SMCI

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	PopdexSMCIUSDT	41.470	+0.0048	pay 0.0006% / 1h	19m 10s	$106K	$122K	20x	Long Popdex
SHORT	GRVTSMCI_USDT_Perp	41.470	+0.0032	get 0.0032% / 8h	2h 19m	$438	$123K	10x	Short GRVT

Price gap0.000%

Funding gap−0.0016% /8h

Funding costs $0 a day on $10k at the current rate. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$8−0.0016% /8h now · paid −0.079% over the last 6 days (all we have)

Price−$1spread 0.000% now, avg +0.012% → −0.012% if it goes back

Costs−$1411.407% of $10k · taker + slippage, in and out

Result−$150−1.50%+ Points / potential airdropGRVT: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · loading 5m…

Price spread

Prices

Fundingper 8h

P&L

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 19 exchanges

lowest funding first

Before you open

2 ok · 3 to watch

Watch: Thin at this size36.1 / 26.9 bp
At $10k entering Popdex costs 36.1 bp, fee and slippage, 1.3× GRVT’s.
Note: Margin at max leverage$500 + $1,000
Popdex 20x, GRVT 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 8h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$0.48Long Popdex: 24 payments, −$1.44; short GRVT: 3 payments, +$0.96.
Note: Gap at its usual level0.000% vs +0.012%
The price leg adds little either way.
Watch: Short leg is thinner$438 vs $106K OI
GRVT sets your exit cost. Check its book before closing.
OK: Points on a legGRVT points
Volume here counts toward the points program.
OK: No KYC on either legPopdex No · GRVT No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0042%/8h × 21 periods−$8.89

Price spread0.000% → +0.012% (7d avg)−$1.24

Slippage, 4 orderslive order books−$125.25

Fee Popdex bp × 2 orders−$6.40

Fee GRVT bp × 2 orders−$9.00

Net · 7 days · $10k−$150.78

Costs to cover1.407%Break-evennever at this rate

Slippage: Popdex: live order book, 47 min ago; GRVT: live order book, 47 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGPopdex4.7436.1 bp−$36doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTGRVT4.7426.9 bp−$27177.3 bp−$1,773doesn’t fitdoesn’t fit

Closing costs about the same again.

SMCI news

posts that mention SMCI, from every exchangeSearch all news →

09-25 19:03	Paragon	Other	Supermicro 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 14:38	Paragon	Other	$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 00:50	Injective	Token	The 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 17:43	Paragon	Other	$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 11:29	BloFin	Listing	BloFin 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 ↗