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: KuCoin against Gate−0.073%7-day average −0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$559as in the Funding arb table

Net, price: spread back to 7d avg − costs−$576as in the Price arb table

costs, in and out, $10k−$5705.704% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.117%+$12 on $10k

Price spread, last 4 days (all we have)+0.124%+$12 · spread now −0.073%, 7d avg −0.018%

Together, before fees+0.242%+$24 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.054% cheaper against Gate than usual: you would sell low and buy high (spread −0.073% now, against its 7-day average of −0.018%). If the spread goes back, that is −$5 on $10k: about 44 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	41.220	0	get 0.0000% / 8h	3h 38m	$1.5M	$1.6M	20x
Short	KuCoin SMCIUSDTM	41.190	0.0100	get 0.0100% / 8h	3h 38m	$460K	$480K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.073%Rate

Funding earned: $21
Price spread: −0.073% → −0.018%: −$5.44
Slippage, 4 orders: −$543.35
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$554.79
Costs to cover: 5.704%
Break-even: 191.9 days

Slippage from Gate: live order book, 4 min ago; KuCoin: live order book, 35 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, 4 min ago	8.47 bp	18.4 bp −$18	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 35 min ago	12.04 bp	289.8 bp −$290	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	41.060	−0.388%	$4K	$91	12x	as long as short
Bybit SMCIUSDT	0.0000%	8h	41.180	−0.097%	$1.0M	$490K	25x	as long as short
OKX SMCI-USDT-SWAP	0.0000%	8h	41.240	+0.049%	$685K	$1.1M	20x	as long as short
Gate SMCI_USDTlong	0.0000%	8h	41.220	long leg	$1.5M	$1.6M	20x
Bitget SMCIUSDT	0.0000%	8h	41.224	+0.010%	$1.3M	$501K	20x	as long as short
Variational Omni SMCI	0.0000%	8h	41.273	+0.128%	$97K	$110K	—	as long as short
Phemex SMCIUSDT	0.0000%	8h	41.230	+0.024%	$1.6M	$253K	10x	as long as short
GRVT SMCI_USDT_Perp	+0.0018%	8h	41.273	+0.128%	$485	$163K	10x	as long as short
QFEX SMCI-USD	+0.0032%	1h	41.230	+0.024%	$1.1M	$1.8M	10x	as long as short
Lighter RH SMCI	+0.0032%	1h	41.208	−0.029%	$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	0.000%	$149	$3K	10x	as long as short
Binance SMCIUSDT	+0.0084%	8h	41.217	−0.006%	$3.4M	$5.2M	20x	as long as short
Extended SMCI-USD	+0.0088%	1h	41.222	+0.004%	$579	$10K	10x	as long as short
BloFin SMCI-USDT	+0.0091%	8h	41.340	+0.291%	$79K	$9K	20x	as long as short
KuCoin SMCIUSDTMshort	+0.0100%	8h	41.190	−0.073%	$460K	$480K	20x
HTX SMCI-USDT	+0.0100%	8h	41.250	+0.073%	$8K	$285K	10x	as long as short
Paragon para:SMCI	+0.0383%	1h	41.229	+0.021%	$158K	$265K	10x	as long as short