SMCI funding rates
SMCI perpetual funding is currently quoted across 8 venues, ranging from -1.8% to +10.9% APR. The most reliable delta-neutral pairing for SMCI right now is long Lighter RH / short TxFlow at +5.5% net APR (high risk, ~1.9d to break even).
as of 2026-10-21 02:20 UTC
Best delta-neutral pairing
Long Lighter RH / Short TxFlow
+5.5% net APR
- Backtested (30d)
- -1.1%
- Stability
- 93.2%
- Risk
- high
- Breakeven
- ~1.9d
Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.
Open this tradeSMCI funding by exchange
| Exchange | Funding APR |
|---|---|
| TxFlow | +10.95% |
| PopDEX | +5.52% |
| SoDEX | +5.47% |
| QFEX | +0.00% |
| Variational | +0.00% |
| Grvt | +0.00% |
| Extended | +0.00% |
| Lighter RH | -1.75% |
Frequently asked
What is the SMCI funding rate right now?
SMCI perpetual funding ranges from -1.75% to 10.95% APR across 8 exchanges we track; the widest delta-neutral spread is long Lighter RH / short TxFlow at 5.5% net APR.
Which exchange has the highest SMCI funding rate?
TxFlow currently has the highest at 10.95% APR. See the full ranking above.