Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.011%
Price spread now: MEXC against Bitget−0.020%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1271.275% of the position
Funding, last 7 days+0.087%+$9 on $10k
+Price spread, last 4 days (all we have)+0.051%+$5 · spread now −0.020%, 7d avg −0.045%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.025% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.045%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SMHUSDT | 600.79 | 0 | get 0.0000% / 8h | 6h 43m | $695K | $119K | 20x |
| Short | MEXC SMH_USDT | 600.67 | 0 | get 0.0000% / 8h | 6h 43m | $569K | $129K | 20x |
Bitget SMHUSDT
MEXC SMH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.020% → −0.045%
- $2.51
- Slippage, 4 orders
- −$115.46
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$124.95
- Costs to cover
- 1.275%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 22 min ago; MEXC: live order book, 16 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, 22 min ago | 9.38 bp | 15.9 bp −$16 | 35.7 bp −$357 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 16 min ago | 9.55 bp | 14.1 bp −$14 | 20.5 bp −$205 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SMHUSDT | 0.0000% | 8h | 601.15 | +0.060% | $744K | $752K | 20x | as long as short |
| Bybit SMHUSDT | 0.0000% | 8h | 600.82 | +0.005% | $265K | $2.4M | 25x | as long as short |
| OKX SMH-USDT-SWAP | 0.0000% | 8h | 601.18 | +0.065% | $506K | $349K | 20x | as long as short |
| QFEX SMH-USD | 0.0000% | 1h | 600.12 | −0.112% | $1.1M | $6.7M | 10x | as long as short |
| Gate SMH_USDT | 0.0000% | 8h | 600.80 | +0.002% | $182K | $21K | 20x | as long as short |
| MEXC SMH_USDTshort | 0.0000% | 8h | 600.67 | −0.020% | $569K | $129K | 20x | |
| Bitget SMHUSDTlong | 0.0000% | 8h | 600.79 | long leg | $695K | $119K | 20x | |
| BloFin SMH-USDT | +0.0016% | 8h | 601.72 | +0.155% | $48K | $30K | 20x | as long as short |
| Vest SMH-USD-PERP | +0.0046% | 1h | 600.20 | −0.098% | — | — | 25x | as long as short |
| HTX SMH-USDT | +0.0100% | 8h | 601.12 | +0.055% | $7K | $46K | 10x | as long as short |
Binance SMHUSDT
Bybit SMHUSDT
OKX SMH-USDT-SWAP
QFEX SMH-USD
Gate SMH_USDT
BloFin 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 | +0.0457% | 1h | 601.09 | +0.050% | $3.3M | $1.9M | 20x | as long as short |
tradeXYZ xyz:SMH