Funding arb · Price arb /

SAMSUNG

RWAall SAMSUNG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0521%/8h= −57.0% APRpaid last 24h −0.132%

Price spread now: Bybit against Gate−0.063%7-day average −0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$490.486% of the position

Long on Gate Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.056%−$6 on $10k

Price spread, last 7 days+0.017%+$2 · spread now −0.063%, 7d avg −0.008%

Together, before fees−0.039%−$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Bybit is 0.055% cheaper against Gate than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.008%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.056% in total (about -2.9% 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	Gate SAMSUNG_USDT	205.97	0	get 0.0000% / 4h	3h 09m	$7.4M	$23.0M	75x
Short	Bybit SAMSUNGUSDT	205.84	−0.0521	pay 0.0521% / 8h	7h 09m	$7.4M	$15.4M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee BybitbpOrdersPrice spread, now −0.063%Rate

Funding earned: −$109.32
Price spread: −0.063% → −0.008%: −$5.5
Slippage, 4 orders: −$22.61
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$163.43
Costs to cover: 0.486%
Break-even: never at this rate

Slippage from Gate: live order book, 4 min ago; Bybit: live order book, 4 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 Gate live order book, 4 min ago	1.70 bp	15.5 bp −$16	38.4 bp −$384	47.5 bp −$4,746	82.5 bp −$41.3K
Sell Bybit live order book, 4 min ago	0.97 bp	11.8 bp −$12	17.6 bp −$176	136.2 bp −$13.6K	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
Bybit SAMSUNGUSDTshort	−0.0521%	8h	205.84	−0.063%	$7.4M	$15.4M	100x
tradeXYZ xyz:SMSN	−0.0361%	1h	205.80	−0.083%	$43.9M	$46.6M	10x	as long as short
edgeX SAMSUNGUSDC	−0.0304%	4h	206.32	+0.169%	$254K	$469K	10x	as long as short
OKX SAMSUNG-USDT-SWAP	0.0000%	8h	205.92	−0.024%	$6.0M	$24.7M	25x	as long as short
Gate SAMSUNG_USDTlong	0.0000%	4h	205.97	long leg	$7.4M	$23.0M	75x
GRVT SAMSUNG_USDT_Perp	0.0000%	4h	205.93	−0.019%	$24K	$157K	10x	as long as short
SunX SAMSUNG-USDT	0.0000%	4h	205.91	−0.029%	$972	$1.2M	10x	as long as short
HTX SAMSUNG-USDT	0.0000%	4h	205.81	−0.078%	$75K	$132K	20x	as long as short
Phemex SAMSUNGUSDT	0.0000%	8h	205.84	−0.063%	$2.7M	$1.3M	10x	as long as short
Polymarket Perps SAMSUNG-USD	+0.0050%	1h	205.80	−0.083%	$45K	$113K	10x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX SAMSUNG-USD	+0.0050%	1h	205.84	−0.063%	$3K	$3K	10x	as long as short
Ondo Perps SMSN-USD.P	+0.0050%	1h	205.86	−0.053%	$314K	$272K	10x	as long as short
Pacifica SAMSUNG	+0.0100%	1h	205.83	−0.067%	$83K	$55K	10x	as long as short
KuCoin SAMSUNGUSDTM	+0.0100%	4h	205.94	−0.015%	$563K	$113K	20x	as long as short
ApeX Omni SAMSUNGUSDT	+0.0100%	1h	206.33	+0.175%	$5K	$142K	50x	as long as short
Orderly PERP_SAMSUNG_USDC_mythos	+0.0100%	8h	205.98	+0.005%	$3K	$488	10x	as long as short
Bitget SAMSUNGUSDT	+0.0132%	4h	206.09	+0.058%	$3.5M	$13.7M	20x	as long as short
Binance SAMSUNGUSDT	+0.0205%	4h	205.99	+0.009%	$23.7M	$152.9M	25x	as long as short
Extended SAMSUNG-USD	+0.0208%	1h	205.99	+0.012%	$194K	$84K	10x	as long as short
BloFin SAMSUNG-USDT	+0.0209%	4h	205.85	−0.058%	$323K	$217K	25x	as long as short
Aster SAMSUNGUSDT	+0.0243%	4h	205.92	−0.023%	$105K	$139K	50x	as long as short
Aevo SMSN-PERP	+0.0464%	1h	205.95	−0.011%	$33K	—	10x	as long as short
Kraken Futures PF_SAMSUNGUSD	+0.0811%	1h	205.64	−0.161%	$47K	$17K	20x	as long as short
Aftermath Perps SAMSUNGUSD	+0.3732%	1h	205.91	−0.028%	$917	$31K	5x	as long as short