Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%
Price spread now: MEXC against Gate+0.062%7-day average +0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$920.920% of the position
Funding, last 7 days+0.086%+$9 on $10k
+Price spread, last 4 days (all we have)−0.073%−$7 · spread now +0.062%, 7d avg +0.067%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SMH_USDT | 597.80 | 0 | get 0.0000% / 8h | 3h 48m | $190K | $24K | 20x |
| Short | MEXC SMH_USDT | 598.17 | 0 | get 0.0000% / 8h | 3h 48m | $566K | $128K | 20x |
Gate SMH_USDT
MEXC SMH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Gate. 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: +0.062% → +0.067%
- −$0.55
- Slippage, 4 orders
- −$76.98
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$92.53
- Costs to cover
- 0.920%
- Break-even
- never at this rate
Slippage from Gate: live order book, 63 min ago; MEXC: live order book, 61 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 Gate live order book, 63 min ago | 10.83 bp | 24.0 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 61 min ago | 2.25 bp | 6.9 bp −$7 | 15.3 bp −$153 | 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 | 598.33 | +0.089% | $751K | $766K | 20x | as long as short |
| Bybit SMHUSDT | 0.0000% | 8h | 597.65 | −0.025% | $265K | $2.4M | 25x | as long as short |
| OKX SMH-USDT-SWAP | 0.0000% | 8h | 598.37 | +0.095% | $505K | $347K | 20x | as long as short |
| QFEX SMH-USD | 0.0000% | 1h | 597.16 | −0.107% | $1.1M | $6.4M | 10x | as long as short |
| Gate SMH_USDTlong | 0.0000% | 8h | 597.80 | long leg | $190K | $24K | 20x | |
| MEXC SMH_USDTshort | 0.0000% | 8h | 598.17 | +0.062% | $566K | $128K | 20x | |
| Bitget SMHUSDT | 0.0000% | 8h | 598.40 | +0.100% | $689K | $109K | 20x | as long as short |
| BloFin SMH-USDT | +0.0005% | 8h | 599.51 | +0.286% | $48K | $29K | 20x | as long as short |
| Vest SMH-USD-PERP | +0.0046% | 1h | 597.27 | −0.089% | — | — | 25x | as long as short |
| HTX SMH-USDT | +0.0100% | 8h | 599.35 | +0.259% | $7K | $46K | 10x | as long as short |
Binance SMHUSDT
Bybit SMHUSDT
OKX SMH-USDT-SWAP
QFEX SMH-USD
Bitget SMHUSDT
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 | +0.0317% | 1h | 597.37 | −0.072% | $3.3M | $1.9M | 20x | as long as short |
tradeXYZ xyz:SMH