SMCI

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0293%/8h= +32.1% APRnext payment +$0.37 per $10,000 · paid last 24h +0.023%

Price spread now: Extended against QFEX−0.057%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on QFEX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Funding pays, the price is against you. Extended is 0.057% cheaper against QFEX than usual: you would sell low and buy high (spread −0.057% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 16 hours of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX SMCI-USD	41.040	0.0067	pay 0.0008% / 1h	9m 30s	$1.1M	$1.8M	10x
Short	Extended SMCI-USD	41.016	0.0360	get 0.0045% / 1h	9m 30s	$574	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against QFEX. 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 QFEXbpFee ExtendedbpOrdersPrice spread, now −0.057%Rate

Funding earned: $61.56
Price spread: −0.057% → 0.000%: −$5.74
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $40.82
Costs to cover: 0.150%
Break-even: 2.4 days

Slippage unknown: QFEX: live order book, 5 min ago; Extended: 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 QFEX live order book, 5 min ago	2.44 bp	12.7 bp −$13	21.6 bp −$216	doesn't fit	doesn't fit
Sell Extended no order-book sample	—	—	—	—	—

Extended: 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 exchanges

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
Bybit SMCIUSDT	0.0000%	8h	40.950	−0.219%	$997K	$296K	25x	as long as short
OKX SMCI-USDT-SWAP	0.0000%	8h	41.010	−0.073%	$668K	$1.1M	20x	as long as short
Gate SMCI_USDT	0.0000%	8h	40.980	−0.146%	$1.5M	$1.4M	20x	as long as short
Bitget SMCIUSDT	0.0000%	8h	41.009	−0.076%	$1.3M	$472K	20x	as long as short
Phemex SMCIUSDT	0.0000%	8h	41.010	−0.073%	$1.6M	$259K	10x	as long as short
Lighter RH SMCI	+0.0032%	1h	41.012	−0.068%	$40K	$14K	10x	as long as short
Injective SMCI/USDC PERP	+0.0033%	1h	40.650	−0.950%	$4K	$84	12x	as long as short
Paragon para:SMCI	+0.0060%	1h	40.942	−0.239%	$157K	$240K	10x	as long as short
QFEX SMCI-USDlong	+0.0067%	1h	41.040	long leg	$1.1M	$1.8M	10x
KuCoin SMCIUSDTM	+0.0100%	8h	40.950	−0.219%	$459K	$605K	20x	as long as short

Show all 17 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SMCI-USDT	+0.0100%	8h	41.030	−0.024%	$8K	$290K	10x	as long as short
Variational Omni SMCI	+0.0242%	8h	41.021	−0.047%	$151K	$160K	—	as long as short
BloFin SMCI-USDT	+0.0347%	8h	40.990	−0.122%	$79K	$9K	20x	as long as short
Extended SMCI-USDshort	+0.0360%	1h	41.016	−0.057%	$574	—	10x
Binance SMCIUSDT	+0.0361%	8h	41.030	−0.024%	$3.4M	$5.3M	20x	as long as short
SoDEX SMCI-USD	+0.0464%	1h	41.000	−0.097%	$134	$3K	10x	as long as short
GRVT SMCI_USDT_Perp	+0.1297%	8h	41.011	−0.071%	$22	$166K	10x	as long as short