 41.040 | −0.033% | $999K | $294K | 25x | as long as short |
| OKX SMCI-USDT-SWAP | 0.0000% | 8h | 41.080 | +0.065% | $686K | $1.1M | 20x | as long as short |
| Gate SMCI_USDT | 0.0000% | 8h | 41.060 | +0.016% | $1.5M | $1.4M | 20x | as long as short |
| Variational Omni SMCI | 0.0000% | 8h | 41.078 | +0.060% | $116K | $127K | — | as long as short |
| Phemex SMCIUSDT | 0.0000% | 8h | 41.070 | +0.040% | $1.6M | $263K | 10x | as long as short |
| BloFin SMCI-USDT | +0.0012% | 8h | 41.080 | +0.065% | $80K | $9K | 20x | as long as short |
| Lighter RH SMCI | +0.0032% | 1h | 41.054 | +0.001% | $32K | $5K | 10x | as long as short |
| Extended SMCI-USDlong | +0.0040% | 1h | 41.053 | long leg | $576 | — | 10x |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance SMCIUSDT | +0.0041% | 8h | 41.067 | +0.032% | $3.4M | $5.4M | 20x | as long as short |
| SoDEX SMCI-USD | +0.0050% | 1h | 41.060 | +0.016% | $140 | $3K | 10x | as long as short |
| QFEX SMCI-USDshort | +0.0075% | 1h | 41.060 | +0.016% | $1.1M | $1.8M | 10x | |
| GRVT SMCI_USDT_Perp | +0.0083% | 8h | 41.100 | +0.113% | $596 | $169K | 10x | as long as short |
| KuCoin SMCIUSDTM | +0.0100% | 8h | 41.040 | −0.033% | $461K | $485K | 20x | as long as short |
| HTX SMCI-USDT | +0.0100% | 8h | 41.060 | +0.016% | $8K | $285K | 10x | as long as short |
| Paragon para:SMCI | +0.0101% | 1h | 41.026 | −0.066% | $158K | $266K | 10x | as long as short |
Extended SMCI-USD
Injective SMCI/USDC PERP
Bitget SMCIUSDT
Bybit SMCIUSDT
OKX SMCI-USDT-SWAP
Gate SMCI_USDT
Variational Omni SMCI
Phemex SMCIUSDT
BloFin SMCI-USDT
Lighter RH SMCI
Binance SMCIUSDT
SoDEX SMCI-USD
GRVT SMCI_USDT_Perp
KuCoin SMCIUSDTM
HTX SMCI-USDT
Paragon para:SMCI