SMCI Funding Rate
SMCI perpetual funding on 12 exchanges: the current rate, annualized, what was actually paid and the payment history. Positive means longs pay shorts.
Updated · How we count
SMCI funding rate on every exchange
| Exchange | Rate per 8 h | Per period | Predicted | By premium | Annual | 1 day · 7 days · 30 days | Next payment | 24h volume | ||
|---|---|---|---|---|---|---|---|---|---|---|
 Binance8 h | 0.0000% | 0.0000% | — | +0.0792% | 0.0% | +0.0263% | +0.348% | +0.573% | — | |
 LBank8 h | 0.0000% | 0.0000% | — | +0.0712% | 0.0% | +0.0262% | +0.346% | +0.463% | — | |
 Toobit8 hbest long | 0.0000% | 0.0000% | — | +0.0100% | 0.0% | +0.0263% | +0.348% | +0.573% | $53.1K | |
 KuCoin8 h | 0.0000% | 0.0000% | — | — | 0.0% | 0.0000% | +0.148% | +0.213% | $660.8K | |
 Gate8 h | 0.0000% | 0.0000% | — | +0.0100% | 0.0% | 0.0000% | 0.0000% | 0.0000% | $241.8K | |
 Bitget8 h | 0.0000% | 0.0000% | — | +0.0253% | 0.0% | +0.0124% | +0.130% | +0.158% | $923.5K | |
 OKX8 h | 0.0000% | 0.0000% | — | — | 0.0% | 0.0000% | +0.128% | +0.131% | $155.7K | |
 Extended1 h | 0.0000% | 0.0000% | — | +0.0099% | 0.0% | +0.0063% | +0.208% | +0.402% | — | |
 Phemex8 h | 0.0000% | 0.0000% | — | +0.0100% | 0.0% | 0.0000% | 0.0000% | 0.0000% | $85.7K | |
 HTX8 h | +0.0100% | +0.0100% | — | — | 11.0% | +0.0300% | +0.210% | +0.900% | $112.1K | |
 XT8 hbest short | +0.0100% | +0.0100% | — | +0.0100% | 11.0% | +0.0300% | +0.355% | +1.036% | $233.6K | |
 BigONEinterval unknown | — | 0.0000% | — | +0.0100% | — | +0.0212% | +0.358% | +0.473% | $135.1K | |
What SMCI funding actually paid
Over 7 days, a SMCI long paid +0.215% on average across exchanges (11.2% a year). The most on BigONE (+0.358%), the least on Gate (0.0000%).
Over 30 days, a SMCI long paid +0.410% on average across exchanges (5.5% a year). The most on XT (+1.036%), the least on Gate (0.0000%).
SMCI funding rate history chart
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SMCI funding arbitrage right now
Among the exchanges that publish a 24h volume, the lowest rate now is on Toobit (0.0000% per 8 h), the highest on XT (+0.0100%). Long on Toobit and short on XT, price hedged: a difference of 11.0% a year before fees and before the rates move.
Rates only. The price spread between the two perps, fees to enter and exit, book depth and whether the rate holds are in the futures screener →
SMCI perpetual futures by exchange
BitgetSMCI/USDT:USDT$33.0405$923.5KKuCoinSMCI/USDT:USDT$33.0400$660.8KGateSMCI/USDT:USDT$33.0250$241.8KXTSMCI/USDT:USDT$33.0350$233.6KOKXSMCI/USDT:USDT$33.0600$155.7KBigONESMCI/USDT:USDT$33.0400$135.1KHTXSMCI/USDT:USDT$33.0600$112.1KPhemexSMCI/USDT:USDT$33.0550$85.7KToobitSMCI/USDT:USDT$33.0600$53.1KBinanceSMCI/USDT:USDT$33.0550—LBankSMCI/USDT:USDT—ExtendedSMCI/USDC:USDC$33.0245—FAQ
- What is the SMCI funding rate?
A periodic payment between long and short holders of SMCI perpetual futures that keeps the contract price near spot. When the rate is positive, longs pay shorts; when negative, shorts pay longs. Right now it ranges from 0.0000% to 0.0100% per 8 hours across 12 exchanges.
- How often is SMCI funding paid?
Every 8 hours on most exchanges, every 1–4 hours on some (Hyperliquid pays hourly). The table shows each exchange's interval and the time to the next payment.
- Why is the SMCI funding rate different on each exchange?
Each exchange computes it from its own premium of perpetual over index price and its own interval and caps. The difference is what funding arbitrage earns: short where funding is highest, long where it is lowest.
- Does a high APR mean high profit?
No. APR extrapolates the current rate over a year, and rates change every period. Compare it with what was actually paid over 7 and 30 days in the table above.