Funding you earn now, next payment 16:00 UTC+0.0086%/8h= +9.5% APRnext payment +$0.86 per $10,000 · paid last 24h +0.023%
Price spread now: HTX against OKX+0.066%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 +$3 a day on $10k at the current rate, and HTX is 0.066% dearer against OKX than usual: you sell high and buy low: +$7 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 | OKX SMH-USDT-SWAP | 590.16 | 0.0014 | pay 0.0014% / 8h | 7h 34m | $497K | $288K | 20x |
| Short | HTX SMH-USDT | 590.55 | 0.0100 | get 0.0100% / 8h | 7h 34m | $7K | $47K | 10x |
OKX SMH-USDT-SWAP
HTX SMH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against OKX. 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
- $18.12
- Price spread: +0.066% → 0.000%
- $6.61
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $2.73
- Costs to cover
- 0.220%
- Break-even
- 5.9 days
Slippage unknown: OKX: live order book, 62 min ago; HTX: 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 OKX live order book, 62 min ago | 2.11 bp | 51.7 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX no order-book sample | — | — | — | — | — |
HTX: 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 | 590.13 | −0.005% | $716K | $799K | 20x | as long as short |
| Bybit SMHUSDT | 0.0000% | 8h | 589.65 | −0.086% | $298K | $369K | 25x | as long as short |
| QFEX SMH-USD | 0.0000% | 1h | 589.20 | −0.163% | $1.1M | $6.2M | 10x | as long as short |
| Gate SMH_USDT | 0.0000% | 8h | 589.10 | −0.180% | $185K | $21K | 20x | as long as short |
| MEXC SMH_USDT | 0.0000% | 8h | 589.86 | −0.051% | $558K | $120K | 20x | as long as short |
| Bitget SMHUSDT | 0.0000% | 8h | 589.91 | −0.042% | $676K | $49K | 20x | as long as short |
| OKX SMH-USDT-SWAPlong | +0.0014% | 8h | 590.16 | long leg | $497K | $288K | 20x | |
| BloFin SMH-USDT | +0.0026% | 8h | 590.07 | −0.015% | $47K | $29K | 20x | as long as short |
| Vest SMH-USD-PERP | +0.0046% | 1h | 589.37 | −0.134% | — | — | 25x | as long as short |
| HTX SMH-USDTshort | +0.0100% | 8h | 590.55 | +0.066% | $7K | $47K | 10x |
Binance SMHUSDT
Bybit SMHUSDT
QFEX SMH-USD
Gate SMH_USDT
MEXC SMH_USDT
Bitget SMHUSDT
BloFin SMH-USDT
Vest SMH-USD-PERPShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SMH | +0.0110% | 1h | 589.54 | −0.105% | $3.2M | $2.0M | 20x | as long as short |
tradeXYZ xyz:SMH