SMCI

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0057%/8h= +6.3% APRpaid last 24h +0.015%

Price spread now: HTX against QFEX+0.048%7-day average +0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$202as in the Price arb table

costs, in and out, $10k−$2022.022% of the position

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.090%+$9 on $10k

Price spread, last 3 days (all we have)−0.018%−$2 · spread now +0.048%, 7d avg +0.048%

Together, before fees+0.072%+$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.048%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX SMCI-USD	41.540	0.0043	pay 0.0005% / 1h	14m 39s	$1.1M	$2.2M	10x
Short	HTX SMCI-USDT	41.560	0.0100	get 0.0100% / 8h	6h 14m	$8K	$285K	10x

Funding history

latest

Range statsloading…

HTX against QFEX. 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 QFEXbpFee HTXbpOrdersPrice spread, now +0.048%Rate

Slippage from QFEX: live order book, 2 min ago; HTX: live order book, 52 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy QFEX live order book, 2 min ago	52.92 bp	60.3 bp −$60	68.4 bp −$684	doesn't fit	doesn't fit
Sell HTX live order book, 52 min ago	15.60 bp	38.0 bp −$38	107.9 bp −$1,079	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	41.040	−1.204%	$4K	$95	12x	as long as short
Bybit SMCIUSDT	0.0000%	8h	41.530	−0.024%	$1.0M	$648K	25x	as long as short
OKX SMCI-USDT-SWAP	0.0000%	8h	41.600	+0.144%	$691K	$1.1M	20x	as long as short
Gate SMCI_USDT	0.0000%	8h	41.540	0.000%	$1.6M	$1.6M	20x	as long as short
Bitget SMCIUSDT	0.0000%	8h	41.537	−0.007%	$1.3M	$506K	20x	as long as short
Phemex SMCIUSDT	0.0000%	8h	41.540	0.000%	$1.6M	$248K	10x	as long as short
Lighter RH SMCI	+0.0032%	1h	41.545	+0.012%	$32K	$5K	10x	as long as short
QFEX SMCI-USDlong	+0.0043%	1h	41.540	long leg	$1.1M	$2.2M	10x
SoDEX SMCI-USD	+0.0062%	1h	41.530	−0.024%	$144	$3K	10x	as long as short
Variational Omni SMCI	+0.0064%	8h	41.562	+0.054%	$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	41.520	−0.048%	$463K	$501K	20x	as long as short
HTX SMCI-USDTshort	+0.0100%	8h	41.560	+0.048%	$8K	$285K	10x
GRVT SMCI_USDT_Perp	+0.0197%	8h	41.565	+0.061%	$137	$155K	10x	as long as short
Binance SMCIUSDT	+0.0215%	8h	41.540	0.000%	$3.4M	$5.2M	20x	as long as short
Extended SMCI-USD	+0.0216%	1h	41.530	−0.025%	$583	$10K	10x	as long as short
Paragon para:SMCI	+0.1265%	1h	41.505	−0.084%	$159K	$265K	10x	as long as short