Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.014%
Price spread now: Vest against OKX−0.105%48s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Vest is 0.105% cheaper against OKX than usual: you would sell low and buy high, −$10 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SMH-USDT-SWAP | 592.84 | 0.0046 | pay 0.0046% / 8h | 57m 42s | $500K | $355K | 20x |
| Short | Vest SMH-USD-PERP | 592.22 | 0.0046 | get 0.0006% / 1h | 57m 42s | — | — | 25x |
OKX SMH-USDT-SWAP
Vest SMH-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against OKX. 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: −0.105% → 0.000%
- −$10.46
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$22.46
- Costs to cover
- 0.120%
- Break-even
- 120200.1 days
Slippage unknown: OKX: live order book, 43 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 OKX live order book, 43 min ago | 2.19 bp | 13.6 bp −$14 | doesn't fit | 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 | −0.0025% | 8h | 592.68 | −0.027% | $684K | $79K | 20x | as long as short |
| Binance SMHUSDT | 0.0000% | 8h | 592.82 | −0.003% | $725K | $798K | 20x | as long as short |
| Bybit SMHUSDT | 0.0000% | 8h | 592.50 | −0.057% | $299K | $410K | 25x | as long as short |
| QFEX SMH-USD | 0.0000% | 1h | 592.13 | −0.120% | $1.1M | $6.3M | 10x | as long as short |
| Gate SMH_USDT | 0.0000% | 8h | 592.30 | −0.091% | $185K | $30K | 20x | as long as short |
| MEXC SMH_USDT | 0.0000% | 8h | 593.08 | +0.040% | $561K | $127K | 20x | as long as short |
| BloFin SMH-USDT | +0.0005% | 8h | 593.40 | +0.094% | $48K | $29K | 20x | as long as short |
| OKX SMH-USDT-SWAPlong | +0.0046% | 8h | 592.84 | long leg | $500K | $355K | 20x | |
| Vest SMH-USD-PERPshort | +0.0046% | 1h | 592.22 | −0.105% | — | — | 25x | |
| HTX SMH-USDT | +0.0100% | 8h | 592.67 | −0.029% | $7K | $46K | 10x | as long as short |
Bitget SMHUSDT
Binance SMHUSDT
Bybit SMHUSDT
QFEX SMH-USD
Gate SMH_USDT
MEXC 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 | +0.0586% | 1h | 592.84 | 0.000% | $3.2M | $2.0M | 20x | as long as short |
tradeXYZ xyz:SMH