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

SMH

RWAall SMH markets
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Funding spread now, next payment 16:00 UTC+0.0046%/8h
next payment, per $10,000+$0.06paid, last 24h+0.014%paid, last 3 days+0.039%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX SMH-USD591.250get 0.0000% / 1h20m 51s$1.1M$4.2M10x
ShortVest SMH-USD-PERP591.280.0046get 0.0006% / 1h20m 51s25x

Funding history

latest
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Funding on every exchange

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Profit calculator

Funding earned
$9.59
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee Vest: 1 bp × 2 orders
−$2
Net
−$2.41
Break-even
8.8 days
Slippage unknown: QFEX: live order book, 4 min ago; Vest: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
+0.005%
Avg gap 7d
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 ago2.12 bp7.9 bp −$810.0 bp −$100doesn't fitdoesn't fit
Sell Vest no order-book sample
Vest: 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.
ExchangeFunding /8hEveryOIVol 24hMax lev
Bybit SMHUSDT0.0000%8h$255K$3.2M25xas long as short
OKX SMH-USDT-SWAP0.0000%8h$443K$227K20xas long as short
QFEX SMH-USDlong0.0000%1h$1.1M$4.2M10x
Gate SMH_USDT0.0000%8h$180K$22K20xas long as short
Bitget SMHUSDT0.0000%8h$691K$124K20xas long as short
Vest SMH-USD-PERPshort+0.0046%1h25x
HTX SMH-USDT+0.0100%8h$7K$43K10xas long as short
Binance SMHUSDT+0.0149%8h$726K$655K20xas long as short
MEXC SMH_USDT+0.0149%8h$561K$116K20xas long as short
BloFin SMH-USDT+0.0160%8h$43K$27K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
tradeXYZ xyz:SMH+0.0342%1h$3.4M$1.5M20xas long as short