SMCI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.14 per $10,000 · paid last 24h +0.027%

Price spread now: BloFin against Phemex+0.024%7-day average — · you sell dearer than you buy

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

Long on Phemex Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 5 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 pays, funding is against you. BloFin is 0.024% dearer against Phemex than usual: you sell high and buy low (spread +0.024% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 5.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex SMCIUSDT	40.930	0	get 0.0000% / 8h	49m 05s	$1.6M	$260K	10x
Short	BloFin SMCI-USDT	40.940	−0.0014	pay 0.0014% / 8h	49m 05s	$80K	$9K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Phemex. 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 PhemexbpFee BloFinbpOrdersPrice spread, now +0.024%Rate

Funding earned: −$2.88
Price spread: +0.024% → 0.000%: $2.44
Slippage, 4 orders: no order book: not counted
Fee Phemex: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$24.44
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: Phemex: live order book, 4 min ago; BloFin: 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 Phemex live order book, 4 min ago	3.67 bp	54.9 bp −$55	doesn't fit	doesn't fit	doesn't fit
Sell BloFin no order-book sample	—	—	—	—	—

BloFin: 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	40.570	−0.880%	$4K	$88	12x	as long as short
Bitget SMCIUSDT	−0.0170%	8h	40.930	0.000%	$1.3M	$506K	20x	as long as short
BloFin SMCI-USDTshort	−0.0014%	8h	40.940	+0.024%	$80K	$9K	20x
Extended SMCI-USD	0.0000%	1h	40.929	−0.003%	$573	—	10x	as long as short
Binance SMCIUSDT	0.0000%	8h	40.940	+0.024%	$3.4M	$5.3M	20x	as long as short
Bybit SMCIUSDT	0.0000%	8h	40.900	−0.073%	$996K	$293K	25x	as long as short
OKX SMCI-USDT-SWAP	0.0000%	8h	40.890	−0.098%	$677K	$1.1M	20x	as long as short
Gate SMCI_USDT	0.0000%	8h	40.900	−0.073%	$1.5M	$1.4M	20x	as long as short
Variational Omni SMCI	0.0000%	8h	40.902	−0.068%	$116K	$125K	—	as long as short
Phemex SMCIUSDTlong	0.0000%	8h	40.930	long leg	$1.6M	$260K	10x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SMCI	+0.0032%	1h	40.913	−0.042%	$40K	$13K	10x	as long as short
SoDEX SMCI-USD	+0.0050%	1h	40.930	0.000%	$130	$3K	10x	as long as short
GRVT SMCI_USDT_Perp	+0.0063%	8h	40.908	−0.055%	$535	$169K	10x	as long as short
QFEX SMCI-USD	+0.0067%	1h	40.930	0.000%	$1.1M	$1.8M	10x	as long as short
KuCoin SMCIUSDTM	+0.0100%	8h	40.870	−0.147%	$459K	$505K	20x	as long as short
HTX SMCI-USDT	+0.0100%	8h	40.980	+0.122%	$8K	$286K	10x	as long as short
Paragon para:SMCI	+0.0374%	1h	40.906	−0.058%	$157K	$266K	10x	as long as short