SMCI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0121%/8h= +13.2% APRnext payment +$1.21 per $10,000 · paid last 24h +0.027%

Price spread now: BloFin against Bybit+0.072%102s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on BloFin

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.072% dearer against Bybit than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SMCIUSDT	41.520	0	get 0.0000% / 8h	4h 09m	$1.0M	$647K	25x
Short	BloFin SMCI-USDT	41.550	0.0121	get 0.0121% / 8h	4h 09m	$79K	$9K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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 BybitbpFee BloFinbpOrdersPrice spread, now +0.072%Rate

Funding earned: $25.37
Price spread: +0.072% → 0.000%: $7.23
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: $9.59
Costs to cover: 0.230%
Break-even: 4.4 days

Slippage unknown: Bybit: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 1 min ago	3.61 bp	78.5 bp −$79	205.4 bp −$2,054	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective SMCI/USDC PERP	−0.0220%	1h	41.120	−0.963%	$4K	$95	12x	as long as short
Bybit SMCIUSDTlong	0.0000%	8h	41.520	long leg	$1.0M	$647K	25x
OKX SMCI-USDT-SWAP	0.0000%	8h	41.580	+0.145%	$690K	$1.1M	20x	as long as short
Gate SMCI_USDT	0.0000%	8h	41.530	+0.024%	$1.6M	$1.6M	20x	as long as short
Bitget SMCIUSDT	0.0000%	8h	41.540	+0.048%	$1.3M	$490K	20x	as long as short
Phemex SMCIUSDT	0.0000%	8h	41.540	+0.048%	$1.6M	$249K	10x	as long as short
QFEX SMCI-USD	+0.0021%	1h	41.520	0.000%	$1.1M	$1.9M	10x	as long as short
Variational Omni SMCI	+0.0030%	8h	41.528	+0.019%	$98K	$110K	—	as long as short
Lighter RH SMCI	+0.0032%	1h	41.509	−0.026%	$32K	$5K	10x	as long as short
SoDEX SMCI-USD	+0.0050%	1h	41.530	+0.024%	$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 SMCIUSDTM	+0.0100%	8h	41.500	−0.048%	$463K	$481K	20x	as long as short
HTX SMCI-USDT	+0.0100%	8h	41.550	+0.072%	$8K	$285K	10x	as long as short
GRVT SMCI_USDT_Perp	+0.0113%	8h	41.540	+0.048%	$234	$160K	10x	as long as short
BloFin SMCI-USDTshort	+0.0121%	8h	41.550	+0.072%	$79K	$9K	20x
Extended SMCI-USD	+0.0144%	1h	41.528	+0.020%	$582	$10K	10x	as long as short
Binance SMCIUSDT	+0.0148%	8h	41.540	+0.048%	$3.4M	$5.2M	20x	as long as short
Paragon para:SMCI	+0.1117%	1h	41.472	−0.116%	$159K	$265K	10x	as long as short