Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: Gate against MEXC−0.069%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$235as in the Funding arb table
Net, price: spread back to 7d avg − costs−$227as in the Price arb table
costs, in and out, $10k−$2272.267% of the position
Funding, last 7 days−0.086%−$9 on $10k
+Price spread, last 4 days (all we have)+0.082%+$8 · spread now −0.069%, 7d avg −0.067%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SMH_USDT | 595.21 | 0 | get 0.0000% / 8h | 2h 45m | $563K | $128K | 20x |
| Short | Gate SMH_USDT | 594.80 | 0 | get 0.0000% / 8h | 2h 45m | $188K | $27K | 20x |
MEXC SMH_USDT
Gate SMH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.069% → −0.067%
- −$0.16
- Slippage, 4 orders
- −$211.68
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$226.84
- Costs to cover
- 2.267%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 59 min ago; Gate: live order book, 60 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, 59 min ago | 8.35 bp | 14.0 bp −$14 | 18.4 bp −$184 | doesn't fit | doesn't fit |
| Sell Gate live order book, 60 min ago | 7.53 bp | 140.3 bp −$140 | doesn't fit | 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 SMHUSDT | 0.0000% | 8h | 595.45 | +0.040% | $740K | $792K | 20x | as long as short |
| Bybit SMHUSDT | 0.0000% | 8h | 594.76 | −0.076% | $302K | $1.7M | 25x | as long as short |
| OKX SMH-USDT-SWAP | 0.0000% | 8h | 596.08 | +0.146% | $505K | $350K | 20x | as long as short |
| QFEX SMH-USD | 0.0000% | 1h | 594.65 | −0.094% | $1.1M | $6.3M | 10x | as long as short |
| Gate SMH_USDTshort | 0.0000% | 8h | 594.80 | −0.069% | $188K | $27K | 20x | |
| MEXC SMH_USDTlong | 0.0000% | 8h | 595.21 | long leg | $563K | $128K | 20x | |
| Bitget SMHUSDT | 0.0000% | 8h | 595.06 | −0.025% | $686K | $109K | 20x | as long as short |
| BloFin SMH-USDT | +0.0019% | 8h | 595.78 | +0.096% | $48K | $29K | 20x | as long as short |
| Vest SMH-USD-PERP | +0.0046% | 1h | 594.68 | −0.089% | — | — | 25x | as long as short |
| HTX SMH-USDT | +0.0100% | 8h | 596.52 | +0.220% | $7K | $46K | 10x | as long as short |
Binance SMHUSDT
Bybit SMHUSDT
OKX SMH-USDT-SWAP
QFEX SMH-USD
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 | +0.0616% | 1h | 594.87 | −0.057% | $3.3M | $2.0M | 20x | as long as short |
tradeXYZ xyz:SMH