SMCI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0025%/8h= −2.7% APRnext payment −$0.25 per $10,000 · paid last 24h +0.005%

Price spread now: Binance against BloFin−0.032%7-day average — · you buy dearer than you sell

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

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.032% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin SMCI-USDT	41.650	0.0267	pay 0.0267% / 8h	7h 22m	$79K	$9K	20x
Short	Binance SMCIUSDT	41.637	0.0242	get 0.0242% / 8h	7h 22m	$3.4M	$5.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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 BloFinbpFee BinancebpOrdersPrice spread, now −0.032%Rate

Funding earned: −$5.22
Price spread: −0.032% → 0.000%: −$3.22
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$30.43
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: BloFin: no order-book sample; Binance: live order book, 15 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 BloFin no order-book sample	—	—	—	—	—
Sell Binance live order book, 15 min ago	2.40 bp	15.0 bp −$15	50.6 bp −$506	352.9 bp −$35.3K	doesn't fit

BloFin: 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	−1.200%	$4K	$96	12x	as long as short
Bybit SMCIUSDT	0.0000%	8h	41.590	−0.144%	$1.0M	$656K	25x	as long as short
OKX SMCI-USDT-SWAP	0.0000%	8h	41.600	−0.120%	$694K	$1.1M	20x	as long as short
Gate SMCI_USDT	0.0000%	8h	41.630	−0.048%	$1.6M	$1.7M	20x	as long as short
Bitget SMCIUSDT	0.0000%	8h	41.603	−0.113%	$1.3M	$508K	20x	as long as short
Phemex SMCIUSDT	0.0000%	8h	41.660	+0.024%	$1.6M	$247K	10x	as long as short
QFEX SMCI-USD	+0.0023%	1h	41.610	−0.096%	$1.1M	$2.3M	10x	as long as short
Lighter RH SMCI	+0.0032%	1h	41.599	−0.122%	$32K	$5K	10x	as long as short
Paragon para:SMCI	+0.0061%	1h	41.560	−0.216%	$160K	$265K	10x	as long as short
Variational Omni SMCI	+0.0093%	8h	41.683	+0.080%	$97K	$109K	—	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin SMCIUSDTM	+0.0100%	8h	41.560	−0.216%	$462K	$526K	20x	as long as short
HTX SMCI-USDT	+0.0100%	8h	41.680	+0.072%	$8K	$284K	10x	as long as short
SoDEX SMCI-USD	+0.0162%	1h	41.630	−0.048%	$136	$3K	10x	as long as short
Extended SMCI-USD	+0.0240%	1h	41.621	−0.069%	$583	$10K	10x	as long as short
Binance SMCIUSDTshort	+0.0242%	8h	41.637	−0.032%	$3.4M	$5.1M	20x
BloFin SMCI-USDTlong	+0.0267%	8h	41.650	long leg	$79K	$9K	20x
GRVT SMCI_USDT_Perp	+0.0458%	8h	41.661	+0.026%	$642	$154K	10x	as long as short