Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.047%
Price spread now: Phemex against KuCoin−0.068%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$296as in the Funding arb table
Net, price: spread back to 7d avg − costs−$271as in the Price arb table
costs, in and out, $10k−$2652.650% of the position
Funding, last 7 days−0.306%−$31 on $10k
+Price spread, last 4 days (all we have)+0.119%+$12 · spread now −0.068%, 7d avg −0.008%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Phemex is 0.060% cheaper against KuCoin 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SAMSUNGUSDTM | 204.94 | 0.0100 | pay 0.0050% / 4h | 2h 45m | $561K | $66K | 20x |
| Short | Phemex SAMSUNGUSDT | 204.80 | 0 | get 0.0000% / 8h | 2h 45m | $2.7M | $1.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against KuCoin. 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
- −$21
- Price spread: −0.068% → −0.008%
- −$5.99
- Slippage, 4 orders
- −$241
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$291.99
- Costs to cover
- 2.650%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 14 min ago; Phemex: live order book, 3 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 KuCoin live order book, 14 min ago | 16.39 bp | 70.7 bp −$71 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 0.24 bp | 67.0 bp −$67 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SAMSUNGUSD | −0.0957% | 1h | 204.68 | −0.128% | $46K | $17K | 20x | as long as short |
| tradeXYZ xyz:SMSN | −0.0845% | 1h | 204.95 | +0.005% | $44.1M | $46.0M | 10x | as long as short |
| edgeX SAMSUNGUSDC | −0.0712% | 4h | 204.80 | −0.068% | $253K | $353K | 10x | as long as short |
| Aftermath Perps SAMSUNGUSD | −0.0360% | 1h | 204.95 | +0.006% | $887 | $31K | 5x | as long as short |
| GRVT SAMSUNG_USDT_Perp | −0.0316% | 4h | 204.95 | +0.005% | $24K | $188K | 10x | as long as short |
| Bybit SAMSUNGUSDT | −0.0304% | 8h | 204.96 | +0.010% | $7.7M | $15.1M | 100x | as long as short |
| OKX SAMSUNG-USDT-SWAP | −0.0283% | 8h | 204.80 | −0.068% | $6.2M | $22.7M | 25x | as long as short |
| Ondo Perps SMSN-USD.P | −0.0146% | 1h | 204.66 | −0.137% | $318K | $255K | 10x | as long as short |
| Polymarket Perps SAMSUNG-USD | −0.0142% | 1h | 205.00 | +0.029% | $45K | $55K | 10x | as long as short |
| Aster SAMSUNGUSDT | 0.0000% | 4h | 204.96 | +0.010% | $106K | $119K | 50x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended SAMSUNG-USD | 0.0000% | 1h | 205.02 | +0.041% | $193K | $71K | 10x | as long as short |
| Binance SAMSUNGUSDT | 0.0000% | 4h | 205.03 | +0.045% | $25.1M | $157.6M | 25x | as long as short |
| Gate SAMSUNG_USDT | 0.0000% | 4h | 205.12 | +0.088% | $11.4M | $25.5M | 75x | as long as short |
| Bitget SAMSUNGUSDT | 0.0000% | 4h | 205.22 | +0.137% | $4.4M | $15.4M | 20x | as long as short |
| SunX SAMSUNG-USDT | 0.0000% | 4h | 205.07 | +0.063% | $995 | $783K | 10x | as long as short |
| HTX SAMSUNG-USDT | 0.0000% | 4h | 204.95 | +0.005% | $67K | $102K | 20x | as long as short |
| Phemex SAMSUNGUSDTshort | 0.0000% | 8h | 204.80 | −0.068% | $2.7M | $1.2M | 10x | |
| BloFin SAMSUNG-USDT | +0.0043% | 4h | 205.02 | +0.039% | $338K | $228K | 25x | as long as short |
| SoDEX SAMSUNG-USD | +0.0050% | 1h | 204.98 | +0.020% | $3K | $3K | 10x | as long as short |
| Pacifica SAMSUNG | +0.0100% | 1h | 205.00 | +0.031% | $85K | $31K | 10x | as long as short |
| KuCoin SAMSUNGUSDTMlong | +0.0100% | 4h | 204.94 | long leg | $561K | $66K | 20x | |
| ApeX Omni SAMSUNGUSDT | +0.0100% | 1h | 204.92 | −0.010% | $5K | $139K | 50x | as long as short |
| Orderly PERP_SAMSUNG_USDC_mythos | +0.0100% | 8h | 205.06 | +0.059% | $3K | $545 | 10x | as long as short |
| Aevo SMSN-PERP | +0.0168% | 1h | 205.09 | +0.075% | $32K | — | 10x | as long as short |
KuCoin SAMSUNGUSDTM
Phemex SAMSUNGUSDT
Kraken Futures PF_SAMSUNGUSD
tradeXYZ xyz:SMSN
edgeX SAMSUNGUSDC
Aftermath Perps SAMSUNGUSD
GRVT SAMSUNG_USDT_Perp
Bybit SAMSUNGUSDT
OKX SAMSUNG-USDT-SWAP
Polymarket Perps SAMSUNG-USD
Aster SAMSUNGUSDT
Extended SAMSUNG-USD
Binance SAMSUNGUSDT
Gate SAMSUNG_USDT
Bitget SAMSUNGUSDT
SunX SAMSUNG-USDT
HTX SAMSUNG-USDT
BloFin SAMSUNG-USDT
SoDEX SAMSUNG-USD
Pacifica SAMSUNG
ApeX Omni SAMSUNGUSDT