Funding you earn now, next payment 04:00 UTC+0.0586%/8h= +64.2% APRpaid last 24h +0.096%
Price spread now: tradeXYZ against BloFin+0.003%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
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$18 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SMH-USDT | 600.60 | −0.0009 | get 0.0009% / 8h | 4h 11m | $48K | $29K | 20x |
| Short | tradeXYZ xyz:SMH | 600.62 | 0.0577 | get 0.0072% / 1h | 11m 14s | $3.3M | $1.9M | 20x |
BloFin SMH-USDT
tradeXYZ xyz:SMHFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $123.11
- Price spread: +0.003% → 0.000%
- $0.33
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $93.44
- Costs to cover
- 0.300%
- Break-even
- 1.7 days
Slippage unknown: BloFin: no order-book sample; tradeXYZ: live order book, 6 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 tradeXYZ live order book, 6 min ago | 2.83 bp | 14.4 bp −$14 | doesn't fit | 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 | −0.0009% | 8h | 600.60 | long leg | $48K | $29K | 20x | |
| Binance SMHUSDT | 0.0000% | 8h | 601.01 | +0.068% | $742K | $758K | 20x | as long as short |
| Bybit SMHUSDT | 0.0000% | 8h | 600.61 | +0.002% | $267K | $2.4M | 25x | as long as short |
| OKX SMH-USDT-SWAP | 0.0000% | 8h | 601.14 | +0.090% | $507K | $349K | 20x | as long as short |
| QFEX SMH-USD | 0.0000% | 1h | 599.45 | −0.191% | $1.1M | $6.4M | 10x | as long as short |
| Gate SMH_USDT | 0.0000% | 8h | 600.30 | −0.050% | $191K | $24K | 20x | as long as short |
| MEXC SMH_USDT | 0.0000% | 8h | 600.13 | −0.078% | $568K | $130K | 20x | as long as short |
| Bitget SMHUSDT | 0.0000% | 8h | 600.28 | −0.053% | $691K | $109K | 20x | as long as short |
| Vest SMH-USD-PERP | +0.0046% | 1h | 599.49 | −0.185% | — | — | 25x | as long as short |
| HTX SMH-USDT | +0.0100% | 8h | 600.71 | +0.018% | $7K | $46K | 10x | as long as short |
Binance SMHUSDT
Bybit SMHUSDT
OKX SMH-USDT-SWAP
QFEX SMH-USD
Gate SMH_USDT
MEXC SMH_USDT
Bitget SMHUSDT
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:SMHshort | +0.0577% | 1h | 600.62 | +0.003% | $3.3M | $1.9M | 20x |