Settings8H · net · $10k
Funding arb · Price arb /

SMCI

RWAall SMCI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0147%/8h= +16.1% APRnext payment +$1.47 per $10,000 · paid last 24h +0.021%
Price spread now: BloFin against Variational Omni−0.021%101s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding pays, the price is against you. BloFin is 0.021% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.021% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 11 hours of funding at the current rate (+$4 a day). The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni SMCI41.5690.0076pay 0.0076% / 8h7h 31m$97K$109K
ShortBloFin SMCI-USDT41.5600.0223get 0.0223% / 8h7h 31m$79K$9K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Variational Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$30.94
Price spread: −0.021% → 0.000%
−$2.06
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
$16.89
Costs to cover
0.120%
Break-even
3.2 days
Slippage unknown: Variational Omni: RFQ quote, 18 min ago; BloFin: 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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 18 min ago3.73 bpdoesn't fit96.7 bp −$967doesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective SMCI/USDC PERP−0.0220%1h41.150−1.007%$4K$9612xas long as short
Bybit SMCIUSDT0.0000%8h41.550−0.045%$1.0M$661K25xas long as short
OKX SMCI-USDT-SWAP0.0000%8h41.600+0.076%$693K$1.1M20xas long as short
Gate SMCI_USDT0.0000%8h41.530−0.093%$1.6M$1.7M20xas long as short
Bitget SMCIUSDT0.0000%8h41.532−0.088%$1.3M$509K20xas long as short
Phemex SMCIUSDT0.0000%8h41.560−0.021%$1.6M$249K10xas long as short
QFEX SMCI-USD+0.0023%1h41.520−0.117%$1.1M$2.3M10xas long as short
Lighter RH SMCI+0.0032%1h41.560−0.021%$32K$5K10xas long as short
SoDEX SMCI-USD+0.0067%1h41.540−0.069%$130$3K10xas long as short
Variational Omni SMCIlong+0.0076%8h41.569long leg$97K$109K
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SMCIUSDTM+0.0100%8h41.540−0.069%$463K$527K20xas long as short
HTX SMCI-USDT+0.0100%8h41.530−0.093%$8K$284K10xas long as short
Paragon para:SMCI+0.0137%1h41.547−0.053%$159K$265K10xas long as short
BloFin SMCI-USDTshort+0.0223%8h41.560−0.021%$79K$9K20x
Extended SMCI-USD+0.0224%1h41.588+0.046%$583$10K10xas long as short
Binance SMCIUSDT+0.0227%8h41.600+0.075%$3.4M$5.2M20xas long as short
GRVT SMCI_USDT_Perp+0.0427%8h41.550−0.045%$311$153K10xas long as short