SMCI

Alert: funding

Alert: spread

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 KuCoin0.000%7-day average +0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$704as in the Funding arb table

Net, price: spread back to 7d avg − costs−$694as in the Price arb table

costs, in and out, $10k−$6926.925% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.117%−$12 on $10k

Price spread, last 4 days (all we have)−0.041%−$4 · spread now 0.000%, 7d avg +0.019%

Together, before fees−0.159%−$16 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.019%, 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	KuCoin SMCIUSDTM	40.950	0.0100	pay 0.0100% / 8h	1h 25m	$460K	$489K	20x
Short	Gate SMCI_USDT	40.950	0	get 0.0000% / 8h	1h 25m	$1.5M	$1.4M	20x

Funding history

latest

Range statsloading…

Gate against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee KuCoinbpFee GatebpOrdersPrice spread, now 0.000%Rate

Slippage from KuCoin: live order book, 18 min ago; Gate: live order book, 2 min ago.

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, 18 min ago	9.76 bp	368.8 bp −$369	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	9.77 bp	132.3 bp −$132	doesn't fit	doesn't fit	doesn't fit

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	40.530	−1.026%	$4K	$90	12x	as long as short
Bitget SMCIUSDT	−0.0186%	8h	40.955	+0.012%	$1.3M	$502K	20x	as long as short
Bybit SMCIUSDT	0.0000%	8h	40.950	0.000%	$997K	$293K	25x	as long as short
OKX SMCI-USDT-SWAP	0.0000%	8h	40.950	0.000%	$683K	$1.1M	20x	as long as short
Gate SMCI_USDTshort	0.0000%	8h	40.950	0.000%	$1.5M	$1.4M	20x
Variational Omni SMCI	0.0000%	8h	40.973	+0.056%	$116K	$127K	—	as long as short
Phemex SMCIUSDT	0.0000%	8h	40.960	+0.024%	$1.6M	$261K	10x	as long as short
BloFin SMCI-USDT	+0.0010%	8h	41.000	+0.122%	$80K	$9K	20x	as long as short
Extended SMCI-USD	+0.0016%	1h	40.960	+0.025%	$573	—	10x	as long as short
Binance SMCIUSDT	+0.0018%	8h	40.970	+0.049%	$3.4M	$5.3M	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SMCI	+0.0032%	1h	40.967	+0.042%	$32K	$5K	10x	as long as short
SoDEX SMCI-USD	+0.0050%	1h	40.960	+0.024%	$130	$3K	10x	as long as short
Paragon para:SMCI	+0.0060%	1h	40.945	−0.013%	$157K	$266K	10x	as long as short
QFEX SMCI-USD	+0.0075%	1h	40.960	+0.024%	$1.2M	$1.8M	10x	as long as short
GRVT SMCI_USDT_Perp	+0.0077%	8h	40.960	+0.024%	$272	$168K	10x	as long as short
KuCoin SMCIUSDTMlong	+0.0100%	8h	40.950	long leg	$460K	$489K	20x
HTX SMCI-USDT	+0.0100%	8h	40.980	+0.073%	$8K	$286K	10x	as long as short