Funding you earn now, next payment 08:00 UTC+0.0105%/8h= +11.5% APRnext payment +$1.05 per $10,000 · paid last 24h +0.027%
Price spread now: BloFin against Gate+0.146%48s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 for this trade now. Funding pays +$3 a day on $10k at the current rate, and BloFin is 0.146% dearer against Gate than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SMCI_USDT | 41.220 | 0 | get 0.0000% / 8h | 3h 14m | $1.5M | $1.6M | 20x |
| Short | BloFin SMCI-USDT | 41.280 | 0.0105 | get 0.0105% / 8h | 3h 14m | $79K | $9K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- $22.13
- Price spread: +0.146% → 0.000%
- $14.56
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $9.69
- Costs to cover
- 0.270%
- Break-even
- 3.9 days
Slippage unknown: Gate: live order book, 3 min ago; BloFin: no order-book sample. 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 Gate live order book, 3 min ago | 12.14 bp | 28.4 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
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 | 40.820 | −0.970% | $4K | $92 | 12x | as long as short |
| Bybit SMCIUSDT | 0.0000% | 8h | 41.210 | −0.024% | $1.0M | $307K | 25x | as long as short |
| OKX SMCI-USDT-SWAP | 0.0000% | 8h | 41.270 | +0.121% | $686K | $1.1M | 20x | as long as short |
| Gate SMCI_USDTlong | 0.0000% | 8h | 41.220 | long leg | $1.5M | $1.6M | 20x | |
| Bitget SMCIUSDT | 0.0000% | 8h | 41.225 | +0.012% | $1.3M | $501K | 20x | as long as short |
| Variational Omni SMCI | 0.0000% | 8h | 41.253 | +0.080% | $107K | $120K | — | as long as short |
| Phemex SMCIUSDT | 0.0000% | 8h | 41.260 | +0.097% | $1.6M | $256K | 10x | as long as short |
| QFEX SMCI-USD | +0.0032% | 1h | 41.250 | +0.073% | $1.1M | $1.8M | 10x | as long as short |
| Lighter RH SMCI | +0.0032% | 1h | 41.230 | +0.024% | $32K | $5K | 10x | as long as short |
| GRVT SMCI_USDT_Perp | +0.0037% | 8h | 41.209 | −0.028% | $186 | $165K | 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 | 41.250 | +0.073% | $144 | $3K | 10x | as long as short |
| Extended SMCI-USD | +0.0080% | 1h | 41.218 | −0.004% | $576 | $10K | 10x | as long as short |
| Binance SMCIUSDT | +0.0084% | 8h | 41.249 | +0.070% | $3.4M | $5.3M | 20x | as long as short |
| KuCoin SMCIUSDTM | +0.0100% | 8h | 41.180 | −0.097% | $460K | $474K | 20x | as long as short |
| HTX SMCI-USDT | +0.0100% | 8h | 41.280 | +0.146% | $8K | $286K | 10x | as long as short |
| BloFin SMCI-USDTshort | +0.0105% | 8h | 41.280 | +0.146% | $79K | $9K | 20x | |
| Paragon para:SMCI | +0.0219% | 1h | 41.224 | +0.010% | $158K | $265K | 10x | as long as short |
Gate SMCI_USDT
BloFin SMCI-USDT
Injective SMCI/USDC PERP
Bybit SMCIUSDT
OKX SMCI-USDT-SWAP
Bitget SMCIUSDT
Variational Omni SMCI
Phemex SMCIUSDT
Lighter RH SMCI
GRVT SMCI_USDT_Perp
SoDEX SMCI-USD
Extended SMCI-USD
Binance SMCIUSDT
KuCoin SMCIUSDTM
HTX SMCI-USDT
Paragon para:SMCI