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
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SMCI-USD | 41.600 | 0.0168 | pay 0.0021% / 1h | 34m 12s | $580 | $10K | 10x |
| Short | SoDEX SMCI-USD | 41.580 | 0.0050 | get 0.0006% / 1h | 34m 12s | $146 | $3K | 10x |
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 itlatest
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| Leg | Half-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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective SMCI/USDC PERP | −0.0220% | 1h | 41.110 | −1.179% | $4K | $92 | 12x | as long as short |
| Bybit SMCIUSDT | 0.0000% | 8h | 41.540 | −0.145% | $1.0M | $648K | 25x | as long as short |
| OKX SMCI-USDT-SWAP | 0.0000% | 8h | 41.580 | −0.049% | $690K | $1.1M | 20x | as long as short |
| Gate SMCI_USDT | 0.0000% | 8h | 41.560 | −0.097% | $1.6M | $1.6M | 20x | as long as short |
| Bitget SMCIUSDT | 0.0000% | 8h | 41.528 | −0.174% | $1.3M | $504K | 20x | as long as short |
| Phemex SMCIUSDT | 0.0000% | 8h | 41.620 | +0.047% | $1.6M | $249K | 10x | as long as short |
| QFEX SMCI-USD | +0.0021% | 1h | 41.550 | −0.121% | $1.1M | $1.9M | 10x | as long as short |
| Lighter RH SMCI | +0.0032% | 1h | 41.585 | −0.037% | $32K | $5K | 10x | as long as short |
| Variational Omni SMCI | +0.0042% | 8h | 41.603 | +0.006% | $98K | $110K | — | as long as short |
| SoDEX SMCI-USDshort | +0.0050% | 1h | 41.580 | −0.049% | $146 | $3K | 10x |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SMCIUSDTM | +0.0100% | 8h | 41.570 | −0.073% | $464K | $479K | 20x | as long as short |
| HTX SMCI-USDT | +0.0100% | 8h | 41.620 | +0.047% | $8K | $285K | 10x | as long as short |
| GRVT SMCI_USDT_Perp | +0.0133% | 8h | 41.590 | −0.025% | $109 | $158K | 10x | as long as short |
| Extended SMCI-USDlong | +0.0168% | 1h | 41.600 | long leg | $580 | $10K | 10x | |
| Binance SMCIUSDT | +0.0170% | 8h | 41.611 | +0.025% | $3.4M | $5.2M | 20x | as long as short |
| BloFin SMCI-USDT | +0.0185% | 8h | 41.630 | +0.071% | $80K | $9K | 20x | as long as short |
| Paragon para:SMCI | +0.1019% | 1h | 41.537 | −0.153% | $159K | $265K | 10x | as long as short |
Extended SMCI-USD
SoDEX SMCI-USD
Injective SMCI/USDC PERP
Bybit SMCIUSDT
OKX SMCI-USDT-SWAP
Gate SMCI_USDT
Bitget SMCIUSDT
Phemex SMCIUSDT
Lighter RH SMCI
Variational Omni SMCI
KuCoin SMCIUSDTM
HTX SMCI-USDT
GRVT SMCI_USDT_Perp
Binance SMCIUSDT
BloFin SMCI-USDT
Paragon para:SMCI