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

SMCI

RWAall SMCI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.103%
Price spread now: Gate against Bybit0.000%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$238as in the Funding arb table
Net, price: spread back to 7d avg − costs−$240as in the Price arb table
costs, in and out, $10k−$2402.403% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.025%+$3 on $10k
Price spread, last 7 days−0.126%−$13 · spread now 0.000%, 7d avg +0.001%
Together, before fees−0.101%−$10 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SMCIUSDT41.4000get 0.0000% / 8h35m 52s$1.0M$670K25x
ShortGate SMCI_USDT41.4000get 0.0000% / 8h35m 52s$1.6M$1.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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

Funding earned
$0
Price spread: 0.000% → +0.001%
−$0.15
Slippage, 4 orders
−$214.3
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$240.45
Costs to cover
2.403%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; Gate: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 5 min ago6.04 bp75.6 bp −$76193.0 bp −$1,930doesn't fitdoesn't fit
Sell Gate live order book, 2 min ago6.04 bp17.5 bp −$17doesn't fitdoesn't fitdoesn't fit

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%1h41.000−0.966%$4K$9612xas long as short
Bybit SMCIUSDTlong0.0000%8h41.400long leg$1.0M$670K25x
OKX SMCI-USDT-SWAP0.0000%8h41.430+0.072%$689K$1.1M20xas long as short
Gate SMCI_USDTshort0.0000%8h41.4000.000%$1.6M$1.8M20x
Bitget SMCIUSDT0.0000%8h41.391−0.022%$1.3M$533K20xas long as short
Phemex SMCIUSDT0.0000%8h41.430+0.072%$1.6M$264K10xas long as short
Lighter RH SMCI+0.0032%1h41.408+0.019%$32K$5K10xas long as short
QFEX SMCI-USD+0.0041%1h41.420+0.048%$1.1M$2.3M10xas long as short
SoDEX SMCI-USD+0.0051%1h41.4000.000%$124$3K10xas long as short
Paragon para:SMCI+0.0060%1h41.361−0.094%$159K$265K10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SMCIUSDTM+0.0100%8h41.390−0.024%$462K$540K20xas long as short
HTX SMCI-USDT+0.0100%8h41.410+0.024%$8K$284K10xas long as short
Variational Omni SMCI+0.0107%8h41.425+0.061%$96K$109Kas long as short
BloFin SMCI-USDT+0.0248%8h41.410+0.024%$79K$9K20xas long as short
Extended SMCI-USD+0.0256%1h41.423+0.055%$578$10K10xas long as short
Binance SMCIUSDT+0.0258%8h41.429+0.070%$3.4M$5.5M20xas long as short
GRVT SMCI_USDT_Perp+0.0404%8h41.408+0.020%$749$157K10xas long as short