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: Gate against HTX−0.048%7-day average −0.079% · you buy dearer than you sell

Net, funding: paid 7d − costs−$161as in the Funding arb table

Net, price: spread back to 7d avg − costs−$137as in the Price arb table

costs, in and out, $10k−$1401.405% of the position

Long on HTX Short on Gate

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

The price spread pays, funding is against you. Gate is 0.031% dearer against HTX than usual: you sell high and buy low (spread −0.048% now, against its 7-day average of −0.079%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 25 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX SMCI-USDT	41.550	0.0100	pay 0.0100% / 8h	5h 02m	$8K	$285K	10x
Short	Gate SMCI_USDT	41.530	0	get 0.0000% / 8h	5h 02m	$1.6M	$1.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against HTX. 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 HTXbpFee GatebpOrdersPrice spread, now −0.048%Rate

Funding earned: −$21
Price spread: −0.048% → −0.079%: $3.11
Slippage, 4 orders: −$113.47
Fee HTX: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$158.36
Costs to cover: 1.405%
Break-even: never at this rate

Slippage from HTX: live order book, 60 min ago; Gate: live order book, just now.

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 HTX live order book, 60 min ago	24.07 bp	41.1 bp −$41	77.7 bp −$777	doesn't fit	doesn't fit
Sell Gate live order book, just now	8.43 bp	45.2 bp −$45	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	41.140	−0.987%	$4K	$96	12x	as long as short
Bybit SMCIUSDT	0.0000%	8h	41.510	−0.096%	$1.0M	$648K	25x	as long as short
OKX SMCI-USDT-SWAP	0.0000%	8h	41.560	+0.024%	$689K	$1.1M	20x	as long as short
Gate SMCI_USDTshort	0.0000%	8h	41.530	−0.048%	$1.6M	$1.6M	20x
Bitget SMCIUSDT	0.0000%	8h	41.520	−0.072%	$1.3M	$504K	20x	as long as short
Phemex SMCIUSDT	0.0000%	8h	41.540	−0.024%	$1.6M	$249K	10x	as long as short
Lighter RH SMCI	+0.0032%	1h	41.532	−0.043%	$32K	$5K	10x	as long as short
QFEX SMCI-USD	+0.0048%	1h	41.540	−0.024%	$1.1M	$2.0M	10x	as long as short
SoDEX SMCI-USD	+0.0050%	1h	41.540	−0.024%	$144	$3K	10x	as long as short
Variational Omni SMCI	+0.0071%	8h	41.552	+0.005%	$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	41.520	−0.072%	$463K	$478K	20x	as long as short
HTX SMCI-USDTlong	+0.0100%	8h	41.550	long leg	$8K	$285K	10x
GRVT SMCI_USDT_Perp	+0.0179%	8h	41.570	+0.048%	$489	$156K	10x	as long as short
Extended SMCI-USD	+0.0192%	1h	41.540	−0.025%	$580	$10K	10x	as long as short
Binance SMCIUSDT	+0.0193%	8h	41.550	0.000%	$3.4M	$5.2M	20x	as long as short
BloFin SMCI-USDT	+0.0222%	8h	41.550	0.000%	$33K	$9K	20x	as long as short
Paragon para:SMCI	+0.1258%	1h	41.500	−0.121%	$159K	$265K	10x	as long as short