Funding you earn now, next payment 00:00 UTC+0.0182%/8h= +19.9% APRnext payment +$0.23 per $10,000 · paid last 24h −0.095%
Price spread now: Extended against SoDEX+0.039%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Extended is 0.039% dearer against SoDEX than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX SMCI-USD | 41.400 | 0.0050 | pay 0.0006% / 1h | 15m 16s | $123 | $3K | 10x |
| Short | Extended SMCI-USD | 41.416 | 0.0232 | get 0.0029% / 1h | 15m 16s | $578 | $10K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against SoDEX. 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
- $38.22
- Price spread: +0.039% → 0.000%
- $3.87
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $29.09
- Costs to cover
- 0.130%
- Break-even
- 1.7 days
Slippage unknown: SoDEX: no order-book sample; Extended: 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Extended no order-book sample | — | — | — | — | — |
SoDEX and Extended: 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 | 41.010 | −0.942% | $4K | $97 | 12x | as long as short |
| Bybit SMCIUSDT | 0.0000% | 8h | 41.400 | 0.000% | $1.0M | $669K | 25x | as long as short |
| OKX SMCI-USDT-SWAP | 0.0000% | 8h | 41.420 | +0.048% | $689K | $1.1M | 20x | as long as short |
| Gate SMCI_USDT | 0.0000% | 8h | 41.400 | 0.000% | $1.6M | $1.8M | 20x | as long as short |
| Bitget SMCIUSDT | 0.0000% | 8h | 41.392 | −0.019% | $1.3M | $529K | 20x | as long as short |
| Phemex SMCIUSDT | 0.0000% | 8h | 41.420 | +0.048% | $1.6M | $261K | 10x | as long as short |
| Lighter RH SMCI | +0.0032% | 1h | 41.404 | +0.010% | $32K | $5K | 10x | as long as short |
| QFEX SMCI-USD | +0.0041% | 1h | 41.410 | +0.024% | $1.1M | $2.3M | 10x | as long as short |
| SoDEX SMCI-USDlong | +0.0050% | 1h | 41.400 | long leg | $123 | $3K | 10x | |
| Paragon para:SMCI | +0.0060% | 1h | 41.380 | −0.048% | $159K | $265K | 10x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SMCI | +0.0090% | 8h | 41.419 | +0.046% | $96K | $109K | — | as long as short |
| KuCoin SMCIUSDTM | +0.0100% | 8h | 41.380 | −0.048% | $461K | $536K | 20x | as long as short |
| HTX SMCI-USDT | +0.0100% | 8h | 41.430 | +0.072% | $8K | $284K | 10x | as long as short |
| Extended SMCI-USDshort | +0.0232% | 1h | 41.416 | +0.039% | $578 | $10K | 10x | |
| Binance SMCIUSDT | +0.0232% | 8h | 41.426 | +0.063% | $3.4M | $5.5M | 20x | as long as short |
| BloFin SMCI-USDT | +0.0236% | 8h | 41.430 | +0.072% | $79K | $9K | 20x | as long as short |
| GRVT SMCI_USDT_Perp | +0.0362% | 8h | 41.408 | +0.019% | $728 | $156K | 10x | as long as short |
SoDEX SMCI-USD
Extended SMCI-USD
Injective SMCI/USDC PERP
Bybit SMCIUSDT
OKX SMCI-USDT-SWAP
Gate SMCI_USDT
Bitget SMCIUSDT
Phemex SMCIUSDT
Lighter RH SMCI
Paragon para:SMCI
Variational Omni SMCI
KuCoin SMCIUSDTM
HTX SMCI-USDT
Binance SMCIUSDT
BloFin SMCI-USDT
GRVT SMCI_USDT_Perp