Funding you earn now, next payment 00:00 UTC−0.0042%/8h= −4.6% APRpaid last 24h −0.007%
Price spread now: BloFin against Vest+0.058%7-day average — · you sell dearer than you buy
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
=The price spread pays, funding is against you. BloFin is 0.058% dearer against Vest than usual: you sell high and buy low (spread +0.058% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest SMH-USD-PERP | 598.79 | 0.0046 | pay 0.0006% / 1h | 14m 45s | — | — | 25x |
| Short | BloFin SMH-USDT | 599.14 | 0.0003 | get 0.0003% / 8h | 14m 45s | $40K | $28K | 20x |
Vest SMH-USD-PERP
BloFin SMH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Vest. 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
- −$8.87
- Price spread: +0.058% → 0.000%
- $5.85
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$17.02
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; BloFin: 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 Vest no order-book sample | — | — | — | — | — |
| Sell BloFin no order-book sample | — | — | — | — | — |
Vest and BloFin: 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SMHUSDT | 0.0000% | 8h | 599.40 | +0.102% | $736K | $747K | 20x | as long as short |
| Bybit SMHUSDT | 0.0000% | 8h | 598.67 | −0.020% | $260K | $2.2M | 25x | as long as short |
| OKX SMH-USDT-SWAP | 0.0000% | 8h | 598.84 | +0.008% | $430K | $264K | 20x | as long as short |
| QFEX SMH-USD | 0.0000% | 1h | 598.67 | −0.020% | $1.1M | $6.9M | 10x | as long as short |
| Gate SMH_USDT | 0.0000% | 8h | 598.40 | −0.065% | $182K | $22K | 20x | as long as short |
| MEXC SMH_USDT | 0.0000% | 8h | 599.21 | +0.070% | $583K | $122K | 20x | as long as short |
| Bitget SMHUSDT | 0.0000% | 8h | 598.63 | −0.027% | $696K | $115K | 20x | as long as short |
| BloFin SMH-USDTshort | +0.0003% | 8h | 599.14 | +0.058% | $40K | $28K | 20x | |
| Vest SMH-USD-PERPlong | +0.0046% | 1h | 598.79 | long leg | — | — | 25x | |
| HTX SMH-USDT | +0.0100% | 8h | 598.42 | −0.062% | $7K | $45K | 10x | as long as short |
Binance SMHUSDT
Bybit SMHUSDT
OKX SMH-USDT-SWAP
QFEX SMH-USD
Gate SMH_USDT
MEXC SMH_USDT
Bitget SMHUSDT
HTX SMH-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SMH | +0.0182% | 1h | 599.09 | +0.050% | $3.3M | $2.1M | 20x | as long as short |
tradeXYZ xyz:SMH