Funding you earn now, next payment 03:00 UTC+0.0031%/8h= +3.3% APRpaid last 24h +0.006%
Price spread now: Vest against BloFin−0.107%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 0.107% cheaper against BloFin than usual: you would sell low and buy high (spread −0.107% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 12 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 | BloFin SMH-USDT | 600.19 | 0.0015 | pay 0.0015% / 8h | 5h 23m | $48K | $29K | 20x |
| Short | Vest SMH-USD-PERP | 599.55 | 0.0046 | get 0.0006% / 1h | 23m 08s | — | — | 25x |
BloFin SMH-USDT
Vest SMH-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against BloFin. 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
- $6.42
- Price spread: −0.107% → 0.000%
- −$10.66
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$18.24
- Costs to cover
- 0.140%
- Break-even
- 26.9 days
Slippage unknown: BloFin: no order-book sample; 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 BloFin no order-book sample | — | — | — | — | — |
| Sell Vest no order-book sample | — | — | — | — | — |
BloFin and 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SMHUSDT | 0.0000% | 8h | 600.45 | +0.044% | $724K | $742K | 20x | as long as short |
| Bybit SMHUSDT | 0.0000% | 8h | 599.80 | −0.065% | $266K | $2.4M | 25x | as long as short |
| OKX SMH-USDT-SWAP | 0.0000% | 8h | 600.23 | +0.007% | $506K | $348K | 20x | as long as short |
| QFEX SMH-USD | 0.0000% | 1h | 599.30 | −0.148% | $1.1M | $6.5M | 10x | as long as short |
| Gate SMH_USDT | 0.0000% | 8h | 599.80 | −0.065% | $182K | $21K | 20x | as long as short |
| MEXC SMH_USDT | 0.0000% | 8h | 600.32 | +0.022% | $568K | $129K | 20x | as long as short |
| Bitget SMHUSDT | 0.0000% | 8h | 600.04 | −0.025% | $691K | $111K | 20x | as long as short |
| BloFin SMH-USDTlong | +0.0015% | 8h | 600.19 | long leg | $48K | $29K | 20x | |
| Vest SMH-USD-PERPshort | +0.0046% | 1h | 599.55 | −0.107% | — | — | 25x | |
| HTX SMH-USDT | +0.0100% | 8h | 601.73 | +0.257% | $7K | $46K | 10x | as long as short |
Binance SMHUSDT
Bybit SMHUSDT
OKX SMH-USDT-SWAP
QFEX SMH-USD
Gate SMH_USDT
MEXC SMH_USDT
Bitget SMHUSDT
HTX SMH-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SMH | +0.0383% | 1h | 599.98 | −0.035% | $3.3M | $1.9M | 20x | as long as short |
tradeXYZ xyz:SMH