SMCI

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0269%/8h= −29.5% APRnext payment −$0.34 per $10,000 · paid last 24h −0.023%

Price spread now: QFEX against Extended−0.008%7-day average — · you buy dearer than you sell

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

Long on Extended Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$8 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended SMCI-USD	40.993	0.0336	pay 0.0042% / 1h	12m 26s	$574	—	10x
Short	QFEX SMCI-USD	40.990	0.0067	get 0.0008% / 1h	12m 26s	$1.1M	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Extended. 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 ExtendedbpFee QFEXbpOrdersPrice spread, now −0.008%Rate

Funding earned: −$56.52
Price spread: −0.008% → 0.000%: −$0.81
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$72.32
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Extended: no order-book sample; QFEX: live order book, 3 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 Extended no order-book sample	—	—	—	—	—
Sell QFEX live order book, 3 min ago	2.44 bp	9.9 bp −$10	19.4 bp −$194	doesn't fit	doesn't fit

Extended: 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 exchanges

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
Bybit SMCIUSDT	0.0000%	8h	40.910	−0.203%	$996K	$296K	25x	as long as short
OKX SMCI-USDT-SWAP	0.0000%	8h	40.990	−0.008%	$668K	$1.1M	20x	as long as short
Gate SMCI_USDT	0.0000%	8h	40.950	−0.106%	$1.5M	$1.4M	20x	as long as short
Bitget SMCIUSDT	0.0000%	8h	40.896	−0.237%	$1.3M	$472K	20x	as long as short
Phemex SMCIUSDT	0.0000%	8h	40.980	−0.032%	$1.6M	$259K	10x	as long as short
Lighter RH SMCI	+0.0032%	1h	40.966	−0.067%	$40K	$14K	10x	as long as short
Injective SMCI/USDC PERP	+0.0033%	1h	40.650	−0.837%	$4K	$84	12x	as long as short
Paragon para:SMCI	+0.0060%	1h	40.885	−0.265%	$157K	$240K	10x	as long as short
QFEX SMCI-USDshort	+0.0067%	1h	40.990	−0.008%	$1.1M	$1.7M	10x
KuCoin SMCIUSDTM	+0.0100%	8h	40.910	−0.203%	$459K	$602K	20x	as long as short

Show all 17 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SMCI-USDT	+0.0100%	8h	41.000	+0.016%	$8K	$290K	10x	as long as short
Variational Omni SMCI	+0.0212%	8h	40.971	−0.054%	$150K	$160K	—	as long as short
Extended SMCI-USDlong	+0.0336%	1h	40.993	long leg	$574	—	10x
Binance SMCIUSDT	+0.0348%	8h	41.006	+0.032%	$3.4M	$5.3M	20x	as long as short
BloFin SMCI-USDT	+0.0348%	8h	41.010	+0.041%	$80K	$9K	20x	as long as short
SoDEX SMCI-USD	+0.0429%	1h	40.970	−0.057%	$134	$3K	10x	as long as short
GRVT SMCI_USDT_Perp	+0.1275%	8h	40.915	−0.192%	$521	$166K	10x	as long as short