Settings8H · net · $10k
Funding arb · Price arb /

SMH

RWAall SMH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h −0.016%
Price spread now: Vest against HTX+0.063%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
The price spread pays, funding is against you. Vest is 0.063% dearer against HTX than usual: you sell high and buy low (spread +0.063% 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 3.8 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX SMH-USDT591.120.0100pay 0.0100% / 8h50m 53s$7K$46K10x
ShortVest SMH-USD-PERP591.490.0046get 0.0006% / 1h50m 53s25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against HTX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$11.41
Price spread: +0.063% → 0.000%
$6.26
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Vest: 1 bp × 2 orders
−$2
Net
−$19.15
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: HTX: no order-book sample; Vest: 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
LegHalf-spread$10k$100k$1M$5M
Buy HTX no order-book sample
Sell Vest no order-book sample
HTX and Vest: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SMHUSDT−0.0017%8h592.68+0.264%$684K$78K20xas long as short
Binance SMHUSDT0.0000%8h592.10+0.166%$724K$796K20xas long as short
Bybit SMHUSDT0.0000%8h592.20+0.183%$299K$410K25xas long as short
QFEX SMH-USD0.0000%1h591.55+0.073%$1.1M$6.2M10xas long as short
Gate SMH_USDT0.0000%8h592.00+0.149%$185K$30K20xas long as short
MEXC SMH_USDT0.0000%8h592.66+0.261%$561K$127K20xas long as short
BloFin SMH-USDT+0.0009%8h592.49+0.232%$47K$29K20xas long as short
Vest SMH-USD-PERPshort+0.0046%1h591.49+0.063%25x
OKX SMH-USDT-SWAP+0.0048%8h592.95+0.310%$500K$355K20xas long as short
HTX SMH-USDTlong+0.0100%8h591.12long leg$7K$46K10x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:SMH+0.0583%1h592.24+0.189%$3.2M$2.0M20xas long as short