Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Bitget+0.875%46s7-day average +0.549% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.088%−$9 on $10k
+Price spread, last 4 days (all we have)−0.547%−$55 · spread now +0.875%, 7d avg +0.549%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.326% dearer against Bitget than usual: you sell high and buy low, +$33 on $10k if it goes back to its 7-day average of +0.549%. 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 | Bitget SMICUSDT | 8.3450 | 0 | get 0.0000% / 8h | 3h 47m | $403K | $154K | 5x |
| Short | HTX SMIC-USDT | 8.4180 | 0 | get 0.0000% / 8h | 3h 47m | $13K | $341K | 20x |
Bitget SMICUSDT
HTX SMIC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Bitget. 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
- $0
- Price spread: +0.875% → +0.549%
- $32.57
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $8.57
- Costs to cover
- 0.240%
- Break-even
- from the start
Slippage unknown: Bitget: live order book, 63 min ago; HTX: live order book, 5 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 Bitget live order book, 63 min ago | 7.77 bp | 34.7 bp −$35 | 39.4 bp −$394 | 167.3 bp −$16.7K | doesn't fit |
| Sell HTX live order book, 5 min ago | 44.04 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
SMIC on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SMICUSDT | 0.0000% | 8h | 8.4000 | +0.659% | $136K | $59K | 20x | as long as short |
| Bitget SMICUSDTlong | 0.0000% | 8h | 8.3450 | long leg | $403K | $154K | 5x | |
| HTX SMIC-USDTshort | 0.0000% | 8h | 8.4180 | +0.875% | $13K | $341K | 20x | |
| Lighter SMIC | +0.0032% | 1h | 8.3842 | +0.470% | $33K | $5K | 10x | as long as short |
| Gate SMIC_USDT | +0.0071% | 8h | 8.4430 | +1.174% | $175K | $26K | 20x | as long as short |
Bybit SMICUSDT
Lighter SMIC
Gate SMIC_USDT