Funding you earn now, next payment 07:00 UTC−0.0635%/8h= −69.6% APRpaid last 24h −0.060%
Price spread now: OKX against ApeX Omni−0.554%110s7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$900.900% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.523%+$52 · spread now −0.554%, 7d avg −0.018%
=Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and OKX is 0.537% cheaper against ApeX Omni than usual: you would sell low and buy high (−$54 if the spread goes back to its 7-day average of −0.018%). Swap the legs. The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.002% in total (about -0.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni SAMSUNGUSDT | 203.87 | 0.0100 | pay 0.0013% / 1h | 15m 49s | $5K | $138K | 50x |
| Short | OKX SAMSUNG-USDT-SWAP | 202.74 | −0.0535 | pay 0.0535% / 8h | 1h 15m | $6.2M | $22.3M | 25x |
ApeX Omni SAMSUNGUSDT
OKX SAMSUNG-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against ApeX Omni. 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
- −$133.39
- Price spread: −0.554% → −0.018%
- −$53.67
- Slippage, 4 orders
- −$70.02
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$277.09
- Costs to cover
- 0.900%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 25 min ago; OKX: live order book, 3 min ago.
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 ApeX Omni live order book, 25 min ago | 26.18 bp | 35.8 bp −$36 | 197.8 bp −$1,978 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.49 bp | 7.2 bp −$7 | 9.4 bp −$94 | doesn't fit | doesn't fit |
SAMSUNG on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SAMSUNGUSD | −0.1171% | 1h | 202.96 | −0.444% | $46K | $15K | 20x | as long as short |
| tradeXYZ xyz:SMSN | −0.0950% | 1h | 202.60 | −0.623% | $43.5M | $48.0M | 10x | as long as short |
| edgeX SAMSUNGUSDC | −0.0798% | 4h | 203.28 | −0.288% | $250K | $368K | 10x | as long as short |
| OKX SAMSUNG-USDT-SWAPshort | −0.0535% | 8h | 202.74 | −0.554% | $6.2M | $22.3M | 25x | |
| Binance SAMSUNGUSDT | −0.0417% | 4h | 202.87 | −0.491% | $24.8M | $166.6M | 25x | as long as short |
| Bybit SAMSUNGUSDT | −0.0416% | 8h | 202.92 | −0.466% | $8.1M | $15.7M | 100x | as long as short |
| Extended SAMSUNG-USD | −0.0376% | 1h | 202.83 | −0.510% | $191K | $70K | 10x | as long as short |
| GRVT SAMSUNG_USDT_Perp | −0.0370% | 4h | 203.21 | −0.325% | $22K | $205K | 10x | as long as short |
| Ondo Perps SMSN-USD.P | −0.0361% | 1h | 203.14 | −0.358% | $315K | $237K | 10x | as long as short |
| Aster SAMSUNGUSDT | −0.0339% | 4h | 203.70 | −0.082% | $105K | $115K | 50x | as long as short |
Kraken Futures PF_SAMSUNGUSD
tradeXYZ xyz:SMSN
edgeX SAMSUNGUSDC
Binance SAMSUNGUSDT
Bybit SAMSUNGUSDT
Extended SAMSUNG-USD
GRVT SAMSUNG_USDT_Perp
Ondo Perps SMSN-USD.P
Aster SAMSUNGUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SAMSUNG-USDT | −0.0309% | 4h | 203.10 | −0.378% | $339K | $239K | 25x | as long as short |
| KuCoin SAMSUNGUSDTM | −0.0220% | 4h | 203.07 | −0.392% | $555K | $114K | 20x | as long as short |
| Polymarket Perps SAMSUNG-USD | −0.0166% | 1h | 202.87 | −0.491% | $45K | $55K | 10x | as long as short |
| Aftermath Perps SAMSUNGUSD | −0.0088% | 1h | 202.99 | −0.434% | $836 | $30K | 5x | as long as short |
| Bitget SAMSUNGUSDT | −0.0022% | 4h | 202.86 | −0.495% | $4.3M | $15.9M | 20x | as long as short |
| Gate SAMSUNG_USDT | 0.0000% | 4h | 202.99 | −0.432% | $11.9M | $27.5M | 75x | as long as short |
| SunX SAMSUNG-USDT | 0.0000% | 4h | 203.04 | −0.407% | $975 | $630K | 10x | as long as short |
| HTX SAMSUNG-USDT | 0.0000% | 4h | 203.10 | −0.378% | $62K | $114K | 20x | as long as short |
| Phemex SAMSUNGUSDT | 0.0000% | 8h | 202.88 | −0.486% | $2.7M | $1.2M | 10x | as long as short |
| SoDEX SAMSUNG-USD | +0.0041% | 1h | 202.88 | −0.486% | $3K | $3K | 10x | as long as short |
| Pacifica SAMSUNG | +0.0100% | 1h | 202.82 | −0.515% | $84K | $15K | 10x | as long as short |
| ApeX Omni SAMSUNGUSDTlong | +0.0100% | 1h | 203.87 | long leg | $5K | $138K | 50x | |
| Orderly PERP_SAMSUNG_USDC_mythos | +0.0100% | 8h | 203.11 | −0.373% | $3K | $545 | 10x | as long as short |
| Aevo SMSN-PERP | +0.0112% | 1h | 202.94 | −0.454% | $32K | — | 10x | as long as short |
BloFin SAMSUNG-USDT
KuCoin SAMSUNGUSDTM
Polymarket Perps SAMSUNG-USD
Aftermath Perps SAMSUNGUSD
Bitget SAMSUNGUSDT
Gate SAMSUNG_USDT
SunX SAMSUNG-USDT
HTX SAMSUNG-USDT
Phemex SAMSUNGUSDT
SoDEX SAMSUNG-USD
Pacifica SAMSUNG
Orderly PERP_SAMSUNG_USDC_mythos
Aevo SMSN-PERP