Funding you earn now, next payment 05:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%
Price spread now: Vest against Bitget−0.261%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Vest is 0.261% cheaper against Bitget than usual: you would sell low and buy high (spread −0.261% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$26 on $10k: about 19 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SMHUSDT | 598.40 | 0 | get 0.0000% / 8h | 3h 40m | $689K | $109K | 20x |
| Short | Vest SMH-USD-PERP | 596.84 | 0.0046 | get 0.0006% / 1h | 40m 29s | — | — | 25x |
Bitget SMHUSDT
Vest SMH-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- $9.59
- Price spread: −0.261% → 0.000%
- −$26.07
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$30.48
- Costs to cover
- 0.140%
- Break-even
- 29.2 days
Slippage unknown: Bitget: live order book, 10 min ago; Vest: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 10 min ago | 5.09 bp | 13.0 bp −$13 | 37.1 bp −$371 | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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.
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 | −0.0015% | 8h | 598.96 | +0.094% | $48K | $29K | 20x | as long as short |
| Binance SMHUSDT | 0.0000% | 8h | 597.63 | −0.129% | $750K | $766K | 20x | as long as short |
| Bybit SMHUSDT | 0.0000% | 8h | 597.19 | −0.202% | $265K | $2.4M | 25x | as long as short |
| OKX SMH-USDT-SWAP | 0.0000% | 8h | 597.51 | −0.149% | $505K | $347K | 20x | as long as short |
| QFEX SMH-USD | 0.0000% | 1h | 596.70 | −0.284% | $1.1M | $6.4M | 10x | as long as short |
| Gate SMH_USDT | 0.0000% | 8h | 597.70 | −0.117% | $190K | $24K | 20x | as long as short |
| MEXC SMH_USDT | 0.0000% | 8h | 598.00 | −0.067% | $566K | $128K | 20x | as long as short |
| Bitget SMHUSDTlong | 0.0000% | 8h | 598.40 | long leg | $689K | $109K | 20x | |
| Vest SMH-USD-PERPshort | +0.0046% | 1h | 596.84 | −0.261% | — | — | 25x | |
| HTX SMH-USDT | +0.0100% | 8h | 598.40 | 0.000% | $7K | $46K | 10x | as long as short |
BloFin SMH-USDT
Binance SMHUSDT
Bybit SMHUSDT
OKX SMH-USDT-SWAP
QFEX SMH-USD
Gate SMH_USDT
MEXC SMH_USDT
HTX SMH-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SMH | +0.0356% | 1h | 597.21 | −0.199% | $3.3M | $1.9M | 20x | as long as short |
tradeXYZ xyz:SMH