SMCI

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against OKX−0.049%7-day average −0.053% · you buy dearer than you sell

Net, funding: paid 7d − costs−$661as in the Funding arb table

Net, price: spread back to 7d avg − costs−$672as in the Price arb table

costs, in and out, $10k−$6736.725% 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)−0.132%−$13 · spread now −0.049%, 7d avg −0.053%

Together, before fees−0.014%−$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.053%, 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	OKX SMCI-USDT-SWAP	40.490	0	get 0.0000% / 8h	7h 33m	$669K	$1.1M	20x
Short	KuCoin SMCIUSDTM	40.470	0.0100	get 0.0100% / 8h	7h 33m	$456K	$538K	20x

Funding history

latest

Range statsloading…

KuCoin against OKX. 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 OKXbpFee KuCoinbpOrdersPrice spread, now −0.049%Rate

Slippage from OKX: live order book, 3 min ago; KuCoin: live order book, 60 min ago.

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	3.70 bp	30.2 bp −$30	1110.9 bp −$11.1K	doesn't fit	doesn't fit
Sell KuCoin live order book, 60 min ago	12.23 bp	325.8 bp −$326	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	40.460	−0.074%	$4K	$86	12x	as long as short
Bitget SMCIUSDT	−0.0092%	8h	40.426	−0.158%	$1.3M	$486K	20x	as long as short
BloFin SMCI-USDT	−0.0012%	8h	40.520	+0.074%	$79K	$9K	20x	as long as short
Extended SMCI-USD	0.0000%	1h	40.469	−0.053%	$568	—	10x	as long as short
Binance SMCIUSDT	0.0000%	8h	40.483	−0.017%	$3.3M	$5.2M	20x	as long as short
Bybit SMCIUSDT	0.0000%	8h	40.450	−0.099%	$986K	$298K	25x	as long as short
OKX SMCI-USDT-SWAPlong	0.0000%	8h	40.490	long leg	$669K	$1.1M	20x
Gate SMCI_USDT	0.0000%	8h	40.460	−0.074%	$1.5M	$1.4M	20x	as long as short
Variational Omni SMCI	0.0000%	8h	40.493	+0.008%	$134K	$145K	—	as long as short
GRVT SMCI_USDT_Perp	0.0000%	8h	40.639	+0.369%	$510	$168K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex SMCIUSDT	0.0000%	8h	40.500	+0.025%	$1.6M	$254K	10x	as long as short
Lighter RH SMCI	+0.0032%	1h	40.509	+0.047%	$39K	$13K	10x	as long as short
SoDEX SMCI-USD	+0.0050%	1h	40.440	−0.123%	$135	$3K	10x	as long as short
QFEX SMCI-USD	+0.0054%	1h	40.450	−0.099%	$1.1M	$1.8M	10x	as long as short
KuCoin SMCIUSDTMshort	+0.0100%	8h	40.470	−0.049%	$456K	$538K	20x
HTX SMCI-USDT	+0.0100%	8h	40.430	−0.148%	$8K	$288K	10x	as long as short
Paragon para:SMCI	+0.0777%	1h	40.430	−0.148%	$155K	$241K	10x	as long as short