Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Phemex−0.049%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$182as in the Funding arb table
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$1821.823% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.053%−$5 · spread now −0.049%, 7d avg −0.038%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SMCIUSDT | 40.680 | 0 | get 0.0000% / 8h | 7h 43m | $1.6M | $253K | 10x |
| Short | Gate SMCI_USDT | 40.660 | 0 | get 0.0000% / 8h | 7h 43m | $1.5M | $1.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Phemex. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.049% → −0.038%
- −$1.12
- Slippage, 4 orders
- −$155.34
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$183.46
- Costs to cover
- 1.823%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 4 min ago; Gate: live order book, 4 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 Phemex live order book, 4 min ago | 7.37 bp | 52.4 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 13.53 bp | 41.2 bp −$41 | doesn't fit | 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 | −0.541% | $4K | $86 | 12x | as long as short |
| Bitget SMCIUSDT | −0.0112% | 8h | 40.652 | −0.069% | $1.3M | $487K | 20x | as long as short |
| Extended SMCI-USD | 0.0000% | 1h | 40.675 | −0.012% | $571 | — | 10x | as long as short |
| Binance SMCIUSDT | 0.0000% | 8h | 40.684 | +0.009% | $3.4M | $5.2M | 20x | as long as short |
| Bybit SMCIUSDT | 0.0000% | 8h | 40.640 | −0.098% | $990K | $291K | 25x | as long as short |
| OKX SMCI-USDT-SWAP | 0.0000% | 8h | 40.670 | −0.025% | $670K | $1.1M | 20x | as long as short |
| Gate SMCI_USDTshort | 0.0000% | 8h | 40.660 | −0.049% | $1.5M | $1.4M | 20x | |
| Variational Omni SMCI | 0.0000% | 8h | 40.668 | −0.029% | $135K | $145K | — | as long as short |
| GRVT SMCI_USDT_Perp | 0.0000% | 8h | 40.675 | −0.012% | $305 | $168K | 10x | as long as short |
| Phemex SMCIUSDTlong | 0.0000% | 8h | 40.680 | long leg | $1.6M | $253K | 10x |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SMCI-USDT | +0.0016% | 8h | 40.690 | +0.025% | $79K | $9K | 20x | as long as short |
| Lighter RH SMCI | +0.0032% | 1h | 40.657 | −0.057% | $40K | $13K | 10x | as long as short |
| SoDEX SMCI-USD | +0.0050% | 1h | 40.670 | −0.025% | $135 | $3K | 10x | as long as short |
| QFEX SMCI-USD | +0.0054% | 1h | 40.710 | +0.074% | $1.1M | $1.8M | 10x | as long as short |
| KuCoin SMCIUSDTM | +0.0100% | 8h | 40.640 | −0.098% | $457K | $532K | 20x | as long as short |
| HTX SMCI-USDT | +0.0100% | 8h | 40.690 | +0.025% | $8K | $288K | 10x | as long as short |
| Paragon para:SMCI | +0.0856% | 1h | 40.652 | −0.068% | $156K | $241K | 10x | as long as short |
Phemex SMCIUSDT
Gate SMCI_USDT
Injective SMCI/USDC PERP
Bitget SMCIUSDT
Extended SMCI-USD
Binance SMCIUSDT
Bybit SMCIUSDT
OKX SMCI-USDT-SWAP
Variational Omni SMCI
GRVT SMCI_USDT_Perp
BloFin SMCI-USDT
Lighter RH SMCI
SoDEX SMCI-USD
KuCoin SMCIUSDTM
HTX SMCI-USDT
Paragon para:SMCI