SMCI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0065%/8h= +7.2% APRnext payment +$0.65 per $10,000 · paid last 24h +0.006%

Price spread now: Variational Omni against Gate+0.117%7-day average +0.052% · you sell dearer than you buy

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

Long on Gate Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.024%+$2 on $10k

Price spread, last 3 days (all we have)−0.151%−$15 · spread now +0.117%, 7d avg +0.052%

Together, before fees−0.127%+ Points / potential airdropVariational Omni: Active · farm board−$13 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Variational Omni is 0.065% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.052%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SMCI_USDT	41.560	0	get 0.0000% / 8h	7h 37m	$1.6M	$1.7M	20x
Short	Variational Omni SMCI	41.609	0.0065	get 0.0065% / 8h	7h 37m	$97K	$109K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpOrdersPrice spread, now +0.117%Rate

Funding earned: $13.72
Price spread: +0.117% → +0.052%: $6.47
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $5.19
Costs to cover: 0.150%
Break-even: 4.4 days

Slippage unknown: Gate: live order book, 5 min ago; Variational Omni: RFQ quote, 11 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 Gate live order book, 5 min ago	12.02 bp	33.3 bp −$33	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 11 min ago	3.73 bp	doesn't fit	70.8 bp −$708	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	41.170	−0.938%	$4K	$95	12x	as long as short
Bybit SMCIUSDT	0.0000%	8h	41.550	−0.024%	$1.0M	$661K	25x	as long as short
OKX SMCI-USDT-SWAP	0.0000%	8h	41.600	+0.096%	$693K	$1.1M	20x	as long as short
Gate SMCI_USDTlong	0.0000%	8h	41.560	long leg	$1.6M	$1.7M	20x
Bitget SMCIUSDT	0.0000%	8h	41.571	+0.026%	$1.3M	$512K	20x	as long as short
Phemex SMCIUSDT	0.0000%	8h	41.570	+0.024%	$1.6M	$252K	10x	as long as short
QFEX SMCI-USD	+0.0023%	1h	41.560	0.000%	$1.1M	$2.3M	10x	as long as short
Lighter RH SMCI	+0.0032%	1h	41.542	−0.043%	$32K	$5K	10x	as long as short
Variational Omni SMCIshort	+0.0065%	8h	41.609	+0.117%	$97K	$109K	—
KuCoin SMCIUSDTM	+0.0100%	8h	41.520	−0.096%	$462K	$527K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SMCI-USDT	+0.0100%	8h	41.580	+0.048%	$8K	$284K	10x	as long as short
Paragon para:SMCI	+0.0100%	1h	41.542	−0.043%	$159K	$265K	10x	as long as short
SoDEX SMCI-USD	+0.0126%	1h	41.570	+0.024%	$128	$3K	10x	as long as short
BloFin SMCI-USDT	+0.0207%	8h	41.590	+0.072%	$79K	$9K	20x	as long as short
Extended SMCI-USD	+0.0224%	1h	41.578	+0.044%	$583	$10K	10x	as long as short
Binance SMCIUSDT	+0.0225%	8h	41.582	+0.052%	$3.4M	$5.2M	20x	as long as short
GRVT SMCI_USDT_Perp	+0.0563%	8h	41.619	+0.143%	$196	$154K	10x	as long as short