Settings8H · net · $10k
Funding arb · Price arb /

SMCI

RWAall SMCI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0189%/8h= +20.7% APRnext payment +$1.89 per $10,000 · paid last 24h +0.027%
Price spread now: BloFin against Bitget+0.039%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BloFin is 0.039% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SMCIUSDT41.014−0.0133get 0.0133% / 8h1h 40m$1.3M$465K20x
ShortBloFin SMCI-USDT41.0300.0056get 0.0056% / 8h1h 40m$80K$9K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$39.65
Price spread: +0.039% → 0.000%
$3.9
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
$19.55
Costs to cover
0.240%
Break-even
3.5 days
Slippage unknown: Bitget: live order book, 1 min ago; BloFin: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 1 min ago3.66 bp21.1 bp −$2123.9 bp −$239doesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SMCI on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective SMCI/USDC PERP−0.0220%1h40.640−0.912%$4K$8912xas long as short
Bitget SMCIUSDTlong−0.0133%8h41.014long leg$1.3M$465K20x
Bybit SMCIUSDT0.0000%8h40.970−0.107%$997K$293K25xas long as short
OKX SMCI-USDT-SWAP0.0000%8h40.980−0.083%$684K$1.1M20xas long as short
Gate SMCI_USDT0.0000%8h40.960−0.132%$1.5M$1.4M20xas long as short
Variational Omni SMCI0.0000%8h40.993−0.052%$116K$127Kas long as short
Phemex SMCIUSDT0.0000%8h40.980−0.083%$1.6M$263K10xas long as short
Binance SMCIUSDT+0.0031%8h40.990−0.059%$3.4M$5.4M20xas long as short
Lighter RH SMCI+0.0032%1h40.992−0.054%$32K$5K10xas long as short
Extended SMCI-USD+0.0032%1h40.981−0.081%$57610xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX SMCI-USD+0.0050%1h40.980−0.083%$134$3K10xas long as short
BloFin SMCI-USDTshort+0.0056%8h41.030+0.039%$80K$9K20x
Paragon para:SMCI+0.0073%1h40.962−0.128%$157K$266K10xas long as short
QFEX SMCI-USD+0.0075%1h40.980−0.083%$1.1M$1.8M10xas long as short
GRVT SMCI_USDT_Perp+0.0079%8h41.010−0.010%$584$169K10xas long as short
KuCoin SMCIUSDTM+0.0100%8h40.970−0.107%$459K$485K20xas long as short
HTX SMCI-USDT+0.0100%8h41.000−0.034%$8K$285K10xas long as short