SMCI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0017%/8h= −1.9% APRnext payment −$0.17 per $10,000 · paid last 24h +0.002%

Price spread now: Binance against HTX+0.052%7-day average −0.036% · you sell dearer than you buy

Net, funding: paid 7d − costs−$123as in the Funding arb table

Net, price: spread back to 7d avg − costs−$99as in the Price arb table

costs, in and out, $10k−$1071.075% of the position

Long on HTX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.157%−$16 on $10k

Price spread, last 4 days (all we have)−0.171%−$17 · spread now +0.052%, 7d avg −0.036%

Together, before fees−0.327%−$33 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.087% dearer against HTX than usual: you sell high and buy low (spread +0.052% now, against its 7-day average of −0.036%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 17 days. At the pace of the last 7 days (−0.157% in total) that is about 3.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX SMCI-USDT	41.250	0.0100	pay 0.0100% / 8h	3h 15m	$8K	$286K	10x
Short	Binance SMCIUSDT	41.271	0.0083	get 0.0083% / 8h	3h 15m	$3.4M	$5.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against HTX. 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 HTXbpFee BinancebpOrdersPrice spread, now +0.052%Rate

Funding earned: −$3.67
Price spread: +0.052% → −0.036%: $8.72
Slippage, 4 orders: −$85.5
Fee HTX: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$102.45
Costs to cover: 1.075%
Break-even: never at this rate

Slippage from HTX: live order book, 36 min ago; Binance: live order book, 7 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 HTX live order book, 36 min ago	20.52 bp	33.2 bp −$33	68.2 bp −$682	doesn't fit	doesn't fit
Sell Binance live order book, 7 min ago	2.43 bp	16.2 bp −$16	60.8 bp −$608	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	40.820	−1.042%	$4K	$92	12x	as long as short
Bybit SMCIUSDT	0.0000%	8h	41.220	−0.073%	$1.0M	$307K	25x	as long as short
OKX SMCI-USDT-SWAP	0.0000%	8h	41.180	−0.170%	$684K	$1.1M	20x	as long as short
Gate SMCI_USDT	0.0000%	8h	41.220	−0.073%	$1.5M	$1.6M	20x	as long as short
Bitget SMCIUSDT	0.0000%	8h	41.232	−0.044%	$1.3M	$501K	20x	as long as short
Variational Omni SMCI	0.0000%	8h	41.253	+0.007%	$107K	$120K	—	as long as short
Phemex SMCIUSDT	0.0000%	8h	41.260	+0.024%	$1.6M	$256K	10x	as long as short
QFEX SMCI-USD	+0.0032%	1h	41.270	+0.048%	$1.1M	$1.8M	10x	as long as short
Lighter RH SMCI	+0.0032%	1h	41.235	−0.036%	$32K	$5K	10x	as long as short
GRVT SMCI_USDT_Perp	+0.0037%	8h	41.209	−0.101%	$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	41.220	−0.073%	$144	$3K	10x	as long as short
BloFin SMCI-USDT	+0.0054%	8h	41.210	−0.097%	$79K	$9K	20x	as long as short
Extended SMCI-USD	+0.0080%	1h	41.248	−0.004%	$576	$10K	10x	as long as short
Binance SMCIUSDTshort	+0.0083%	8h	41.271	+0.052%	$3.4M	$5.3M	20x
KuCoin SMCIUSDTM	+0.0100%	8h	41.180	−0.170%	$460K	$474K	20x	as long as short
HTX SMCI-USDTlong	+0.0100%	8h	41.250	long leg	$8K	$286K	10x
Paragon para:SMCI	+0.0220%	1h	41.214	−0.088%	$158K	$265K	10x	as long as short