Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Gate against HTX−0.072%7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$179as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1581.582% of the position
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 3 days (all we have)−0.030%−$3 · spread now −0.072%, 7d avg −0.079%
=The price spread sits at its 7-day average of −0.079%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX SMCI-USDT | 41.570 | 0.0100 | pay 0.0100% / 8h | 6h 18m | $8K | $286K | 10x |
| Short | Gate SMCI_USDT | 41.540 | 0 | get 0.0000% / 8h | 6h 18m | $1.6M | $1.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against HTX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: −0.072% → −0.079%
- $0.71
- Slippage, 4 orders
- −$131.21
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$178.5
- Costs to cover
- 1.582%
- Break-even
- never at this rate
Slippage from HTX: live order book, 48 min ago; Gate: live order book, 4 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, 48 min ago | 15.60 bp | 46.0 bp −$46 | 114.2 bp −$1,142 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 8.43 bp | 29.0 bp −$29 | doesn't fit | 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 | 41.040 | −1.275% | $4K | $95 | 12x | as long as short |
| Bybit SMCIUSDT | 0.0000% | 8h | 41.530 | −0.096% | $1.0M | $648K | 25x | as long as short |
| OKX SMCI-USDT-SWAP | 0.0000% | 8h | 41.560 | −0.024% | $690K | $1.1M | 20x | as long as short |
| Gate SMCI_USDTshort | 0.0000% | 8h | 41.540 | −0.072% | $1.6M | $1.6M | 20x | |
| Bitget SMCIUSDT | 0.0000% | 8h | 41.541 | −0.070% | $1.3M | $506K | 20x | as long as short |
| Phemex SMCIUSDT | 0.0000% | 8h | 41.570 | 0.000% | $1.6M | $248K | 10x | as long as short |
| Lighter RH SMCI | +0.0032% | 1h | 41.548 | −0.053% | $32K | $5K | 10x | as long as short |
| QFEX SMCI-USD | +0.0043% | 1h | 41.550 | −0.048% | $1.1M | $2.2M | 10x | as long as short |
| Variational Omni SMCI | +0.0059% | 8h | 41.572 | +0.006% | $98K | $110K | — | as long as short |
| SoDEX SMCI-USD | +0.0070% | 1h | 41.550 | −0.048% | $144 | $3K | 10x | 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 | 41.520 | −0.120% | $462K | $502K | 20x | as long as short |
| HTX SMCI-USDTlong | +0.0100% | 8h | 41.570 | long leg | $8K | $286K | 10x | |
| GRVT SMCI_USDT_Perp | +0.0189% | 8h | 41.590 | +0.048% | $672 | $154K | 10x | as long as short |
| Extended SMCI-USD | +0.0216% | 1h | 41.549 | −0.051% | $583 | $10K | 10x | as long as short |
| Binance SMCIUSDT | +0.0216% | 8h | 41.560 | −0.024% | $3.4M | $5.2M | 20x | as long as short |
| Paragon para:SMCI | +0.1292% | 1h | 41.510 | −0.144% | $159K | $265K | 10x | as long as short |
HTX SMCI-USDT
Gate SMCI_USDT
Injective SMCI/USDC PERP
Bybit SMCIUSDT
OKX SMCI-USDT-SWAP
Bitget SMCIUSDT
Phemex SMCIUSDT
Lighter RH SMCI
Variational Omni SMCI
SoDEX SMCI-USD
KuCoin SMCIUSDTM
GRVT SMCI_USDT_Perp
Extended SMCI-USD
Binance SMCIUSDT
Paragon para:SMCI