Funding you earn now, next payment 05:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.008%
Price spread now: QFEX against Variational Omni−0.007%7-day average −0.024% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.152%+$15 · spread now −0.007%, 7d avg −0.024%
=Together, before fees+0.149%+ Points / potential airdropVariational Omni: Active · farm board+$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.024%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni SMCI | 41.323 | 0 | get 0.0000% / 8h | 3h 43m | $97K | $110K | — |
| Short | QFEX SMCI-USD | 41.320 | 0.0032 | get 0.0004% / 1h | 43m 55s | $1.1M | $1.9M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Variational Omni. 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
- $6.67
- Price spread: −0.007% → −0.024%
- $1.74
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$1.59
- Costs to cover
- 0.100%
- Break-even
- 8.7 days
Slippage unknown: Variational Omni: RFQ quote, 50 min ago; QFEX: live order book, 8 min ago. 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 Variational Omni RFQ quote, 50 min ago | 5.68 bp | doesn't fit | 71.4 bp −$714 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 8 min ago | 2.42 bp | 12.3 bp −$12 | 23.7 bp −$237 | 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 | 41.060 | −0.636% | $4K | $91 | 12x | as long as short |
| Bybit SMCIUSDT | 0.0000% | 8h | 41.300 | −0.055% | $1.0M | $652K | 25x | as long as short |
| OKX SMCI-USDT-SWAP | 0.0000% | 8h | 41.320 | −0.007% | $686K | $1.1M | 20x | as long as short |
| Gate SMCI_USDT | 0.0000% | 8h | 41.310 | −0.031% | $1.5M | $1.6M | 20x | as long as short |
| Bitget SMCIUSDT | 0.0000% | 8h | 41.315 | −0.019% | $1.3M | $501K | 20x | as long as short |
| Variational Omni SMCIlong | 0.0000% | 8h | 41.323 | long leg | $97K | $110K | — | |
| Phemex SMCIUSDT | 0.0000% | 8h | 41.310 | −0.031% | $1.6M | $253K | 10x | as long as short |
| QFEX SMCI-USDshort | +0.0032% | 1h | 41.320 | −0.007% | $1.1M | $1.9M | 10x | |
| Lighter RH SMCI | +0.0032% | 1h | 41.305 | −0.043% | $32K | $5K | 10x | as long as short |
| GRVT SMCI_USDT_Perp | +0.0045% | 8h | 41.334 | +0.027% | $184 | $163K | 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 | 41.310 | −0.031% | $148 | $3K | 10x | as long as short |
| BloFin SMCI-USDT | +0.0088% | 8h | 41.360 | +0.090% | $79K | $9K | 20x | as long as short |
| Extended SMCI-USD | +0.0096% | 1h | 41.309 | −0.034% | $579 | $10K | 10x | as long as short |
| Binance SMCIUSDT | +0.0099% | 8h | 41.320 | −0.007% | $3.4M | $5.2M | 20x | as long as short |
| KuCoin SMCIUSDTM | +0.0100% | 8h | 41.310 | −0.031% | $461K | $480K | 20x | as long as short |
| HTX SMCI-USDT | +0.0100% | 8h | 41.290 | −0.079% | $8K | $285K | 10x | as long as short |
| Paragon para:SMCI | +0.0414% | 1h | 41.331 | +0.021% | $159K | $265K | 10x | as long as short |
Variational Omni SMCI
Injective SMCI/USDC PERP
Bybit SMCIUSDT
OKX SMCI-USDT-SWAP
Gate SMCI_USDT
Bitget SMCIUSDT
Phemex SMCIUSDT
Lighter RH SMCI
GRVT SMCI_USDT_Perp
SoDEX SMCI-USD
BloFin SMCI-USDT
Extended SMCI-USD
Binance SMCIUSDT
KuCoin SMCIUSDTM
HTX SMCI-USDT
Paragon para:SMCI