SMCI

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0460%/8h= +50.4% APRnext payment +$0.58 per $10,000 · paid last 24h +0.099%

Price spread now: Extended against Injective+1.063%100s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Extended

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Extended is 1.063% dearer against Injective than usual: you sell high and buy low: +$106 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective SMCI/USDC PERP	41.150	−0.0220	get 0.0028% / 1h	23m 40s	$4K	$96	12x
Short	Extended SMCI-USD	41.587	0.0240	get 0.0030% / 1h	23m 40s	$583	$10K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Injective. 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 InjectivebpFee ExtendedbpOrdersPrice spread, now +1.063%Rate

Funding earned: $96.6
Price spread: +1.063% → 0.000%: $106.3
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $197.88
Costs to cover: 0.050%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Extended: 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 Injective no order-book sample	—	—	—	—	—
Sell Extended no order-book sample	—	—	—	—	—

Injective and Extended: 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 PERPlong	−0.0220%	1h	41.150	long leg	$4K	$96	12x
Bybit SMCIUSDT	0.0000%	8h	41.600	+1.094%	$1.0M	$657K	25x	as long as short
OKX SMCI-USDT-SWAP	0.0000%	8h	41.700	+1.337%	$696K	$1.1M	20x	as long as short
Gate SMCI_USDT	0.0000%	8h	41.640	+1.191%	$1.6M	$1.7M	20x	as long as short
Bitget SMCIUSDT	0.0000%	8h	41.590	+1.069%	$1.3M	$508K	20x	as long as short
Phemex SMCIUSDT	0.0000%	8h	41.630	+1.166%	$1.6M	$247K	10x	as long as short
QFEX SMCI-USD	+0.0023%	1h	41.590	+1.069%	$1.1M	$2.3M	10x	as long as short
Lighter RH SMCI	+0.0032%	1h	41.596	+1.084%	$32K	$5K	10x	as long as short
Paragon para:SMCI	+0.0064%	1h	41.561	+0.998%	$160K	$265K	10x	as long as short
Variational Omni SMCI	+0.0093%	8h	41.683	+1.296%	$97K	$109K	—	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	41.550	+0.972%	$463K	$526K	20x	as long as short
HTX SMCI-USDT	+0.0100%	8h	41.640	+1.191%	$8K	$284K	10x	as long as short
SoDEX SMCI-USD	+0.0182%	1h	41.590	+1.069%	$136	$3K	10x	as long as short
Extended SMCI-USDshort	+0.0240%	1h	41.587	+1.063%	$583	$10K	10x
Binance SMCIUSDT	+0.0240%	8h	41.606	+1.108%	$3.4M	$5.1M	20x	as long as short
BloFin SMCI-USDT	+0.0270%	8h	41.680	+1.288%	$79K	$9K	20x	as long as short
GRVT SMCI_USDT_Perp	+0.0420%	8h	41.680	+1.289%	$642	$154K	10x	as long as short