SMCI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0109%/8h= +11.9% APRnext payment +$1.09 per $10,000 · paid last 24h +0.002%

Price spread now: Binance against HTX+0.024%7-day average −0.031% · you sell dearer than you buy

Net, funding: paid 7d − costs−$129as in the Funding arb table

Net, price: spread back to 7d avg − costs−$108as in the Price arb table

costs, in and out, $10k−$1131.131% of the position

Long on HTX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.157%−$16 on $10k

Price spread, last 2 days (all we have)−0.146%−$15 · spread now +0.024%, 7d avg −0.031%

Together, before fees−0.302%−$30 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.055% dearer against HTX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.031%. Mind the row above: over the last 7 days funding on this pair cost −0.157%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX SMCI-USDT	41.520	0.0100	pay 0.0100% / 8h	6h 01m	$8K	$285K	10x
Short	Binance SMCIUSDT	41.530	0.0209	get 0.0209% / 8h	6h 01m	$3.4M	$5.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against HTX. 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 HTXbpFee BinancebpOrdersPrice spread, now +0.024%Rate

Funding earned: $22.89
Price spread: +0.024% → −0.031%: $5.53
Slippage, 4 orders: −$91.09
Fee HTX: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$84.67
Costs to cover: 1.131%
Break-even: 32.9 days

Slippage from HTX: live order book, 66 min ago; Binance: live order book, 7 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 HTX live order book, 66 min ago	15.60 bp	46.0 bp −$46	114.2 bp −$1,142	doesn't fit	doesn't fit
Sell Binance live order book, 7 min ago	2.41 bp	16.1 bp −$16	71.1 bp −$711	doesn't fit	doesn't fit

SMCI on 16 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	41.150	−0.891%	$4K	$97	12x	as long as short
Bybit SMCIUSDT	0.0000%	8h	41.510	−0.024%	$1.0M	$648K	25x	as long as short
OKX SMCI-USDT-SWAP	0.0000%	8h	41.560	+0.096%	$690K	$1.1M	20x	as long as short
Gate SMCI_USDT	0.0000%	8h	41.530	+0.024%	$1.6M	$1.6M	20x	as long as short
Bitget SMCIUSDT	0.0000%	8h	41.516	−0.010%	$1.3M	$506K	20x	as long as short
Phemex SMCIUSDT	0.0000%	8h	41.540	+0.048%	$1.6M	$246K	10x	as long as short
Lighter RH SMCI	+0.0032%	1h	41.539	+0.046%	$32K	$5K	10x	as long as short
QFEX SMCI-USD	+0.0043%	1h	41.530	+0.024%	$1.1M	$2.2M	10x	as long as short
SoDEX SMCI-USD	+0.0050%	1h	41.540	+0.048%	$144	$3K	10x	as long as short
Variational Omni SMCI	+0.0063%	8h	41.548	+0.067%	$98K	$110K	—	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin SMCIUSDTM	+0.0100%	8h	41.500	−0.048%	$462K	$498K	20x	as long as short
HTX SMCI-USDTlong	+0.0100%	8h	41.520	long leg	$8K	$285K	10x
GRVT SMCI_USDT_Perp	+0.0199%	8h	41.547	+0.065%	$509	$154K	10x	as long as short
Extended SMCI-USD	+0.0208%	1h	41.544	+0.057%	$580	$10K	10x	as long as short
Binance SMCIUSDTshort	+0.0209%	8h	41.530	+0.024%	$3.4M	$5.1M	20x
Paragon para:SMCI	+0.1309%	1h	41.490	−0.072%	$159K	$265K	10x	as long as short