data as of
Settings8H · net · $10k
Funding arb /

SMH

RWAall SMH markets
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Funding spread now, next payment 18:00 UTC+0.0103%/8h
paid, last 24h+0.153%paid, last 3 days+0.483%to open and close $10k−$57
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SMHUSDT594.180get 0.0000% / 8h6h 01m$728K$766K20x
ShorttradeXYZ xyz:SMH593.760.0103get 0.0013% / 1h1m 59s$3.4M$1.8M20x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$21.66
Slippage, 4 orders
−$29.18
Fee Binance: 5 bp × 2 orders
−$10
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$35.53
Break-even
18.5 days
Slippage from Binance: live order book, 32 min ago; tradeXYZ: live order book, 7 min ago.

Price risk

price view
Price gap now
−0.071%
Avg gap 7d
−0.076%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 32 min ago5.91 bp17.2 bp −$1771.8 bp −$718doesn't fitdoesn't fit
Sell tradeXYZ live order book, 7 min ago3.03 bp12.4 bp −$12doesn't fitdoesn't fitdoesn't fit

SMH on 11 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Binance SMHUSDTlong0.0000%8h$728K$766K20x
Bybit SMHUSDT0.0000%8h$252K$3.2M25xas long as short
OKX SMH-USDT-SWAP0.0000%8h$439K$243K20xas long as short
QFEX SMH-USD0.0000%1h$1.1M$4.8M10xas long as short
Gate SMH_USDT0.0000%8h$181K$22K20xas long as short
MEXC SMH_USDT0.0000%8h$578K$119K20xas long as short
Bitget SMHUSDT0.0000%8h$691K$128K20xas long as short
BloFin SMH-USDT+0.0012%8h$42K$27K20xas long as short
Vest SMH-USD-PERP+0.0046%1h25xas long as short
HTX SMH-USDT+0.0100%8h$7K$43K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
tradeXYZ xyz:SMHshort+0.0103%1h$3.4M$1.8M20x