SMCI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.18 per $10,000 · paid last 24h −0.002%

Price spread now: HTX against Binance+0.092%53s7-day average +0.036% · you sell dearer than you buy

Net, funding: paid 7d − costs−$93as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1091.089% of the position

Long on Binance Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.157%+$16 on $10k

Price spread, last 4 days (all we have)+0.027%+$3 · spread now +0.092%, 7d avg +0.036%

Together, before fees+0.184%+$18 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and HTX is 0.056% dearer against Binance than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.036%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SMCIUSDT	41.212	0.0082	pay 0.0082% / 8h	3h 37m	$3.4M	$5.2M	20x
Short	HTX SMCI-USDT	41.250	0.0100	get 0.0100% / 8h	3h 37m	$8K	$285K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.092%Rate

Funding earned: $3.85
Price spread: +0.092% → +0.036%: $5.63
Slippage, 4 orders: −$86.93
Fee Binance: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$99.44
Costs to cover: 1.089%
Break-even: 187.6 days

Slippage from Binance: live order book, just now; HTX: live order book, 15 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, just now	2.43 bp	16.2 bp −$16	46.5 bp −$465	doesn't fit	doesn't fit
Sell HTX live order book, 15 min ago	20.52 bp	45.9 bp −$46	81.4 bp −$814	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	41.060	−0.369%	$4K	$91	12x	as long as short
Bybit SMCIUSDT	0.0000%	8h	41.170	−0.102%	$1.0M	$490K	25x	as long as short
OKX SMCI-USDT-SWAP	0.0000%	8h	41.230	+0.043%	$685K	$1.1M	20x	as long as short
Gate SMCI_USDT	0.0000%	8h	41.190	−0.054%	$1.5M	$1.6M	20x	as long as short
Bitget SMCIUSDT	0.0000%	8h	41.224	+0.029%	$1.3M	$501K	20x	as long as short
Variational Omni SMCI	0.0000%	8h	41.273	+0.147%	$97K	$110K	—	as long as short
Phemex SMCIUSDT	0.0000%	8h	41.230	+0.043%	$1.6M	$253K	10x	as long as short
GRVT SMCI_USDT_Perp	+0.0015%	8h	41.250	+0.092%	$484	$163K	10x	as long as short
QFEX SMCI-USD	+0.0032%	1h	41.200	−0.029%	$1.1M	$1.8M	10x	as long as short
Lighter RH SMCI	+0.0032%	1h	41.171	−0.100%	$32K	$5K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX SMCI-USD	+0.0050%	1h	41.220	+0.019%	$149	$3K	10x	as long as short
Binance SMCIUSDTlong	+0.0082%	8h	41.212	long leg	$3.4M	$5.2M	20x
Extended SMCI-USD	+0.0088%	1h	41.190	−0.054%	$579	$10K	10x	as long as short
BloFin SMCI-USDT	+0.0091%	8h	41.340	+0.310%	$79K	$9K	20x	as long as short
KuCoin SMCIUSDTM	+0.0100%	8h	41.160	−0.127%	$459K	$480K	20x	as long as short
HTX SMCI-USDTshort	+0.0100%	8h	41.250	+0.092%	$8K	$285K	10x
Paragon para:SMCI	+0.0365%	1h	41.198	−0.035%	$158K	$265K	10x	as long as short