Funding you earn now, next payment 06:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.003%
Price spread now: Vest against MEXC−0.133%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Vest is 0.133% cheaper against MEXC than usual: you would sell low and buy high (spread −0.133% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 9.7 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SMH_USDT | 592.47 | 0 | get 0.0000% / 8h | 2h 25m | $561K | $129K | 20x |
| Short | Vest SMH-USD-PERP | 591.68 | 0.0046 | get 0.0006% / 1h | 25m 16s | — | — | 25x |
MEXC SMH_USDT
Vest SMH-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- $9.59
- Price spread: −0.133% → 0.000%
- −$13.33
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$5.74
- Costs to cover
- 0.020%
- Break-even
- 11.2 days
Slippage unknown: MEXC: live order book, 15 min ago; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 15 min ago | 0.42 bp | 9.4 bp −$9 | 17.1 bp −$171 | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SMHUSDT | −0.0024% | 8h | 593.05 | +0.098% | $684K | $110K | 20x | as long as short |
| Binance SMHUSDT | 0.0000% | 8h | 592.29 | −0.030% | $719K | $834K | 20x | as long as short |
| Bybit SMHUSDT | 0.0000% | 8h | 591.92 | −0.093% | $300K | $1.1M | 25x | as long as short |
| OKX SMH-USDT-SWAP | 0.0000% | 8h | 592.45 | −0.003% | $502K | $348K | 20x | as long as short |
| QFEX SMH-USD | 0.0000% | 1h | 591.67 | −0.135% | $1.1M | $6.3M | 10x | as long as short |
| Gate SMH_USDT | 0.0000% | 8h | 592.50 | +0.005% | $188K | $28K | 20x | as long as short |
| MEXC SMH_USDTlong | 0.0000% | 8h | 592.47 | long leg | $561K | $129K | 20x | |
| BloFin SMH-USDT | +0.0004% | 8h | 592.71 | +0.041% | $47K | $29K | 20x | as long as short |
| Vest SMH-USD-PERPshort | +0.0046% | 1h | 591.68 | −0.133% | — | — | 25x | |
| HTX SMH-USDT | +0.0100% | 8h | 593.04 | +0.096% | $7K | $46K | 10x | as long as short |
Bitget SMHUSDT
Binance SMHUSDT
Bybit SMHUSDT
OKX SMH-USDT-SWAP
QFEX SMH-USD
Gate SMH_USDT
BloFin SMH-USDT
HTX SMH-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SMH | +0.0601% | 1h | 592.67 | +0.034% | $3.2M | $2.0M | 20x | as long as short |
tradeXYZ xyz:SMH