After costs, if the gap returns to its 7d average, $10k−$45
spread now−0.129%7d average−0.048%fees + slippage, in and out−$37spread needed0.367%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SMCIUSDT | 41.233 | 0.0043 | pay 0.0043% / 8h | 6h 26m | $3.4M | $6.1M | 20x |
| Short | QFEX SMCI-USD | 41.180 | 0.0057 | get 0.0007% / 1h | 26m 13s | $1.1M | $1.9M | 10x |
Binance SMCIUSDT
QFEX SMCI-USDPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$12.94
- Funding while held
- $0.42
- Slippage, 4 orders
- −$16.73
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$49.24
- Spread needed to break even
- 0.367%
Slippage from Binance: live order book, 14 min ago; QFEX: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0014%
- Per $10,000 a day
- +$0.42
- Average in range /8h
- —
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 Binance live order book, 14 min ago | 1.21 bp | 7.4 bp −$7 | 48.9 bp −$489 | 150.4 bp −$15.0K | doesn't fit |
| Sell QFEX live order book, 2 min ago | 2.42 bp | 7.4 bp −$7 | 17.0 bp −$170 | doesn't fit | doesn't fit |
SMCI price on every exchange
against the cheapest. Click to use as the short leg.Injective41.040cheapestParagon41.145+0.256%
Injective
ParagonQFEX41.180+0.341%
Bybit41.190+0.365%Bitget41.199+0.387%Gate41.200+0.390%OKX41.210+0.414%KuCoin41.210+0.414%HTX41.210+0.414%Lighter RH41.212+0.419%SoDEX41.220+0.439%Phemex41.220+0.439%Extended41.231+0.464%
Bybit
Bitget
Gate
OKX
KuCoin
HTX
Lighter RH
SoDEX
Phemex
ExtendedBinance41.233+0.471%
BloFin41.280+0.585%Variational Omni41.522+1.175%
BloFin
Variational OmniSMCI on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective SMCI/USDC PERP | −0.469% | −0.0220% | 1h | $4K | $100 | 12x | as long as short |
| Paragon para:SMCI | −0.215% | +0.0060% | 1h | $181K | $259K | 10x | as long as short |
| QFEX SMCI-USDshort | −0.129% | +0.0057% | 1h | $1.1M | $1.9M | 10x | |
| Bybit SMCIUSDT | −0.105% | 0.0000% | 8h | $1.0M | $633K | 25x | as long as short |
| Bitget SMCIUSDT | −0.083% | 0.0000% | 8h | $1.3M | $664K | 20x | as long as short |
| Gate SMCI_USDT | −0.081% | 0.0000% | 8h | $1.6M | $1.7M | 20x | as long as short |
| OKX SMCI-USDT-SWAP | −0.057% | 0.0000% | 8h | $703K | $1.1M | 20x | as long as short |
| KuCoin SMCIUSDTM | −0.057% | +0.0100% | 8h | $461K | $523K | 20x | as long as short |
| HTX SMCI-USDT | −0.057% | +0.0100% | 8h | $8K | $290K | 10x | as long as short |
| Lighter RH SMCI | −0.052% | +0.0032% | 1h | $32K | $7K | 10x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX SMCI-USD | −0.032% | +0.0050% | 1h | $124 | $3K | 10x | as long as short |
| Phemex SMCIUSDT | −0.032% | 0.0000% | 8h | $1.6M | $303K | 10x | as long as short |
| Extended SMCI-USD | −0.007% | +0.0040% | 1h | $577 | $10K | 10x | as long as short |
| Binance SMCIUSDTlong | 0.000% | +0.0043% | 8h | $3.4M | $6.1M | 20x | |
| BloFin SMCI-USDT | +0.113% | +0.0056% | 8h | $79K | $9K | 20x | as long as short |
| Variational Omni SMCI | +0.701% | 0.0000% | 8h | $68K | $950K | — | as long as short |