Funding you earn now, next payment 08:00 UTC−0.0084%/8h= −9.2% APRnext payment −$0.84 per $10,000 · paid last 24h −0.023%
Price spread now: BloFin against HTX−0.038%479s7-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
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and BloFin is 0.038% cheaper against HTX than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 479 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX SMH-USDT | 601.95 | 0.0100 | pay 0.0100% / 8h | 6h 40m | $7K | $46K | 10x |
| Short | BloFin SMH-USDT | 601.72 | 0.0016 | get 0.0016% / 8h | 6h 40m | $48K | $30K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against HTX. 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
- −$17.67
- Price spread: −0.038% → 0.000%
- −$3.82
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$45.49
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: HTX: no order-book sample; BloFin: no order-book sample. 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 HTX no order-book sample | — | — | — | — | — |
| Sell BloFin no order-book sample | — | — | — | — | — |
HTX and 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SMHUSDT | 0.0000% | 8h | 601.16 | −0.132% | $744K | $752K | 20x | as long as short |
| Bybit SMHUSDT | 0.0000% | 8h | 600.60 | −0.224% | $265K | $2.4M | 25x | as long as short |
| OKX SMH-USDT-SWAP | 0.0000% | 8h | 600.93 | −0.169% | $506K | $347K | 20x | as long as short |
| QFEX SMH-USD | 0.0000% | 1h | 599.80 | −0.357% | $1.1M | $6.7M | 10x | as long as short |
| Gate SMH_USDT | 0.0000% | 8h | 600.60 | −0.224% | $182K | $21K | 20x | as long as short |
| MEXC SMH_USDT | 0.0000% | 8h | 600.78 | −0.194% | $569K | $129K | 20x | as long as short |
| Bitget SMHUSDT | 0.0000% | 8h | 600.71 | −0.206% | $695K | $119K | 20x | as long as short |
| BloFin SMH-USDTshort | +0.0016% | 8h | 601.72 | −0.038% | $48K | $30K | 20x | |
| Vest SMH-USD-PERP | +0.0046% | 1h | 599.86 | −0.347% | — | — | 25x | as long as short |
| HTX SMH-USDTlong | +0.0100% | 8h | 601.95 | long leg | $7K | $46K | 10x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SMH | +0.0483% | 1h | 600.76 | −0.198% | $3.3M | $1.9M | 20x | as long as short |
HTX SMH-USDT
BloFin SMH-USDT
Binance SMHUSDT
Bybit SMHUSDT
OKX SMH-USDT-SWAP
Gate SMH_USDT
MEXC SMH_USDT
Bitget SMHUSDT
tradeXYZ xyz:SMH