Funding you earn now, next payment 16:00 UTC−0.0589%/8h= −64.5% APRnext payment −$5.89 per $10,000 · paid last 24h −0.006%
Price spread now: Gate against Variational Omni−0.119%7-day average −0.054% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.024%−$2 on $10k
+Price spread, last 4 days (all we have)+0.168%+$17 · spread now −0.119%, 7d avg −0.054%
=Together, before fees+0.145%+ Points / potential airdropVariational Omni: Active · farm board+$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Gate is 0.065% cheaper against Variational Omni than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.054%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.024% in total (about -2.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.89 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni SMCI | 41.159 | 0.0589 | pay 0.0589% / 8h | 4h 51m | $151K | $159K | — |
| Short | Gate SMCI_USDT | 41.110 | 0 | get 0.0000% / 8h | 4h 51m | $1.5M | $1.3M | 20x |
Variational Omni SMCI
Gate SMCI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$123.75
- Price spread: −0.119% → −0.054%
- −$6.54
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$145.29
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 55 min ago; Gate: live order book, 4 min ago. 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 Variational Omni RFQ quote, 55 min ago | 7.69 bp | doesn't fit | 67.0 bp −$670 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 6.08 bp | 60.2 bp −$60 | doesn't fit | doesn't fit | doesn't fit |
SMCI on 17 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SMCIUSDT | 0.0000% | 8h | 41.120 | −0.095% | $1.0M | $294K | 25x | as long as short |
| Gate SMCI_USDTshort | 0.0000% | 8h | 41.110 | −0.119% | $1.5M | $1.3M | 20x | |
| Bitget SMCIUSDT | 0.0000% | 8h | 41.130 | −0.071% | $1.3M | $437K | 20x | as long as short |
| Phemex SMCIUSDT | 0.0000% | 8h | 41.140 | −0.046% | $1.6M | $261K | 10x | as long as short |
| QFEX SMCI-USD | +0.0018% | 1h | 41.130 | −0.071% | $1.1M | $1.7M | 10x | as long as short |
| Lighter RH SMCI | +0.0032% | 1h | 41.118 | −0.100% | $40K | $14K | 10x | as long as short |
| Injective SMCI/USDC PERP | +0.0033% | 1h | 40.650 | −1.237% | $4K | $76 | 12x | as long as short |
| SoDEX SMCI-USD | +0.0050% | 1h | 41.110 | −0.119% | $135 | $3K | 10x | as long as short |
| Paragon para:SMCI | +0.0060% | 1h | 41.116 | −0.104% | $158K | $241K | 10x | as long as short |
| KuCoin SMCIUSDTM | +0.0100% | 8h | 41.120 | −0.095% | $461K | $674K | 20x | as long as short |
Bybit SMCIUSDT
Bitget SMCIUSDT
Phemex SMCIUSDT
QFEX SMCI-USD
Lighter RH SMCI
Injective SMCI/USDC PERP
SoDEX SMCI-USD
Paragon para:SMCI
KuCoin SMCIUSDTMShow all 17 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SMCI-USDT | +0.0100% | 8h | 41.160 | +0.002% | $8K | $295K | 10x | as long as short |
| OKX SMCI-USDT-SWAP | +0.0110% | 8h | 41.130 | −0.071% | $668K | $1.1M | 20x | as long as short |
| Variational Omni SMCIlong | +0.0589% | 8h | 41.159 | long leg | $151K | $159K | — | |
| BloFin SMCI-USDT | +0.0651% | 8h | 41.190 | +0.075% | $80K | $9K | 20x | as long as short |
| Binance SMCIUSDT | +0.0659% | 8h | 41.139 | −0.048% | $3.4M | $5.3M | 20x | as long as short |
| Extended SMCI-USD | +0.0664% | 1h | 41.119 | −0.097% | $577 | — | 10x | as long as short |
| GRVT SMCI_USDT_Perp | +0.1223% | 8h | 41.174 | +0.037% | $784 | $166K | 10x | as long as short |
HTX SMCI-USDT
OKX SMCI-USDT-SWAP
BloFin SMCI-USDT
Binance SMCIUSDT
Extended SMCI-USD
GRVT SMCI_USDT_Perp