Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance+0.042%7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$450.453% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 2 days (all we have)−0.059%−$6 · spread now +0.042%, 7d avg −0.032%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.074% dearer against Binance than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SMHUSDT | 593.38 | 0 | get 0.0000% / 8h | 1h 54m | $721K | $839K | 20x |
| Short | MEXC SMH_USDT | 593.63 | 0 | get 0.0000% / 8h | 1h 54m | $562K | $128K | 20x |
Binance SMHUSDT
MEXC SMH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $0
- Price spread: +0.042% → −0.032%
- $7.38
- Slippage, 4 orders
- −$35.28
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$37.9
- Costs to cover
- 0.453%
- Break-even
- never at this rate
Slippage from Binance: live order book, 38 min ago; MEXC: live order book, 45 min ago.
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, 38 min ago | 3.71 bp | 12.3 bp −$12 | 58.1 bp −$581 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 45 min ago | 0.42 bp | 7.7 bp −$8 | 79.4 bp −$794 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SMHUSDT | −0.0015% | 8h | 593.81 | +0.072% | $685K | $81K | 20x | as long as short |
| BloFin SMH-USDT | −0.0013% | 8h | 594.85 | +0.247% | $47K | $29K | 20x | as long as short |
| Binance SMHUSDTlong | 0.0000% | 8h | 593.38 | long leg | $721K | $839K | 20x | |
| Bybit SMHUSDT | 0.0000% | 8h | 592.45 | −0.157% | $301K | $639K | 25x | as long as short |
| OKX SMH-USDT-SWAP | 0.0000% | 8h | 593.40 | +0.003% | $503K | $352K | 20x | as long as short |
| Gate SMH_USDT | 0.0000% | 8h | 593.20 | −0.031% | $188K | $28K | 20x | as long as short |
| MEXC SMH_USDTshort | 0.0000% | 8h | 593.63 | +0.042% | $562K | $128K | 20x | |
| QFEX SMH-USD | 0.0000% | 1h | 592.84 | −0.092% | $1.1M | $6.3M | 10x | as long as short |
| Vest SMH-USD-PERP | +0.0046% | 1h | 592.84 | −0.092% | — | — | 25x | as long as short |
| HTX SMH-USDT | +0.0100% | 8h | 593.66 | +0.047% | $7K | $46K | 10x | as long as short |
Bitget SMHUSDT
BloFin SMH-USDT
Bybit SMHUSDT
OKX SMH-USDT-SWAP
Gate SMH_USDT
QFEX SMH-USD
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 | +0.0340% | 1h | 592.99 | −0.066% | $3.2M | $2.0M | 20x | as long as short |
tradeXYZ xyz:SMH