Funding you earn now, next payment 08:00 UTC+0.0160%/8h= +17.5% APRnext payment +$1.60 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bitget−0.039%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$313as in the Funding arb table
Net, price: spread back to 7d avg − costs−$313as in the Price arb table
costs, in and out, $10k−$3133.133% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.027%−$3 · spread now −0.039%, 7d avg −0.045%
=The price spread sits at its 7-day average of −0.045%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SMCIUSDT | 40.936 | −0.0160 | get 0.0160% / 8h | 36m 15s | $1.3M | $502K | 20x |
| Short | Gate SMCI_USDT | 40.920 | 0 | get 0.0000% / 8h | 36m 15s | $1.5M | $1.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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
- $33.6
- Price spread: −0.039% → −0.045%
- $0.63
- Slippage, 4 orders
- −$286.33
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$279.1
- Costs to cover
- 3.133%
- Break-even
- 65.1 days
Slippage from Bitget: live order book, 5 min ago; Gate: live order book, 1 min ago.
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 Bitget live order book, 5 min ago | 3.42 bp | 16.1 bp −$16 | 199.7 bp −$1,997 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 9.78 bp | 127.3 bp −$127 | doesn't fit | 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 | 40.570 | −0.894% | $4K | $88 | 12x | as long as short |
| Bitget SMCIUSDTlong | −0.0160% | 8h | 40.936 | long leg | $1.3M | $502K | 20x | |
| BloFin SMCI-USDT | −0.0005% | 8h | 40.970 | +0.083% | $79K | $9K | 20x | as long as short |
| Bybit SMCIUSDT | 0.0000% | 8h | 40.920 | −0.039% | $997K | $293K | 25x | as long as short |
| OKX SMCI-USDT-SWAP | 0.0000% | 8h | 40.950 | +0.034% | $678K | $1.1M | 20x | as long as short |
| Gate SMCI_USDTshort | 0.0000% | 8h | 40.920 | −0.039% | $1.5M | $1.4M | 20x | |
| Variational Omni SMCI | 0.0000% | 8h | 40.972 | +0.088% | $125K | $134K | — | as long as short |
| Phemex SMCIUSDT | 0.0000% | 8h | 40.940 | +0.010% | $1.6M | $259K | 10x | as long as short |
| Binance SMCIUSDT | +0.0007% | 8h | 40.957 | +0.050% | $3.4M | $5.3M | 20x | as long as short |
| Extended SMCI-USD | +0.0008% | 1h | 40.949 | +0.031% | $573 | — | 10x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SMCI | +0.0032% | 1h | 40.933 | −0.007% | $40K | $13K | 10x | as long as short |
| QFEX SMCI-USD | +0.0067% | 1h | 40.920 | −0.039% | $1.1M | $1.8M | 10x | as long as short |
| GRVT SMCI_USDT_Perp | +0.0084% | 8h | 40.950 | +0.034% | $525 | $169K | 10x | as long as short |
| KuCoin SMCIUSDTM | +0.0100% | 8h | 40.900 | −0.088% | $459K | $504K | 20x | as long as short |
| HTX SMCI-USDT | +0.0100% | 8h | 40.970 | +0.083% | $8K | $286K | 10x | as long as short |
| SoDEX SMCI-USD | +0.0110% | 1h | 40.940 | +0.010% | $133 | $3K | 10x | as long as short |
| Paragon para:SMCI | +0.0202% | 1h | 40.905 | −0.076% | $157K | $266K | 10x | as long as short |
Bitget SMCIUSDT
Gate SMCI_USDT
Injective SMCI/USDC PERP
BloFin SMCI-USDT
Bybit SMCIUSDT
OKX SMCI-USDT-SWAP
Variational Omni SMCI
Phemex SMCIUSDT
Binance SMCIUSDT
Extended SMCI-USD
Lighter RH SMCI
GRVT SMCI_USDT_Perp
KuCoin SMCIUSDTM
HTX SMCI-USDT
SoDEX SMCI-USD
Paragon para:SMCI