SMCI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0113%/8h= +12.3% APRnext payment +$1.13 per $10,000 · paid last 24h +0.032%

Price spread now: Binance against Gate−0.019%7-day average +0.054% · you buy dearer than you sell

Net, funding: paid 7d − costs−$168as in the Funding arb table

Net, price: spread back to 7d avg − costs−$180as in the Price arb table

costs, in and out, $10k−$1731.732% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.053%+$5 on $10k

Price spread, last 7 days+0.060%+$6 · spread now −0.019%, 7d avg +0.054%

Together, before fees+0.113%+$11 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.073% cheaper against Gate than usual: you would sell low and buy high (spread −0.019% now, against its 7-day average of +0.054%). If the spread goes back, that is −$7 on $10k: about 2.1 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.053% in total) that is about 9.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SMCI_USDT	41.370	0	get 0.0000% / 8h	3h 50m	$1.5M	$1.5M	20x
Short	Binance SMCIUSDT	41.362	0.0113	get 0.0113% / 8h	3h 50m	$3.4M	$5.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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 GatebpFee BinancebpOrdersPrice spread, now −0.019%Rate

Funding earned: $23.68
Price spread: −0.019% → +0.054%: −$7.25
Slippage, 4 orders: −$148.21
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$156.79
Costs to cover: 1.732%
Break-even: 53.4 days

Slippage from Gate: live order book, 2 min ago; Binance: live order book, 2 min ago.

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 Gate live order book, 2 min ago	6.04 bp	14.4 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 2 min ago	2.41 bp	11.9 bp −$12	58.0 bp −$580	doesn't fit	doesn't fit

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	41.060	−0.749%	$4K	$91	12x	as long as short
Bybit SMCIUSDT	0.0000%	8h	41.350	−0.048%	$1.0M	$647K	25x	as long as short
OKX SMCI-USDT-SWAP	0.0000%	8h	41.380	+0.024%	$687K	$1.1M	20x	as long as short
Gate SMCI_USDTlong	0.0000%	8h	41.370	long leg	$1.5M	$1.5M	20x
Bitget SMCIUSDT	0.0000%	8h	41.384	+0.034%	$1.3M	$495K	20x	as long as short
Variational Omni SMCI	0.0000%	8h	41.378	+0.019%	$97K	$110K	—	as long as short
Phemex SMCIUSDT	0.0000%	8h	41.370	0.000%	$1.6M	$251K	10x	as long as short
QFEX SMCI-USD	+0.0032%	1h	41.350	−0.048%	$1.1M	$1.9M	10x	as long as short
Lighter RH SMCI	+0.0032%	1h	41.344	−0.063%	$32K	$5K	10x	as long as short
SoDEX SMCI-USD	+0.0050%	1h	41.360	−0.024%	$149	$3K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT SMCI_USDT_Perp	+0.0060%	8h	41.460	+0.218%	$592	$162K	10x	as long as short
BloFin SMCI-USDT	+0.0098%	8h	41.440	+0.169%	$79K	$9K	20x	as long as short
KuCoin SMCIUSDTM	+0.0100%	8h	41.340	−0.073%	$462K	$481K	20x	as long as short
HTX SMCI-USDT	+0.0100%	8h	41.400	+0.073%	$8K	$286K	10x	as long as short
Extended SMCI-USD	+0.0112%	1h	41.351	−0.045%	$579	$10K	10x	as long as short
Binance SMCIUSDTshort	+0.0113%	8h	41.362	−0.019%	$3.4M	$5.2M	20x
Paragon para:SMCI	+0.0366%	1h	41.358	−0.030%	$159K	$265K	10x	as long as short