SMCI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0079%/8h= −8.7% APRnext payment −$0.79 per $10,000 · paid last 24h −0.026%

Price spread now: Variational Omni against Binance+0.031%7-day average +0.003% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.029%−$3 on $10k

Price spread, last 4 days (all we have)−0.267%−$27 · spread now +0.031%, 7d avg +0.003%

Together, before fees−0.296%+ Points / potential airdropVariational Omni: Active · farm board−$30 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Variational Omni is 0.028% dearer against Binance than usual: you sell high and buy low (spread +0.031% now, against its 7-day average of +0.003%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 28 hours. At the pace of the last 4 days (−0.029% in total) that is about 3.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SMCIUSDT	41.260	0.0079	pay 0.0079% / 8h	3h 16m	$3.4M	$5.3M	20x
Short	Variational Omni SMCI	41.273	0	get 0.0000% / 8h	3h 16m	$107K	$120K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Position, each leg$Hold fordaysFee BinancebpFee Variational OmnibpOrdersPrice spread, now +0.031%Rate

Funding earned: −$16.67
Price spread: +0.031% → +0.003%: $2.79
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$23.88
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 6 min ago; Variational Omni: RFQ quote, 13 min ago. 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 Binance live order book, 6 min ago	2.43 bp	12.2 bp −$12	41.6 bp −$416	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 13 min ago	5.71 bp	doesn't fit	89.1 bp −$891	doesn't fit	doesn't fit

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	40.820	−1.066%	$4K	$92	12x	as long as short
Bybit SMCIUSDT	0.0000%	8h	41.220	−0.097%	$1.0M	$307K	25x	as long as short
OKX SMCI-USDT-SWAP	0.0000%	8h	41.180	−0.194%	$684K	$1.1M	20x	as long as short
Gate SMCI_USDT	0.0000%	8h	41.220	−0.097%	$1.5M	$1.6M	20x	as long as short
Bitget SMCIUSDT	0.0000%	8h	41.230	−0.073%	$1.3M	$501K	20x	as long as short
Variational Omni SMCIshort	0.0000%	8h	41.273	+0.031%	$107K	$120K	—
Phemex SMCIUSDT	0.0000%	8h	41.220	−0.097%	$1.6M	$255K	10x	as long as short
QFEX SMCI-USD	+0.0032%	1h	41.270	+0.024%	$1.1M	$1.8M	10x	as long as short
Lighter RH SMCI	+0.0032%	1h	41.245	−0.036%	$32K	$5K	10x	as long as short
GRVT SMCI_USDT_Perp	+0.0036%	8h	41.240	−0.047%	$325	$164K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX SMCI-USD	+0.0050%	1h	41.190	−0.170%	$145	$3K	10x	as long as short
BloFin SMCI-USDT	+0.0054%	8h	41.210	−0.121%	$79K	$9K	20x	as long as short
Binance SMCIUSDTlong	+0.0079%	8h	41.260	long leg	$3.4M	$5.3M	20x
Extended SMCI-USD	+0.0080%	1h	41.248	−0.028%	$576	$10K	10x	as long as short
KuCoin SMCIUSDTM	+0.0100%	8h	41.180	−0.194%	$460K	$474K	20x	as long as short
HTX SMCI-USDT	+0.0100%	8h	41.200	−0.145%	$8K	$286K	10x	as long as short
Paragon para:SMCI	+0.0224%	1h	41.226	−0.082%	$158K	$265K	10x	as long as short