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

SMCI

RWAall SMCI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0118%/8h= −12.9% APRnext payment $0.15 per $10,000 · paid last 24h −0.014%
Price spread now: SoDEX against Extended−0.049%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and SoDEX is 0.049% cheaper against Extended than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended SMCI-USD41.6000.0168pay 0.0021% / 1h34m 12s$580$10K10x
ShortSoDEX SMCI-USD41.5800.0050get 0.0006% / 1h34m 12s$146$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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

Funding earned
−$24.78
Price spread: −0.049% → 0.000%
−$4.87
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$42.65
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Extended: no order-book sample; SoDEX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended no order-book sample
Sell SoDEX no order-book sample
Extended and SoDEX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective SMCI/USDC PERP−0.0220%1h41.110−1.179%$4K$9212xas long as short
Bybit SMCIUSDT0.0000%8h41.540−0.145%$1.0M$648K25xas long as short
OKX SMCI-USDT-SWAP0.0000%8h41.580−0.049%$690K$1.1M20xas long as short
Gate SMCI_USDT0.0000%8h41.560−0.097%$1.6M$1.6M20xas long as short
Bitget SMCIUSDT0.0000%8h41.528−0.174%$1.3M$504K20xas long as short
Phemex SMCIUSDT0.0000%8h41.620+0.047%$1.6M$249K10xas long as short
QFEX SMCI-USD+0.0021%1h41.550−0.121%$1.1M$1.9M10xas long as short
Lighter RH SMCI+0.0032%1h41.585−0.037%$32K$5K10xas long as short
Variational Omni SMCI+0.0042%8h41.603+0.006%$98K$110Kas long as short
SoDEX SMCI-USDshort+0.0050%1h41.580−0.049%$146$3K10x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SMCIUSDTM+0.0100%8h41.570−0.073%$464K$479K20xas long as short
HTX SMCI-USDT+0.0100%8h41.620+0.047%$8K$285K10xas long as short
GRVT SMCI_USDT_Perp+0.0133%8h41.590−0.025%$109$158K10xas long as short
Extended SMCI-USDlong+0.0168%1h41.600long leg$580$10K10x
Binance SMCIUSDT+0.0170%8h41.611+0.025%$3.4M$5.2M20xas long as short
BloFin SMCI-USDT+0.0185%8h41.630+0.071%$80K$9K20xas long as short
Paragon para:SMCI+0.1019%1h41.537−0.153%$159K$265K10xas long as short