SMCI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: HTX against Gate+0.048%7-day average +0.079% · you sell dearer than you buy

Net, funding: paid 7d − costs−$104as in the Funding arb table

Net, price: spread back to 7d avg − costs−$128as in the Price arb table

costs, in and out, $10k−$1251.254% of the position

Long on Gate Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.210%+$21 on $10k

Price spread, last 4 days (all we have)+0.208%+$21 · spread now +0.048%, 7d avg +0.079%

Together, before fees+0.418%+$42 on $10k · with fees, hour by hour

Funding pays, the price is against you. HTX is 0.031% cheaper against Gate than usual: you would sell low and buy high (spread +0.048% now, against its 7-day average of +0.079%). If the spread goes back, that is −$3 on $10k: about 25 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SMCI_USDT	41.500	0	get 0.0000% / 8h	5h 25m	$1.6M	$1.6M	20x
Short	HTX SMCI-USDT	41.520	0.0100	get 0.0100% / 8h	5h 25m	$8K	$285K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Gate. 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 GatebpFee HTXbpOrdersPrice spread, now +0.048%Rate

Funding earned: $21
Price spread: +0.048% → +0.079%: −$3.1
Slippage, 4 orders: −$98.37
Fee Gate: 7.5 bp × 2 orders: −$15
Fee HTX: 6 bp × 2 orders: −$12
Net: −$107.47
Costs to cover: 1.254%
Break-even: 42.8 days

Slippage from Gate: live order book, 2 min ago; HTX: live order book, 37 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 Gate live order book, 2 min ago	8.44 bp	30.0 bp −$30	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 37 min ago	24.07 bp	37.4 bp −$37	72.4 bp −$724	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 SMCIUSDT	0.0000%	8h	41.500	0.000%	$1.0M	$648K	25x	as long as short
OKX SMCI-USDT-SWAP	0.0000%	8h	41.520	+0.048%	$689K	$1.1M	20x	as long as short
Gate SMCI_USDTlong	0.0000%	8h	41.500	long leg	$1.6M	$1.6M	20x
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-USDTshort	+0.0100%	8h	41.520	+0.048%	$8K	$285K	10x
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