SMCI

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0056%/8h= +6.1% APRnext payment +$0.56 per $10,000 · paid last 24h +0.048%

Price spread now: Binance against Bitget+0.067%7-day average +0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$154as in the Funding arb table

Net, price: spread back to 7d avg − costs−$155as in the Price arb table

costs, in and out, $10k−$1611.612% of the position

Long on Bitget Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.069%+$7 on $10k

Price spread, last 7 days−0.137%−$14 · spread now +0.067%, 7d avg +0.008%

Together, before fees−0.069%−$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.058% dearer against Bitget than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget SMCIUSDT	40.583	−0.0056	get 0.0056% / 8h	7h 16m	$1.2M	$510K	20x
Short	Binance SMCIUSDT	40.610	0	get 0.0000% / 8h	7h 16m	$3.4M	$5.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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 BitgetbpFee BinancebpOrdersPrice spread, now +0.067%Rate

Funding earned: $11.76
Price spread: +0.067% → +0.008%: $5.83
Slippage, 4 orders: −$139.23
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$143.64
Costs to cover: 1.612%
Break-even: 92.5 days

Slippage from Bitget: live order book, 9 min ago; Binance: live order book, 6 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 Bitget live order book, 9 min ago	7.31 bp	50.7 bp −$51	64.3 bp −$643	doesn't fit	doesn't fit
Sell Binance live order book, 6 min ago	2.46 bp	13.9 bp −$14	53.2 bp −$532	443.4 bp −$44.3K	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	40.460	−0.303%	$4K	$86	12x	as long as short
Bitget SMCIUSDTlong	−0.0056%	8h	40.583	long leg	$1.2M	$510K	20x
Extended SMCI-USD	0.0000%	1h	40.600	+0.042%	$569	—	10x	as long as short
Binance SMCIUSDTshort	0.0000%	8h	40.610	+0.067%	$3.4M	$5.3M	20x
Bybit SMCIUSDT	0.0000%	8h	40.630	+0.116%	$989K	$299K	25x	as long as short
OKX SMCI-USDT-SWAP	0.0000%	8h	40.620	+0.091%	$667K	$1.1M	20x	as long as short
Gate SMCI_USDT	0.0000%	8h	40.580	−0.007%	$1.5M	$1.4M	20x	as long as short
Variational Omni SMCI	0.0000%	8h	40.644	+0.151%	$149K	$160K	—	as long as short
GRVT SMCI_USDT_Perp	0.0000%	8h	40.611	+0.069%	$459	$168K	10x	as long as short
Phemex SMCIUSDT	0.0000%	8h	40.600	+0.042%	$1.6M	$259K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin SMCI-USDT	+0.0025%	8h	40.600	+0.042%	$79K	$9K	20x	as long as short
Lighter RH SMCI	+0.0032%	1h	40.615	+0.079%	$40K	$13K	10x	as long as short
QFEX SMCI-USD	+0.0054%	1h	40.610	+0.067%	$1.1M	$1.7M	10x	as long as short
KuCoin SMCIUSDTM	+0.0100%	8h	40.580	−0.007%	$456K	$549K	20x	as long as short
HTX SMCI-USDT	+0.0100%	8h	40.590	+0.017%	$8K	$289K	10x	as long as short
SoDEX SMCI-USD	+0.0116%	1h	40.600	+0.042%	$136	$3K	10x	as long as short
Paragon para:SMCI	+0.0566%	1h	40.563	−0.049%	$156K	$241K	10x	as long as short