SMCI

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.014%

Price spread now: Bitget against Phemex+0.002%7-day average +0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$160as in the Funding arb table

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

costs, in and out, $10k−$1591.588% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.014%−$1 on $10k

Price spread, last 4 days (all we have)−0.007%−$1 · spread now +0.002%, 7d avg +0.010%

Together, before fees−0.021%−$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex SMCIUSDT	41.150	0	get 0.0000% / 8h	5h 27m	$1.6M	$265K	10x
Short	Bitget SMCIUSDT	41.151	0	get 0.0000% / 8h	5h 27m	$1.3M	$473K	20x

Funding history

latest

Range statsloading…

Bitget against Phemex. 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 PhemexbpFee BitgetbpOrdersPrice spread, now +0.002%Rate

Slippage from Phemex: live order book, 4 min ago; Bitget: live order book, 2 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Phemex live order book, 4 min ago	2.43 bp	54.3 bp −$54	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	5.59 bp	38.6 bp −$39	56.8 bp −$568	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	40.650	−1.215%	$4K	$80	12x	as long as short
Bybit SMCIUSDT	0.0000%	8h	41.120	−0.073%	$1.0M	$297K	25x	as long as short
Gate SMCI_USDT	0.0000%	8h	41.140	−0.024%	$1.5M	$1.4M	20x	as long as short
Bitget SMCIUSDTshort	0.0000%	8h	41.151	+0.002%	$1.3M	$473K	20x
Phemex SMCIUSDTlong	0.0000%	8h	41.150	long leg	$1.6M	$265K	10x
Lighter RH SMCI	+0.0032%	1h	41.139	−0.027%	$40K	$14K	10x	as long as short
SoDEX SMCI-USD	+0.0050%	1h	41.150	0.000%	$129	$3K	10x	as long as short
OKX SMCI-USDT-SWAP	+0.0059%	8h	41.200	+0.122%	$669K	$1.1M	20x	as long as short
Paragon para:SMCI	+0.0060%	1h	41.116	−0.082%	$158K	$241K	10x	as long as short
QFEX SMCI-USD	+0.0080%	1h	41.170	+0.049%	$1.1M	$1.7M	10x	as long as short

Show all 17 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin SMCIUSDTM	+0.0100%	8h	41.130	−0.049%	$461K	$643K	20x	as long as short
HTX SMCI-USDT	+0.0100%	8h	41.170	+0.049%	$8K	$294K	10x	as long as short
Variational Omni SMCI	+0.0511%	8h	41.130	−0.048%	$150K	$159K	—	as long as short
BloFin SMCI-USDT	+0.0605%	8h	41.180	+0.073%	$80K	$9K	20x	as long as short
Binance SMCIUSDT	+0.0629%	8h	41.160	+0.024%	$3.4M	$5.3M	20x	as long as short
Extended SMCI-USD	+0.0632%	1h	41.146	−0.009%	$577	—	10x	as long as short
GRVT SMCI_USDT_Perp	+0.1496%	8h	41.140	−0.024%	$311	$164K	10x	as long as short