Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: QFEX against Bybit−0.062%53s7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1091.094% of the position
Funding, last 4 days (all we have)0.000%$0 on $10k
+Price spread, last 7 days−0.077%−$8 · spread now −0.062%, 7d avg −0.056%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SMHUSDT | 592.32 | 0 | get 0.0000% / 8h | 31m 46s | $299K | $407K | 25x |
| Short | QFEX SMH-USD | 591.95 | 0 | get 0.0000% / 1h | 31m 46s | $1.1M | $6.2M | 10x |
Bybit SMHUSDT
QFEX SMH-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Bybit. 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: −0.062% → −0.056%
- −$0.64
- Slippage, 4 orders
- −$88.39
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$110.04
- Costs to cover
- 1.094%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 34 min ago; QFEX: live order book, 7 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 Bybit live order book, 34 min ago | 7.93 bp | 49.5 bp −$49 | 213.1 bp −$2,131 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 7 min ago | 4.05 bp | 19.8 bp −$20 | 30.0 bp −$300 | 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 | 592.85 | +0.089% | $47K | $29K | 20x | as long as short |
| Binance SMHUSDT | 0.0000% | 8h | 592.81 | +0.083% | $725K | $798K | 20x | as long as short |
| Bybit SMHUSDTlong | 0.0000% | 8h | 592.32 | long leg | $299K | $407K | 25x | |
| QFEX SMH-USDshort | 0.0000% | 1h | 591.95 | −0.062% | $1.1M | $6.2M | 10x | |
| Gate SMH_USDT | 0.0000% | 8h | 592.40 | +0.014% | $185K | $30K | 20x | as long as short |
| MEXC SMH_USDT | 0.0000% | 8h | 593.03 | +0.120% | $561K | $128K | 20x | as long as short |
| Bitget SMHUSDT | 0.0000% | 8h | 592.81 | +0.083% | $684K | $49K | 20x | as long as short |
| Vest SMH-USD-PERP | +0.0046% | 1h | 591.95 | −0.062% | — | — | 25x | as long as short |
| OKX SMH-USDT-SWAP | +0.0054% | 8h | 593.05 | +0.123% | $500K | $355K | 20x | as long as short |
| HTX SMH-USDT | +0.0100% | 8h | 592.89 | +0.096% | $7K | $47K | 10x | as long as short |
BloFin SMH-USDT
Binance SMHUSDT
Gate SMH_USDT
MEXC SMH_USDT
Bitget SMHUSDT
Vest SMH-USD-PERP
OKX SMH-USDT-SWAP
HTX SMH-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SMH | +0.0543% | 1h | 592.70 | +0.064% | $3.2M | $2.0M | 20x | as long as short |
tradeXYZ xyz:SMH