SMCI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0075%/8h= −8.2% APRnext payment −$0.75 per $10,000 · paid last 24h −0.024%

Price spread now: BloFin against GRVT+0.122%7-day average — · you sell dearer than you buy

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

Long on GRVT Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

The price spread pays, funding is against you. BloFin is 0.122% dearer against GRVT than usual: you sell high and buy low (spread +0.122% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT SMCI_USDT_Perp	40.890	0.0068	pay 0.0068% / 8h	12m 11s	$148	$170K	10x
Short	BloFin SMCI-USDT	40.940	−0.0007	pay 0.0007% / 8h	12m 11s	$79K	$9K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against GRVT. 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 GRVTbpFee BloFinbpOrdersPrice spread, now +0.122%Rate

Funding earned: −$15.81
Price spread: +0.122% → 0.000%: $12.23
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$24.58
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: GRVT: live order book, 21 min ago; BloFin: no order-book sample. 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 GRVT live order book, 21 min ago	3.66 bp	20.9 bp −$21	doesn't fit	doesn't fit	doesn't fit
Sell BloFin no order-book sample	—	—	—	—	—

BloFin: 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
Injective SMCI/USDC PERP	−0.0220%	1h	40.550	−0.831%	$4K	$89	12x	as long as short
Bitget SMCIUSDT	−0.0161%	8h	40.871	−0.046%	$1.3M	$501K	20x	as long as short
BloFin SMCI-USDTshort	−0.0007%	8h	40.940	+0.122%	$79K	$9K	20x
Extended SMCI-USD	0.0000%	1h	40.880	−0.024%	$573	—	10x	as long as short
Binance SMCIUSDT	0.0000%	8h	40.890	0.000%	$3.4M	$5.3M	20x	as long as short
Bybit SMCIUSDT	0.0000%	8h	40.870	−0.049%	$995K	$293K	25x	as long as short
OKX SMCI-USDT-SWAP	0.0000%	8h	40.820	−0.171%	$674K	$1.1M	20x	as long as short
Gate SMCI_USDT	0.0000%	8h	40.860	−0.073%	$1.5M	$1.4M	20x	as long as short
Variational Omni SMCI	0.0000%	8h	40.864	−0.064%	$124K	$134K	—	as long as short
Phemex SMCIUSDT	0.0000%	8h	40.890	0.000%	$1.6M	$258K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SMCI	+0.0032%	1h	40.867	−0.056%	$40K	$13K	10x	as long as short
SoDEX SMCI-USD	+0.0050%	1h	40.880	−0.024%	$132	$3K	10x	as long as short
QFEX SMCI-USD	+0.0067%	1h	40.890	0.000%	$1.1M	$1.7M	10x	as long as short
GRVT SMCI_USDT_Perplong	+0.0068%	8h	40.890	long leg	$148	$170K	10x
KuCoin SMCIUSDTM	+0.0100%	8h	40.860	−0.073%	$459K	$518K	20x	as long as short
HTX SMCI-USDT	+0.0100%	8h	40.900	+0.024%	$8K	$287K	10x	as long as short
Paragon para:SMCI	+0.0223%	1h	40.877	−0.031%	$157K	$266K	10x	as long as short