SMCI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against Bitget−0.070%7-day average −0.066% · you buy dearer than you sell

Net, funding: paid 7d − costs−$634as in the Funding arb table

Net, price: spread back to 7d avg − costs−$646as in the Price arb table

costs, in and out, $10k−$6466.458% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.117%+$12 on $10k

Price spread, last 4 days (all we have)+0.151%+$15 · spread now −0.070%, 7d avg −0.066%

Together, before fees+0.269%+$27 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.066%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget SMCIUSDT	41.539	0	get 0.0000% / 8h	4h 07m	$1.3M	$489K	20x
Short	KuCoin SMCIUSDTM	41.510	0.0100	get 0.0100% / 8h	4h 07m	$464K	$482K	20x

Funding history

latest

Range statsloading…

KuCoin against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BitgetbpFee KuCoinbpOrdersPrice spread, now −0.070%Rate

Slippage from Bitget: live order book, 4 min ago; KuCoin: live order book, 6 min ago.

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, 4 min ago	5.90 bp	23.0 bp −$23	34.8 bp −$348	doesn't fit	doesn't fit
Sell KuCoin live order book, 6 min ago	12.04 bp	289.8 bp −$290	doesn't fit	doesn't fit	doesn't fit

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	41.120	−1.009%	$4K	$95	12x	as long as short
Bybit SMCIUSDT	0.0000%	8h	41.510	−0.070%	$1.0M	$647K	25x	as long as short
OKX SMCI-USDT-SWAP	0.0000%	8h	41.580	+0.099%	$690K	$1.1M	20x	as long as short
Gate SMCI_USDT	0.0000%	8h	41.530	−0.022%	$1.6M	$1.6M	20x	as long as short
Bitget SMCIUSDTlong	0.0000%	8h	41.539	long leg	$1.3M	$489K	20x
Phemex SMCIUSDT	0.0000%	8h	41.550	+0.026%	$1.6M	$249K	10x	as long as short
QFEX SMCI-USD	+0.0021%	1h	41.520	−0.046%	$1.1M	$1.9M	10x	as long as short
Variational Omni SMCI	+0.0030%	8h	41.528	−0.027%	$98K	$110K	—	as long as short
Lighter RH SMCI	+0.0032%	1h	41.520	−0.046%	$32K	$5K	10x	as long as short
SoDEX SMCI-USD	+0.0050%	1h	41.540	+0.002%	$149	$3K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin SMCIUSDTMshort	+0.0100%	8h	41.510	−0.070%	$464K	$482K	20x
HTX SMCI-USDT	+0.0100%	8h	41.560	+0.051%	$8K	$285K	10x	as long as short
GRVT SMCI_USDT_Perp	+0.0113%	8h	41.540	+0.002%	$234	$160K	10x	as long as short
Binance SMCIUSDT	+0.0152%	8h	41.546	+0.018%	$3.4M	$5.2M	20x	as long as short
Extended SMCI-USD	+0.0152%	1h	41.538	−0.002%	$582	$10K	10x	as long as short
BloFin SMCI-USDT	+0.0169%	8h	41.530	−0.022%	$80K	$9K	20x	as long as short
Paragon para:SMCI	+0.1087%	1h	41.471	−0.164%	$159K	$265K	10x	as long as short