Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: Bitget against MEXC+0.031%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$690.691% of the position
Funding, last 7 days−0.074%−$7 on $10k
+Price spread, last 4 days (all we have)−0.114%−$11 · spread now +0.031%, 7d avg +0.042%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SMH_USDT | 589.42 | 0 | get 0.0000% / 8h | 7h 33m | $558K | $120K | 20x |
| Short | Bitget SMHUSDT | 589.60 | 0 | get 0.0000% / 8h | 7h 33m | $675K | $49K | 20x |
MEXC SMH_USDT
Bitget SMHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: +0.031% → +0.042%
- −$1.13
- Slippage, 4 orders
- −$57.13
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$70.26
- Costs to cover
- 0.691%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 57 min ago; Bitget: live order book, 62 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, 57 min ago | 4.30 bp | 12.3 bp −$12 | 16.9 bp −$169 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 62 min ago | 9.02 bp | 21.1 bp −$21 | 50.5 bp −$505 | 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 | −0.0029% | 8h | 590.07 | +0.110% | $47K | $29K | 20x | as long as short |
| Binance SMHUSDT | 0.0000% | 8h | 589.58 | +0.027% | $708K | $799K | 20x | as long as short |
| Bybit SMHUSDT | 0.0000% | 8h | 589.06 | −0.061% | $297K | $369K | 25x | as long as short |
| QFEX SMH-USD | 0.0000% | 1h | 588.50 | −0.156% | $1.1M | $6.2M | 10x | as long as short |
| Gate SMH_USDT | 0.0000% | 8h | 588.90 | −0.088% | $184K | $21K | 20x | as long as short |
| MEXC SMH_USDTlong | 0.0000% | 8h | 589.42 | long leg | $558K | $120K | 20x | |
| Bitget SMHUSDTshort | 0.0000% | 8h | 589.60 | +0.031% | $675K | $49K | 20x | |
| OKX SMH-USDT-SWAP | +0.0012% | 8h | 589.87 | +0.076% | $497K | $288K | 20x | as long as short |
| Vest SMH-USD-PERP | +0.0046% | 1h | 588.77 | −0.110% | — | — | 25x | as long as short |
| HTX SMH-USDT | +0.0100% | 8h | 590.55 | +0.192% | $7K | $47K | 10x | as long as short |
BloFin SMH-USDT
Binance SMHUSDT
Bybit SMHUSDT
QFEX SMH-USD
Gate SMH_USDT
OKX SMH-USDT-SWAP
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 | +0.0119% | 1h | 588.99 | −0.073% | $3.2M | $2.0M | 20x | as long as short |
tradeXYZ xyz:SMH