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: HTX against Bybit+0.170%7-day average +0.040% · you sell dearer than you buy

Net, funding: paid 7d − costs−$155as in the Funding arb table

Net, price: spread back to 7d avg − costs−$166as in the Price arb table

costs, in and out, $10k−$1791.790% of the position

Long on Bybit Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.236%+$24 on $10k

Price spread, last 4 days (all we have)−0.093%−$9 · spread now +0.170%, 7d avg +0.040%

Together, before fees+0.143%+$14 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and HTX is 0.130% dearer against Bybit than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.040%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SMCIUSDT	41.130	0	get 0.0000% / 8h	2h 07m	$1.0M	$292K	25x
Short	HTX SMCI-USDT	41.200	0.0100	get 0.0100% / 8h	2h 07m	$8K	$285K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.170%Rate

Funding earned: $21
Price spread: +0.170% → +0.040%: $13.02
Slippage, 4 orders: −$155.99
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee HTX: 6 bp × 2 orders: −$12
Net: −$144.97
Costs to cover: 1.790%
Break-even: 55.3 days

Slippage from Bybit: live order book, 33 min ago; HTX: live order book, 40 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 Bybit live order book, 33 min ago	4.88 bp	20.5 bp −$20	198.6 bp −$1,986	doesn't fit	doesn't fit
Sell HTX live order book, 40 min ago	13.35 bp	46.0 bp −$46	81.1 bp −$811	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	−1.216%	$4K	$93	12x	as long as short
Bitget SMCIUSDT	−0.0163%	8h	41.160	+0.073%	$1.3M	$501K	20x	as long as short
Bybit SMCIUSDTlong	0.0000%	8h	41.130	long leg	$1.0M	$292K	25x
OKX SMCI-USDT-SWAP	0.0000%	8h	41.200	+0.170%	$687K	$1.1M	20x	as long as short
Gate SMCI_USDT	0.0000%	8h	41.160	+0.073%	$1.5M	$1.6M	20x	as long as short
Variational Omni SMCI	0.0000%	8h	41.183	+0.128%	$117K	$127K	—	as long as short
Phemex SMCIUSDT	0.0000%	8h	41.170	+0.097%	$1.6M	$262K	10x	as long as short
Lighter RH SMCI	+0.0032%	1h	41.178	+0.117%	$32K	$5K	10x	as long as short
QFEX SMCI-USD	+0.0056%	1h	41.190	+0.146%	$1.1M	$1.8M	10x	as long as short
Paragon para:SMCI	+0.0060%	1h	41.128	−0.005%	$158K	$266K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance SMCIUSDT	+0.0063%	8h	41.190	+0.146%	$3.4M	$5.4M	20x	as long as short
Extended SMCI-USD	+0.0064%	1h	41.178	+0.117%	$576	—	10x	as long as short
BloFin SMCI-USDT	+0.0075%	8h	41.180	+0.122%	$79K	$9K	20x	as long as short
GRVT SMCI_USDT_Perp	+0.0092%	8h	41.160	+0.073%	$103	$167K	10x	as long as short
KuCoin SMCIUSDTM	+0.0100%	8h	41.160	+0.073%	$462K	$472K	20x	as long as short
HTX SMCI-USDTshort	+0.0100%	8h	41.200	+0.170%	$8K	$285K	10x
SoDEX SMCI-USD	+0.0135%	1h	41.190	+0.146%	$144	$3K	10x	as long as short