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 Gate−0.770%7-day average −0.289% · you buy dearer than you sell
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−0.377%−$38 on $10k
Price spread, last 4 days (all we have)+0.256%+$26 · spread now −0.770%, 7d avg −0.289%
Together, before fees−0.121%−$12 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 0.481% cheaper against Gate than usual: you would sell low and buy high, −$48 on $10k if it goes back to its 7-day average of −0.289%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SMIC_USDT8.31100get 0.0000% / 8h37m 28s$172K$26K20x
ShortHTX SMIC-USDT8.24700get 0.0000% / 8h37m 28s$12K$343K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Gate. 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: −0.770% → −0.289%
−$48.06
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee HTX: 6 bp × 2 orders
−$12
Net
−$75.06
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 58 min ago; HTX: live order book, 65 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 Gate live order book, 58 min ago67.18 bp317.8 bp −$318doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 65 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 SMICUSDT0.0000%8h8.2400−0.854%$137K$44K20xas long as short
Gate SMIC_USDTlong0.0000%8h8.3110long leg$172K$26K20x
Bitget SMICUSDT0.0000%8h8.2140−1.167%$386K$145K5xas long as short
HTX SMIC-USDTshort0.0000%8h8.2470−0.770%$12K$343K20x
Lighter SMIC+0.0032%1h8.2545−0.680%$32K$41910xas long as short