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

SMH

RWAall SMH markets
SwapPrice view
Alert
Funding spread now, next payment 18:00 UTC0.0000%/8h
paid, last 24h0.000%paid, last 3 days+0.018%to open and close $10k−$140
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX SMH-USD592.800get 0.0000% / 1h25m 49s$1.1M$4.7M10x
ShortBybit SMHUSDT592.960get 0.0000% / 8h6h 25m$252K$3.2M25x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
−$118.93
Fee QFEX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$139.93
Break-even
never at this rate
Slippage from QFEX: live order book, 4 min ago; Bybit: live order book, 3 min ago.

Price risk

price view
Price gap now
+0.027%
Avg gap 7d
−0.033%
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 QFEX live order book, 4 min ago1.10 bp7.5 bp −$810.1 bp −$101doesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago4.64 bp84.9 bp −$85193.6 bp −$1,936doesn't fitdoesn't fit

SMH on 11 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
BloFin SMH-USDT−0.0008%8h$42K$27K20xas long as short
Binance SMHUSDT0.0000%8h$739K$733K20xas long as short
Bybit SMHUSDTshort0.0000%8h$252K$3.2M25x
OKX SMH-USDT-SWAP0.0000%8h$439K$242K20xas long as short
QFEX SMH-USDlong0.0000%1h$1.1M$4.7M10x
Gate SMH_USDT0.0000%8h$181K$22K20xas long as short
MEXC SMH_USDT0.0000%8h$561K$116K20xas long as short
Bitget SMHUSDT0.0000%8h$691K$128K20xas long as short
Vest SMH-USD-PERP+0.0046%1h25xas long as short
tradeXYZ xyz:SMH+0.0086%1h$3.4M$1.8M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
HTX SMH-USDT+0.0100%8h$7K$43K10xas long as short