Funding you earn now, next payment 02:00 UTC−0.0027%/8h= −3.0% APRpaid last 24h +0.016%
Price spread now: SoDEX against Variational Omni−0.201%60s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and SoDEX is 0.201% cheaper against Variational Omni than usual: you would sell low and buy high (−$20 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni SMCI | 41.604 | 0.0077 | pay 0.0077% / 8h | 6h 37m | $97K | $109K | — |
| Short | SoDEX SMCI-USD | 41.520 | 0.0050 | get 0.0006% / 1h | 37m 18s | $135 | $3K | 10x |
Variational Omni SMCI
SoDEX SMCI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Variational Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$5.76
- Price spread: −0.201% → 0.000%
- −$20.08
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$33.85
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 7 min ago; SoDEX: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni RFQ quote, 7 min ago | 5.69 bp | doesn't fit | 72.5 bp −$725 | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective SMCI/USDC PERP | −0.0220% | 1h | 41.150 | −1.090% | $4K | $94 | 12x | as long as short |
| Bybit SMCIUSDT | 0.0000% | 8h | 41.480 | −0.297% | $1.0M | $648K | 25x | as long as short |
| OKX SMCI-USDT-SWAP | 0.0000% | 8h | 41.540 | −0.153% | $688K | $1.1M | 20x | as long as short |
| Gate SMCI_USDT | 0.0000% | 8h | 41.500 | −0.249% | $1.6M | $1.6M | 20x | as long as short |
| Bitget SMCIUSDT | 0.0000% | 8h | 41.503 | −0.242% | $1.3M | $506K | 20x | as long as short |
| Phemex SMCIUSDT | 0.0000% | 8h | 41.550 | −0.129% | $1.6M | $247K | 10x | as long as short |
| Lighter RH SMCI | +0.0032% | 1h | 41.514 | −0.215% | $32K | $5K | 10x | as long as short |
| QFEX SMCI-USD | +0.0043% | 1h | 41.520 | −0.201% | $1.1M | $2.2M | 10x | as long as short |
| SoDEX SMCI-USDshort | +0.0050% | 1h | 41.520 | −0.201% | $135 | $3K | 10x | |
| Variational Omni SMCIlong | +0.0077% | 8h | 41.604 | long leg | $97K | $109K | — |
Injective SMCI/USDC PERP
Bybit SMCIUSDT
OKX SMCI-USDT-SWAP
Gate SMCI_USDT
Bitget SMCIUSDT
Phemex SMCIUSDT
Lighter RH SMCI
QFEX SMCI-USDShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SMCIUSDTM | +0.0100% | 8h | 41.480 | −0.297% | $462K | $508K | 20x | as long as short |
| HTX SMCI-USDT | +0.0100% | 8h | 41.590 | −0.033% | $8K | $285K | 10x | as long as short |
| GRVT SMCI_USDT_Perp | +0.0129% | 8h | 41.521 | −0.200% | $855 | $153K | 10x | as long as short |
| Extended SMCI-USD | +0.0216% | 1h | 41.520 | −0.201% | $583 | $10K | 10x | as long as short |
| Binance SMCIUSDT | +0.0218% | 8h | 41.490 | −0.273% | $3.4M | $5.2M | 20x | as long as short |
| BloFin SMCI-USDT | +0.0230% | 8h | 41.590 | −0.033% | $80K | $9K | 20x | as long as short |
| Paragon para:SMCI | +0.1051% | 1h | 41.564 | −0.095% | $160K | $265K | 10x | as long as short |
KuCoin SMCIUSDTM
HTX SMCI-USDT
GRVT SMCI_USDT_Perp
Extended SMCI-USD
Binance SMCIUSDT
BloFin SMCI-USDT
Paragon para:SMCI