Funding you earn now, next payment 10:00 UTC−0.0064%/8h= −7.0% APRpaid last 24h −0.033%
Price spread now: Variational Omni against Extended−0.061%7-day average — · you buy dearer than you sell
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
=Together, before fees—+ Points / potential airdropExtended: Active · Variational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Variational Omni is 0.061% cheaper against Extended than usual: you would sell low and buy high (−$6 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 | 40.962 | 0.0064 | pay 0.0008% / 1h | 58m 43s | $572 | — | 10x |
| Short | Variational Omni SMCI | 40.937 | 0 | get 0.0000% / 8h | 6h 58m | $150K | $160K | — |
Extended SMCI-USD
Variational Omni SMCIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$13.44
- Price spread: −0.061% → 0.000%
- −$6.12
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$24.56
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Extended: no order-book sample; Variational Omni: RFQ quote, 10 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 Variational Omni RFQ quote, 10 min ago | 3.77 bp | doesn't fit | 62.8 bp −$628 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SMCIUSDT | −0.0018% | 8h | 40.914 | −0.118% | $1.3M | $475K | 20x | as long as short |
| Bybit SMCIUSDT | 0.0000% | 8h | 40.930 | −0.079% | $996K | $300K | 25x | as long as short |
| OKX SMCI-USDT-SWAP | 0.0000% | 8h | 40.910 | −0.128% | $667K | $1.2M | 20x | as long as short |
| Gate SMCI_USDT | 0.0000% | 8h | 40.910 | −0.128% | $1.5M | $1.3M | 20x | as long as short |
| Variational Omni SMCIshort | 0.0000% | 8h | 40.937 | −0.061% | $150K | $160K | — | |
| Phemex SMCIUSDT | 0.0000% | 8h | 40.940 | −0.055% | $1.6M | $268K | 10x | as long as short |
| Injective SMCI/USDC PERP | +0.0033% | 1h | 40.460 | −1.227% | $4K | $82 | 12x | as long as short |
| QFEX SMCI-USD | +0.0054% | 1h | 40.930 | −0.079% | $1.1M | $1.7M | 10x | as long as short |
| Extended SMCI-USDlong | +0.0064% | 1h | 40.962 | long leg | $572 | — | 10x | |
| Binance SMCIUSDT | +0.0067% | 8h | 40.986 | +0.058% | $3.4M | $5.4M | 20x | as long as short |
Bitget SMCIUSDT
Bybit SMCIUSDT
OKX SMCI-USDT-SWAP
Gate SMCI_USDT
Phemex SMCIUSDT
Injective SMCI/USDC PERP
QFEX SMCI-USD
Binance SMCIUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SMCI-USDT | +0.0074% | 8h | 40.930 | −0.079% | $79K | $9K | 20x | as long as short |
| Paragon para:SMCI | +0.0099% | 1h | 40.907 | −0.136% | $157K | $240K | 10x | as long as short |
| KuCoin SMCIUSDTM | +0.0100% | 8h | 40.850 | −0.275% | $458K | $563K | 20x | as long as short |
| HTX SMCI-USDT | +0.0100% | 8h | 40.970 | +0.018% | $8K | $288K | 10x | as long as short |
| Lighter RH SMCI | +0.0120% | 1h | 40.940 | −0.055% | $40K | $13K | 10x | as long as short |
| GRVT SMCI_USDT_Perp | +0.0574% | 8h | 40.925 | −0.092% | $485 | $168K | 10x | as long as short |
| SoDEX SMCI-USD | +0.0592% | 1h | 40.930 | −0.079% | $133 | $3K | 10x | as long as short |
BloFin SMCI-USDT
Paragon para:SMCI
KuCoin SMCIUSDTM
HTX SMCI-USDT
Lighter RH SMCI
GRVT SMCI_USDT_Perp
SoDEX SMCI-USD