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 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against HTX+0.533%7-day average +0.289% · 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+0.377%+$38 on $10k
Price spread, last 4 days (all we have)−0.019%−$2 · spread now +0.533%, 7d avg +0.289%
Together, before fees+0.358%+$36 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: Gate is 0.244% dearer against HTX than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of +0.289%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX SMIC-USDT8.25000get 0.0000% / 8h7h 53m$12K$341K20x
ShortGate SMIC_USDT8.29400get 0.0000% / 8h7h 53m$171K$26K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against HTX. 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: +0.533% → +0.289%
$24.39
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$2.61
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: HTX: live order book, 44 min ago; Gate: live order book, 37 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 HTX live order book, 44 min ago38.76 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 37 min ago68.29 bp459.0 bp −$459doesn'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%8h8.2400−0.121%$136K$45K20xas long as short
Gate SMIC_USDTshort0.0000%8h8.2940+0.533%$171K$26K20x
Bitget SMICUSDT0.0000%8h8.1920−0.703%$385K$144K5xas long as short
HTX SMIC-USDTlong0.0000%8h8.2500long leg$12K$341K20x
Lighter SMIC+0.0032%1h8.2211−0.350%$32K$41910xas long as short