Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: QFEX against Bitget0.000%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$660.659% of the position
Funding, last 4 days (all we have)0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.083%−$8 · spread now 0.000%, 7d avg −0.033%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.033% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SMHUSDT | 600.14 | 0 | get 0.0000% / 8h | 5h 12m | $691K | $110K | 20x |
| Short | QFEX SMH-USD | 600.14 | 0 | get 0.0000% / 1h | 12m 19s | $1.1M | $6.5M | 10x |
Bitget SMHUSDT
QFEX SMH-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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: 0.000% → −0.033%
- $3.33
- Slippage, 4 orders
- −$43.94
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$62.61
- Costs to cover
- 0.659%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 48 min ago; QFEX: live order book, 6 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 | 13.49 bp | 20.0 bp −$20 | 30.4 bp −$304 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 6 min ago | 1.58 bp | 11.9 bp −$12 | doesn't fit | 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 | 600.84 | +0.117% | $724K | $742K | 20x | as long as short |
| Bybit SMHUSDT | 0.0000% | 8h | 600.76 | +0.103% | $266K | $2.4M | 25x | as long as short |
| OKX SMH-USDT-SWAP | 0.0000% | 8h | 600.83 | +0.115% | $506K | $349K | 20x | as long as short |
| QFEX SMH-USDshort | 0.0000% | 1h | 600.14 | 0.000% | $1.1M | $6.5M | 10x | |
| Gate SMH_USDT | 0.0000% | 8h | 600.30 | +0.027% | $182K | $21K | 20x | as long as short |
| MEXC SMH_USDT | 0.0000% | 8h | 600.87 | +0.122% | $569K | $130K | 20x | as long as short |
| Bitget SMHUSDTlong | 0.0000% | 8h | 600.14 | long leg | $691K | $110K | 20x | |
| BloFin SMH-USDT | +0.0004% | 8h | 600.57 | +0.072% | $48K | $29K | 20x | as long as short |
| Vest SMH-USD-PERP | +0.0046% | 1h | 600.19 | +0.008% | — | — | 25x | as long as short |
| HTX SMH-USDT | +0.0100% | 8h | 602.27 | +0.355% | $7K | $46K | 10x | as long as short |
Binance SMHUSDT
Bybit SMHUSDT
OKX SMH-USDT-SWAP
Gate SMH_USDT
MEXC 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 | +0.0387% | 1h | 600.67 | +0.088% | $3.3M | $1.9M | 20x | as long as short |
tradeXYZ xyz:SMH