Funding you earn now, next payment 02:00 UTC+0.0054%/8h= +5.9% APRpaid last 24h +0.016%
Price spread now: HTX against Vest+0.696%46s7-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
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and HTX is 0.696% dearer against Vest than usual: you sell high and buy low: +$70 more if the spread goes back to zero (this spread has no 7-day history yet). 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 | Vest SMH-USD-PERP | 599.10 | 0.0046 | pay 0.0006% / 1h | 35m 29s | — | — | 25x |
| Short | HTX SMH-USDT | 603.27 | 0.0100 | get 0.0100% / 8h | 6h 35m | $7K | $46K | 10x |
Vest SMH-USD-PERP
HTX SMH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $11.41
- Price spread: +0.696% → 0.000%
- $69.6
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $67.01
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; HTX: 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 HTX no order-book sample | — | — | — | — | — |
Vest and HTX: 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 | 600.02 | +0.153% | $743K | $739K | 20x | as long as short |
| Bybit SMHUSDT | 0.0000% | 8h | 599.75 | +0.108% | $265K | $2.4M | 25x | as long as short |
| OKX SMH-USDT-SWAP | 0.0000% | 8h | 600.43 | +0.222% | $504K | $348K | 20x | as long as short |
| QFEX SMH-USD | 0.0000% | 1h | 599.03 | −0.012% | $1.1M | $6.7M | 10x | as long as short |
| Gate SMH_USDT | 0.0000% | 8h | 600.00 | +0.150% | $182K | $21K | 20x | as long as short |
| MEXC SMH_USDT | 0.0000% | 8h | 600.01 | +0.152% | $568K | $130K | 20x | as long as short |
| Bitget SMHUSDT | 0.0000% | 8h | 600.19 | +0.182% | $694K | $119K | 20x | as long as short |
| BloFin SMH-USDT | +0.0016% | 8h | 601.72 | +0.437% | $48K | $30K | 20x | as long as short |
| Vest SMH-USD-PERPlong | +0.0046% | 1h | 599.10 | long leg | — | — | 25x | |
| HTX SMH-USDTshort | +0.0100% | 8h | 603.27 | +0.696% | $7K | $46K | 10x |
Binance SMHUSDT
Bybit SMHUSDT
OKX SMH-USDT-SWAP
QFEX SMH-USD
Gate SMH_USDT
MEXC SMH_USDT
Bitget SMHUSDT
BloFin SMH-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SMH | +0.0507% | 1h | 599.76 | +0.110% | $3.3M | $2.0M | 20x | as long as short |
tradeXYZ xyz:SMH