Settings8H · net · $10k
LanguageThe language of the site
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
LONG41.440+0.0048pay 0.0006% / 1h22m 07s$106K$122K20xLong Popdex
SHORT41.63600.0000% / 8h2h 22m$74K$52K20xShort Variational Omni+15% pts
Price gap+0.472%
Funding gap−0.0048% /8h

The gap pays +$47 on $10k if it goes back to zero (no 7-day history yet), but funding costs $1 a day and eats that in about 33 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding—−0.0048% /8h now · no funding history yet
Price—spread +0.472% now · no price history on both exchanges yet
Costs−$1631.633% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropVariational Omni: points · farm boardneeds funding history

Price and funding

1h · loading 5m…
PRICE SPREAD · 7D
Now+0.472%
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 / 30.7 bp
    At $10k entering Popdex costs 36.1 bp, fee and slippage, 1.2× Variational Omni’s.
  • Note: Margin at max leverage$500 + $500
    Popdex 20x, Variational Omni 20x. 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: −$1.44Long Popdex: 24 payments, −$1.44; short Variational Omni: 3 payments, $0.00.
  • Note: No 7-day spread history+0.472%
    The gap cannot be compared with its average yet.
  • Watch: Short leg is thinner$74K vs $106K OI
    Variational Omni sets your exit cost. Check its book before closing.
  • OK: Points on a legVariational Omni points
    Volume here counts toward the points program.
  • OK: No KYC on either legPopdex No · Variational Omni 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 earnedno history yet: current rate−$10.08
Price spread+0.472% → 0+$47.21
Slippage, 4 orderslive order books−$156.95
Fee Popdex bp × 2 orders−$6.40
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$126.22
Costs to cover1.633%Break-evennever at this rate
Slippage: Popdex: live order book, 44 min ago; Variational Omni: RFQ quote, 45 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGPopdex4.7436.1 bp−$36doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTVariational Omni7.5730.7 bp−$3153.9 bp−$539doesn’t fitdoesn’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 ↗