SMCI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against Gate−0.049%7-day average −0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$369as in the Funding arb table

Net, price: spread back to 7d avg − costs−$384as in the Price arb table

costs, in and out, $10k−$3813.808% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.117%+$12 on $10k

Price spread, last 4 days (all we have)+0.100%+$10 · spread now −0.049%, 7d avg −0.019%

Together, before fees+0.218%+$22 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.030% cheaper against Gate than usual: you would sell low and buy high (spread −0.049% now, against its 7-day average of −0.019%). If the spread goes back, that is −$3 on $10k: about 24 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SMCI_USDT	41.160	0	get 0.0000% / 8h	2h 06m	$1.5M	$1.6M	20x
Short	KuCoin SMCIUSDTM	41.140	0.0100	get 0.0100% / 8h	2h 06m	$461K	$472K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.049%Rate

Funding earned: $21
Price spread: −0.049% → −0.019%: −$2.99
Slippage, 4 orders: −$353.79
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$362.78
Costs to cover: 3.808%
Break-even: 127.9 days

Slippage from Gate: live order book, 1 min ago; KuCoin: live order book, 52 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, 1 min ago	15.79 bp	24.4 bp −$24	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 52 min ago	14.62 bp	109.2 bp −$109	doesn't fit	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	40.630	−1.288%	$4K	$93	12x	as long as short
Bitget SMCIUSDT	−0.0163%	8h	41.160	0.000%	$1.3M	$501K	20x	as long as short
Bybit SMCIUSDT	0.0000%	8h	41.130	−0.073%	$1.0M	$292K	25x	as long as short
OKX SMCI-USDT-SWAP	0.0000%	8h	41.200	+0.097%	$687K	$1.1M	20x	as long as short
Gate SMCI_USDTlong	0.0000%	8h	41.160	long leg	$1.5M	$1.6M	20x
Variational Omni SMCI	0.0000%	8h	41.183	+0.055%	$117K	$127K	—	as long as short
Phemex SMCIUSDT	0.0000%	8h	41.170	+0.024%	$1.6M	$262K	10x	as long as short
Lighter RH SMCI	+0.0032%	1h	41.178	+0.044%	$32K	$5K	10x	as long as short
QFEX SMCI-USD	+0.0056%	1h	41.190	+0.073%	$1.1M	$1.8M	10x	as long as short
Paragon para:SMCI	+0.0060%	1h	41.128	−0.078%	$158K	$266K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance SMCIUSDT	+0.0063%	8h	41.190	+0.073%	$3.4M	$5.4M	20x	as long as short
Extended SMCI-USD	+0.0064%	1h	41.178	+0.044%	$576	—	10x	as long as short
BloFin SMCI-USDT	+0.0075%	8h	41.180	+0.049%	$79K	$9K	20x	as long as short
GRVT SMCI_USDT_Perp	+0.0092%	8h	41.160	0.000%	$103	$167K	10x	as long as short
KuCoin SMCIUSDTMshort	+0.0100%	8h	41.140	−0.049%	$461K	$472K	20x
HTX SMCI-USDT	+0.0100%	8h	41.200	+0.097%	$8K	$285K	10x	as long as short
SoDEX SMCI-USD	+0.0135%	1h	41.190	+0.073%	$144	$3K	10x	as long as short