Funding you earn now, next payment 11:00 UTC+0.0732%/8h= +80.2% APRnext payment +$0.92 per $10,000 · paid last 24h +0.104%
Price spread now: Extended against Injective+1.516%60s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Extended is 1.516% dearer against Injective than usual: you sell high and buy low: +$152 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective SMCI/USDC PERP | 40.650 | −0.0220 | get 0.0028% / 1h | 54m 13s | $4K | $80 | 12x |
| Short | Extended SMCI-USD | 41.266 | 0.0512 | get 0.0064% / 1h | 54m 13s | $577 | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Injective. 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
- $153.72
- Price spread: +1.516% → 0.000%
- $151.63
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $300.33
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective no order-book sample | — | — | — | — | — |
| Sell Extended no order-book sample | — | — | — | — | — |
Injective and 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 exchanges
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 PERPlong | −0.0220% | 1h | 40.650 | long leg | $4K | $80 | 12x | |
| Bybit SMCIUSDT | 0.0000% | 8h | 41.230 | +1.427% | $1.0M | $298K | 25x | as long as short |
| OKX SMCI-USDT-SWAP | 0.0000% | 8h | 41.290 | +1.574% | $677K | $1.1M | 20x | as long as short |
| Gate SMCI_USDT | 0.0000% | 8h | 41.220 | +1.402% | $1.5M | $1.4M | 20x | as long as short |
| Bitget SMCIUSDT | 0.0000% | 8h | 41.248 | +1.471% | $1.3M | $473K | 20x | as long as short |
| Phemex SMCIUSDT | 0.0000% | 8h | 41.270 | +1.525% | $1.6M | $264K | 10x | as long as short |
| QFEX SMCI-USD | +0.0080% | 1h | 41.280 | +1.550% | $1.1M | $1.7M | 10x | as long as short |
| Paragon para:SMCI | +0.0090% | 1h | 41.175 | +1.292% | $158K | $240K | 10x | as long as short |
| KuCoin SMCIUSDTM | +0.0100% | 8h | 41.180 | +1.304% | $462K | $619K | 20x | as long as short |
| HTX SMCI-USDT | +0.0100% | 8h | 41.250 | +1.476% | $8K | $291K | 10x | as long as short |
Show all 17 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SMCI | +0.0208% | 1h | 41.256 | +1.491% | $40K | $14K | 10x | as long as short |
| Variational Omni SMCI | +0.0376% | 8h | 41.259 | +1.499% | $152K | $160K | — | as long as short |
| BloFin SMCI-USDT | +0.0500% | 8h | 41.240 | +1.451% | $80K | $9K | 20x | as long as short |
| Binance SMCIUSDT | +0.0508% | 8h | 41.280 | +1.550% | $3.4M | $5.3M | 20x | as long as short |
| Extended SMCI-USDshort | +0.0512% | 1h | 41.266 | +1.516% | $577 | — | 10x | |
| SoDEX SMCI-USD | +0.0539% | 1h | 41.250 | +1.476% | $131 | $3K | 10x | as long as short |
| GRVT SMCI_USDT_Perp | +0.1538% | 8h | 41.260 | +1.501% | $351 | $165K | 10x | as long as short |
Injective SMCI/USDC PERP
Extended SMCI-USD
Bybit SMCIUSDT
OKX SMCI-USDT-SWAP
Gate SMCI_USDT
Bitget SMCIUSDT
Phemex SMCIUSDT
Paragon para:SMCI
KuCoin SMCIUSDTM
HTX SMCI-USDT
Lighter RH SMCI
Variational Omni SMCI
BloFin SMCI-USDT
Binance SMCIUSDT
SoDEX SMCI-USD
GRVT SMCI_USDT_Perp