Funding you earn now, next payment 04:00 UTC−0.0364%/8h= −39.9% APRnext payment −$0.46 per $10,000 · paid last 24h −0.094%
Price spread now: Vest against tradeXYZ−0.053%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdroptradeXYZ: Active · Vest: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Vest is 0.053% cheaper against tradeXYZ than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:SMH | 600.73 | 0.0410 | pay 0.0051% / 1h | 59m 00s | $3.3M | $1.9M | 20x |
| Short | Vest SMH-USD-PERP | 600.41 | 0.0046 | get 0.0006% / 1h | 59m 00s | — | — | 25x |
tradeXYZ xyz:SMH
Vest SMH-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against tradeXYZ. 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
- −$76.5
- Price spread: −0.053% → 0.000%
- −$5.33
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$101.83
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 9 min ago; Vest: 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 tradeXYZ live order book, 9 min ago | 3.08 bp | 16.5 bp −$16 | doesn't fit | doesn't fit | doesn'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: 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 | 601.24 | +0.084% | $725K | $741K | 20x | as long as short |
| Bybit SMHUSDT | 0.0000% | 8h | 600.95 | +0.037% | $266K | $2.4M | 25x | as long as short |
| OKX SMH-USDT-SWAP | 0.0000% | 8h | 601.74 | +0.168% | $506K | $348K | 20x | as long as short |
| QFEX SMH-USD | 0.0000% | 1h | 600.34 | −0.065% | $1.1M | $6.4M | 10x | as long as short |
| Gate SMH_USDT | 0.0000% | 8h | 600.50 | −0.038% | $182K | $21K | 20x | as long as short |
| MEXC SMH_USDT | 0.0000% | 8h | 601.05 | +0.053% | $569K | $127K | 20x | as long as short |
| Bitget SMHUSDT | 0.0000% | 8h | 600.74 | +0.002% | $692K | $110K | 20x | as long as short |
| BloFin SMH-USDT | +0.0025% | 8h | 600.95 | +0.037% | $48K | $29K | 20x | as long as short |
| Vest SMH-USD-PERPshort | +0.0046% | 1h | 600.41 | −0.053% | — | — | 25x | |
| HTX SMH-USDT | +0.0100% | 8h | 603.36 | +0.438% | $7K | $46K | 10x | as long as short |
Binance SMHUSDT
Bybit SMHUSDT
OKX SMH-USDT-SWAP
QFEX SMH-USD
Gate SMH_USDT
MEXC SMH_USDT
Bitget SMHUSDT
BloFin SMH-USDT
HTX SMH-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SMHlong | +0.0410% | 1h | 600.73 | long leg | $3.3M | $1.9M | 20x |