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

SMCI

RWAall SMCI markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0039%/8h= +4.2% APRnext payment +$0.39 per $10,000 · paid last 24h −0.002%
Price spread now: HTX against Binance+0.045%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1131.135% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.157%+$16 on $10k
Price spread, last 4 days (all we have)−0.020%−$2 · spread now +0.045%, 7d avg +0.035%
Together, before fees+0.137%+$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.035%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SMCIUSDT41.1820.0061pay 0.0061% / 8h2h 08m$3.4M$5.4M20x
ShortHTX SMCI-USDT41.2000.0100get 0.0100% / 8h2h 08m$8K$285K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Binance. 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
$8.14
Price spread: +0.045% → +0.035%
$0.95
Slippage, 4 orders
−$91.45
Fee Binance: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$104.36
Costs to cover
1.135%
Break-even
96.7 days
Slippage from Binance: live order book, 14 min ago; HTX: live order book, 39 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 14 min ago2.44 bp17.4 bp −$1755.8 bp −$558doesn't fitdoesn't fit
Sell HTX live order book, 39 min ago13.35 bp46.0 bp −$4681.1 bp −$811doesn't fitdoesn't fit

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%1h40.630−1.339%$4K$9312xas long as short
Bitget SMCIUSDT−0.0164%8h41.160−0.052%$1.3M$501K20xas long as short
Bybit SMCIUSDT0.0000%8h41.120−0.150%$1.0M$292K25xas long as short
OKX SMCI-USDT-SWAP0.0000%8h41.190+0.020%$683K$1.1M20xas long as short
Gate SMCI_USDT0.0000%8h41.140−0.101%$1.5M$1.6M20xas long as short
Variational Omni SMCI0.0000%8h41.183+0.003%$117K$127Kas long as short
Phemex SMCIUSDT0.0000%8h41.180−0.004%$1.6M$261K10xas long as short
Lighter RH SMCI+0.0032%1h41.150−0.077%$32K$5K10xas long as short
BloFin SMCI-USDT+0.0040%8h41.200+0.045%$79K$9K20xas long as short
QFEX SMCI-USD+0.0056%1h41.160−0.052%$1.1M$1.8M10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paragon para:SMCI+0.0060%1h41.098−0.203%$158K$266K10xas long as short
Binance SMCIUSDTlong+0.0061%8h41.182long leg$3.4M$5.4M20x
Extended SMCI-USD+0.0064%1h41.168−0.034%$57610xas long as short
GRVT SMCI_USDT_Perp+0.0092%8h41.160−0.052%$103$167K10xas long as short
KuCoin SMCIUSDTM+0.0100%8h41.110−0.174%$461K$472K20xas long as short
HTX SMCI-USDTshort+0.0100%8h41.200+0.045%$8K$285K10x
SoDEX SMCI-USD+0.0130%1h41.160−0.052%$145$3K10xas long as short