SMCI

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h +0.072%

Price spread now: Lighter RH against Injective+0.945%67s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Lighter RH

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter RH is 0.945% dearer against Injective than usual: you sell high and buy low, +$94 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 67 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	0.0033	pay 0.0004% / 1h	46m 05s	$4K	$76	12x
Short	Lighter RH SMCI	41.034	0.0032	get 0.0004% / 1h	46m 05s	$40K	$14K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH 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

Position, each leg$Hold fordaysFee InjectivebpFee Lighter RHbpOrdersPrice spread, now +0.945%Rate

Funding earned: −$0.28
Price spread: +0.945% → 0.000%: $94.46
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Lighter RH: 0 bp × 2 orders: $0
Net: $94.16
Costs to cover: 0.000%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Lighter RH: 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 Lighter RH no order-book sample	—	—	—	—	—

Injective and Lighter RH: 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
Bybit SMCIUSDT	0.0000%	8h	41.060	+1.009%	$998K	$294K	25x	as long as short
Gate SMCI_USDT	0.0000%	8h	41.040	+0.959%	$1.5M	$1.3M	20x	as long as short
Bitget SMCIUSDT	0.0000%	8h	41.045	+0.972%	$1.3M	$437K	20x	as long as short
Phemex SMCIUSDT	0.0000%	8h	41.070	+1.033%	$1.6M	$261K	10x	as long as short
QFEX SMCI-USD	+0.0018%	1h	41.040	+0.959%	$1.1M	$1.8M	10x	as long as short
Lighter RH SMCIshort	+0.0032%	1h	41.034	+0.945%	$40K	$14K	10x
Injective SMCI/USDC PERPlong	+0.0033%	1h	40.650	long leg	$4K	$76	12x
SoDEX SMCI-USD	+0.0050%	1h	41.040	+0.959%	$135	$3K	10x	as long as short
Paragon para:SMCI	+0.0060%	1h	41.039	+0.958%	$158K	$241K	10x	as long as short
KuCoin SMCIUSDTM	+0.0100%	8h	41.040	+0.959%	$460K	$679K	20x	as long as short

Show all 17 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SMCI-USDT	+0.0100%	8h	41.060	+1.009%	$8K	$295K	10x	as long as short
OKX SMCI-USDT-SWAP	+0.0100%	8h	41.060	+1.009%	$666K	$1.1M	20x	as long as short
Variational Omni SMCI	+0.0573%	8h	41.124	+1.166%	$151K	$159K	—	as long as short
Binance SMCIUSDT	+0.0646%	8h	41.054	+0.993%	$3.4M	$5.3M	20x	as long as short
Extended SMCI-USD	+0.0648%	1h	41.039	+0.956%	$574	—	10x	as long as short
BloFin SMCI-USDT	+0.0678%	8h	41.120	+1.156%	$80K	$9K	20x	as long as short
GRVT SMCI_USDT_Perp	+0.1118%	8h	41.060	+1.009%	$310	$166K	10x	as long as short