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: HTX against OKX−0.024%7-day average +0.047% · you buy dearer than you sell

Net, funding: paid 7d − costs−$122as in the Funding arb table

Net, price: spread back to 7d avg − costs−$150as in the Price arb table

costs, in and out, $10k−$1431.429% of the position

Long on OKX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.210%+$21 on $10k

Price spread, last 4 days (all we have)+0.080%+$8 · spread now −0.024%, 7d avg +0.047%

Together, before fees+0.290%+$29 on $10k · with fees, hour by hour

Funding pays, the price is against you. HTX is 0.071% cheaper against OKX than usual: you would sell low and buy high (spread −0.024% now, against its 7-day average of +0.047%). If the spread goes back, that is −$7 on $10k: about 2.4 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SMCI-USDT-SWAP	40.840	0	get 0.0000% / 8h	8m 35s	$674K	$1.1M	20x
Short	HTX SMCI-USDT	40.830	0.0100	get 0.0100% / 8h	8m 35s	$8K	$287K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against OKX. 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 OKXbpFee HTXbpOrdersPrice spread, now −0.024%Rate

Funding earned: $21
Price spread: −0.024% → +0.047%: −$7.11
Slippage, 4 orders: −$120.86
Fee OKX: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$128.96
Costs to cover: 1.429%
Break-even: 50.0 days

Slippage from OKX: live order book, 3 min ago; HTX: live order book, 28 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 OKX live order book, 3 min ago	6.12 bp	21.4 bp −$21	3602.9 bp −$36.0K	doesn't fit	doesn't fit
Sell HTX live order book, 28 min ago	20.75 bp	39.0 bp −$39	73.7 bp −$737	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	40.460	−0.930%	$4K	$90	12x	as long as short
Bitget SMCIUSDT	−0.0158%	8h	40.865	+0.061%	$1.3M	$501K	20x	as long as short
Extended SMCI-USD	0.0000%	1h	40.861	+0.050%	$573	—	10x	as long as short
Binance SMCIUSDT	0.0000%	8h	40.870	+0.073%	$3.4M	$5.3M	20x	as long as short
Bybit SMCIUSDT	0.0000%	8h	40.830	−0.024%	$995K	$293K	25x	as long as short
OKX SMCI-USDT-SWAPlong	0.0000%	8h	40.840	long leg	$674K	$1.1M	20x
Gate SMCI_USDT	0.0000%	8h	40.840	0.000%	$1.5M	$1.4M	20x	as long as short
Variational Omni SMCI	0.0000%	8h	40.845	+0.012%	$124K	$134K	—	as long as short
Phemex SMCIUSDT	0.0000%	8h	40.870	+0.073%	$1.6M	$258K	10x	as long as short
BloFin SMCI-USDT	+0.0005%	8h	40.870	+0.073%	$79K	$9K	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	40.863	+0.056%	$40K	$13K	10x	as long as short
SoDEX SMCI-USD	+0.0050%	1h	40.860	+0.049%	$129	$3K	10x	as long as short
GRVT SMCI_USDT_Perp	+0.0067%	8h	40.849	+0.021%	$148	$170K	10x	as long as short
QFEX SMCI-USD	+0.0067%	1h	40.880	+0.098%	$1.1M	$1.8M	10x	as long as short
KuCoin SMCIUSDTM	+0.0100%	8h	40.850	+0.024%	$459K	$521K	20x	as long as short
HTX SMCI-USDTshort	+0.0100%	8h	40.830	−0.024%	$8K	$287K	10x
Paragon para:SMCI	+0.0262%	1h	40.884	+0.109%	$157K	$266K	10x	as long as short