SMCI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0159%/8h= +17.4% APRnext payment +$1.59 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against Bitget+0.073%7-day average −0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$228as in the Funding arb table

Net, price: spread back to 7d avg − costs−$217as in the Price arb table

costs, in and out, $10k−$2282.284% of the position

Long on Bitget Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days−0.075%−$8 · spread now +0.073%, 7d avg −0.045%

Together, before fees−0.075%−$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Gate is 0.118% dearer against Bitget than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.045%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget SMCIUSDT	41.120	−0.0159	get 0.0159% / 8h	2h 04m	$1.3M	$501K	20x
Short	Gate SMCI_USDT	41.150	0	get 0.0000% / 8h	2h 04m	$1.5M	$1.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.073%Rate

Funding earned: $33.39
Price spread: +0.073% → −0.045%: $11.76
Slippage, 4 orders: −$201.35
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$183.2
Costs to cover: 2.284%
Break-even: 45.4 days

Slippage from Bitget: live order book, 2 min ago; Gate: live order book, 3 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, 2 min ago	8.01 bp	16.6 bp −$17	18.7 bp −$187	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	15.79 bp	24.1 bp −$24	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	−1.192%	$4K	$93	12x	as long as short
Bitget SMCIUSDTlong	−0.0159%	8h	41.120	long leg	$1.3M	$501K	20x
Bybit SMCIUSDT	0.0000%	8h	41.120	0.000%	$1.0M	$292K	25x	as long as short
OKX SMCI-USDT-SWAP	0.0000%	8h	41.180	+0.146%	$687K	$1.1M	20x	as long as short
Gate SMCI_USDTshort	0.0000%	8h	41.150	+0.073%	$1.5M	$1.6M	20x
Variational Omni SMCI	0.0000%	8h	41.188	+0.165%	$117K	$127K	—	as long as short
Phemex SMCIUSDT	0.0000%	8h	41.160	+0.097%	$1.6M	$262K	10x	as long as short
Lighter RH SMCI	+0.0032%	1h	41.113	−0.017%	$32K	$5K	10x	as long as short
BloFin SMCI-USDT	+0.0050%	8h	41.180	+0.146%	$79K	$9K	20x	as long as short
QFEX SMCI-USD	+0.0056%	1h	41.170	+0.122%	$1.1M	$1.8M	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paragon para:SMCI	+0.0060%	1h	41.088	−0.077%	$158K	$266K	10x	as long as short
Binance SMCIUSDT	+0.0062%	8h	41.140	+0.049%	$3.4M	$5.4M	20x	as long as short
Extended SMCI-USD	+0.0064%	1h	41.128	+0.020%	$576	—	10x	as long as short
KuCoin SMCIUSDTM	+0.0100%	8h	41.110	−0.024%	$461K	$473K	20x	as long as short
HTX SMCI-USDT	+0.0100%	8h	41.140	+0.049%	$8K	$285K	10x	as long as short
GRVT SMCI_USDT_Perp	+0.0103%	8h	41.180	+0.146%	$649	$168K	10x	as long as short
SoDEX SMCI-USD	+0.0121%	1h	41.130	+0.024%	$143	$3K	10x	as long as short