Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC−0.058%7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$610.605% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 2 days (all we have)+0.072%+$7 · spread now −0.058%, 7d avg +0.036%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.094% cheaper against MEXC than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.036%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SMH_USDT | 600.46 | 0 | get 0.0000% / 8h | 6h 37m | $569K | $129K | 20x |
| Short | Binance SMHUSDT | 600.11 | 0 | get 0.0000% / 8h | 6h 37m | $743K | $738K | 20x |
MEXC SMH_USDT
Binance SMHUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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: −0.058% → +0.036%
- −$9.4
- Slippage, 4 orders
- −$50.55
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$69.95
- Costs to cover
- 0.605%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 23 min ago; Binance: live order book, 55 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 MEXC live order book, 23 min ago | 9.55 bp | 14.0 bp −$14 | 22.3 bp −$223 | doesn't fit | doesn't fit |
| Sell Binance live order book, 55 min ago | 4.16 bp | 12.1 bp −$12 | 58.2 bp −$582 | 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 SMHUSDTshort | 0.0000% | 8h | 600.11 | −0.058% | $743K | $738K | 20x | |
| Bybit SMHUSDT | 0.0000% | 8h | 600.12 | −0.057% | $265K | $2.4M | 25x | as long as short |
| OKX SMH-USDT-SWAP | 0.0000% | 8h | 600.88 | +0.070% | $504K | $349K | 20x | as long as short |
| QFEX SMH-USD | 0.0000% | 1h | 599.54 | −0.153% | $1.1M | $6.7M | 10x | as long as short |
| Gate SMH_USDT | 0.0000% | 8h | 600.30 | −0.027% | $182K | $21K | 20x | as long as short |
| MEXC SMH_USDTlong | 0.0000% | 8h | 600.46 | long leg | $569K | $129K | 20x | |
| Bitget SMHUSDT | 0.0000% | 8h | 600.71 | +0.042% | $695K | $119K | 20x | as long as short |
| BloFin SMH-USDT | +0.0016% | 8h | 601.72 | +0.210% | $48K | $30K | 20x | as long as short |
| Vest SMH-USD-PERP | +0.0046% | 1h | 599.42 | −0.173% | — | — | 25x | as long as short |
| HTX SMH-USDT | +0.0100% | 8h | 603.27 | +0.468% | $7K | $46K | 10x | as long as short |
Bybit SMHUSDT
OKX SMH-USDT-SWAP
QFEX SMH-USD
Gate SMH_USDT
Bitget SMHUSDT
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 | +0.0501% | 1h | 599.84 | −0.103% | $3.3M | $1.9M | 20x | as long as short |
tradeXYZ xyz:SMH