data as of
Settings8H · net · $10k
Funding arb /

SMH

RWAall SMH markets
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Funding spread now, next payment 19:00 UTC+0.0100%/8h
paid, last 24h+0.158%paid, last 7 days+0.492%to open and close $10k−$54
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SMH-USDT-SWAP594.670get 0.0000% / 8h5h 43m$440K$243K20x
ShorttradeXYZ xyz:SMH594.380.0100get 0.0012% / 1h43m 45s$3.4M$1.8M20x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$20.98
Slippage, 4 orders
−$25.93
Fee OKX: 5 bp × 2 orders
−$10
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$32.95
Break-even
18.0 days
Slippage from OKX: live order book, 53 min ago; tradeXYZ: live order book, 5 min ago.

Price risk

price view
Price gap now
−0.049%
Avg gap 7d
−0.025%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 53 min ago1.35 bp16.2 bp −$16doesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 5 min ago2.27 bp12.6 bp −$13doesn't fitdoesn't fitdoesn't fit

SMH on 11 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Binance SMHUSDT0.0000%8h$731K$770K20xas long as short
Bybit SMHUSDT0.0000%8h$253K$3.2M25xas long as short
OKX SMH-USDT-SWAPlong0.0000%8h$440K$243K20x
QFEX SMH-USD0.0000%1h$1.1M$4.9M10xas long as short
Gate SMH_USDT0.0000%8h$181K$22K20xas long as short
MEXC SMH_USDT0.0000%8h$579K$118K20xas long as short
Bitget SMHUSDT0.0000%8h$692K$128K20xas long as short
BloFin SMH-USDT+0.0001%8h$42K$27K20xas long as short
Vest SMH-USD-PERP+0.0046%1h25xas long as short
tradeXYZ xyz:SMHshort+0.0100%1h$3.4M$1.8M20x
Show all 11 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
HTX SMH-USDT+0.0100%8h$7K$43K10xas long as short