Funding you earn now, next payment 08:00 UTC−0.0057%/8h= −6.3% APRnext payment −$0.57 per $10,000 · paid last 24h −0.030%
Price spread now: OKX against HTX+0.064%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
=Together, before fees—needs both histories
The price spread pays, funding is against you. OKX is 0.064% dearer against HTX than usual: you sell high and buy low (spread +0.064% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX SMH-USDT | 592.62 | 0.0100 | pay 0.0100% / 8h | 1h 00m | $7K | $46K | 10x |
| Short | OKX SMH-USDT-SWAP | 593.00 | 0.0043 | get 0.0043% / 8h | 1h 00m | $500K | $355K | 20x |
HTX SMH-USDT
OKX SMH-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$12.01
- Price spread: +0.064% → 0.000%
- $6.41
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$27.59
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: HTX: no order-book sample; OKX: live order book, 41 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 HTX no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 41 min ago | 2.19 bp | 56.8 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
HTX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SMHUSDT | −0.0029% | 8h | 592.78 | +0.027% | $684K | $80K | 20x | as long as short |
| Binance SMHUSDT | 0.0000% | 8h | 593.14 | +0.087% | $725K | $798K | 20x | as long as short |
| Bybit SMHUSDT | 0.0000% | 8h | 592.56 | −0.010% | $299K | $411K | 25x | as long as short |
| Gate SMH_USDT | 0.0000% | 8h | 592.30 | −0.054% | $185K | $30K | 20x | as long as short |
| MEXC SMH_USDT | 0.0000% | 8h | 593.00 | +0.064% | $561K | $131K | 20x | as long as short |
| QFEX SMH-USD | 0.0000% | 1h | 592.28 | −0.057% | $1.1M | $6.3M | 10x | as long as short |
| BloFin SMH-USDT | +0.0009% | 8h | 593.44 | +0.138% | $48K | $29K | 20x | as long as short |
| OKX SMH-USDT-SWAPshort | +0.0043% | 8h | 593.00 | +0.064% | $500K | $355K | 20x | |
| Vest SMH-USD-PERP | +0.0046% | 1h | 592.32 | −0.051% | — | — | 25x | as long as short |
| HTX SMH-USDTlong | +0.0100% | 8h | 592.62 | long leg | $7K | $46K | 10x |
Bitget SMHUSDT
Binance SMHUSDT
Bybit SMHUSDT
Gate SMH_USDT
MEXC SMH_USDT
QFEX SMH-USD
BloFin SMH-USDT
Vest SMH-USD-PERPShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SMH | +0.0497% | 1h | 592.93 | +0.052% | $3.2M | $2.0M | 20x | as long as short |
tradeXYZ xyz:SMH