SMCI

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.01 per $10,000 · paid last 24h −0.063%

Price spread now: SoDEX against Paragon+0.005%7-day average — · you sell dearer than you buy

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

Long on Paragon Short on SoDEX

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—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paragon para:SMCI	40.958	0.0060	pay 0.0008% / 1h	39m 19s	$157K	$266K	10x
Short	SoDEX SMCI-USD	40.960	0.0050	get 0.0006% / 1h	39m 19s	$134	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Paragon. 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 ParagonbpFee SoDEXbpOrdersPrice spread, now +0.005%Rate

Funding earned: −$2.2
Price spread: +0.005% → 0.000%: $0.46
Slippage, 4 orders: no order book: not counted
Fee Paragon: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$19.74
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Paragon: live order book, 26 min ago; SoDEX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Paragon live order book, 26 min ago	28.73 bp	33.9 bp −$34	134.4 bp −$1,344	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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	40.640	−0.777%	$4K	$89	12x	as long as short
Bitget SMCIUSDT	−0.0135%	8h	41.014	+0.136%	$1.3M	$465K	20x	as long as short
Bybit SMCIUSDT	0.0000%	8h	40.940	−0.044%	$997K	$293K	25x	as long as short
OKX SMCI-USDT-SWAP	0.0000%	8h	40.980	+0.053%	$684K	$1.1M	20x	as long as short
Gate SMCI_USDT	0.0000%	8h	40.980	+0.053%	$1.5M	$1.4M	20x	as long as short
Variational Omni SMCI	0.0000%	8h	40.993	+0.085%	$116K	$127K	—	as long as short
Phemex SMCIUSDT	0.0000%	8h	40.980	+0.053%	$1.6M	$263K	10x	as long as short
Binance SMCIUSDT	+0.0030%	8h	40.971	+0.031%	$3.4M	$5.4M	20x	as long as short
Lighter RH SMCI	+0.0032%	1h	40.970	+0.029%	$32K	$5K	10x	as long as short
Extended SMCI-USD	+0.0032%	1h	40.961	+0.008%	$576	—	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX SMCI-USDshort	+0.0050%	1h	40.960	+0.005%	$134	$3K	10x
BloFin SMCI-USDT	+0.0056%	8h	41.030	+0.176%	$80K	$9K	20x	as long as short
Paragon para:SMCIlong	+0.0060%	1h	40.958	long leg	$157K	$266K	10x
GRVT SMCI_USDT_Perp	+0.0075%	8h	41.000	+0.102%	$123	$170K	10x	as long as short
QFEX SMCI-USD	+0.0075%	1h	40.990	+0.078%	$1.1M	$1.8M	10x	as long as short
KuCoin SMCIUSDTM	+0.0100%	8h	40.970	+0.029%	$459K	$484K	20x	as long as short
HTX SMCI-USDT	+0.0100%	8h	40.990	+0.078%	$8K	$285K	10x	as long as short