Funding you earn now, next payment 01:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.06 per $10,000 · paid last 24h −0.014%
Price spread now: QFEX against Vest+0.002%7-day average — · you sell dearer than you buy
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
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest SMH-USD-PERP | 601.38 | 0.0046 | pay 0.0006% / 1h | 59m 07s | — | — | 25x |
| Short | QFEX SMH-USD | 601.39 | 0 | get 0.0000% / 1h | 59m 07s | $1.1M | $6.8M | 10x |
Vest SMH-USD-PERP
QFEX SMH-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Vest. 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
- −$9.59
- Price spread: +0.002% → 0.000%
- $0.17
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$21.43
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; QFEX: live order book, 10 min ago. 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 Vest no order-book sample | — | — | — | — | — |
| Sell QFEX live order book, 10 min ago | 2.16 bp | 11.4 bp −$11 | 20.4 bp −$204 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SMH-USDT | −0.0014% | 8h | 602.82 | +0.239% | $48K | $29K | 20x | as long as short |
| Binance SMHUSDT | 0.0000% | 8h | 602.55 | +0.195% | $744K | $746K | 20x | as long as short |
| Bybit SMHUSDT | 0.0000% | 8h | 601.84 | +0.076% | $265K | $2.4M | 25x | as long as short |
| OKX SMH-USDT-SWAP | 0.0000% | 8h | 602.68 | +0.216% | $508K | $350K | 20x | as long as short |
| QFEX SMH-USDshort | 0.0000% | 1h | 601.39 | +0.002% | $1.1M | $6.8M | 10x | |
| Gate SMH_USDT | 0.0000% | 8h | 601.90 | +0.086% | $183K | $21K | 20x | as long as short |
| MEXC SMH_USDT | 0.0000% | 8h | 602.28 | +0.150% | $583K | $123K | 20x | as long as short |
| Bitget SMHUSDT | 0.0000% | 8h | 602.07 | +0.115% | $696K | $119K | 20x | as long as short |
| Vest SMH-USD-PERPlong | +0.0046% | 1h | 601.38 | long leg | — | — | 25x | |
| HTX SMH-USDT | +0.0100% | 8h | 603.76 | +0.396% | $7K | $46K | 10x | as long as short |
BloFin SMH-USDT
Binance SMHUSDT
Bybit SMHUSDT
OKX SMH-USDT-SWAP
Gate SMH_USDT
MEXC SMH_USDT
Bitget SMHUSDT
HTX SMH-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SMH | +0.0281% | 1h | 601.64 | +0.043% | $3.3M | $2.1M | 20x | as long as short |
tradeXYZ xyz:SMH