SMCI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.52 per $10,000 · paid last 24h +0.002%

Price spread now: Binance against KuCoin+0.079%7-day average +0.081% · you sell dearer than you buy

Net, funding: paid 7d − costs−$453as in the Funding arb table

Net, price: spread back to 7d avg − costs−$447as in the Price arb table

costs, in and out, $10k−$4474.469% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.064%−$6 on $10k

Price spread, last 4 days (all we have)+0.231%+$23 · spread now +0.079%, 7d avg +0.081%

Together, before fees+0.167%+$17 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.081%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.064%, 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	KuCoin SMCIUSDTM	41.500	0.0100	pay 0.0100% / 8h	4h 13m	$463K	$481K	20x
Short	Binance SMCIUSDT	41.533	0.0152	get 0.0152% / 8h	4h 13m	$3.4M	$5.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now +0.079%Rate

Funding earned: $10.87
Price spread: +0.079% → +0.081%: −$0.21
Slippage, 4 orders: −$424.87
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$436.21
Costs to cover: 4.469%
Break-even: 287.9 days

Slippage from KuCoin: live order book, 69 min ago; Binance: live order book, 9 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 KuCoin live order book, 69 min ago	14.46 bp	169.0 bp −$169	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 9 min ago	1.20 bp	15.9 bp −$16	60.7 bp −$607	doesn't fit	doesn't fit

SMCI on 17 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	41.190	−0.747%	$4K	$93	12x	as long as short
Bybit SMCIUSDT	0.0000%	8h	41.530	+0.072%	$1.0M	$647K	25x	as long as short
OKX SMCI-USDT-SWAP	0.0000%	8h	41.590	+0.217%	$690K	$1.1M	20x	as long as short
Gate SMCI_USDT	0.0000%	8h	41.530	+0.072%	$1.6M	$1.6M	20x	as long as short
Bitget SMCIUSDT	0.0000%	8h	41.541	+0.099%	$1.3M	$503K	20x	as long as short
Phemex SMCIUSDT	0.0000%	8h	41.550	+0.120%	$1.6M	$250K	10x	as long as short
QFEX SMCI-USD	+0.0021%	1h	41.520	+0.048%	$1.1M	$1.9M	10x	as long as short
Lighter RH SMCI	+0.0032%	1h	41.503	+0.007%	$32K	$5K	10x	as long as short
Variational Omni SMCI	+0.0038%	8h	41.553	+0.127%	$98K	$110K	—	as long as short
SoDEX SMCI-USD	+0.0050%	1h	41.530	+0.072%	$150	$3K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin SMCIUSDTMlong	+0.0100%	8h	41.500	long leg	$463K	$481K	20x
HTX SMCI-USDT	+0.0100%	8h	41.490	−0.024%	$8K	$285K	10x	as long as short
GRVT SMCI_USDT_Perp	+0.0130%	8h	41.583	+0.200%	$307	$160K	10x	as long as short
BloFin SMCI-USDT	+0.0138%	8h	41.580	+0.193%	$80K	$9K	20x	as long as short
Binance SMCIUSDTshort	+0.0152%	8h	41.533	+0.079%	$3.4M	$5.2M	20x
Extended SMCI-USD	+0.0152%	1h	41.520	+0.048%	$582	$10K	10x	as long as short
Paragon para:SMCI	+0.1199%	1h	41.491	−0.021%	$159K	$265K	10x	as long as short