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
LONG35.90000.0000% / 8h4h 08m$1.3M$256K10xLong Phemex
SHORT35.90000.0000% / 8h4h 08m$1.9M$420K50xShort MEXC
Price gap0.000%
Funding gap0.0000% /8h

Funding is ≈ 0 and the gap is at its 7d average: nothing to capture right now.

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+$1spread 0.000% now, avg −0.011% → +0.011% if it goes back
Costs−$1071.067% of $10k · taker + slippage, in and out

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
Now0.000%
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 · 2 to watch
  • Watch: Thin at this size39.5 / 4.8 bp
    At $10k entering Phemex costs 39.5 bp, fee and slippage, 8.2× MEXC’s.
  • Note: Margin at max leverage$1,000 + $200
    Phemex 10x, MEXC 50x. 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 Phemex: 3 payments, $0.00; short MEXC: 3 payments, $0.00.
  • Note: Gap at its usual level0.000% vs −0.011%
    The price leg adds little either way.
  • Note: Long 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: KYCPhemex Yes · MEXC Yes
    KYC unlocks spot and futures trading; an unverified account cannot withdraw at all.

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 spread0.000% → −0.011% (7d avg)+$1.10
Slippage, 4 orderslive order books−$90.75
Fee Phemex bp × 2 orders−$12.00
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k−$102.57
Costs to cover1.067%Break-even240.9 days
Slippage: Phemex: live order book, 2 min ago; MEXC: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGPhemex4.1839.5 bp−$39doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTMEXC2.794.8 bp−$58.2 bp−$8299.2 bp−$9,917doesn’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 ↗