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

SMCI

RWAall SMCI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0185%/8h= +20.3% APRnext payment +$1.85 per $10,000 · paid last 24h +0.027%
Price spread now: BloFin against OKX+0.120%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BloFin is 0.120% dearer against OKX than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SMCI-USDT-SWAP41.5800get 0.0000% / 8h4h 34m$690K$1.1M20x
ShortBloFin SMCI-USDT41.6300.0185get 0.0185% / 8h4h 34m$80K$9K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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
$38.91
Price spread: +0.120% → 0.000%
$12.03
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$28.93
Costs to cover
0.220%
Break-even
1.8 days
Slippage unknown: OKX: live order book, 2 min ago; BloFin: 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 OKX live order book, 2 min ago2.41 bp48.0 bp −$484555.5 bp −$45.6Kdoesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective SMCI/USDC PERP−0.0220%1h41.110−1.130%$4K$9212xas long as short
Bybit SMCIUSDT0.0000%8h41.540−0.096%$1.0M$648K25xas long as short
OKX SMCI-USDT-SWAPlong0.0000%8h41.580long leg$690K$1.1M20x
Gate SMCI_USDT0.0000%8h41.560−0.048%$1.6M$1.6M20xas long as short
Bitget SMCIUSDT0.0000%8h41.528−0.125%$1.3M$504K20xas long as short
Phemex SMCIUSDT0.0000%8h41.600+0.048%$1.6M$249K10xas long as short
QFEX SMCI-USD+0.0021%1h41.5800.000%$1.1M$1.9M10xas long as short
Lighter RH SMCI+0.0032%1h41.585+0.012%$32K$5K10xas long as short
Variational Omni SMCI+0.0042%8h41.603+0.055%$98K$110Kas long as short
SoDEX SMCI-USD+0.0050%1h41.5800.000%$146$3K10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SMCIUSDTM+0.0100%8h41.570−0.024%$464K$478K20xas long as short
HTX SMCI-USDT+0.0100%8h41.620+0.096%$8K$285K10xas long as short
GRVT SMCI_USDT_Perp+0.0133%8h41.590+0.024%$109$158K10xas long as short
Extended SMCI-USD+0.0168%1h41.598+0.044%$580$10K10xas long as short
Binance SMCIUSDT+0.0169%8h41.608+0.066%$3.4M$5.2M20xas long as short
BloFin SMCI-USDTshort+0.0185%8h41.630+0.120%$80K$9K20x
Paragon para:SMCI+0.1019%1h41.537−0.104%$159K$265K10xas long as short