SMCI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0169%/8h= −18.5% APRnext payment −$1.69 per $10,000 · paid last 24h −0.032%

Price spread now: Gate against Binance−0.117%7-day average −0.054% · you buy dearer than you sell

Net, funding: paid 7d − costs−$107as in the Funding arb table

Net, price: spread back to 7d avg − costs−$108as in the Price arb table

costs, in and out, $10k−$1021.017% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.053%−$5 on $10k

Price spread, last 7 days+0.080%+$8 · spread now −0.117%, 7d avg −0.054%

Together, before fees+0.027%+$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Gate is 0.063% cheaper against Binance than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.054%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SMCIUSDT	41.609	0.0169	pay 0.0169% / 8h	4h 35m	$3.4M	$5.2M	20x
Short	Gate SMCI_USDT	41.560	0	get 0.0000% / 8h	4h 35m	$1.6M	$1.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee GatebpOrdersPrice spread, now −0.117%Rate

Funding earned: −$35.49
Price spread: −0.117% → −0.054%: −$6.29
Slippage, 4 orders: −$76.74
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$143.52
Costs to cover: 1.017%
Break-even: never at this rate

Slippage from Binance: live order book, 2 min ago; Gate: live order book, 2 min ago.

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 Binance live order book, 2 min ago	2.40 bp	12.1 bp −$12	57.8 bp −$578	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	8.42 bp	31.0 bp −$31	doesn't fit	doesn't fit	doesn't fit

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	41.110	−1.198%	$4K	$92	12x	as long as short
Bybit SMCIUSDT	0.0000%	8h	41.540	−0.165%	$1.0M	$648K	25x	as long as short
OKX SMCI-USDT-SWAP	0.0000%	8h	41.580	−0.069%	$690K	$1.1M	20x	as long as short
Gate SMCI_USDTshort	0.0000%	8h	41.560	−0.117%	$1.6M	$1.6M	20x
Bitget SMCIUSDT	0.0000%	8h	41.527	−0.196%	$1.3M	$504K	20x	as long as short
Phemex SMCIUSDT	0.0000%	8h	41.600	−0.020%	$1.6M	$249K	10x	as long as short
QFEX SMCI-USD	+0.0021%	1h	41.580	−0.069%	$1.1M	$1.9M	10x	as long as short
Lighter RH SMCI	+0.0032%	1h	41.585	−0.057%	$32K	$5K	10x	as long as short
Variational Omni SMCI	+0.0042%	8h	41.603	−0.014%	$98K	$110K	—	as long as short
SoDEX SMCI-USD	+0.0050%	1h	41.580	−0.069%	$146	$3K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin SMCIUSDTM	+0.0100%	8h	41.570	−0.093%	$464K	$478K	20x	as long as short
HTX SMCI-USDT	+0.0100%	8h	41.620	+0.028%	$8K	$285K	10x	as long as short
GRVT SMCI_USDT_Perp	+0.0133%	8h	41.590	−0.045%	$109	$158K	10x	as long as short
Extended SMCI-USD	+0.0168%	1h	41.600	−0.021%	$580	$10K	10x	as long as short
Binance SMCIUSDTlong	+0.0169%	8h	41.609	long leg	$3.4M	$5.2M	20x
BloFin SMCI-USDT	+0.0185%	8h	41.630	+0.052%	$80K	$9K	20x	as long as short
Paragon para:SMCI	+0.1037%	1h	41.537	−0.173%	$159K	$265K	10x	as long as short