Funding you earn now, next payment 16:00 UTC+0.0017%/8h= +1.9% APRnext payment +$0.17 per $10,000 · paid last 24h −0.006%
Price spread now: Bitget against BloFin−0.030%7-day average — · you buy dearer than you sell
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
Funding pays, the price is against you. Bitget is 0.030% cheaper against BloFin than usual: you would sell low and buy high (spread −0.030% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 5.9 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SMH-USDT | 592.49 | −0.0017 | get 0.0017% / 8h | 6h 54m | $47K | $30K | 20x |
| Short | Bitget SMHUSDT | 592.31 | 0 | get 0.0000% / 8h | 6h 54m | $683K | $49K | 20x |
BloFin SMH-USDT
Bitget SMHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. 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
- $3.61
- Price spread: −0.030% → 0.000%
- −$3.04
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$23.42
- Costs to cover
- 0.240%
- Break-even
- 52.4 days
Slippage unknown: BloFin: no order-book sample; Bitget: live order book, 36 min ago. 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 BloFin no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 36 min ago | 14.86 bp | 25.8 bp −$26 | 68.6 bp −$686 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SMH-USDTlong | −0.0017% | 8h | 592.49 | long leg | $47K | $30K | 20x | |
| QFEX SMH-USD | 0.0000% | 1h | 592.03 | −0.078% | $1.1M | $6.2M | 10x | as long as short |
| Binance SMHUSDT | 0.0000% | 8h | 592.99 | +0.084% | $707K | $790K | 20x | as long as short |
| Bybit SMHUSDT | 0.0000% | 8h | 592.28 | −0.035% | $299K | $367K | 25x | as long as short |
| OKX SMH-USDT-SWAP | 0.0000% | 8h | 592.52 | +0.005% | $499K | $288K | 20x | as long as short |
| Gate SMH_USDT | 0.0000% | 8h | 592.00 | −0.083% | $185K | $18K | 20x | as long as short |
| MEXC SMH_USDT | 0.0000% | 8h | 592.72 | +0.039% | $561K | $112K | 20x | as long as short |
| Bitget SMHUSDTshort | 0.0000% | 8h | 592.31 | −0.030% | $683K | $49K | 20x | |
| Vest SMH-USD-PERP | +0.0046% | 1h | 591.56 | −0.157% | — | — | 25x | as long as short |
| HTX SMH-USDT | +0.0100% | 8h | 593.28 | +0.133% | $6K | $47K | 10x | as long as short |
QFEX SMH-USD
Binance SMHUSDT
Bybit SMHUSDT
OKX SMH-USDT-SWAP
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 | +0.0429% | 1h | 592.22 | −0.046% | $3.2M | $1.9M | 20x | as long as short |
tradeXYZ xyz:SMH