SMCI funding rates

SMCI funding is +0.0096% per 8h on LBank right now, +10.5% annualized; 9 exchanges quote the perpetual.

Rates by exchange

live
ExchangeMarkIndexMark vs indexFundingAPRIntervalNext settlement
LBank31.410031.3900+0.0637%+0.0096%+10.5%8h03:59 PM UTC
BingX31.420031.42000.0000%+0.0050%+5.5%8h03:59 PM UTC
Binance31.420031.3876+0.1032%0.0000%0.0%8h03:59 PM UTC
Bitget31.400031.3996+0.0011%0.0000%0.0%8h03:59 PM UTC
Bybit31.430031.43000.0000%0.0000%0.0%8h03:59 PM UTC
Gate31.400031.4010-0.0032%0.0000%0.0%8h03:59 PM UTC
KuCoin31.400031.40000.0000%0.0000%0.0%8h03:59 PM UTC
MEXC31.400031.40000.0000%0.0000%0.0%8h03:59 PM UTC
OKX31.410031.41000.0000%0.0000%0.0%8h03:59 PM UTC

Top pairings for SMCI

LongShortKindFunding / 24h
LBank spot 31.4200BingX perp 31.4200spot-perp+0.015%Open in scanner
LBank spot 31.4200Binance perp 31.4200spot-perp0.000%Open in scanner
LBank spot 31.4200LBank perp 31.4100spot-perp+0.029%Open in scanner
LBank spot 31.4200MEXC perp 31.4000spot-perp0.000%Open in scanner
LBank spot 31.4200Gate perp 31.4000spot-perp0.000%Open in scanner

32 pairings in the scanner

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The scanner ranks every route by net spread through the order book, after both legs’ fees, with alerts to Telegram and a trade journal. The first week is free.

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The table shows every exchange where SMCI trades as a perpetual: the rate per settlement, the same rate annualized, the settlement interval and when the next one is. The numbers are the exchanges’ own, read live, not a snapshot from an hour ago.

A positive rate is paid by longs to shorts, a negative one the other way round. The annualized figure assumes the rate stays put for a year, which it never does — it is a way to compare exchanges with different intervals, not a forecast.

The highest and the lowest rate across exchanges are what a funding spread is made of: short where longs pay the most, long where they pay the least, and collect the difference every settlement — minus the cost of entering both legs.

FAQ

What is a funding rate?

A periodic payment between long and short holders of a perpetual that keeps its price near the spot price. Positive: longs pay shorts; negative: shorts pay longs.

How is the annualized rate computed?

The rate per settlement times the number of settlements in a year — 1095 for an 8h interval — in percent. It is a comparison figure, not a forecast.

Why does the rate differ between exchanges?

Each exchange computes its own rate from its own order flow and interval. The differences are what funding arbitrage lives on.

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