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

SMCI

RWAall SMCI markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective SMCI/USDC PERP40.650−0.0220get 0.0028% / 1h54m 13s$4K$8012x
ShortExtended SMCI-USD41.2660.0512get 0.0064% / 1h54m 13s$57710x

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 it
latest
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
LegHalf-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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective SMCI/USDC PERPlong−0.0220%1h40.650long leg$4K$8012x
Bybit SMCIUSDT0.0000%8h41.230+1.427%$1.0M$298K25xas long as short
OKX SMCI-USDT-SWAP0.0000%8h41.290+1.574%$677K$1.1M20xas long as short
Gate SMCI_USDT0.0000%8h41.220+1.402%$1.5M$1.4M20xas long as short
Bitget SMCIUSDT0.0000%8h41.248+1.471%$1.3M$473K20xas long as short
Phemex SMCIUSDT0.0000%8h41.270+1.525%$1.6M$264K10xas long as short
QFEX SMCI-USD+0.0080%1h41.280+1.550%$1.1M$1.7M10xas long as short
Paragon para:SMCI+0.0090%1h41.175+1.292%$158K$240K10xas long as short
KuCoin SMCIUSDTM+0.0100%8h41.180+1.304%$462K$619K20xas long as short
HTX SMCI-USDT+0.0100%8h41.250+1.476%$8K$291K10xas long as short
Show all 17 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SMCI+0.0208%1h41.256+1.491%$40K$14K10xas long as short
Variational Omni SMCI+0.0376%8h41.259+1.499%$152K$160Kas long as short
BloFin SMCI-USDT+0.0500%8h41.240+1.451%$80K$9K20xas long as short
Binance SMCIUSDT+0.0508%8h41.280+1.550%$3.4M$5.3M20xas long as short
Extended SMCI-USDshort+0.0512%1h41.266+1.516%$57710x
SoDEX SMCI-USD+0.0539%1h41.250+1.476%$131$3K10xas long as short
GRVT SMCI_USDT_Perp+0.1538%8h41.260+1.501%$351$165K10xas long as short