Funding you earn now, next payment 08:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.13 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against MEXC+0.047%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.047% dearer against MEXC than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SMH_USDT | 596.97 | 0 | get 0.0000% / 8h | 3h 37m | $565K | $128K | 20x |
| Short | BloFin SMH-USDT | 597.25 | 0.0013 | get 0.0013% / 8h | 3h 37m | $48K | $29K | 20x |
MEXC SMH_USDT
BloFin SMH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $2.63
- Price spread: +0.047% → 0.000%
- $4.69
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$4.68
- Costs to cover
- 0.120%
- Break-even
- 19.4 days
Slippage unknown: MEXC: live order book, 8 min ago; BloFin: 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 MEXC live order book, 8 min ago | 8.35 bp | 14.0 bp −$14 | 18.4 bp −$184 | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
BloFin: 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 | 596.96 | −0.002% | $750K | $769K | 20x | as long as short |
| Bybit SMHUSDT | 0.0000% | 8h | 596.31 | −0.111% | $265K | $2.4M | 25x | as long as short |
| OKX SMH-USDT-SWAP | 0.0000% | 8h | 597.37 | +0.067% | $504K | $347K | 20x | as long as short |
| QFEX SMH-USD | 0.0000% | 1h | 595.75 | −0.204% | $1.1M | $6.4M | 10x | as long as short |
| Gate SMH_USDT | 0.0000% | 8h | 597.10 | +0.022% | $190K | $24K | 20x | as long as short |
| MEXC SMH_USDTlong | 0.0000% | 8h | 596.97 | long leg | $565K | $128K | 20x | |
| Bitget SMHUSDT | 0.0000% | 8h | 598.40 | +0.240% | $689K | $109K | 20x | as long as short |
| BloFin SMH-USDTshort | +0.0013% | 8h | 597.25 | +0.047% | $48K | $29K | 20x | |
| Vest SMH-USD-PERP | +0.0046% | 1h | 595.88 | −0.183% | — | — | 25x | as long as short |
| HTX SMH-USDT | +0.0100% | 8h | 597.73 | +0.127% | $7K | $46K | 10x | as long as short |
Binance SMHUSDT
Bybit SMHUSDT
OKX SMH-USDT-SWAP
QFEX SMH-USD
Gate SMH_USDT
Bitget SMHUSDT
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 | +0.0353% | 1h | 596.23 | −0.124% | $3.3M | $1.9M | 20x | as long as short |
tradeXYZ xyz:SMH