Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget−0.060%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1271.271% of the position
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 4 days (all we have)+0.184%+$18 · spread now −0.060%, 7d avg −0.060%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SMHUSDT | 596.03 | 0 | get 0.0000% / 8h | 3h 30m | $693K | $130K | 20x |
| Short | Bybit SMHUSDT | 595.67 | 0 | get 0.0000% / 8h | 3h 30m | $251K | $2.2M | 25x |
Bitget SMHUSDT
Bybit SMHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bitget. 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: −0.060% → −0.060%
- −$0.02
- Slippage, 4 orders
- −$104.14
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$127.17
- Costs to cover
- 1.271%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 15 min ago; Bybit: live order book, 2 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 Bitget live order book, 15 min ago | 7.29 bp | 14.7 bp −$15 | 67.9 bp −$679 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 4.78 bp | 36.1 bp −$36 | 169.1 bp −$1,691 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SMHUSDT | 0.0000% | 8h | 596.12 | +0.015% | $736K | $814K | 20x | as long as short |
| Bybit SMHUSDTshort | 0.0000% | 8h | 595.67 | −0.060% | $251K | $2.2M | 25x | |
| OKX SMH-USDT-SWAP | 0.0000% | 8h | 596.20 | +0.029% | $430K | $266K | 20x | as long as short |
| QFEX SMH-USD | 0.0000% | 1h | 595.72 | −0.052% | $1.1M | $5.6M | 10x | as long as short |
| Gate SMH_USDT | 0.0000% | 8h | 595.70 | −0.055% | $181K | $22K | 20x | as long as short |
| MEXC SMH_USDT | 0.0000% | 8h | 595.83 | −0.034% | $580K | $121K | 20x | as long as short |
| Bitget SMHUSDTlong | 0.0000% | 8h | 596.03 | long leg | $693K | $130K | 20x | |
| BloFin SMH-USDT | +0.0025% | 8h | 596.34 | +0.052% | $40K | $28K | 20x | as long as short |
| Vest SMH-USD-PERP | +0.0046% | 1h | 595.71 | −0.054% | — | — | 25x | as long as short |
| HTX SMH-USDT | +0.0100% | 8h | 597.53 | +0.252% | $7K | $44K | 10x | as long as short |
Binance SMHUSDT
OKX SMH-USDT-SWAP
QFEX SMH-USD
Gate SMH_USDT
MEXC SMH_USDT
BloFin SMH-USDT
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 | +0.0144% | 1h | 595.54 | −0.082% | $3.3M | $2.1M | 20x | as long as short |
tradeXYZ xyz:SMH