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: MEXC against Binance−0.146%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$510.506% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 2 days (all we have)+0.089%+$9 · spread now −0.146%, 7d avg −0.034%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.113% cheaper against Binance than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.034%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SMHUSDT | 601.01 | 0 | get 0.0000% / 8h | 4h 11m | $742K | $758K | 20x |
| Short | MEXC SMH_USDT | 600.13 | 0 | get 0.0000% / 8h | 4h 11m | $568K | $130K | 20x |
Binance SMHUSDT
MEXC SMH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Binance. 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: −0.146% → −0.034%
- −$11.28
- Slippage, 4 orders
- −$40.55
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$61.84
- Costs to cover
- 0.506%
- Break-even
- never at this rate
Slippage from Binance: live order book, 51 min ago; MEXC: live order book, 39 min ago.
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 Binance live order book, 51 min ago | 4.57 bp | 12.8 bp −$13 | 55.3 bp −$553 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 39 min ago | 2.25 bp | 6.9 bp −$7 | 15.3 bp −$153 | doesn't fit | doesn't fit |
SMH on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SMH-USDT | −0.0009% | 8h | 600.60 | −0.068% | $48K | $29K | 20x | as long as short |
| Binance SMHUSDTlong | 0.0000% | 8h | 601.01 | long leg | $742K | $758K | 20x | |
| Bybit SMHUSDT | 0.0000% | 8h | 600.61 | −0.067% | $267K | $2.4M | 25x | as long as short |
| OKX SMH-USDT-SWAP | 0.0000% | 8h | 601.14 | +0.022% | $507K | $349K | 20x | as long as short |
| QFEX SMH-USD | 0.0000% | 1h | 599.45 | −0.260% | $1.1M | $6.4M | 10x | as long as short |
| Gate SMH_USDT | 0.0000% | 8h | 600.30 | −0.118% | $191K | $24K | 20x | as long as short |
| MEXC SMH_USDTshort | 0.0000% | 8h | 600.13 | −0.146% | $568K | $130K | 20x | |
| Bitget SMHUSDT | 0.0000% | 8h | 600.28 | −0.121% | $691K | $109K | 20x | as long as short |
| Vest SMH-USD-PERP | +0.0046% | 1h | 599.49 | −0.253% | — | — | 25x | as long as short |
| HTX SMH-USDT | +0.0100% | 8h | 600.71 | −0.050% | $7K | $46K | 10x | as long as short |
BloFin SMH-USDT
Bybit SMHUSDT
OKX SMH-USDT-SWAP
QFEX SMH-USD
Gate SMH_USDT
Bitget SMHUSDT
Vest SMH-USD-PERP
HTX SMH-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SMH | +0.0577% | 1h | 600.62 | −0.065% | $3.3M | $1.9M | 20x | as long as short |
tradeXYZ xyz:SMH