资金费率套利 · 价差套利 / RWA

SMH

RWASMH 全部市场 →

做多Paragon▾tradeXYZ −0.0093%BloFin −0.0024%Binance 0.0000%Bybit 0.0000%OKX 0.0000%Gate 0.0000%MEXC 0.0000%KuCoin 0.0000%Bitget 0.0000%Vest Markets +0.0046%BingX +0.0050%HTX +0.0100%Paragon +0.1764%

⇄⇅

做空QFEX▾HTX +0.0100%BingX +0.0050%Vest Markets +0.0046%Binance 0.0000%Bybit 0.0000%OKX 0.0000%QFEX 0.0000%Gate 0.0000%MEXC 0.0000%KuCoin 0.0000%Bitget 0.0000%BloFin −0.0024%tradeXYZ −0.0093%

回测 30 天☆

腿	交易所	价格	费率 /8h	每次结算	距下次结算	OI	24h 成交量	杠杆
做多	Paragonpara:SMH	528.00	+0.1764	支付 0.0221% / 1h	4m 59s	$140K	$52K	10x	做多 Paragon
做空	QFEXSMH-USD	526.18	0	0.0000% / 1h	4m 59s	$1.6M	$578K	10x	做空 QFEX返 10%

价差−0.345%

资金费率差−0.1764% /8h

目前两边都对这个方向不利：$10k 仓位每天要支付 $53 资金费，价差比其 7 日均值低 0.347%。对调两条腿。

当前资金费率远低于该组合一直以来的实际水平：过去 7 天 合计结算 −0.161%，平均约 −0.0077%/8h。

价格与资金费率

开仓 / 平仓价差价格资金费率各腿费率盈亏

1m5m15m1h

1h · 历史数据

24H3D7D14D30D90D

开仓 / 平仓?

价差?

价格?

资金费率?每 8 小时

开仓 / 平仓 · 7D

当前开仓—

开仓均值—

最佳开仓—

当前平仓—

平仓均值—

最佳平仓—

免费平仓—

价差 · 7D

当前−0.345%

平均—

区间—

比当前更宽—

资金费率差 · 7D

平均 /8h—

最高—

最低—

收到资金费—

过去 7D 的价差分布▾

各水平所占的时间比例

所有交易所的资金费率

/8h

24H3D7D14D30D90D

ParagonQFEX

14 家交易所的 SMH

资金费率从低到高

开仓前检查

2 项正常 · 3 项需留意

• !
  需留意: 该仓位下深度不足34.4 / 1242.7 bp

  以 $10k 在 QFEX 开仓的成本为 1242.7 bp（手续费加滑点），是 Paragon 的 36.1 倍。
• i
  说明: 最高杠杆下的保证金$1,000 + $1,000

  Paragon 10x，QFEX 10x。建议准备约 2 倍的保证金，以免行情剧烈波动时其中一条腿被强平。
• ✓
  正常: 结算周期相同1h / 1h

  两条腿同时结算。

  做多 Paragon · 1h−$52.93

  做空 QFEX · 1h$0.00

  当前+6h+12h+18h+24h

  按当前费率，每条腿 $10k，未来 24 小时：−$52.93做多 Paragon：24 次结算，−$52.93；做空 QFEX：24 次结算，$0.00。
• !
  需留意: 价差低于平时−0.345% vs +0.002%

  价格腿的获利空间较小。若价差回到均值，空头亏损。
• !
  需留意: 多头腿深度较薄$140K vs $1.6M OI

  平仓成本取决于 Paragon。平仓前请先查看其订单簿。
• i
  说明: 无积分计划—

  两家交易所目前都没有积分计划。
• ✓
  正常: 两条腿均无需 KYCParagon 无需 · QFEX 无需

  两家交易所均无需身份验证即可交易。

收益计算器

两条腿，含开仓和平仓

每条腿仓位

$10k$100k$1M

持有时间

1 天7 天30 天

订单类型

吃单挂单

价差

回到 7 日均值归零未计入

资金费率

区间均值当前

资金费收益−0.0077%/8h × 21 个周期−$16.11

价差−0.345% → +0.002%（7 日均值）−$34.69

滑点，4 笔订单实时订单簿−$2,568.45

Paragon 手续费 bp × 2 笔订单−$1.80

QFEX 手续费 bp × 2 笔订单−$20.00

净收益 · 7 天 · $10k−$2,641.06

需覆盖的成本25.902%回本时间按此费率无法回本

滑点：Paragon：实时订单簿，70 分钟前；QFEX：实时订单簿，11 分钟前

开仓成本

吃单手续费 + 相对中间价的滑点，单边

腿½ 价差$10k$100k$1M$5M

买入 · 做多Paragon5.3934.4 bp−$34198.0 bp−$1,980容纳不下容纳不下

卖出 · 做空QFEX156.891242.7 bp−$1,243容纳不下容纳不下容纳不下

平仓还需再付大致相同的成本。

提醒

资金费率价差

高于该值时提醒我%/8h提醒间隔不短于分钟

创建提醒

资金费率价差

我已入场

SMH 资讯

各交易所提到 SMH 的公告搜索全部资讯 →

10-20 12:55	SoDEX	其他	🏆 THE RESULTS ARE IN! 🎉 The community has spoken! soUSDC is the winner of our Treasure Box vote! 🥇 soUSDC — 78.4% 🥈 VOO — 12.2% 🥉 SMH — 9.4% 🎁 soUSDC will be featured in every Treasure Box this Thursday, Oct 22, at 12:00 UTC! Thanks to everyone who voted! 🚀 Stay tuned! X 上的 @sodex_official ↗
10-19 12:49	SoDEX	其他	🔵 soUSDC — the USDC Earn yield receipt. 7-day APY 4.73%. The steady one: no price risk, just yield. 🟢 SMH — tracks the US semiconductor 25 index. +60.91% over the past year. The growth play: AI infrastructure, concentrated. 🟡 VOO — tracks the S&P 500. +15.50% over the past year, and the lowest volatility of the three. Broad, boring, hard to argue with. X 上的 @sodex_official ↗
10-19 12:08	SoDEX	产品	📊 THE VOTE IS LIVE — you pick the next Treasure Box asset You filled the replies with suggestions last week. We read every one. Three made the shortlist 👇 🔵 soUSDC — the USDC Earn yield receipt. 7-day APY 4.73%. The steady one: no price risk, just yield. 🟢 SMH — tracks the US semiconductor 25 index. +60.91% over the past year. The growth play: AI infrastructure, concentrated. 🟡 VOO — tracks the S&P 500. +15.50% over the past year, and the lowest volatility of the three. Broad, boring, hard to argue with. Vote in the poll below. ⏳ 24 hours — closes Oct 20, 12:15 UTC. The winner goes into every Treasure Box on Thursday, Oct 22, 12:00 UTC. Make your case in the replies 👇 soUSDC · 4.73% APY SMH · +60.91% 1Y VOO · +15.50% 1Y Yields and returns shown are historical and variable. Past performance is not indicative of future results. 📷 X 上的 @sodex_official ↗
10-14 09:00	KuCoin	上线	新市场 SMHUSDTM ($SMH) 由我们的采集程序发现
10-07 12:34	Paragon	产品	MarketVector and Paragon have partnered to bring the MVIS US Listed Semiconductor 25 Index (#MVSMH) to Hyperliquid. para:SMH is now live 24/7. Semiconductors sit at the center of the AI buildout. More than $75 billion in assets track this benchmark through funds and ETFs globally. para:SMH references #MVSMH directly, bringing that exposure to a market that trades around the clock. Using @PythNetwork real-time pricing, the index extends through overnight, pre- and post-market sessions while maintaining the integrity of the benchmark's methodology. No ETF-level expenses or tracking differences. MarketVector indexes sit behind more than $180 billion in assets across 25+ issuers. Paragon is bringing the exposures investors already know on-chain through new markets built to trade continuously on Hyperliquid. X 上的 @tradeparagon ↗
10-07 07:58	Paragon	上线	新市场 para:SMH ($SMH) 由我们的采集程序发现