Settings8H · net · $10k
Funding arb · Price arb /

SMCI

RWAall SMCI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.03 per $10,000 · paid last 24h +0.013%
Price spread now: SoDEX against Lighter RH−0.051%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Funding pays, the price is against you. SoDEX is 0.051% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.051% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 7.5 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SMCI41.5510.0032pay 0.0004% / 1h13m 20s$32K$5K10x
ShortSoDEX SMCI-USD41.5300.0054get 0.0007% / 1h13m 20s$143$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Lighter RH. 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

Funding earned
$4.69
Price spread: −0.051% → 0.000%
−$5.05
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$8.37
Costs to cover
0.080%
Break-even
19.5 days
Slippage unknown: Lighter RH: no order-book sample; SoDEX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter RH no order-book sample
Sell SoDEX no order-book sample
Lighter RH and SoDEX: 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 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective SMCI/USDC PERP−0.0220%1h41.040−1.230%$4K$9512xas long as short
Bybit SMCIUSDT0.0000%8h41.530−0.051%$1.0M$648K25xas long as short
OKX SMCI-USDT-SWAP0.0000%8h41.580+0.070%$690K$1.1M20xas long as short
Gate SMCI_USDT0.0000%8h41.540−0.026%$1.6M$1.6M20xas long as short
Bitget SMCIUSDT0.0000%8h41.537−0.034%$1.3M$506K20xas long as short
Phemex SMCIUSDT0.0000%8h41.590+0.094%$1.6M$248K10xas long as short
Lighter RH SMCIlong+0.0032%1h41.551long leg$32K$5K10x
QFEX SMCI-USD+0.0043%1h41.530−0.051%$1.1M$2.2M10xas long as short
SoDEX SMCI-USDshort+0.0054%1h41.530−0.051%$143$3K10x
Variational Omni SMCI+0.0064%8h41.562+0.027%$98K$110Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SMCIUSDTM+0.0100%8h41.530−0.051%$463K$501K20xas long as short
HTX SMCI-USDT+0.0100%8h41.590+0.094%$8K$285K10xas long as short
GRVT SMCI_USDT_Perp+0.0207%8h41.559+0.020%$611$155K10xas long as short
Binance SMCIUSDT+0.0214%8h41.540−0.026%$3.4M$5.2M20xas long as short
Extended SMCI-USD+0.0216%1h41.567+0.037%$583$10K10xas long as short
Paragon para:SMCI+0.1261%1h41.500−0.123%$159K$265K10xas long as short