SMCI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.12 per $10,000 · paid last 24h −0.019%

Price spread now: Binance against GRVT−0.010%7-day average −0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$98as in the Funding arb table

Net, price: spread back to 7d avg − costs−$96as in the Price arb table

costs, in and out, $10k−$950.954% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.022%−$2 on $10k

Price spread, last 4 days (all we have)+0.152%+$15 · spread now −0.010%, 7d avg −0.006%

Together, before fees+0.130%+ Points / potential airdropGRVT: Active · farm board+$13 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.006%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT SMCI_USDT_Perp	40.989	0.0075	pay 0.0075% / 8h	2h 31m	$427	$166K	10x
Short	Binance SMCIUSDT	40.985	0.0063	get 0.0063% / 8h	2h 31m	$3.4M	$5.3M	20x

Funding history

latest

Range statsloading…

Binance against GRVT. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee GRVTbpFee BinancebpOrdersPrice spread, now −0.010%Rate

Slippage from GRVT: live order book, 11 min ago; Binance: live order book, 6 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy GRVT live order book, 11 min ago	7.30 bp	56.9 bp −$57	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 6 min ago	3.65 bp	14.7 bp −$15	46.7 bp −$467	doesn't fit	doesn't fit

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	40.600	−0.949%	$4K	$91	12x	as long as short
Bitget SMCIUSDT	−0.0076%	8h	41.001	+0.029%	$1.3M	$501K	20x	as long as short
Bybit SMCIUSDT	0.0000%	8h	40.940	−0.119%	$996K	$307K	25x	as long as short
OKX SMCI-USDT-SWAP	0.0000%	8h	40.930	−0.144%	$676K	$1.1M	20x	as long as short
Gate SMCI_USDT	0.0000%	8h	40.970	−0.046%	$1.5M	$1.6M	20x	as long as short
Variational Omni SMCI	0.0000%	8h	41.019	+0.072%	$116K	$130K	—	as long as short
Phemex SMCIUSDT	0.0000%	8h	40.980	−0.022%	$1.6M	$259K	10x	as long as short
Lighter RH SMCI	+0.0032%	1h	40.964	−0.061%	$32K	$5K	10x	as long as short
SoDEX SMCI-USD	+0.0050%	1h	40.960	−0.071%	$152	$3K	10x	as long as short
QFEX SMCI-USD	+0.0056%	1h	40.990	+0.002%	$1.1M	$1.8M	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paragon para:SMCI	+0.0060%	1h	40.934	−0.133%	$157K	$267K	10x	as long as short
Binance SMCIUSDTshort	+0.0063%	8h	40.985	−0.010%	$3.4M	$5.3M	20x
Extended SMCI-USD	+0.0064%	1h	40.976	−0.032%	$576	$10K	10x	as long as short
GRVT SMCI_USDT_Perplong	+0.0075%	8h	40.989	long leg	$427	$166K	10x
BloFin SMCI-USDT	+0.0081%	8h	40.990	+0.002%	$80K	$9K	20x	as long as short
KuCoin SMCIUSDTM	+0.0100%	8h	40.940	−0.119%	$457K	$465K	20x	as long as short
HTX SMCI-USDT	+0.0100%	8h	41.030	+0.100%	$8K	$285K	10x	as long as short