Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.020%
Price spread now: HTX against Binance+0.078%7-day average — · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and HTX is 0.078% dearer against Binance than usual: you sell high and buy low: +$8 more if the spread 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 | 601.00 | 0 | get 0.0000% / 8h | 4h 13m | $729K | $752K | 20x |
| Short | HTX SMH-USDT | 601.47 | 0.0100 | get 0.0100% / 8h | 4h 13m | $7K | $46K | 10x |
Binance SMHUSDT
HTX SMH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $21
- Price spread: +0.078% → 0.000%
- $7.82
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $6.82
- Costs to cover
- 0.220%
- Break-even
- 4.7 days
Slippage unknown: Binance: live order book, 48 min ago; HTX: 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, 48 min ago | 4.57 bp | 12.8 bp −$13 | 55.3 bp −$553 | doesn't fit | doesn't fit |
| Sell HTX no order-book sample | — | — | — | — | — |
HTX: 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 | 601.00 | long leg | $729K | $752K | 20x | |
| Bybit SMHUSDT | 0.0000% | 8h | 600.47 | −0.088% | $267K | $2.4M | 25x | as long as short |
| OKX SMH-USDT-SWAP | 0.0000% | 8h | 601.14 | +0.023% | $507K | $349K | 20x | as long as short |
| QFEX SMH-USD | 0.0000% | 1h | 599.45 | −0.258% | $1.1M | $6.4M | 10x | as long as short |
| Gate SMH_USDT | 0.0000% | 8h | 600.20 | −0.133% | $191K | $24K | 20x | as long as short |
| MEXC SMH_USDT | 0.0000% | 8h | 600.15 | −0.141% | $568K | $130K | 20x | as long as short |
| Bitget SMHUSDT | 0.0000% | 8h | 600.30 | −0.116% | $691K | $109K | 20x | as long as short |
| BloFin SMH-USDT | +0.0010% | 8h | 601.01 | +0.002% | $48K | $29K | 20x | as long as short |
| Vest SMH-USD-PERP | +0.0046% | 1h | 599.51 | −0.248% | — | — | 25x | as long as short |
| HTX SMH-USDTshort | +0.0100% | 8h | 601.47 | +0.078% | $7K | $46K | 10x |
Bybit SMHUSDT
OKX SMH-USDT-SWAP
QFEX SMH-USD
Gate SMH_USDT
MEXC SMH_USDT
Bitget SMHUSDT
BloFin SMH-USDT
Vest SMH-USD-PERPShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SMH | +0.0564% | 1h | 600.69 | −0.052% | $3.3M | $1.9M | 20x | as long as short |
tradeXYZ xyz:SMH