SMCI

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0009%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h +0.005%

Price spread now: QFEX against Lighter RH+0.014%52s7-day average — · you sell dearer than you buy

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

Long on Lighter RH Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 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

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH SMCI	41.404	0.0032	pay 0.0004% / 1h	14m 44s	$32K	$5K	10x
Short	QFEX SMCI-USD	41.410	0.0041	get 0.0005% / 1h	14m 44s	$1.1M	$2.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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

Position, each leg$Hold fordaysFee Lighter RHbpFee QFEXbpOrdersPrice spread, now +0.014%Rate

Funding earned: $1.81
Price spread: +0.014% → 0.000%: $1.45
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$6.74
Costs to cover: 0.100%
Break-even: 33.0 days

Slippage unknown: Lighter RH: no order-book sample; QFEX: live order book, 2 min ago. 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 Lighter RH no order-book sample	—	—	—	—	—
Sell QFEX live order book, 2 min ago	53.11 bp	60.5 bp −$61	66.8 bp −$668	doesn't fit	doesn't fit

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 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	41.010	−0.952%	$4K	$97	12x	as long as short
Bybit SMCIUSDT	0.0000%	8h	41.400	−0.010%	$1.0M	$669K	25x	as long as short
OKX SMCI-USDT-SWAP	0.0000%	8h	41.420	+0.039%	$689K	$1.1M	20x	as long as short
Gate SMCI_USDT	0.0000%	8h	41.400	−0.010%	$1.6M	$1.8M	20x	as long as short
Bitget SMCIUSDT	0.0000%	8h	41.392	−0.029%	$1.3M	$529K	20x	as long as short
Phemex SMCIUSDT	0.0000%	8h	41.420	+0.039%	$1.6M	$261K	10x	as long as short
Lighter RH SMCIlong	+0.0032%	1h	41.404	long leg	$32K	$5K	10x
QFEX SMCI-USDshort	+0.0041%	1h	41.410	+0.014%	$1.1M	$2.3M	10x
SoDEX SMCI-USD	+0.0050%	1h	41.400	−0.010%	$123	$3K	10x	as long as short
Paragon para:SMCI	+0.0060%	1h	41.380	−0.058%	$159K	$265K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SMCI	+0.0090%	8h	41.419	+0.036%	$96K	$109K	—	as long as short
KuCoin SMCIUSDTM	+0.0100%	8h	41.390	−0.034%	$461K	$536K	20x	as long as short
HTX SMCI-USDT	+0.0100%	8h	41.430	+0.063%	$8K	$284K	10x	as long as short
Extended SMCI-USD	+0.0232%	1h	41.417	+0.031%	$580	$10K	10x	as long as short
Binance SMCIUSDT	+0.0232%	8h	41.420	+0.039%	$3.4M	$5.5M	20x	as long as short
BloFin SMCI-USDT	+0.0236%	8h	41.430	+0.063%	$79K	$9K	20x	as long as short
GRVT SMCI_USDT_Perp	+0.0362%	8h	41.408	+0.010%	$728	$156K	10x	as long as short