Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC+0.039%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$610.606% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 2 days (all we have)−0.025%−$2 · spread now +0.039%, 7d avg +0.035%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SMH_USDT | 592.25 | 0 | get 0.0000% / 8h | 13m 14s | $561K | $129K | 20x |
| Short | Binance SMHUSDT | 592.48 | 0 | get 0.0000% / 8h | 13m 14s | $720K | $811K | 20x |
MEXC SMH_USDT
Binance SMHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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: +0.039% → +0.035%
- $0.39
- Slippage, 4 orders
- −$50.64
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$60.25
- Costs to cover
- 0.606%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 17 min ago; Binance: live order book, 64 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 MEXC live order book, 17 min ago | 4.30 bp | 12.3 bp −$12 | 16.9 bp −$169 | doesn't fit | doesn't fit |
| Sell Binance live order book, 64 min ago | 4.30 bp | 18.5 bp −$19 | 69.1 bp −$691 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SMH-USDT | −0.0024% | 8h | 592.23 | −0.003% | $47K | $29K | 20x | as long as short |
| Binance SMHUSDTshort | 0.0000% | 8h | 592.48 | +0.039% | $720K | $811K | 20x | |
| Bybit SMHUSDT | 0.0000% | 8h | 592.12 | −0.022% | $299K | $391K | 25x | as long as short |
| QFEX SMH-USD | 0.0000% | 1h | 592.29 | +0.007% | $1.1M | $6.2M | 10x | as long as short |
| Gate SMH_USDT | 0.0000% | 8h | 591.90 | −0.059% | $185K | $30K | 20x | as long as short |
| MEXC SMH_USDTlong | 0.0000% | 8h | 592.25 | long leg | $561K | $129K | 20x | |
| Bitget SMHUSDT | 0.0000% | 8h | 592.62 | +0.062% | $679K | $48K | 20x | as long as short |
| Vest SMH-USD-PERP | +0.0046% | 1h | 592.23 | −0.003% | — | — | 25x | as long as short |
| OKX SMH-USDT-SWAP | +0.0073% | 8h | 592.29 | +0.007% | $499K | $356K | 20x | as long as short |
| HTX SMH-USDT | +0.0100% | 8h | 594.81 | +0.432% | $7K | $47K | 10x | as long as short |
BloFin SMH-USDT
Bybit SMHUSDT
QFEX SMH-USD
Gate SMH_USDT
Bitget SMHUSDT
Vest SMH-USD-PERP
OKX SMH-USDT-SWAP
HTX SMH-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SMH | +0.0549% | 1h | 592.30 | +0.008% | $3.2M | $2.0M | 20x | as long as short |
tradeXYZ xyz:SMH