Settings8H · net · $10k
Funding arb · Price arb /

SMCI

RWAall SMCI markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.012%
Price spread now: Extended against GRVT−0.098%92s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropGRVT: Active · Extended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Extended is 0.098% cheaper against GRVT than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT SMCI_USDT_Perp40.9090.0067pay 0.0067% / 8h17m 56s$677$170K10x
ShortExtended SMCI-USD40.8690get 0.0000% / 1h17m 56s$57310x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
−$14.07
Price spread: −0.098% → 0.000%
−$9.77
Slippage, 4 orders
no order book: not counted
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$37.84
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: GRVT: live order book, 15 min ago; Extended: 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
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 15 min ago3.66 bp20.9 bp −$21doesn't fitdoesn't fitdoesn't fit
Sell Extended no order-book sample
Extended: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective SMCI/USDC PERP−0.0220%1h40.550−0.878%$4K$8912xas long as short
Bitget SMCIUSDT−0.0160%8h40.865−0.108%$1.3M$501K20xas long as short
Extended SMCI-USDshort0.0000%1h40.869−0.098%$57310x
Binance SMCIUSDT0.0000%8h40.880−0.071%$3.4M$5.3M20xas long as short
Bybit SMCIUSDT0.0000%8h40.850−0.145%$995K$293K25xas long as short
OKX SMCI-USDT-SWAP0.0000%8h40.890−0.047%$676K$1.1M20xas long as short
Gate SMCI_USDT0.0000%8h40.860−0.120%$1.5M$1.4M20xas long as short
Variational Omni SMCI0.0000%8h40.873−0.089%$124K$134Kas long as short
Phemex SMCIUSDT0.0000%8h40.880−0.071%$1.6M$260K10xas long as short
BloFin SMCI-USDT+0.0023%8h40.940+0.075%$80K$9K20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SMCI+0.0032%1h40.843−0.162%$40K$13K10xas long as short
SoDEX SMCI-USD+0.0050%1h40.870−0.096%$132$3K10xas long as short
GRVT SMCI_USDT_Perplong+0.0067%8h40.909long leg$677$170K10x
QFEX SMCI-USD+0.0067%1h40.870−0.096%$1.1M$1.7M10xas long as short
KuCoin SMCIUSDTM+0.0100%8h40.840−0.169%$458K$514K20xas long as short
HTX SMCI-USDT+0.0100%8h40.890−0.047%$8K$287K10xas long as short
Paragon para:SMCI+0.0174%1h40.862−0.116%$157K$266K10xas long as short