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
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%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SMCIUSDT | 41.500 | 0 | get 0.0000% / 8h | 5h 25m | $1.0M | $648K | 25x |
| Short | OKX SMCI-USDT-SWAP | 41.520 | 0 | get 0.0000% / 8h | 5h 25m | $689K | $1.1M | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 5 min ago | 4.82 bp | 63.6 bp −$64 | 204.1 bp −$2,041 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 2.41 bp | 41.4 bp −$41 | doesn't fit | 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 | 41.130 | −0.892% | $4K | $94 | 12x | as long as short |
| Bybit SMCIUSDTlong | 0.0000% | 8h | 41.500 | long leg | $1.0M | $648K | 25x | |
| OKX SMCI-USDT-SWAPshort | 0.0000% | 8h | 41.520 | +0.048% | $689K | $1.1M | 20x | |
| Gate SMCI_USDT | 0.0000% | 8h | 41.500 | 0.000% | $1.6M | $1.6M | 20x | as long as short |
| Bitget SMCIUSDT | 0.0000% | 8h | 41.501 | +0.002% | $1.3M | $505K | 20x | as long as short |
| Phemex SMCIUSDT | 0.0000% | 8h | 41.520 | +0.048% | $1.6M | $248K | 10x | as long as short |
| Lighter RH SMCI | +0.0032% | 1h | 41.499 | −0.002% | $32K | $5K | 10x | as long as short |
| QFEX SMCI-USD | +0.0048% | 1h | 41.490 | −0.024% | $1.1M | $2.1M | 10x | as long as short |
| SoDEX SMCI-USD | +0.0050% | 1h | 41.500 | 0.000% | $142 | $3K | 10x | as long as short |
| Variational Omni SMCI | +0.0051% | 8h | 41.506 | +0.016% | $98K | $110K | — | 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 | 41.490 | −0.024% | $462K | $485K | 20x | as long as short |
| HTX SMCI-USDT | +0.0100% | 8h | 41.520 | +0.048% | $8K | $285K | 10x | as long as short |
| GRVT SMCI_USDT_Perp | +0.0115% | 8h | 41.520 | +0.048% | $502 | $155K | 10x | as long as short |
| BloFin SMCI-USDT | +0.0179% | 8h | 41.490 | −0.024% | $80K | $9K | 20x | as long as short |
| Binance SMCIUSDT | +0.0181% | 8h | 41.515 | +0.036% | $3.4M | $5.2M | 20x | as long as short |
| Extended SMCI-USD | +0.0184% | 1h | 41.502 | +0.005% | $580 | $10K | 10x | as long as short |
| Paragon para:SMCI | +0.1327% | 1h | 41.500 | −0.001% | $159K | $265K | 10x | as long as short |
Bybit SMCIUSDT
OKX SMCI-USDT-SWAP
Injective SMCI/USDC PERP
Gate SMCI_USDT
Bitget SMCIUSDT
Phemex SMCIUSDT
Lighter RH SMCI
SoDEX SMCI-USD
Variational Omni SMCI
KuCoin SMCIUSDTM
HTX SMCI-USDT
GRVT SMCI_USDT_Perp
BloFin SMCI-USDT
Binance SMCIUSDT
Extended SMCI-USD
Paragon para:SMCI