Funding you earn now, next payment 08:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.09 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against Binance−0.051%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.051% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SMHUSDT | 601.29 | 0 | get 0.0000% / 8h | 5h 05m | $725K | $741K | 20x |
| Short | BloFin SMH-USDT | 600.98 | 0.0009 | get 0.0009% / 8h | 5h 05m | $48K | $29K | 20x |
Binance SMHUSDT
BloFin SMH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $1.85
- Price spread: −0.051% → 0.000%
- −$5.11
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$25.26
- Costs to cover
- 0.220%
- Break-even
- 102.7 days
Slippage unknown: Binance: live order book, 72 min ago; BloFin: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 72 min ago | 1.91 bp | 17.1 bp −$17 | 67.4 bp −$674 | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
SMH on 11 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance SMHUSDTlong | 0.0000% | 8h | 601.29 | long leg | $725K | $741K | 20x | |
| Bybit SMHUSDT | 0.0000% | 8h | 601.03 | −0.043% | $266K | $2.4M | 25x | as long as short |
| OKX SMH-USDT-SWAP | 0.0000% | 8h | 601.10 | −0.031% | $506K | $349K | 20x | as long as short |
| QFEX SMH-USD | 0.0000% | 1h | 600.31 | −0.162% | $1.1M | $6.4M | 10x | as long as short |
| Gate SMH_USDT | 0.0000% | 8h | 600.50 | −0.131% | $182K | $21K | 20x | as long as short |
| MEXC SMH_USDT | 0.0000% | 8h | 600.66 | −0.104% | $569K | $130K | 20x | as long as short |
| Bitget SMHUSDT | 0.0000% | 8h | 600.65 | −0.106% | $692K | $110K | 20x | as long as short |
| BloFin SMH-USDTshort | +0.0009% | 8h | 600.98 | −0.051% | $48K | $29K | 20x | |
| Vest SMH-USD-PERP | +0.0046% | 1h | 600.39 | −0.149% | — | — | 25x | as long as short |
| HTX SMH-USDT | +0.0100% | 8h | 603.36 | +0.345% | $7K | $46K | 10x | as long as short |
Bybit SMHUSDT
OKX SMH-USDT-SWAP
QFEX SMH-USD
Gate SMH_USDT
MEXC SMH_USDT
Bitget SMHUSDT
Vest SMH-USD-PERP
HTX SMH-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SMH | +0.0377% | 1h | 600.67 | −0.103% | $3.3M | $1.9M | 20x | as long as short |
tradeXYZ xyz:SMH