Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.011%
Price spread now: Gate against MEXC−0.035%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$204as in the Funding arb table
Net, price: spread back to 7d avg − costs−$192as in the Price arb table
costs, in and out, $10k−$1951.951% of the position
Funding, last 7 days−0.087%−$9 on $10k
+Price spread, last 4 days (all we have)+0.038%+$4 · spread now −0.035%, 7d avg −0.067%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.032% dearer against MEXC than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.067%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SMH_USDT | 600.81 | 0 | get 0.0000% / 8h | 6h 42m | $569K | $129K | 20x |
| Short | Gate SMH_USDT | 600.60 | 0 | get 0.0000% / 8h | 6h 42m | $182K | $21K | 20x |
MEXC SMH_USDT
Gate SMH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.035% → −0.067%
- $3.2
- Slippage, 4 orders
- −$180.05
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$191.85
- Costs to cover
- 1.951%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 18 min ago; Gate: live order book, 19 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, 18 min ago | 9.55 bp | 14.0 bp −$14 | 22.3 bp −$223 | doesn't fit | doesn't fit |
| Sell Gate live order book, 19 min ago | 10.80 bp | 64.0 bp −$64 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SMHUSDT | 0.0000% | 8h | 601.27 | +0.076% | $744K | $752K | 20x | as long as short |
| Bybit SMHUSDT | 0.0000% | 8h | 600.77 | −0.007% | $265K | $2.4M | 25x | as long as short |
| OKX SMH-USDT-SWAP | 0.0000% | 8h | 600.82 | +0.002% | $506K | $347K | 20x | as long as short |
| QFEX SMH-USD | 0.0000% | 1h | 599.67 | −0.190% | $1.1M | $6.7M | 10x | as long as short |
| Gate SMH_USDTshort | 0.0000% | 8h | 600.60 | −0.035% | $182K | $21K | 20x | |
| MEXC SMH_USDTlong | 0.0000% | 8h | 600.81 | long leg | $569K | $129K | 20x | |
| Bitget SMHUSDT | 0.0000% | 8h | 600.75 | −0.010% | $695K | $119K | 20x | as long as short |
| BloFin SMH-USDT | +0.0016% | 8h | 601.72 | +0.151% | $48K | $30K | 20x | as long as short |
| Vest SMH-USD-PERP | +0.0046% | 1h | 599.80 | −0.168% | — | — | 25x | as long as short |
| HTX SMH-USDT | +0.0100% | 8h | 601.95 | +0.190% | $7K | $46K | 10x | as long as short |
Binance SMHUSDT
Bybit SMHUSDT
OKX SMH-USDT-SWAP
QFEX SMH-USD
Bitget SMHUSDT
BloFin SMH-USDT
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 | +0.0477% | 1h | 600.87 | +0.010% | $3.3M | $1.9M | 20x | as long as short |
tradeXYZ xyz:SMH