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 09:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter against HTX−0.437%7-day average · 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+0.067%+$7 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding pays, the price is against you. Lighter is 0.437% cheaper against HTX than usual: you would sell low and buy high (spread −0.437% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$44 on $10k: about 46 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX SMIC-USDT8.26000get 0.0000% / 8h7h 44m$12K$341K20x
ShortLighter SMIC8.22390.0032get 0.0004% / 1h44m 07s$32K$41910x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
$6.72
Price spread: −0.437% → 0.000%
−$43.7
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$48.98
Costs to cover
0.120%
Break-even
58.0 days
Slippage unknown: HTX: live order book, 53 min ago; Lighter: no order-book sample. 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, 53 min ago38.76 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Lighter no order-book sample
Lighter: 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.

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%8h8.26000.000%$136K$45K20xas long as short
Gate SMIC_USDT0.0000%8h8.3070+0.569%$172K$26K20xas long as short
Bitget SMICUSDT0.0000%8h8.1920−0.823%$385K$144K5xas long as short
HTX SMIC-USDTlong0.0000%8h8.2600long leg$12K$341K20x
Lighter SMICshort+0.0032%1h8.2239−0.437%$32K$41910x