Settings8H · net · $10k
Funding arb · Price arb /

SMCI

RWAall SMCI markets
SwapBacktest
Alert: funding
Alert: spread
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
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 daysno price history on both exchanges yet
Together, before feesneeds 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SMCI_USDT41.2200get 0.0000% / 8h3h 14m$1.5M$1.6M20x
ShortBloFin SMCI-USDT41.2800.0105get 0.0105% / 8h3h 14m$79K$9K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 3 min ago12.14 bp28.4 bp −$28doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective SMCI/USDC PERP−0.0220%1h40.820−0.970%$4K$9212xas long as short
Bybit SMCIUSDT0.0000%8h41.210−0.024%$1.0M$307K25xas long as short
OKX SMCI-USDT-SWAP0.0000%8h41.270+0.121%$686K$1.1M20xas long as short
Gate SMCI_USDTlong0.0000%8h41.220long leg$1.5M$1.6M20x
Bitget SMCIUSDT0.0000%8h41.225+0.012%$1.3M$501K20xas long as short
Variational Omni SMCI0.0000%8h41.253+0.080%$107K$120Kas long as short
Phemex SMCIUSDT0.0000%8h41.260+0.097%$1.6M$256K10xas long as short
QFEX SMCI-USD+0.0032%1h41.250+0.073%$1.1M$1.8M10xas long as short
Lighter RH SMCI+0.0032%1h41.230+0.024%$32K$5K10xas long as short
GRVT SMCI_USDT_Perp+0.0037%8h41.209−0.028%$186$165K10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX SMCI-USD+0.0050%1h41.250+0.073%$144$3K10xas long as short
Extended SMCI-USD+0.0080%1h41.218−0.004%$576$10K10xas long as short
Binance SMCIUSDT+0.0084%8h41.249+0.070%$3.4M$5.3M20xas long as short
KuCoin SMCIUSDTM+0.0100%8h41.180−0.097%$460K$474K20xas long as short
HTX SMCI-USDT+0.0100%8h41.280+0.146%$8K$286K10xas long as short
BloFin SMCI-USDTshort+0.0105%8h41.280+0.146%$79K$9K20x
Paragon para:SMCI+0.0219%1h41.224+0.010%$158K$265K10xas long as short