SMR funding rates and arbitrage
Updated 2026-10-30 04:48 UTC
Best SMR arbitrage after every cost
No SMR pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
SMR funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| LBank | SMRUSDT | 0.0229% | 8 h | +25.1% | — | — | 2026-10-30 08:00 |
| Binance | SMRUSDT | 0.0214% | 8 h | +23.4% | +21.2% | $95K | 2026-10-30 08:00 |
| BingX | NCSKSMR2USD-USDT | 0.0212% | 8 h | +23.2% | +32.2% | $902.3K | 2026-10-30 08:00 |
| MEXC | SMRSTOCK_USDT | 0.0129% | 8 h | +14.1% | +27.0% | $2.9M | 2026-10-30 08:00 |
| Bitget | SMRUSDT | 0.0129% | 8 h | +14.1% | +27.0% | $230K | 2026-10-30 08:00 |
Cost to enter $10,000 of SMR
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Bitget | SMRUSDT | 7.8 bp | top of book only |
| MEXC | SMRSTOCK_USDT | 16.3 bp | top of book only |
| Binance | SMRUSDT | 21.6 bp * | top of book only |
| BingX | NCSKSMR2USD-USDT | 26.9 bp | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees. * fee estimated: the exchange publishes no fee schedule without an account.
Questions
Is SMR funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no SMR pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest SMR funding rate?
LBank at +25.1% a year (0.0229% every 8 h); the lowest is Bitget at +14.1%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.