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

SMCI

RWAall SMCI markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Bitget against KuCoin+0.070%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$813as in the Funding arb table
Net, price: spread back to 7d avg − costs−$801as in the Price arb table
costs, in and out, $10k−$8028.016% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.117%−$12 on $10k
Price spread, last 4 days (all we have)−0.117%−$12 · spread now +0.070%, 7d avg +0.066%
Together, before fees−0.234%−$23 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.066%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SMCIUSDTM41.2000.0100pay 0.0100% / 8h3h 39m$460K$480K20x
ShortBitget SMCIUSDT41.2290get 0.0000% / 8h3h 39m$1.3M$501K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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
−$21
Price spread: +0.070% → +0.066%
$0.42
Slippage, 4 orders
−$777.55
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$822.13
Costs to cover
8.016%
Break-even
never at this rate
Slippage from KuCoin: live order book, 33 min ago; Bitget: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 33 min ago12.04 bp229.2 bp −$229doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago5.57 bp258.3 bp −$258505.1 bp −$5,051doesn't fitdoesn't fit

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%1h41.060−0.340%$4K$9112xas long as short
Bybit SMCIUSDT0.0000%8h41.2000.000%$1.0M$652K25xas long as short
OKX SMCI-USDT-SWAP0.0000%8h41.260+0.146%$685K$1.1M20xas long as short
Gate SMCI_USDT0.0000%8h41.260+0.146%$1.5M$1.6M20xas long as short
Bitget SMCIUSDTshort0.0000%8h41.229+0.070%$1.3M$501K20x
Variational Omni SMCI0.0000%8h41.273+0.177%$97K$110Kas long as short
Phemex SMCIUSDT0.0000%8h41.250+0.121%$1.6M$252K10xas long as short
QFEX SMCI-USD+0.0032%1h41.240+0.097%$1.1M$1.8M10xas long as short
Lighter RH SMCI+0.0032%1h41.230+0.073%$32K$5K10xas long as short
GRVT SMCI_USDT_Perp+0.0033%8h41.340+0.340%$184$163K10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX SMCI-USD+0.0050%1h41.250+0.121%$149$3K10xas long as short
BloFin SMCI-USDT+0.0064%8h41.350+0.364%$79K$9K20xas long as short
Binance SMCIUSDT+0.0088%8h41.209+0.022%$3.4M$5.2M20xas long as short
Extended SMCI-USD+0.0088%1h41.196−0.009%$579$10K10xas long as short
KuCoin SMCIUSDTMlong+0.0100%8h41.200long leg$460K$480K20x
HTX SMCI-USDT+0.0100%8h41.300+0.243%$8K$285K10xas long as short
Paragon para:SMCI+0.0405%1h41.279+0.191%$158K$265K10xas long as short