Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%
Price spread now: Binance against Bitget+0.030%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$229as in the Funding arb table
Net, price: spread back to 7d avg − costs−$235as in the Price arb table
costs, in and out, $10k−$2382.378% of the position
Funding, last 7 days+0.086%+$9 on $10k
+Price spread, last 2 days (all we have)−0.140%−$14 · spread now +0.030%, 7d avg +0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.027% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SMHUSDT | 594.82 | 0 | get 0.0000% / 8h | 3h 02m | $686K | $109K | 20x |
| Short | Binance SMHUSDT | 595.00 | 0 | get 0.0000% / 8h | 3h 02m | $742K | $787K | 20x |
Bitget SMHUSDT
Binance SMHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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: +0.030% → +0.003%
- $2.69
- Slippage, 4 orders
- −$215.82
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$235.13
- Costs to cover
- 2.378%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 48 min ago; Binance: 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 Bitget live order book, 48 min ago | 5.09 bp | 13.0 bp −$13 | 37.1 bp −$371 | doesn't fit | doesn't fit |
| Sell Binance live order book, 45 min ago | 3.01 bp | 19.8 bp −$20 | 68.2 bp −$682 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SMH-USDT | −0.0025% | 8h | 595.61 | +0.133% | $48K | $29K | 20x | as long as short |
| Binance SMHUSDTshort | 0.0000% | 8h | 595.00 | +0.030% | $742K | $787K | 20x | |
| Bybit SMHUSDT | 0.0000% | 8h | 594.02 | −0.134% | $302K | $2.0M | 25x | as long as short |
| OKX SMH-USDT-SWAP | 0.0000% | 8h | 595.58 | +0.128% | $504K | $350K | 20x | as long as short |
| QFEX SMH-USD | 0.0000% | 1h | 593.99 | −0.140% | $1.1M | $6.3M | 10x | as long as short |
| Gate SMH_USDT | 0.0000% | 8h | 594.60 | −0.037% | $188K | $27K | 20x | as long as short |
| MEXC SMH_USDT | 0.0000% | 8h | 595.04 | +0.037% | $563K | $131K | 20x | as long as short |
| Bitget SMHUSDTlong | 0.0000% | 8h | 594.82 | long leg | $686K | $109K | 20x | |
| Vest SMH-USD-PERP | +0.0046% | 1h | 594.08 | −0.124% | — | — | 25x | as long as short |
| HTX SMH-USDT | +0.0100% | 8h | 595.79 | +0.163% | $6K | $46K | 10x | as long as short |
BloFin SMH-USDT
Bybit SMHUSDT
OKX SMH-USDT-SWAP
QFEX SMH-USD
Gate SMH_USDT
MEXC SMH_USDT
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 | +0.0446% | 1h | 594.58 | −0.040% | $3.3M | $2.0M | 20x | as long as short |
tradeXYZ xyz:SMH