SMSN funding rates and arbitrage
Updated 2026-11-11 22:49 UTC
Best SMSN arbitrage after every cost
No SMSN 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.
SMSN funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| Hyperliquid | xyz:SMSN | -0.0415% | 1 h | −363.3% | +7.3% | $52.6M | 2026-11-11 23:00 |
| Ondo Perps | SMSN-USD.P | -0.0519% | 1 h | −454.3% | — | $277.9K | 2026-11-11 23:00 |
Cost to enter $10,000 of SMSN
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Hyperliquid | xyz:SMSN | 2.5 bp | order-book snapshot, 3 min old |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees.
Questions
Is SMSN funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no SMSN 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 SMSN funding rate?
Hyperliquid at −363.3% a year (-0.0415% every 1 h); the lowest is Ondo Perps at −454.3%. 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.