Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG35.91000.0000% / 8h5h 08m$1.9M$420K50xLong MEXC
SHORT35.93000.0000% / 8h5h 08m$1.3M$245K10xShort Phemex
Price gap+0.056%46s
Funding gap0.0000% /8h

Funding is ≈ 0, so this is a price-spread trade: +$5 on $10k if the gap goes back to its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$30.0000% /8h now · paid −0.031% over the last 7D
Price—spread +0.056%46s now · prices read too far apart to compare
Costs−$1211.214% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.056%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

SMCI on 21 exchanges

lowest funding first

Before you open

1 ok · 3 to watch
  • Watch: Thin at this size10.4 / 58.3 bp
    At $10k entering Phemex costs 58.3 bp, fee and slippage, 5.6× MEXC’s.
  • Note: Margin at max leverage$200 + $1,000
    MEXC 50x, Phemex 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval8h / 8h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: $0.00Long MEXC: 3 payments, $0.00; short Phemex: 3 payments, $0.00.
  • Watch: Prices read 46 s apart+0.056% vs +0.011%
    Part of this gap may be the market moving.
  • Note: Short leg is thinner$1.3M vs $1.9M OI
    Both legs are deep; Phemex is the smaller one.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCMEXC Yes · Phemex Yes
    KYC before trading since Feb 2026; unverified accounts see market data only.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0015%/8h × 21 periods−$3.07
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$105.35
Fee MEXC bp × 2 orders−$4.00
Fee Phemex bp × 2 orders−$12.00
Net · 7 days · $10k−$124.42
price spread not counted: prices read too far apart
Costs to cover1.214%Break-evennever at this rate
Slippage: MEXC: live order book, 2 min ago; Phemex: live order book, 2 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGMEXC8.3610.4 bp−$1013.7 bp−$137110.8 bp−$11.1K260.5 bp−$130.2K
SELL · SHORTPhemex2.7858.3 bp−$58doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

SMCI news

posts that mention SMCI, from every exchangeSearch all news →
09-25 19:03ParagonOtherSupermicro showed an H14 PCIe GPU system built for AMD Instinct MI350P in Taipei. $SMCI trades 24/7 on Hyperliquid. Up to 10x leverage. Trade now on Hyperliquid: @tradeparagon on X ↗
09-25 14:38ParagonOther$TREAD led Paragon markets over the last 24h at +40.63%, with $SMCI +7.48%, $ANSEM +7.43% and $CRDO +7.06% rounding out the top of the board. @tradeparagon on X ↗
09-25 00:50InjectiveTokenThe Injective Stockdrop officially starts next week. Anyone who participated in the $INJ BuyBack yesterday will be eligible to earn a stock token on Robinhood Chain. Here are just a few of the tokenized stocks that you could get: $AMC $SNAP $GLXY $HIMS $SMCI $RKLB $CRCL $INTC $MSTR $SPCX $COIN $NVDA $AAPL $TSLA $META $MU $SNDK More ▇▇▇▇ and ▇▇ @injective on X ↗
09-17 17:43ParagonOther$TREAD led Paragon markets over the past 24h at +25.99%, ahead of $SMCI at +10.56% and $ANSEM at +9.29%, with $UNITREE up 6.50%. @tradeparagon on X ↗
09-17 11:29BloFinListingBloFin Futures will list the $TQQQ-USDT, $SQQQ-USDT, $RDDT-USDT, $CRWD-USDT, and $SMCI-USDT Perpetual Contracts 🫡 Trade to take advantage of: ✅ 0% Maker Fees ✅ 50% off Taker Fees @BloFin_Official on X ↗