SMCI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0144%/8h= +15.8% APRnext payment +$1.44 per $10,000 · paid last 24h +0.002%

Price spread now: Binance against KuCoin+0.024%7-day average +0.076% · you sell dearer than you buy

Net, funding: paid 7d − costs−$466as in the Funding arb table

Net, price: spread back to 7d avg − costs−$465as in the Price arb table

costs, in and out, $10k−$4604.597% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.064%−$6 on $10k

Price spread, last 2 days (all we have)+0.028%+$3 · spread now +0.024%, 7d avg +0.076%

Together, before fees−0.036%−$4 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.052% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.024% now, against its 7-day average of +0.076%). If the spread goes back, that is −$5 on $10k: about 29 hours of funding at the current rate (+$4 a day). Mind the row above: over the last 7 days funding on this pair cost −0.064%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SMCIUSDTM	41.650	0.0100	pay 0.0100% / 8h	6h 59m	$465K	$518K	20x
Short	Binance SMCIUSDT	41.660	0.0244	get 0.0244% / 8h	6h 59m	$3.4M	$5.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now +0.024%Rate

Funding earned: $30.27
Price spread: +0.024% → +0.076%: −$5.21
Slippage, 4 orders: −$437.65
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$434.59
Costs to cover: 4.597%
Break-even: 107.5 days

Slippage from KuCoin: live order book, 53 min ago; Binance: live order book, 8 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 KuCoin live order book, 53 min ago	18.06 bp	224.2 bp −$224	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 8 min ago	1.20 bp	15.0 bp −$15	64.0 bp −$640	490.3 bp −$49.0K	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	41.240	−0.984%	$4K	$98	12x	as long as short
Bybit SMCIUSDT	0.0000%	8h	41.660	+0.024%	$1.0M	$647K	25x	as long as short
OKX SMCI-USDT-SWAP	0.0000%	8h	41.660	+0.024%	$694K	$1.1M	20x	as long as short
Gate SMCI_USDT	0.0000%	8h	41.630	−0.048%	$1.6M	$1.7M	20x	as long as short
Bitget SMCIUSDT	0.0000%	8h	41.645	−0.012%	$1.3M	$506K	20x	as long as short
Phemex SMCIUSDT	0.0000%	8h	41.660	+0.024%	$1.6M	$247K	10x	as long as short
QFEX SMCI-USD	+0.0023%	1h	41.630	−0.048%	$1.1M	$2.2M	10x	as long as short
Lighter RH SMCI	+0.0032%	1h	41.644	−0.014%	$32K	$5K	10x	as long as short
Paragon para:SMCI	+0.0060%	1h	41.634	−0.037%	$160K	$265K	10x	as long as short
SoDEX SMCI-USD	+0.0096%	1h	41.660	+0.024%	$137	$3K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin SMCIUSDTMlong	+0.0100%	8h	41.650	long leg	$465K	$518K	20x
HTX SMCI-USDT	+0.0100%	8h	41.640	−0.024%	$8K	$284K	10x	as long as short
Variational Omni SMCI	+0.0104%	8h	41.663	+0.031%	$97K	$109K	—	as long as short
BloFin SMCI-USDT	+0.0221%	8h	41.670	+0.048%	$79K	$9K	20x	as long as short
Binance SMCIUSDTshort	+0.0244%	8h	41.660	+0.024%	$3.4M	$5.1M	20x
Extended SMCI-USD	+0.0248%	1h	41.650	−0.001%	$583	$10K	10x	as long as short
GRVT SMCI_USDT_Perp	+0.0345%	8h	41.660	+0.024%	$879	$153K	10x	as long as short