Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against QFEX+0.095%46s7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$710.706% of the position
Funding, last 3 days (all we have)0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.038%−$4 · spread now +0.095%, 7d avg +0.030%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.065% dearer against QFEX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.030%. The two prices were read 46 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 | QFEX SMH-USD | 600.58 | 0 | get 0.0000% / 1h | 35m 58s | $1.1M | $6.9M | 10x |
| Short | Bitget SMHUSDT | 601.15 | 0 | get 0.0000% / 8h | 7h 35m | $695K | $118K | 20x |
QFEX SMH-USD
Bitget SMHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against QFEX. 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: +0.095% → +0.030%
- $6.46
- Slippage, 4 orders
- −$48.56
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$64.1
- Costs to cover
- 0.706%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 8 min ago; Bitget: live order book, 34 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 QFEX live order book, 8 min ago | 2.08 bp | 14.8 bp −$15 | 22.6 bp −$226 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 34 min ago | 6.17 bp | 19.0 bp −$19 | 55.7 bp −$557 | 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 | −0.0019% | 8h | 601.95 | +0.228% | $47K | $28K | 20x | as long as short |
| Binance SMHUSDT | 0.0000% | 8h | 601.66 | +0.180% | $741K | $743K | 20x | as long as short |
| Bybit SMHUSDT | 0.0000% | 8h | 601.03 | +0.075% | $262K | $2.2M | 25x | as long as short |
| OKX SMH-USDT-SWAP | 0.0000% | 8h | 602.04 | +0.243% | $508K | $347K | 20x | as long as short |
| QFEX SMH-USDlong | 0.0000% | 1h | 600.58 | long leg | $1.1M | $6.9M | 10x | |
| Gate SMH_USDT | 0.0000% | 8h | 600.80 | +0.037% | $183K | $22K | 20x | as long as short |
| MEXC SMH_USDT | 0.0000% | 8h | 601.26 | +0.113% | $585K | $120K | 20x | as long as short |
| Bitget SMHUSDTshort | 0.0000% | 8h | 601.15 | +0.095% | $695K | $118K | 20x | |
| Vest SMH-USD-PERP | +0.0046% | 1h | 600.60 | +0.003% | — | — | 25x | as long as short |
| HTX SMH-USDT | +0.0100% | 8h | 602.41 | +0.305% | $7K | $45K | 10x | as long as short |
BloFin SMH-USDT
Binance SMHUSDT
Bybit SMHUSDT
OKX SMH-USDT-SWAP
Gate SMH_USDT
MEXC 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 | +0.0266% | 1h | 600.92 | +0.057% | $3.3M | $2.1M | 20x | as long as short |
tradeXYZ xyz:SMH