Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: HTX against Bitget+0.345%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 0.345% dearer against Bitget than usual: you sell high and buy low: +$34 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 | Bitget SMHUSDT | 597.67 | 0 | get 0.0000% / 8h | 1h 05m | $695K | $141K | 20x |
| Short | HTX SMH-USDT | 599.73 | 0.0100 | get 0.0100% / 8h | 1h 05m | $7K | $45K | 10x |
Bitget SMHUSDT
HTX SMH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $21
- Price spread: +0.345% → 0.000%
- $34.47
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $31.47
- Costs to cover
- 0.240%
- Break-even
- from the start
Slippage unknown: Bitget: live order book, 9 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 Bitget live order book, 9 min ago | 9.03 bp | 24.4 bp −$24 | 36.7 bp −$367 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SMH-USDT | −0.0003% | 8h | 597.66 | −0.002% | $40K | $28K | 20x | as long as short |
| Binance SMHUSDT | 0.0000% | 8h | 597.90 | +0.038% | $734K | $773K | 20x | as long as short |
| Bybit SMHUSDT | 0.0000% | 8h | 597.41 | −0.044% | $259K | $2.2M | 25x | as long as short |
| OKX SMH-USDT-SWAP | 0.0000% | 8h | 597.54 | −0.022% | $431K | $265K | 20x | as long as short |
| QFEX SMH-USD | 0.0000% | 1h | 597.26 | −0.069% | $1.1M | $6.8M | 10x | as long as short |
| Gate SMH_USDT | 0.0000% | 8h | 597.30 | −0.062% | $182K | $22K | 20x | as long as short |
| MEXC SMH_USDT | 0.0000% | 8h | 597.76 | +0.015% | $582K | $122K | 20x | as long as short |
| Bitget SMHUSDTlong | 0.0000% | 8h | 597.67 | long leg | $695K | $141K | 20x | |
| Vest SMH-USD-PERP | +0.0046% | 1h | 597.27 | −0.067% | — | — | 25x | as long as short |
| tradeXYZ xyz:SMH | +0.0050% | 1h | 597.53 | −0.023% | $3.3M | $2.2M | 20x | as long as short |
BloFin SMH-USDT
Binance SMHUSDT
Bybit SMHUSDT
OKX SMH-USDT-SWAP
QFEX SMH-USD
Gate SMH_USDT
MEXC SMH_USDT
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-USDTshort | +0.0100% | 8h | 599.73 | +0.345% | $7K | $45K | 10x |