Funding you earn now, next payment 12:00 UTC−0.0384%/8h= −42.0% APRnext payment −$1.92 per $10,000 · paid last 24h +0.026%
Price spread now: KuCoin against Bitget−0.098%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$1591.592% of the position
Funding, last 7 days+0.237%+$24 on $10k
+Price spread, last 4 days (all we have)+0.071%+$7 · spread now −0.098%, 7d avg −0.039%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and KuCoin is 0.059% cheaper against Bitget than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.039%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.237%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.237% in total (about 12.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.92 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SAMSUNGUSDT | 204.60 | 0.0220 | pay 0.0110% / 4h | 1h 50m | $4.1M | $17.6M | 20x |
| Short | KuCoin SAMSUNGUSDTM | 204.40 | −0.0164 | pay 0.0082% / 4h | 1h 50m | $700K | $337K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. 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
- −$80.64
- Price spread: −0.098% → −0.039%
- −$5.88
- Slippage, 4 orders
- −$135.19
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$245.71
- Costs to cover
- 1.592%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; KuCoin: live order book, 56 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 Bitget live order book, 1 min ago | 0.73 bp | 8.6 bp −$9 | 17.2 bp −$172 | 28.6 bp −$2,858 | doesn't fit |
| Sell KuCoin live order book, 56 min ago | 12.85 bp | 64.2 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
SAMSUNG on 24 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SMSN | −0.2598% | 1h | 204.44 | −0.078% | $47.9M | $53.9M | 10x | as long as short |
| Polymarket Perps SAMSUNG-USD | −0.2228% | 1h | 204.46 | −0.068% | $45K | $51K | 10x | as long as short |
| OKX SAMSUNG-USDT-SWAP | −0.1380% | 8h | 204.43 | −0.083% | $5.6M | $24.1M | 25x | as long as short |
| edgeX SAMSUNGUSDC | −0.0954% | 4h | 204.43 | −0.085% | $251K | $367K | 10x | as long as short |
| Bybit SAMSUNGUSDT | −0.0397% | 8h | 204.33 | −0.132% | $8.7M | $16.2M | 100x | as long as short |
| Aftermath Perps SAMSUNGUSD | −0.0381% | 1h | 204.46 | −0.070% | $869 | $28K | 5x | as long as short |
| KuCoin SAMSUNGUSDTMshort | −0.0164% | 4h | 204.40 | −0.098% | $700K | $337K | 20x | |
| Ondo Perps SMSN-USD.P | −0.0035% | 1h | 204.18 | −0.205% | $317K | $120K | 10x | as long as short |
| Gate SAMSUNG_USDT | 0.0000% | 4h | 204.53 | −0.034% | $12.6M | $30.4M | 75x | as long as short |
| SunX SAMSUNG-USDT | 0.0000% | 4h | 204.22 | −0.186% | $1K | $511K | 10x | as long as short |
Show all 24 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex SAMSUNGUSDT | 0.0000% | 8h | 204.28 | −0.156% | $2.7M | $1.2M | 10x | as long as short |
| SoDEX SAMSUNG-USD | +0.0050% | 1h | 204.47 | −0.064% | $3K | $3K | 10x | as long as short |
| Orderly PERP_SAMSUNG_USDC_mythos | +0.0080% | 8h | 204.49 | −0.054% | $3K | $432 | 10x | as long as short |
| Pacifica SAMSUNG | +0.0100% | 1h | 204.52 | −0.038% | $85K | $22K | 10x | as long as short |
| ApeX Omni SAMSUNGUSDT | +0.0100% | 1h | 204.13 | −0.230% | $5K | $139K | 50x | as long as short |
| Aevo SMSN-PERP | +0.0104% | 1h | 204.57 | −0.014% | $32K | — | 10x | as long as short |
| Bitget SAMSUNGUSDTlong | +0.0220% | 4h | 204.60 | long leg | $4.1M | $17.6M | 20x | |
| BloFin SAMSUNG-USDT | +0.0314% | 4h | 204.45 | −0.073% | $317K | $312K | 25x | as long as short |
| Aster SAMSUNGUSDT | +0.0367% | 4h | 203.82 | −0.383% | $106K | $111K | 50x | as long as short |
| Binance SAMSUNGUSDT | +0.0397% | 4h | 204.45 | −0.073% | $24.5M | $181.2M | 25x | as long as short |
| Extended SAMSUNG-USD | +0.0400% | 1h | 204.41 | −0.092% | $192K | $44K | 10x | as long as short |
| Kraken Futures PF_SAMSUNGUSD | +0.0472% | 1h | 204.43 | −0.084% | $47K | $15K | 20x | as long as short |
| HTX SAMSUNG-USDT | +0.0838% | 4h | 204.33 | −0.132% | $62K | $104K | 20x | as long as short |
| GRVT SAMSUNG_USDT_Perp | +0.1776% | 4h | 204.47 | −0.064% | $22K | $238K | 10x | as long as short |
Bitget SAMSUNGUSDT
KuCoin SAMSUNGUSDTM
tradeXYZ xyz:SMSN
Polymarket Perps SAMSUNG-USD
OKX SAMSUNG-USDT-SWAP
edgeX SAMSUNGUSDC
Bybit SAMSUNGUSDT
Aftermath Perps SAMSUNGUSD
Gate SAMSUNG_USDT
SunX SAMSUNG-USDT
Phemex SAMSUNGUSDT
SoDEX SAMSUNG-USD
Pacifica SAMSUNG
ApeX Omni SAMSUNGUSDT
BloFin SAMSUNG-USDT
Aster SAMSUNGUSDT
Binance SAMSUNGUSDT
Extended SAMSUNG-USD
Kraken Futures PF_SAMSUNGUSD
HTX SAMSUNG-USDT
GRVT SAMSUNG_USDT_Perp