Funding arb · Price arb /

SAMSUNG

RWAall SAMSUNG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0281%/8h= −30.7% APRpaid last 24h +0.075%

Price spread now: Ondo Perps against Orderly−0.113%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Orderly Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Ondo Perps is 0.113% cheaper against Orderly than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_SAMSUNG_USDC_mythos	203.76	0.0100	pay 0.0100% / 8h	1h 28m	$3K	$545	10x
Short	Ondo Perps SMSN-USD.P	203.53	−0.0181	pay 0.0023% / 1h	28m 19s	$316K	$254K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Orderly. 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 OrderlybpFee Ondo PerpsbpOrdersPrice spread, now −0.113%Rate

Funding earned: −$58.97
Price spread: −0.113% → 0.000%: −$11.29
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$81.26
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Ondo Perps: no order-book sample. 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 Orderly no order-book sample	—	—	—	—	—
Sell Ondo Perps no order-book sample	—	—	—	—	—

Orderly and 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
Kraken Futures PF_SAMSUNGUSD	−0.1167%	1h	203.74	−0.012%	$46K	$15K	20x	as long as short
tradeXYZ xyz:SMSN	−0.0835%	1h	203.55	−0.103%	$43.3M	$48.4M	10x	as long as short
OKX SAMSUNG-USDT-SWAP	−0.0483%	8h	203.45	−0.152%	$6.2M	$22.6M	25x	as long as short
Aftermath Perps SAMSUNGUSD	−0.0482%	1h	203.71	−0.026%	$840	$30K	5x	as long as short
Bybit SAMSUNGUSDT	−0.0386%	8h	203.64	−0.059%	$8.1M	$15.7M	100x	as long as short
BloFin SAMSUNG-USDT	−0.0258%	4h	203.87	+0.054%	$341K	$239K	25x	as long as short
Binance SAMSUNGUSDT	−0.0226%	4h	203.73	−0.017%	$25.0M	$167.0M	25x	as long as short
Extended SAMSUNG-USD	−0.0224%	1h	203.72	−0.018%	$192K	$70K	10x	as long as short
GRVT SAMSUNG_USDT_Perp	−0.0224%	4h	203.77	+0.005%	$22K	$201K	10x	as long as short
Ondo Perps SMSN-USD.Pshort	−0.0181%	1h	203.53	−0.113%	$316K	$254K	10x

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster SAMSUNGUSDT	−0.0177%	4h	204.09	+0.161%	$105K	$115K	50x	as long as short
KuCoin SAMSUNGUSDTM	−0.0078%	4h	203.59	−0.083%	$556K	$116K	20x	as long as short
Polymarket Perps SAMSUNG-USD	−0.0076%	1h	203.60	−0.079%	$45K	$55K	10x	as long as short
edgeX SAMSUNGUSDC	−0.0010%	4h	203.75	−0.007%	$250K	$369K	10x	as long as short
Gate SAMSUNG_USDT	0.0000%	4h	203.79	+0.015%	$11.8M	$26.9M	75x	as long as short
Bitget SAMSUNGUSDT	0.0000%	4h	203.76	0.000%	$4.3M	$15.9M	20x	as long as short
SunX SAMSUNG-USDT	0.0000%	4h	203.60	−0.079%	$914	$646K	10x	as long as short
HTX SAMSUNG-USDT	0.0000%	4h	203.91	+0.074%	$62K	$114K	20x	as long as short
Phemex SAMSUNGUSDT	0.0000%	8h	203.58	−0.088%	$2.7M	$1.2M	10x	as long as short
SoDEX SAMSUNG-USD	+0.0050%	1h	203.56	−0.098%	$3K	$3K	10x	as long as short
Pacifica SAMSUNG	+0.0100%	1h	203.75	−0.005%	$84K	$15K	10x	as long as short
ApeX Omni SAMSUNGUSDT	+0.0100%	1h	204.15	+0.191%	$5K	$139K	50x	as long as short
Orderly PERP_SAMSUNG_USDC_mythoslong	+0.0100%	8h	203.76	long leg	$3K	$545	10x
Aevo SMSN-PERP	+0.0112%	1h	203.60	−0.078%	$32K	—	10x	as long as short