Funding you earn now, next payment 00:00 UTC−0.0752%/8h= −82.3% APRpaid last 24h +0.070%
Price spread now: Phemex against edgeX+0.301%78s7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$193as 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−$1491.495% of the position
Funding, last 7 days−0.440%−$44 on $10k
+Price spread, last 3 days (all we have)−0.240%−$24 · spread now +0.301%, 7d avg +0.010%
=Together, before fees−0.679%+ Points / potential airdropedgeX: Active · farm board−$68 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Phemex is 0.291% dearer against edgeX than usual: you sell high and buy low (spread +0.301% now, against its 7-day average of +0.010%): +$29 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 31 hours. At the pace of the last 7 days (−0.440% in total) that is about 4.6 days. The two prices were read 78 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 -0.440% in total (about -22.9% 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 | edgeX SAMSUNGUSDC | 205.17 | 0.0752 | pay 0.0376% / 4h | 17m 46s | $244K | $434K | 10x |
| Short | Phemex SAMSUNGUSDT | 205.79 | 0 | get 0.0000% / 8h | 17m 46s | $2.7M | $1.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against edgeX. 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
- −$157.86
- Price spread: +0.301% → +0.010%
- $29.09
- Slippage, 4 orders
- −$128.5
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$278.27
- Costs to cover
- 1.495%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 61 min ago; Phemex: live order book, 6 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 edgeX live order book, 61 min ago | 10.28 bp | 19.4 bp −$19 | 25.5 bp −$255 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 6 min ago | 0.98 bp | 38.7 bp −$39 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SMSN | −0.0398% | 1h | 205.43 | +0.125% | $45.6M | $48.5M | 10x | as long as short |
| Bybit SAMSUNGUSDT | 0.0000% | 8h | 205.75 | +0.281% | $5.9M | $14.4M | 100x | as long as short |
| Gate SAMSUNG_USDT | 0.0000% | 4h | 205.77 | +0.291% | $7.6M | $24.8M | 75x | as long as short |
| SunX SAMSUNG-USDT | 0.0000% | 4h | 205.93 | +0.369% | $995 | $1.4M | 10x | as long as short |
| HTX SAMSUNG-USDT | 0.0000% | 4h | 205.54 | +0.179% | $75K | $161K | 20x | as long as short |
| Phemex SAMSUNGUSDTshort | 0.0000% | 8h | 205.79 | +0.301% | $2.7M | $1.3M | 10x | |
| OKX SAMSUNG-USDT-SWAP | +0.0006% | 8h | 205.73 | +0.271% | $5.5M | $23.7M | 25x | as long as short |
| Polymarket Perps SAMSUNG-USD | +0.0050% | 1h | 205.44 | +0.130% | $45K | $306K | 10x | as long as short |
| SoDEX SAMSUNG-USD | +0.0050% | 1h | 205.61 | +0.213% | $3K | $3K | 10x | as long as short |
| Pacifica SAMSUNG | +0.0100% | 1h | 205.64 | +0.228% | $83K | $56K | 10x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SAMSUNGUSDTM | +0.0100% | 4h | 205.79 | +0.301% | $563K | $153K | 20x | as long as short |
| ApeX Omni SAMSUNGUSDT | +0.0100% | 1h | 205.33 | +0.076% | $5K | $142K | 50x | as long as short |
| Orderly PERP_SAMSUNG_USDC_mythos | +0.0100% | 8h | 205.83 | +0.320% | $3K | $488 | 10x | as long as short |
| Ondo Perps SMSN-USD.P | +0.0214% | 1h | 205.73 | +0.271% | $325K | $243K | 10x | as long as short |
| Bitget SAMSUNGUSDT | +0.0342% | 4h | 205.90 | +0.354% | $4.7M | $13.8M | 20x | as long as short |
| Extended SAMSUNG-USD | +0.0488% | 1h | 205.75 | +0.282% | $198K | $94K | 10x | as long as short |
| BloFin SAMSUNG-USDT | +0.0506% | 4h | 206.06 | +0.432% | $302K | $222K | 25x | as long as short |
| Binance SAMSUNGUSDT | +0.0512% | 4h | 205.81 | +0.310% | $24.0M | $163.2M | 25x | as long as short |
| Aster SAMSUNGUSDT | +0.0514% | 4h | 205.35 | +0.084% | $104K | $151K | 50x | as long as short |
| Aevo SMSN-PERP | +0.0552% | 1h | 205.78 | +0.294% | $33K | — | 10x | as long as short |
| GRVT SAMSUNG_USDT_Perp | +0.0558% | 4h | 205.23 | +0.027% | $24K | $168K | 10x | as long as short |
| edgeX SAMSUNGUSDClong | +0.0752% | 4h | 205.17 | long leg | $244K | $434K | 10x | |
| Aftermath Perps SAMSUNGUSD | +0.1270% | 1h | 205.59 | +0.205% | $889 | $32K | 5x | as long as short |
| Kraken Futures PF_SAMSUNGUSD | +0.1621% | 1h | 205.69 | +0.251% | $47K | $21K | 20x | as long as short |
edgeX SAMSUNGUSDC
Phemex SAMSUNGUSDT
tradeXYZ xyz:SMSN
Bybit SAMSUNGUSDT
Gate SAMSUNG_USDT
SunX SAMSUNG-USDT
HTX SAMSUNG-USDT
OKX SAMSUNG-USDT-SWAP
Polymarket Perps SAMSUNG-USD
SoDEX SAMSUNG-USD
Pacifica SAMSUNG
KuCoin SAMSUNGUSDTM
ApeX Omni SAMSUNGUSDT
Bitget SAMSUNGUSDT
Extended SAMSUNG-USD
BloFin SAMSUNG-USDT
Binance SAMSUNGUSDT
Aster SAMSUNGUSDT
GRVT SAMSUNG_USDT_Perp
Aftermath Perps SAMSUNGUSD
Kraken Futures PF_SAMSUNGUSD