Funding you earn now, next payment 04:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%
Price spread now: Vest against Gate−0.137%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 0.137% cheaper against Gate than usual: you would sell low and buy high (spread −0.137% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 10.0 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 | Gate SMH_USDT | 600.30 | 0 | get 0.0000% / 8h | 4h 11m | $191K | $24K | 20x |
| Short | Vest SMH-USD-PERP | 599.48 | 0.0046 | get 0.0006% / 1h | 11m 53s | — | — | 25x |
Gate SMH_USDT
Vest SMH-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Gate. 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: −0.137% → 0.000%
- −$13.66
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$21.07
- Costs to cover
- 0.170%
- Break-even
- 22.4 days
Slippage unknown: Gate: live order book, 39 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 Gate live order book, 39 min ago | 10.83 bp | 24.0 bp −$24 | doesn't fit | 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 | −0.0009% | 8h | 601.01 | +0.118% | $48K | $29K | 20x | as long as short |
| Binance SMHUSDT | 0.0000% | 8h | 601.19 | +0.148% | $730K | $757K | 20x | as long as short |
| Bybit SMHUSDT | 0.0000% | 8h | 600.58 | +0.047% | $267K | $2.4M | 25x | as long as short |
| OKX SMH-USDT-SWAP | 0.0000% | 8h | 601.14 | +0.140% | $507K | $349K | 20x | as long as short |
| QFEX SMH-USD | 0.0000% | 1h | 599.45 | −0.142% | $1.1M | $6.4M | 10x | as long as short |
| Gate SMH_USDTlong | 0.0000% | 8h | 600.30 | long leg | $191K | $24K | 20x | |
| MEXC SMH_USDT | 0.0000% | 8h | 599.99 | −0.052% | $568K | $130K | 20x | as long as short |
| Bitget SMHUSDT | 0.0000% | 8h | 600.28 | −0.003% | $691K | $109K | 20x | as long as short |
| Vest SMH-USD-PERPshort | +0.0046% | 1h | 599.48 | −0.137% | — | — | 25x | |
| HTX SMH-USDT | +0.0100% | 8h | 601.47 | +0.195% | $7K | $46K | 10x | as long as short |
BloFin SMH-USDT
Binance SMHUSDT
Bybit SMHUSDT
OKX SMH-USDT-SWAP
QFEX SMH-USD
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 | +0.0575% | 1h | 600.70 | +0.067% | $3.3M | $1.9M | 20x | as long as short |
tradeXYZ xyz:SMH