Funding you earn now, next payment 08:00 UTC+0.0037%/8h= +4.1% APRnext payment +$0.37 per $10,000 · paid last 24h −0.002%
Price spread now: KuCoin against Binance−0.073%7-day average −0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$354as in the Funding arb table
Net, price: spread back to 7d avg − costs−$359as in the Price arb table
costs, in and out, $10k−$3603.602% of the position
Funding, last 7 days+0.064%+$6 on $10k
+Price spread, last 4 days (all we have)−0.218%−$22 · spread now −0.073%, 7d avg −0.081%
=The price spread sits at its 7-day average of −0.081%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SMCIUSDT | 41.190 | 0.0063 | pay 0.0063% / 8h | 2h 07m | $3.4M | $5.4M | 20x |
| Short | KuCoin SMCIUSDTM | 41.160 | 0.0100 | get 0.0100% / 8h | 2h 07m | $462K | $472K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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
- $7.84
- Price spread: −0.073% → −0.081%
- $0.82
- Slippage, 4 orders
- −$338.18
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$351.52
- Costs to cover
- 3.602%
- Break-even
- 321.1 days
Slippage from Binance: live order book, just now; KuCoin: live order book, 51 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 | 4.85 bp | 12.9 bp −$13 | 53.9 bp −$539 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 51 min ago | 14.62 bp | 109.2 bp −$109 | 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 | 40.630 | −1.360% | $4K | $93 | 12x | as long as short |
| Bitget SMCIUSDT | −0.0163% | 8h | 41.160 | −0.073% | $1.3M | $501K | 20x | as long as short |
| Bybit SMCIUSDT | 0.0000% | 8h | 41.130 | −0.146% | $1.0M | $292K | 25x | as long as short |
| OKX SMCI-USDT-SWAP | 0.0000% | 8h | 41.200 | +0.024% | $687K | $1.1M | 20x | as long as short |
| Gate SMCI_USDT | 0.0000% | 8h | 41.160 | −0.073% | $1.5M | $1.6M | 20x | as long as short |
| Variational Omni SMCI | 0.0000% | 8h | 41.183 | −0.017% | $117K | $127K | — | as long as short |
| Phemex SMCIUSDT | 0.0000% | 8h | 41.170 | −0.049% | $1.6M | $262K | 10x | as long as short |
| Lighter RH SMCI | +0.0032% | 1h | 41.178 | −0.029% | $32K | $5K | 10x | as long as short |
| QFEX SMCI-USD | +0.0056% | 1h | 41.190 | 0.000% | $1.1M | $1.8M | 10x | as long as short |
| Paragon para:SMCI | +0.0060% | 1h | 41.128 | −0.151% | $158K | $266K | 10x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance SMCIUSDTlong | +0.0063% | 8h | 41.190 | long leg | $3.4M | $5.4M | 20x | |
| Extended SMCI-USD | +0.0064% | 1h | 41.178 | −0.028% | $576 | — | 10x | as long as short |
| BloFin SMCI-USDT | +0.0075% | 8h | 41.180 | −0.024% | $79K | $9K | 20x | as long as short |
| GRVT SMCI_USDT_Perp | +0.0092% | 8h | 41.160 | −0.073% | $103 | $167K | 10x | as long as short |
| KuCoin SMCIUSDTMshort | +0.0100% | 8h | 41.160 | −0.073% | $462K | $472K | 20x | |
| HTX SMCI-USDT | +0.0100% | 8h | 41.200 | +0.024% | $8K | $285K | 10x | as long as short |
| SoDEX SMCI-USD | +0.0135% | 1h | 41.190 | 0.000% | $144 | $3K | 10x | as long as short |
Binance SMCIUSDT
KuCoin SMCIUSDTM
Injective SMCI/USDC PERP
Bitget SMCIUSDT
Bybit SMCIUSDT
OKX SMCI-USDT-SWAP
Gate SMCI_USDT
Variational Omni SMCI
Phemex SMCIUSDT
Lighter RH SMCI
Paragon para:SMCI
Extended SMCI-USD
BloFin SMCI-USDT
GRVT SMCI_USDT_Perp
HTX SMCI-USDT
SoDEX SMCI-USD