Funding you earn now, next payment 03:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.003%
Price spread now: MEXC against Vest+0.090%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. MEXC is 0.090% dearer against Vest than usual: you sell high and buy low (spread +0.090% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest SMH-USD-PERP | 600.39 | 0.0046 | pay 0.0006% / 1h | 1m 26s | — | — | 25x |
| Short | MEXC SMH_USDT | 600.93 | 0 | get 0.0000% / 8h | 5h 01m | $569K | $130K | 20x |
Vest SMH-USD-PERP
MEXC SMH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$9.59
- Price spread: +0.090% → 0.000%
- $8.99
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$2.6
- Costs to cover
- 0.020%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; MEXC: live order book, 53 min ago. 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 MEXC live order book, 53 min ago | 6.50 bp | 11.0 bp −$11 | 16.5 bp −$165 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SMH-USDT | −0.0027% | 8h | 600.98 | +0.098% | $48K | $29K | 20x | as long as short |
| Binance SMHUSDT | 0.0000% | 8h | 601.20 | +0.135% | $725K | $741K | 20x | as long as short |
| Bybit SMHUSDT | 0.0000% | 8h | 600.78 | +0.065% | $266K | $2.4M | 25x | as long as short |
| OKX SMH-USDT-SWAP | 0.0000% | 8h | 601.10 | +0.118% | $506K | $349K | 20x | as long as short |
| QFEX SMH-USD | 0.0000% | 1h | 600.31 | −0.013% | $1.1M | $6.4M | 10x | as long as short |
| Gate SMH_USDT | 0.0000% | 8h | 600.50 | +0.018% | $182K | $21K | 20x | as long as short |
| MEXC SMH_USDTshort | 0.0000% | 8h | 600.93 | +0.090% | $569K | $130K | 20x | |
| Bitget SMHUSDT | 0.0000% | 8h | 600.60 | +0.035% | $692K | $110K | 20x | as long as short |
| Vest SMH-USD-PERPlong | +0.0046% | 1h | 600.39 | long leg | — | — | 25x | |
| HTX SMH-USDT | +0.0100% | 8h | 601.39 | +0.167% | $7K | $46K | 10x | as long as short |
BloFin SMH-USDT
Binance SMHUSDT
Bybit SMHUSDT
OKX SMH-USDT-SWAP
QFEX SMH-USD
Gate 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 | +0.0374% | 1h | 600.67 | +0.047% | $3.3M | $1.9M | 20x | as long as short |
tradeXYZ xyz:SMH