SMCI

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0295%/8h= +32.3% APRnext payment +$0.37 per $10,000 · paid last 24h +0.062%

Price spread now: Paragon against Extended+0.061%45s7-day average — · you sell dearer than you buy

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

Long on Extended Short on Paragon

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Paragon is 0.061% dearer against Extended than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 45 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	Extended SMCI-USD	41.204	0.0088	pay 0.0011% / 1h	37m 55s	$579	$10K	10x
Short	Paragon para:SMCI	41.229	0.0383	get 0.0048% / 1h	37m 55s	$158K	$265K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paragon against Extended. 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 ExtendedbpFee ParagonbpOrdersPrice spread, now +0.061%Rate

Funding earned: $61.95
Price spread: +0.061% → 0.000%: $6.09
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Paragon: 5 bp × 2 orders: −$10
Net: $53.05
Costs to cover: 0.150%
Break-even: 1.0 days

Slippage unknown: Extended: no order-book sample; Paragon: live order book, 48 min ago. 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 Extended no order-book sample	—	—	—	—	—
Sell Paragon live order book, 48 min ago	53.49 bp	58.5 bp −$58	doesn't fit	doesn't fit	doesn't fit

Extended: 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	41.060	−0.349%	$4K	$91	12x	as long as short
Bybit SMCIUSDT	0.0000%	8h	41.180	−0.057%	$1.0M	$490K	25x	as long as short
OKX SMCI-USDT-SWAP	0.0000%	8h	41.240	+0.088%	$685K	$1.1M	20x	as long as short
Gate SMCI_USDT	0.0000%	8h	41.220	+0.040%	$1.5M	$1.6M	20x	as long as short
Bitget SMCIUSDT	0.0000%	8h	41.224	+0.049%	$1.3M	$501K	20x	as long as short
Variational Omni SMCI	0.0000%	8h	41.273	+0.168%	$97K	$110K	—	as long as short
Phemex SMCIUSDT	0.0000%	8h	41.230	+0.064%	$1.6M	$253K	10x	as long as short
GRVT SMCI_USDT_Perp	+0.0018%	8h	41.273	+0.167%	$485	$163K	10x	as long as short
QFEX SMCI-USD	+0.0032%	1h	41.230	+0.064%	$1.1M	$1.8M	10x	as long as short
Lighter RH SMCI	+0.0032%	1h	41.208	+0.011%	$32K	$5K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX SMCI-USD	+0.0050%	1h	41.220	+0.040%	$149	$3K	10x	as long as short
Binance SMCIUSDT	+0.0084%	8h	41.215	+0.028%	$3.4M	$5.2M	20x	as long as short
Extended SMCI-USDlong	+0.0088%	1h	41.204	long leg	$579	$10K	10x
BloFin SMCI-USDT	+0.0091%	8h	41.340	+0.331%	$79K	$9K	20x	as long as short
KuCoin SMCIUSDTM	+0.0100%	8h	41.180	−0.057%	$460K	$480K	20x	as long as short
HTX SMCI-USDT	+0.0100%	8h	41.250	+0.113%	$8K	$285K	10x	as long as short
Paragon para:SMCIshort	+0.0383%	1h	41.229	+0.061%	$158K	$265K	10x