Funding you earn now, next payment 00:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.22 per $10,000 · paid last 24h +0.007%
Price spread now: BloFin against Bitget+0.010%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SMHUSDT | 596.50 | 0 | get 0.0000% / 8h | 2h 06m | $693K | $130K | 20x |
| Short | BloFin SMH-USDT | 596.56 | 0.0022 | get 0.0022% / 8h | 2h 06m | $40K | $28K | 20x |
Bitget SMHUSDT
BloFin SMH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $4.54
- Price spread: +0.010% → 0.000%
- $1.01
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$18.45
- Costs to cover
- 0.240%
- Break-even
- 35.4 days
Slippage unknown: Bitget: live order book, 14 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 Bitget live order book, 14 min ago | 15.59 bp | 23.9 bp −$24 | 39.5 bp −$395 | 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 SMHUSDT | 0.0000% | 8h | 596.96 | +0.077% | $733K | $821K | 20x | as long as short |
| Bybit SMHUSDT | 0.0000% | 8h | 596.27 | −0.039% | $259K | $2.2M | 25x | as long as short |
| OKX SMH-USDT-SWAP | 0.0000% | 8h | 596.16 | −0.057% | $430K | $265K | 20x | as long as short |
| Gate SMH_USDT | 0.0000% | 8h | 596.20 | −0.050% | $182K | $22K | 20x | as long as short |
| MEXC SMH_USDT | 0.0000% | 8h | 596.49 | −0.002% | $580K | $122K | 20x | as long as short |
| Bitget SMHUSDTlong | 0.0000% | 8h | 596.50 | long leg | $693K | $130K | 20x | |
| QFEX SMH-USD | +0.0001% | 1h | 596.18 | −0.054% | $1.1M | $6.2M | 10x | as long as short |
| BloFin SMH-USDTshort | +0.0022% | 8h | 596.56 | +0.010% | $40K | $28K | 20x | |
| Vest SMH-USD-PERP | +0.0046% | 1h | 596.23 | −0.045% | — | — | 25x | as long as short |
| tradeXYZ xyz:SMH | +0.0050% | 1h | 596.45 | −0.008% | $3.3M | $2.2M | 20x | as long as short |
Binance SMHUSDT
Bybit SMHUSDT
OKX SMH-USDT-SWAP
Gate SMH_USDT
MEXC SMH_USDT
QFEX SMH-USD
Vest SMH-USD-PERP
tradeXYZ xyz:SMHShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SMH-USDT | +0.0100% | 8h | 596.94 | +0.074% | $7K | $44K | 10x | as long as short |
HTX SMH-USDT