Funding you earn now, next payment 04:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.06 per $10,000 · paid last 24h −0.014%
Price spread now: QFEX against Vest−0.010%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
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest SMH-USD-PERP | 599.50 | 0.0046 | pay 0.0006% / 1h | 13m 00s | — | — | 25x |
| Short | QFEX SMH-USD | 599.44 | 0 | get 0.0000% / 1h | 13m 00s | $1.1M | $6.4M | 10x |
Vest SMH-USD-PERP
QFEX SMH-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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: −0.010% → 0.000%
- −$1
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$22.59
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; QFEX: live order book, 6 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 QFEX live order book, 6 min ago | 1.42 bp | 10.9 bp −$11 | 18.1 bp −$181 | 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 | −0.0009% | 8h | 601.01 | +0.252% | $48K | $29K | 20x | as long as short |
| Binance SMHUSDT | 0.0000% | 8h | 601.16 | +0.278% | $730K | $756K | 20x | as long as short |
| Bybit SMHUSDT | 0.0000% | 8h | 600.53 | +0.172% | $267K | $2.4M | 25x | as long as short |
| OKX SMH-USDT-SWAP | 0.0000% | 8h | 601.14 | +0.274% | $507K | $349K | 20x | as long as short |
| QFEX SMH-USDshort | 0.0000% | 1h | 599.44 | −0.010% | $1.1M | $6.4M | 10x | |
| Gate SMH_USDT | 0.0000% | 8h | 600.30 | +0.133% | $191K | $24K | 20x | as long as short |
| MEXC SMH_USDT | 0.0000% | 8h | 600.21 | +0.118% | $568K | $130K | 20x | as long as short |
| Bitget SMHUSDT | 0.0000% | 8h | 600.29 | +0.132% | $691K | $109K | 20x | as long as short |
| Vest SMH-USD-PERPlong | +0.0046% | 1h | 599.50 | long leg | — | — | 25x | |
| HTX SMH-USDT | +0.0100% | 8h | 601.47 | +0.329% | $7K | $46K | 10x | as long as short |
BloFin SMH-USDT
Binance SMHUSDT
Bybit SMHUSDT
OKX SMH-USDT-SWAP
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 | +0.0568% | 1h | 600.75 | +0.209% | $3.3M | $1.9M | 20x | as long as short |
tradeXYZ xyz:SMH