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

SMCI

RWAall SMCI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0295%/8h= −32.3% APRnext payment $0.37 per $10,000 · paid last 24h −0.062%
Price spread now: Extended against Paragon−0.017%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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParagon para:SMCI41.2290.0383pay 0.0048% / 1h38m 02s$158K$265K10x
ShortExtended SMCI-USD41.2220.0088get 0.0011% / 1h38m 02s$579$10K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Paragon. 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
−$61.95
Price spread: −0.017% → 0.000%
−$1.68
Slippage, 4 orders
no order book: not counted
Fee Paragon: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$78.64
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Paragon: live order book, 47 min ago; Extended: 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 Paragon live order book, 47 min ago53.49 bp62.2 bp −$62doesn't fitdoesn't fitdoesn't fit
Sell Extended no order-book sample
Extended: 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%1h41.060−0.409%$4K$9112xas long as short
Bybit SMCIUSDT0.0000%8h41.180−0.118%$1.0M$490K25xas long as short
OKX SMCI-USDT-SWAP0.0000%8h41.240+0.027%$685K$1.1M20xas long as short
Gate SMCI_USDT0.0000%8h41.220−0.021%$1.5M$1.6M20xas long as short
Bitget SMCIUSDT0.0000%8h41.224−0.011%$1.3M$501K20xas long as short
Variational Omni SMCI0.0000%8h41.273+0.107%$97K$110Kas long as short
Phemex SMCIUSDT0.0000%8h41.230+0.003%$1.6M$253K10xas long as short
GRVT SMCI_USDT_Perp+0.0018%8h41.273+0.106%$485$163K10xas long as short
QFEX SMCI-USD+0.0032%1h41.230+0.003%$1.1M$1.8M10xas long as short
Lighter RH SMCI+0.0032%1h41.208−0.050%$32K$5K10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX SMCI-USD+0.0050%1h41.220−0.021%$149$3K10xas long as short
Binance SMCIUSDT+0.0084%8h41.217−0.027%$3.4M$5.2M20xas long as short
Extended SMCI-USDshort+0.0088%1h41.222−0.017%$579$10K10x
BloFin SMCI-USDT+0.0091%8h41.340+0.270%$79K$9K20xas long as short
KuCoin SMCIUSDTM+0.0100%8h41.190−0.094%$460K$480K20xas long as short
HTX SMCI-USDT+0.0100%8h41.250+0.052%$8K$285K10xas long as short
Paragon para:SMCIlong+0.0383%1h41.229long leg$158K$265K10x