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

SMCI

RWAall SMCI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0048%/8h= +5.3% APRnext payment +$0.06 per $10,000 · paid last 24h +0.028%
Price spread now: Extended against Lighter RH−0.022%7-day average · you buy dearer than you sell
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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter RH: Points live · Extended: Active · farm boardneeds both histories
Funding pays, the price is against you. Extended is 0.022% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.022% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 37 hours of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SMCI41.1880.0032pay 0.0004% / 1h18m 45s$32K$5K10x
ShortExtended SMCI-USD41.1790.0080get 0.0010% / 1h18m 45s$579$10K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Lighter RH. 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
$10.08
Price spread: −0.022% → 0.000%
−$2.21
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$2.87
Costs to cover
0.050%
Break-even
5.0 days
Slippage unknown: Lighter RH: 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 Lighter RH no order-book sample
Sell Extended no order-book sample
Lighter RH 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 venues

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 PERP−0.0220%1h40.820−0.893%$4K$9212xas long as short
Bybit SMCIUSDT0.0000%8h41.180−0.019%$1.0M$306K25xas long as short
OKX SMCI-USDT-SWAP0.0000%8h41.270+0.199%$686K$1.1M20xas long as short
Gate SMCI_USDT0.0000%8h41.210+0.053%$1.5M$1.6M20xas long as short
Bitget SMCIUSDT0.0000%8h41.224+0.087%$1.3M$501K20xas long as short
Variational Omni SMCI0.0000%8h41.273+0.206%$107K$120Kas long as short
Phemex SMCIUSDT0.0000%8h41.200+0.029%$1.6M$255K10xas long as short
QFEX SMCI-USD+0.0032%1h41.200+0.029%$1.1M$1.8M10xas long as short
Lighter RH SMCIlong+0.0032%1h41.188long leg$32K$5K10x
GRVT SMCI_USDT_Perp+0.0036%8h41.240+0.127%$325$164K10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX SMCI-USD+0.0050%1h41.190+0.005%$147$3K10xas long as short
BloFin SMCI-USDT+0.0065%8h41.250+0.151%$79K$9K20xas long as short
Extended SMCI-USDshort+0.0080%1h41.179−0.022%$579$10K10x
Binance SMCIUSDT+0.0084%8h41.187−0.001%$3.4M$5.3M20xas long as short
KuCoin SMCIUSDTM+0.0100%8h41.170−0.044%$459K$476K20xas long as short
HTX SMCI-USDT+0.0100%8h41.210+0.053%$8K$286K10xas long as short
Paragon para:SMCI+0.0220%1h41.176−0.029%$158K$265K10xas long as short