SMCI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h +0.032%

Price spread now: Binance against Gate+0.093%7-day average +0.054% · you sell dearer than you buy

Net, funding: paid 7d − costs−$66as in the Funding arb table

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$710.715% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.053%+$5 on $10k

Price spread, last 7 days−0.057%−$6 · spread now +0.093%, 7d avg +0.054%

Together, before fees−0.004%$0 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.039% dearer against Gate than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.054%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SMCI_USDT	40.870	0	get 0.0000% / 8h	4m 24s	$1.5M	$1.4M	20x
Short	Binance SMCIUSDT	40.908	0.0001	get 0.0001% / 8h	4m 24s	$3.4M	$5.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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 GatebpFee BinancebpOrdersPrice spread, now +0.093%Rate

Funding earned: $0.23
Price spread: +0.093% → +0.054%: $3.92
Slippage, 4 orders: −$46.46
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$67.31
Costs to cover: 0.715%
Break-even: 2084.5 days

Slippage from Gate: live order book, 3 min ago; Binance: live order book, 3 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 Gate live order book, 3 min ago	8.57 bp	26.0 bp −$26	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 3 min ago	2.44 bp	16.2 bp −$16	59.3 bp −$593	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	40.460	−1.003%	$4K	$90	12x	as long as short
Bitget SMCIUSDT	−0.0150%	8h	40.891	+0.051%	$1.3M	$501K	20x	as long as short
BloFin SMCI-USDT	−0.0028%	8h	40.870	0.000%	$79K	$9K	20x	as long as short
Extended SMCI-USD	0.0000%	1h	40.905	+0.085%	$573	—	10x	as long as short
Bybit SMCIUSDT	0.0000%	8h	40.830	−0.098%	$995K	$293K	25x	as long as short
OKX SMCI-USDT-SWAP	0.0000%	8h	40.880	+0.024%	$675K	$1.1M	20x	as long as short
Gate SMCI_USDTlong	0.0000%	8h	40.870	long leg	$1.5M	$1.4M	20x
Variational Omni SMCI	0.0000%	8h	40.894	+0.060%	$124K	$134K	—	as long as short
Phemex SMCIUSDT	0.0000%	8h	40.890	+0.049%	$1.6M	$258K	10x	as long as short
Binance SMCIUSDTshort	+0.0001%	8h	40.908	+0.093%	$3.4M	$5.3M	20x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SMCI	+0.0032%	1h	40.869	−0.002%	$40K	$13K	10x	as long as short
SoDEX SMCI-USD	+0.0050%	1h	40.880	+0.024%	$132	$3K	10x	as long as short
QFEX SMCI-USD	+0.0067%	1h	40.900	+0.073%	$1.1M	$1.8M	10x	as long as short
GRVT SMCI_USDT_Perp	+0.0076%	8h	40.879	+0.022%	$457	$170K	10x	as long as short
KuCoin SMCIUSDTM	+0.0100%	8h	40.850	−0.049%	$459K	$524K	20x	as long as short
HTX SMCI-USDT	+0.0100%	8h	40.910	+0.098%	$8K	$287K	10x	as long as short
Paragon para:SMCI	+0.0256%	1h	40.853	−0.042%	$157K	$264K	10x	as long as short