Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.020%
Price spread now: HTX against MEXC−0.034%7-day average — · you buy dearer than you sell
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
Funding pays, the price is against you. HTX is 0.034% cheaper against MEXC than usual: you would sell low and buy high (spread −0.034% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 27 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SMH_USDT | 592.71 | 0 | get 0.0000% / 8h | 6h 56m | $561K | $112K | 20x |
| Short | HTX SMH-USDT | 592.51 | 0.0100 | get 0.0100% / 8h | 6h 56m | $7K | $47K | 10x |
MEXC SMH_USDT
HTX SMH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $21
- Price spread: −0.034% → 0.000%
- −$3.37
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $5.63
- Costs to cover
- 0.120%
- Break-even
- 5.1 days
Slippage unknown: MEXC: live order book, 23 min ago; HTX: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 23 min ago | 5.34 bp | 12.2 bp −$12 | 101.7 bp −$1,017 | doesn't fit | doesn't fit |
| Sell HTX no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SMH-USDT | −0.0012% | 8h | 592.43 | −0.047% | $47K | $30K | 20x | as long as short |
| QFEX SMH-USD | 0.0000% | 1h | 592.12 | −0.100% | $1.1M | $6.2M | 10x | as long as short |
| Binance SMHUSDT | 0.0000% | 8h | 593.05 | +0.057% | $707K | $791K | 20x | as long as short |
| Bybit SMHUSDT | 0.0000% | 8h | 592.90 | +0.032% | $299K | $367K | 25x | as long as short |
| OKX SMH-USDT-SWAP | 0.0000% | 8h | 592.54 | −0.029% | $499K | $288K | 20x | as long as short |
| Gate SMH_USDT | 0.0000% | 8h | 592.00 | −0.120% | $185K | $18K | 20x | as long as short |
| MEXC SMH_USDTlong | 0.0000% | 8h | 592.71 | long leg | $561K | $112K | 20x | |
| Bitget SMHUSDT | 0.0000% | 8h | 592.68 | −0.005% | $683K | $49K | 20x | as long as short |
| Vest SMH-USD-PERP | +0.0046% | 1h | 591.99 | −0.121% | — | — | 25x | as long as short |
| HTX SMH-USDTshort | +0.0100% | 8h | 592.51 | −0.034% | $7K | $47K | 10x |
BloFin SMH-USDT
QFEX SMH-USD
Binance SMHUSDT
Bybit SMHUSDT
OKX SMH-USDT-SWAP
Gate SMH_USDT
Bitget SMHUSDT
Vest SMH-USD-PERPShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SMH | +0.0343% | 1h | 592.75 | +0.007% | $3.2M | $1.9M | 20x | as long as short |
tradeXYZ xyz:SMH