Settings8H · net · $10k
Funding arb · Price arb /

SMIC

RWAall SMIC markets
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Alert: funding
Alert: spread
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 Bybit+0.049%7-day average +0.219% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.046%−$5 on $10k
Price spread, last 4 days (all we have)−0.055%−$6 · spread now +0.049%, 7d avg +0.219%
Together, before fees−0.101%−$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.171% cheaper against Bybit than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.219%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SMICUSDT8.22000get 0.0000% / 8h1h 14m$136K$47K20x
ShortHTX SMIC-USDT8.22400get 0.0000% / 8h1h 14m$12K$342K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Bybit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.049% → +0.219%
−$17.07
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee HTX: 6 bp × 2 orders
−$12
Net
−$40.07
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 10 min ago; HTX: live order book, 28 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 10 min ago18.19 bp127.1 bp −$127doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 28 min ago106.10 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

SMIC on 5 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SMICUSDTlong0.0000%8h8.2200long leg$136K$47K20x
Gate SMIC_USDT0.0000%8h8.2760+0.681%$171K$26K20xas long as short
Bitget SMICUSDT0.0000%8h8.1750−0.547%$384K$147K5xas long as short
HTX SMIC-USDTshort0.0000%8h8.2240+0.049%$12K$342K20x
Lighter SMIC+0.0032%1h8.2024−0.214%$32K$41910xas long as short