Funding you earn now, next payment 08:00 UTC+0.0975%/8h= +106.7% APRpaid last 24h −0.036%
Price spread now: Phemex against Binance−0.041%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1151.146% of the position
Funding, last 7 days−0.089%−$9 on $10k
+Price spread, last 4 days (all we have)+0.177%+$18 · spread now −0.041%, 7d avg +0.006%
=Funding pays, the price is against you. Phemex is 0.048% cheaper against Binance than usual: you would sell low and buy high (spread −0.041% now, against its 7-day average of +0.006%). If the spread goes back, that is −$5 on $10k: about 4 hours of funding at the current rate (+$29 a day). Mind the row above: over the last 7 days funding on this pair cost −0.089%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.089% in total (about -4.7% 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 | Binance SAMSUNGUSDT | 201.82 | −0.0975 | get 0.0487% / 4h | 16m 11s | $23.8M | $168.3M | 25x |
| Short | Phemex SAMSUNGUSDT | 201.74 | 0 | get 0.0000% / 8h | 16m 11s | $2.7M | $1.2M | 10x |
Binance SAMSUNGUSDT
Phemex SAMSUNGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Binance. 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
- $204.67
- Price spread: −0.041% → +0.006%
- −$4.77
- Slippage, 4 orders
- −$92.63
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- $85.27
- Costs to cover
- 1.146%
- Break-even
- 4.1 days
Slippage from Binance: live order book, 12 min ago; Phemex: live order book, 2 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 Binance live order book, 12 min ago | 0.25 bp | 6.1 bp −$6 | 10.0 bp −$100 | 43.9 bp −$4,391 | doesn't fit |
| Sell Phemex live order book, 2 min ago | 2.23 bp | 44.2 bp −$44 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SAMSUNG-USDT | −0.0989% | 4h | 201.81 | −0.007% | $331K | $241K | 25x | as long as short |
| Extended SAMSUNG-USD | −0.0976% | 1h | 201.78 | −0.021% | $190K | $69K | 10x | as long as short |
| Binance SAMSUNGUSDTlong | −0.0975% | 4h | 201.82 | long leg | $23.8M | $168.3M | 25x | |
| GRVT SAMSUNG_USDT_Perp | −0.0946% | 4h | 202.06 | +0.117% | $22K | $210K | 10x | as long as short |
| Aster SAMSUNGUSDT | −0.0933% | 4h | 202.11 | +0.141% | $104K | $108K | 50x | as long as short |
| tradeXYZ xyz:SMSN | −0.0823% | 1h | 201.53 | −0.145% | $43.5M | $48.6M | 10x | as long as short |
| Bitget SAMSUNGUSDT | −0.0568% | 4h | 201.87 | +0.023% | $4.0M | $16.1M | 20x | as long as short |
| KuCoin SAMSUNGUSDTM | −0.0542% | 4h | 201.70 | −0.061% | $550K | $130K | 20x | as long as short |
| OKX SAMSUNG-USDT-SWAP | −0.0532% | 8h | 201.70 | −0.061% | $6.0M | $22.3M | 25x | as long as short |
| edgeX SAMSUNGUSDC | −0.0476% | 4h | 202.03 | +0.102% | $248K | $369K | 10x | as long as short |
BloFin SAMSUNG-USDT
Extended SAMSUNG-USD
GRVT SAMSUNG_USDT_Perp
Aster SAMSUNGUSDT
tradeXYZ xyz:SMSN
Bitget SAMSUNGUSDT
KuCoin SAMSUNGUSDTM
OKX SAMSUNG-USDT-SWAP
edgeX SAMSUNGUSDCShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SAMSUNGUSDT | −0.0437% | 8h | 201.62 | −0.101% | $8.0M | $15.7M | 100x | as long as short |
| HTX SAMSUNG-USDT | −0.0386% | 4h | 201.99 | +0.082% | $62K | $115K | 20x | as long as short |
| Aftermath Perps SAMSUNGUSD | −0.0317% | 1h | 201.73 | −0.048% | $778 | $29K | 5x | as long as short |
| Ondo Perps SMSN-USD.P | −0.0286% | 1h | 201.84 | +0.008% | $313K | $236K | 10x | as long as short |
| Pacifica SAMSUNG | −0.0234% | 1h | 201.80 | −0.012% | $84K | $15K | 10x | as long as short |
| Gate SAMSUNG_USDT | 0.0000% | 4h | 201.78 | −0.022% | $11.9M | $28.1M | 75x | as long as short |
| SunX SAMSUNG-USDT | 0.0000% | 4h | 202.01 | +0.092% | $897 | $576K | 10x | as long as short |
| Phemex SAMSUNGUSDTshort | 0.0000% | 8h | 201.74 | −0.041% | $2.7M | $1.2M | 10x | |
| Polymarket Perps SAMSUNG-USD | +0.0050% | 1h | 201.81 | −0.007% | $45K | $55K | 10x | as long as short |
| SoDEX SAMSUNG-USD | +0.0050% | 1h | 201.79 | −0.017% | $3K | $3K | 10x | as long as short |
| Orderly PERP_SAMSUNG_USDC_mythos | +0.0093% | 8h | 201.94 | +0.058% | $3K | $545 | 10x | as long as short |
| ApeX Omni SAMSUNGUSDT | +0.0100% | 1h | 202.06 | +0.117% | $5K | $139K | 50x | as long as short |
| Aevo SMSN-PERP | +0.0136% | 1h | 201.81 | −0.009% | $32K | — | 10x | as long as short |
| Kraken Futures PF_SAMSUNGUSD | +0.0573% | 1h | 201.69 | −0.065% | $46K | $15K | 20x | as long as short |
Bybit SAMSUNGUSDT
HTX SAMSUNG-USDT
Aftermath Perps SAMSUNGUSD
Ondo Perps SMSN-USD.P
Pacifica SAMSUNG
Gate SAMSUNG_USDT
SunX SAMSUNG-USDT
Polymarket Perps SAMSUNG-USD
SoDEX SAMSUNG-USD
Orderly PERP_SAMSUNG_USDC_mythos
ApeX Omni SAMSUNGUSDT
Aevo SMSN-PERP
Kraken Futures PF_SAMSUNGUSD