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: Phemex against KuCoin+0.072%7-day average +0.062% · you sell dearer than you buy

Net, funding: paid 7d − costs−$536as in the Funding arb table

Net, price: spread back to 7d avg − costs−$523as in the Price arb table

costs, in and out, $10k−$5245.241% of the position

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)−0.149%−$15 · spread now +0.072%, 7d avg +0.062%

Together, before fees−0.266%−$27 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.062%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SMCIUSDTM	41.490	0.0100	pay 0.0100% / 8h	5h 23m	$462K	$485K	20x
Short	Phemex SMCIUSDT	41.520	0	get 0.0000% / 8h	5h 23m	$1.6M	$248K	10x

Funding history

latest

Range statsloading…

Phemex against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee KuCoinbpFee PhemexbpOrdersPrice spread, now +0.072%Rate

Slippage from KuCoin: live order book, 74 min ago; Phemex: live order book, 5 min ago.

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, 74 min ago	20.51 bp	219.2 bp −$219	doesn't fit	doesn't fit	doesn't fit
Sell Phemex live order book, 5 min ago	2.41 bp	51.6 bp −$52	doesn't fit	doesn't fit	doesn't fit

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	−0.868%	$4K	$94	12x	as long as short
Bybit SMCIUSDT	0.0000%	8h	41.500	+0.024%	$1.0M	$648K	25x	as long as short
OKX SMCI-USDT-SWAP	0.0000%	8h	41.520	+0.072%	$689K	$1.1M	20x	as long as short
Gate SMCI_USDT	0.0000%	8h	41.500	+0.024%	$1.6M	$1.6M	20x	as long as short
Bitget SMCIUSDT	0.0000%	8h	41.506	+0.039%	$1.3M	$505K	20x	as long as short
Phemex SMCIUSDTshort	0.0000%	8h	41.520	+0.072%	$1.6M	$248K	10x
Lighter RH SMCI	+0.0032%	1h	41.503	+0.031%	$32K	$5K	10x	as long as short
QFEX SMCI-USD	+0.0048%	1h	41.500	+0.024%	$1.1M	$2.1M	10x	as long as short
SoDEX SMCI-USD	+0.0050%	1h	41.510	+0.048%	$143	$3K	10x	as long as short
Variational Omni SMCI	+0.0051%	8h	41.506	+0.040%	$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 SMCIUSDTMlong	+0.0100%	8h	41.490	long leg	$462K	$485K	20x
HTX SMCI-USDT	+0.0100%	8h	41.510	+0.048%	$8K	$284K	10x	as long as short
GRVT SMCI_USDT_Perp	+0.0115%	8h	41.520	+0.072%	$502	$155K	10x	as long as short
Extended SMCI-USD	+0.0176%	1h	41.499	+0.023%	$580	$10K	10x	as long as short
Binance SMCIUSDT	+0.0177%	8h	41.510	+0.048%	$3.4M	$5.2M	20x	as long as short
BloFin SMCI-USDT	+0.0186%	8h	41.540	+0.121%	$33K	$9K	20x	as long as short
Paragon para:SMCI	+0.1316%	1h	41.500	+0.023%	$159K	$265K	10x	as long as short