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: HTX against OKX−0.096%7-day average +0.050% · you buy dearer than you sell

Net, funding: paid 7d − costs−$124as in the Funding arb table

Net, price: spread back to 7d avg − costs−$160as in the Price arb table

costs, in and out, $10k−$1451.454% of the position

Long on OKX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.210%+$21 on $10k

Price spread, last 3 days (all we have)+0.152%+$15 · spread now −0.096%, 7d avg +0.050%

Together, before fees+0.362%+$36 on $10k · with fees, hour by hour

Funding pays, the price is against you. HTX is 0.146% cheaper against OKX than usual: you would sell low and buy high (spread −0.096% now, against its 7-day average of +0.050%). If the spread goes back, that is −$15 on $10k: about 4.9 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SMCI-USDT-SWAP	41.580	0	get 0.0000% / 8h	6h 13m	$690K	$1.1M	20x
Short	HTX SMCI-USDT	41.540	0.0100	get 0.0100% / 8h	6h 13m	$8K	$285K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee OKXbpFee HTXbpOrdersPrice spread, now −0.096%Rate

Funding earned: $21
Price spread: −0.096% → +0.050%: −$14.63
Slippage, 4 orders: −$123.37
Fee OKX: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$139
Costs to cover: 1.454%
Break-even: 53.3 days

Slippage from OKX: live order book, 3 min ago; HTX: live order book, 54 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 OKX live order book, 3 min ago	6.02 bp	36.8 bp −$37	4583.4 bp −$45.8K	doesn't fit	doesn't fit
Sell HTX live order book, 54 min ago	15.60 bp	38.0 bp −$38	107.9 bp −$1,079	doesn't fit	doesn't fit

SMCI on 16 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	41.040	−1.299%	$4K	$95	12x	as long as short
Bybit SMCIUSDT	0.0000%	8h	41.520	−0.144%	$1.0M	$648K	25x	as long as short
OKX SMCI-USDT-SWAPlong	0.0000%	8h	41.580	long leg	$690K	$1.1M	20x
Gate SMCI_USDT	0.0000%	8h	41.540	−0.096%	$1.6M	$1.6M	20x	as long as short
Bitget SMCIUSDT	0.0000%	8h	41.537	−0.103%	$1.3M	$506K	20x	as long as short
Phemex SMCIUSDT	0.0000%	8h	41.540	−0.096%	$1.6M	$248K	10x	as long as short
Lighter RH SMCI	+0.0032%	1h	41.525	−0.132%	$32K	$5K	10x	as long as short
QFEX SMCI-USD	+0.0043%	1h	41.530	−0.120%	$1.1M	$2.2M	10x	as long as short
SoDEX SMCI-USD	+0.0054%	1h	41.530	−0.120%	$143	$3K	10x	as long as short
Variational Omni SMCI	+0.0064%	8h	41.562	−0.043%	$98K	$110K	—	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin SMCIUSDTM	+0.0100%	8h	41.510	−0.168%	$462K	$501K	20x	as long as short
HTX SMCI-USDTshort	+0.0100%	8h	41.540	−0.096%	$8K	$285K	10x
GRVT SMCI_USDT_Perp	+0.0207%	8h	41.559	−0.050%	$611	$155K	10x	as long as short
Binance SMCIUSDT	+0.0214%	8h	41.540	−0.096%	$3.4M	$5.2M	20x	as long as short
Extended SMCI-USD	+0.0216%	1h	41.530	−0.121%	$583	$10K	10x	as long as short
Paragon para:SMCI	+0.1261%	1h	41.500	−0.192%	$159K	$265K	10x	as long as short