Funding you earn now, next payment 12:00 UTC−0.0235%/8h= −25.8% APRpaid last 24h −0.042%
Price spread now: Bybit against BloFin−0.060%102s7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as 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−$360.365% of the position
Funding, last 7 days−0.164%−$16 on $10k
+Price spread, last 4 days (all we have)−0.194%−$19 · spread now −0.060%, 7d avg −0.001%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bybit is 0.059% cheaper against BloFin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.001%). Swap the legs. The two prices were read 102 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 -0.164% in total (about -8.5% 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 | BloFin SAMSUNG-USDT | 199.35 | −0.1357 | get 0.0678% / 4h | 3h 27m | $327K | $253K | 25x |
| Short | Bybit SAMSUNGUSDT | 199.23 | −0.1592 | pay 0.1592% / 8h | 7h 27m | $8.4M | $15.8M | 100x |
BloFin SAMSUNG-USDT
Bybit SAMSUNGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- −$49.41
- Price spread: −0.060% → −0.001%
- −$5.9
- Slippage, 4 orders
- −$13.48
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$91.79
- Costs to cover
- 0.365%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 47 min ago; Bybit: live order book, 1 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 BloFin live order book, 47 min ago | 0.25 bp | 6.3 bp −$6 | 8.9 bp −$89 | 28.4 bp −$2,843 | doesn't fit |
| Sell Bybit live order book, 1 min ago | 1.51 bp | 12.1 bp −$12 | 19.2 bp −$192 | 158.3 bp −$15.8K | 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT SAMSUNG_USDT_Perp | −0.2556% | 4h | 199.55 | +0.099% | $22K | $218K | 10x | as long as short |
| HTX SAMSUNG-USDT | −0.2010% | 4h | 199.29 | −0.030% | $61K | $107K | 20x | as long as short |
| Bybit SAMSUNGUSDTshort | −0.1592% | 8h | 199.23 | −0.060% | $8.4M | $15.8M | 100x | |
| Binance SAMSUNGUSDT | −0.1434% | 4h | 199.42 | +0.035% | $22.7M | $169.6M | 25x | as long as short |
| Extended SAMSUNG-USD | −0.1392% | 1h | 199.39 | +0.022% | $188K | $48K | 10x | as long as short |
| Aster SAMSUNGUSDT | −0.1382% | 4h | 200.57 | +0.610% | $104K | $110K | 50x | as long as short |
| BloFin SAMSUNG-USDTlong | −0.1357% | 4h | 199.35 | long leg | $327K | $253K | 25x | |
| Bitget SAMSUNGUSDT | −0.1068% | 4h | 199.45 | +0.050% | $3.6M | $16.7M | 20x | as long as short |
| KuCoin SAMSUNGUSDTM | −0.0870% | 4h | 199.26 | −0.045% | $683K | $232K | 20x | as long as short |
| tradeXYZ xyz:SMSN | −0.0755% | 1h | 199.11 | −0.120% | $43.1M | $49.3M | 10x | as long as short |
GRVT SAMSUNG_USDT_Perp
HTX SAMSUNG-USDT
Binance SAMSUNGUSDT
Extended SAMSUNG-USD
Aster SAMSUNGUSDT
Bitget SAMSUNGUSDT
KuCoin SAMSUNGUSDTM
tradeXYZ xyz:SMSNShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps SMSN-USD.P | −0.0666% | 1h | 199.07 | −0.140% | $310K | $229K | 10x | as long as short |
| edgeX SAMSUNGUSDC | −0.0653% | 4h | 199.50 | +0.074% | $245K | $369K | 10x | as long as short |
| OKX SAMSUNG-USDT-SWAP | −0.0630% | 8h | 199.22 | −0.065% | $5.9M | $22.1M | 25x | as long as short |
| Gate SAMSUNG_USDT | −0.0572% | 4h | 199.44 | +0.045% | $12.2M | $29.1M | 75x | as long as short |
| Aftermath Perps SAMSUNGUSD | −0.0517% | 1h | 199.25 | −0.052% | $776 | $30K | 5x | as long as short |
| Pacifica SAMSUNG | −0.0351% | 1h | 199.45 | +0.050% | $83K | $23K | 10x | as long as short |
| SunX SAMSUNG-USDT | 0.0000% | 4h | 199.30 | −0.025% | $843 | $548K | 10x | as long as short |
| Phemex SAMSUNGUSDT | 0.0000% | 8h | 199.37 | +0.010% | $2.6M | $1.2M | 10x | as long as short |
| SoDEX SAMSUNG-USD | +0.0017% | 1h | 199.24 | −0.055% | $3K | $3K | 10x | as long as short |
| Polymarket Perps SAMSUNG-USD | +0.0050% | 1h | 199.60 | +0.125% | $44K | $52K | 10x | as long as short |
| Orderly PERP_SAMSUNG_USDC_mythos | +0.0060% | 8h | 199.26 | −0.045% | $3K | $579 | 10x | as long as short |
| ApeX Omni SAMSUNGUSDT | +0.0100% | 1h | 199.96 | +0.306% | $5K | $139K | 50x | as long as short |
| Aevo SMSN-PERP | +0.0104% | 1h | 199.07 | −0.141% | $32K | — | 10x | as long as short |
| Kraken Futures PF_SAMSUNGUSD | +0.1681% | 1h | 199.32 | −0.016% | $45K | $15K | 20x | as long as short |
Ondo Perps SMSN-USD.P
edgeX SAMSUNGUSDC
OKX SAMSUNG-USDT-SWAP
Gate SAMSUNG_USDT
Aftermath Perps SAMSUNGUSD
Pacifica SAMSUNG
SunX SAMSUNG-USDT
Phemex SAMSUNGUSDT
SoDEX SAMSUNG-USD
Polymarket Perps SAMSUNG-USD
Orderly PERP_SAMSUNG_USDC_mythos
ApeX Omni SAMSUNGUSDT
Aevo SMSN-PERP
Kraken Futures PF_SAMSUNGUSD