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

SMCI

RWAall SMCI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bybit+0.048%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$237as in the Funding arb table
Net, price: spread back to 7d avg − costs−$240as in the Price arb table
costs, in and out, $10k−$2402.400% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.026%+$3 on $10k
Price spread, last 7 days−0.030%−$3 · spread now +0.048%, 7d avg +0.051%
Together, before fees−0.004%$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SMCIUSDT41.5000get 0.0000% / 8h5h 25m$1.0M$648K25x
ShortOKX SMCI-USDT-SWAP41.5200get 0.0000% / 8h5h 25m$689K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +0.048% → +0.051%
−$0.25
Slippage, 4 orders
−$219.01
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
−$240.26
Costs to cover
2.400%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; OKX: live order book, 1 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 ago4.82 bp63.6 bp −$64204.1 bp −$2,041doesn't fitdoesn't fit
Sell OKX live order book, 1 min ago2.41 bp41.4 bp −$41doesn'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%1h41.130−0.892%$4K$9412xas long as short
Bybit SMCIUSDTlong0.0000%8h41.500long leg$1.0M$648K25x
OKX SMCI-USDT-SWAPshort0.0000%8h41.520+0.048%$689K$1.1M20x
Gate SMCI_USDT0.0000%8h41.5000.000%$1.6M$1.6M20xas long as short
Bitget SMCIUSDT0.0000%8h41.501+0.002%$1.3M$505K20xas long as short
Phemex SMCIUSDT0.0000%8h41.520+0.048%$1.6M$248K10xas long as short
Lighter RH SMCI+0.0032%1h41.499−0.002%$32K$5K10xas long as short
QFEX SMCI-USD+0.0048%1h41.490−0.024%$1.1M$2.1M10xas long as short
SoDEX SMCI-USD+0.0050%1h41.5000.000%$142$3K10xas long as short
Variational Omni SMCI+0.0051%8h41.506+0.016%$98K$110Kas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SMCIUSDTM+0.0100%8h41.490−0.024%$462K$485K20xas long as short
HTX SMCI-USDT+0.0100%8h41.520+0.048%$8K$285K10xas long as short
GRVT SMCI_USDT_Perp+0.0115%8h41.520+0.048%$502$155K10xas long as short
BloFin SMCI-USDT+0.0179%8h41.490−0.024%$80K$9K20xas long as short
Binance SMCIUSDT+0.0181%8h41.515+0.036%$3.4M$5.2M20xas long as short
Extended SMCI-USD+0.0184%1h41.502+0.005%$580$10K10xas long as short
Paragon para:SMCI+0.1327%1h41.500−0.001%$159K$265K10xas long as short