Funding you earn now, next payment 09:00 UTC−0.0926%/8h= −101.5% APRpaid last 24h −0.137%
Price spread now: Bybit against Ondo Perps+0.196%47s7-day average +0.028% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.414%−$41 on $10k
+Price spread, last 4 days (all we have)−0.137%−$14 · spread now +0.196%, 7d avg +0.028%
=Together, before fees−0.551%+ Points / potential airdropOndo Perps: Active · farm board−$55 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.167% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.196% now, against its 7-day average of +0.028%): +$17 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 14 hours. At the pace of the last 7 days (−0.414% in total) that is about 2.8 days. The two prices were read 47 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 -0.414% in total (about -21.6% 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 | Ondo Perps SMSN-USD.P | 199.07 | −0.0666 | get 0.0083% / 1h | 26m 44s | $310K | $229K | 10x |
| Short | Bybit SAMSUNGUSDT | 199.46 | −0.1592 | pay 0.1592% / 8h | 7h 26m | $8.4M | $15.8M | 100x |
Ondo Perps SMSN-USD.P
Bybit SAMSUNGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Ondo Perps. 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
- −$194.56
- Price spread: +0.196% → +0.028%
- $16.75
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$193.82
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: Ondo Perps: no order-book sample; Bybit: live order book, 2 min ago. Net counts fees only.
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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 2 min ago | 1.51 bp | 12.1 bp −$12 | 19.2 bp −$192 | 158.3 bp −$15.8K | doesn't fit |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | +0.239% | $22K | $218K | 10x | as long as short |
| HTX SAMSUNG-USDT | −0.2166% | 4h | 199.29 | +0.111% | $61K | $107K | 20x | as long as short |
| Bybit SAMSUNGUSDTshort | −0.1592% | 8h | 199.46 | +0.196% | $8.4M | $15.8M | 100x | |
| Binance SAMSUNGUSDT | −0.1434% | 4h | 199.61 | +0.271% | $22.7M | $169.8M | 25x | as long as short |
| Extended SAMSUNG-USD | −0.1432% | 1h | 199.65 | +0.293% | $188K | $48K | 10x | as long as short |
| BloFin SAMSUNG-USDT | −0.1405% | 4h | 199.54 | +0.236% | $327K | $254K | 25x | as long as short |
| Aster SAMSUNGUSDT | −0.1382% | 4h | 200.53 | +0.732% | $104K | $110K | 50x | as long as short |
| Bitget SAMSUNGUSDT | −0.1068% | 4h | 199.66 | +0.296% | $3.6M | $16.7M | 20x | as long as short |
| KuCoin SAMSUNGUSDTM | −0.0870% | 4h | 199.47 | +0.201% | $684K | $233K | 20x | as long as short |
| tradeXYZ xyz:SMSN | −0.0766% | 1h | 199.28 | +0.105% | $43.1M | $49.3M | 10x | as long as short |
GRVT SAMSUNG_USDT_Perp
HTX SAMSUNG-USDT
Binance SAMSUNGUSDT
Extended SAMSUNG-USD
BloFin SAMSUNG-USDT
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.Plong | −0.0666% | 1h | 199.07 | long leg | $310K | $229K | 10x | |
| edgeX SAMSUNGUSDC | −0.0653% | 4h | 199.50 | +0.215% | $245K | $369K | 10x | as long as short |
| OKX SAMSUNG-USDT-SWAP | −0.0633% | 8h | 199.50 | +0.216% | $5.9M | $22.2M | 25x | as long as short |
| Gate SAMSUNG_USDT | −0.0572% | 4h | 199.64 | +0.286% | $12.2M | $29.1M | 75x | as long as short |
| Aftermath Perps SAMSUNGUSD | −0.0517% | 1h | 199.23 | +0.081% | $776 | $30K | 5x | as long as short |
| Pacifica SAMSUNG | −0.0351% | 1h | 199.45 | +0.191% | $83K | $23K | 10x | as long as short |
| SunX SAMSUNG-USDT | 0.0000% | 4h | 199.43 | +0.181% | $708 | $549K | 10x | as long as short |
| Phemex SAMSUNGUSDT | 0.0000% | 8h | 199.61 | +0.271% | $2.6M | $1.2M | 10x | as long as short |
| SoDEX SAMSUNG-USD | +0.0030% | 1h | 199.52 | +0.226% | $3K | $3K | 10x | as long as short |
| Polymarket Perps SAMSUNG-USD | +0.0050% | 1h | 199.60 | +0.266% | $44K | $52K | 10x | as long as short |
| Orderly PERP_SAMSUNG_USDC_mythos | +0.0054% | 8h | 199.46 | +0.196% | $3K | $579 | 10x | as long as short |
| ApeX Omni SAMSUNGUSDT | +0.0100% | 1h | 199.96 | +0.447% | $5K | $139K | 50x | as long as short |
| Aevo SMSN-PERP | +0.0104% | 1h | 199.23 | +0.078% | $32K | — | 10x | as long as short |
| Kraken Futures PF_SAMSUNGUSD | +0.1681% | 1h | 199.33 | +0.133% | $45K | $15K | 20x | as long as short |
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