Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: HTX against QFEX+0.164%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 0.164% dearer against QFEX than usual: you sell high and buy low: +$16 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 | QFEX SMH-USD | 592.07 | 0.0000 | pay 0.0000% / 1h | 24m 04s | $1.1M | $6.3M | 10x |
| Short | HTX SMH-USDT | 593.04 | 0.0100 | get 0.0100% / 8h | 1h 24m | $6K | $46K | 10x |
QFEX SMH-USD
HTX SMH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against QFEX. 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
- $20.92
- Price spread: +0.164% → 0.000%
- $16.38
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $15.3
- Costs to cover
- 0.220%
- Break-even
- 1.9 days
Slippage unknown: QFEX: live order book, 10 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 QFEX live order book, 10 min ago | 1.44 bp | 15.6 bp −$16 | 23.4 bp −$234 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SMHUSDT | −0.0062% | 8h | 592.82 | +0.127% | $684K | $81K | 20x | as long as short |
| BloFin SMH-USDT | −0.0008% | 8h | 592.68 | +0.103% | $47K | $29K | 20x | as long as short |
| Binance SMHUSDT | 0.0000% | 8h | 592.86 | +0.133% | $724K | $808K | 20x | as long as short |
| Bybit SMHUSDT | 0.0000% | 8h | 592.53 | +0.078% | $299K | $447K | 25x | as long as short |
| Gate SMH_USDT | 0.0000% | 8h | 592.10 | +0.005% | $185K | $30K | 20x | as long as short |
| MEXC SMH_USDT | 0.0000% | 8h | 592.85 | +0.132% | $561K | $129K | 20x | as long as short |
| QFEX SMH-USDlong | 0.0000% | 1h | 592.07 | long leg | $1.1M | $6.3M | 10x | |
| OKX SMH-USDT-SWAP | +0.0002% | 8h | 593.35 | +0.216% | $503K | $353K | 20x | as long as short |
| Vest SMH-USD-PERP | +0.0046% | 1h | 592.11 | +0.007% | — | — | 25x | as long as short |
| HTX SMH-USDTshort | +0.0100% | 8h | 593.04 | +0.164% | $6K | $46K | 10x |
Bitget SMHUSDT
BloFin SMH-USDT
Binance SMHUSDT
Bybit SMHUSDT
Gate SMH_USDT
MEXC SMH_USDT
OKX SMH-USDT-SWAP
Vest SMH-USD-PERPShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SMH | +0.0447% | 1h | 592.58 | +0.086% | $3.2M | $2.0M | 20x | as long as short |
tradeXYZ xyz:SMH