Funding you earn now, next payment 06:00 UTC−0.0542%/8h= −59.3% APRnext payment −$0.68 per $10,000 · paid last 24h −0.091%
Price spread now: Vest against tradeXYZ−0.124%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
=Together, before fees—+ Points / potential airdroptradeXYZ: Active · Vest: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Vest is 0.124% cheaper against tradeXYZ than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:SMH | 594.53 | 0.0588 | pay 0.0073% / 1h | 7m 35s | $3.2M | $2.0M | 20x |
| Short | Vest SMH-USD-PERP | 593.79 | 0.0046 | get 0.0006% / 1h | 7m 35s | — | — | 25x |
tradeXYZ xyz:SMH
Vest SMH-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against tradeXYZ. 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
- −$113.8
- Price spread: −0.124% → 0.000%
- −$12.45
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$146.25
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 10 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 tradeXYZ live order book, 10 min ago | 3.28 bp | 14.9 bp −$15 | 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 | −0.0031% | 8h | 594.02 | −0.086% | $685K | $81K | 20x | as long as short |
| Binance SMHUSDT | 0.0000% | 8h | 594.91 | +0.063% | $723K | $840K | 20x | as long as short |
| Bybit SMHUSDT | 0.0000% | 8h | 593.59 | −0.158% | $301K | $867K | 25x | as long as short |
| OKX SMH-USDT-SWAP | 0.0000% | 8h | 595.16 | +0.106% | $504K | $353K | 20x | as long as short |
| QFEX SMH-USD | 0.0000% | 1h | 593.76 | −0.130% | $1.1M | $6.3M | 10x | as long as short |
| Gate SMH_USDT | 0.0000% | 8h | 594.20 | −0.056% | $189K | $28K | 20x | as long as short |
| MEXC SMH_USDT | 0.0000% | 8h | 594.47 | −0.010% | $563K | $130K | 20x | as long as short |
| BloFin SMH-USDT | +0.0003% | 8h | 594.52 | −0.002% | $47K | $29K | 20x | as long as short |
| Vest SMH-USD-PERPshort | +0.0046% | 1h | 593.79 | −0.124% | — | — | 25x | |
| HTX SMH-USDT | +0.0100% | 8h | 596.13 | +0.269% | $7K | $46K | 10x | as long as short |
Bitget SMHUSDT
Binance SMHUSDT
Bybit SMHUSDT
OKX SMH-USDT-SWAP
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:SMHlong | +0.0588% | 1h | 594.53 | long leg | $3.2M | $2.0M | 20x |