Funding arb · Price arb /

SAMSUNG

RWAall SAMSUNG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.027%

Price spread now: ApeX Omni against Phemex−0.151%7-day average 0.000% · you buy dearer than you sell

Net, funding: paid 7d − costs−$182as in the Funding arb table

Net, price: spread back to 7d avg − costs−$218as in the Price arb table

costs, in and out, $10k−$2032.026% of the position

Long on Phemex Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.205%+$20 on $10k

Price spread, last 3 days (all we have)+0.095%+$9 · spread now −0.151%, 7d avg 0.000%

Together, before fees+0.300%+$30 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.151% cheaper against Phemex than usual: you would sell low and buy high (spread −0.151% now, against its 7-day average of 0.000%). If the spread goes back, that is −$15 on $10k: about 5.0 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex SAMSUNGUSDT	205.73	0	get 0.0000% / 8h	15m 24s	$2.7M	$1.3M	10x
Short	ApeX Omni SAMSUNGUSDT	205.42	0.0100	get 0.0013% / 1h	15m 24s	$5K	$142K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Phemex. 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 PhemexbpFee ApeX OmnibpOrdersPrice spread, now −0.151%Rate

Funding earned: $21
Price spread: −0.151% → 0.000%: −$15.06
Slippage, 4 orders: −$180.62
Fee Phemex: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$196.68
Costs to cover: 2.026%
Break-even: 72.6 days

Slippage from Phemex: live order book, 3 min ago; ApeX Omni: live order book, 60 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 Phemex live order book, 3 min ago	2.91 bp	56.7 bp −$57	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 60 min ago	23.53 bp	41.6 bp −$42	200.0 bp −$2,000	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	−0.0365%	1h	205.45	−0.136%	$45.6M	$48.5M	10x	as long as short
Bybit SAMSUNGUSDT	0.0000%	8h	205.64	−0.044%	$5.9M	$14.4M	100x	as long as short
Gate SAMSUNG_USDT	0.0000%	4h	205.65	−0.039%	$7.6M	$24.9M	75x	as long as short
SunX SAMSUNG-USDT	0.0000%	4h	205.81	+0.039%	$994	$1.4M	10x	as long as short
HTX SAMSUNG-USDT	0.0000%	4h	205.72	−0.005%	$75K	$161K	20x	as long as short
Phemex SAMSUNGUSDTlong	0.0000%	8h	205.73	long leg	$2.7M	$1.3M	10x
OKX SAMSUNG-USDT-SWAP	+0.0008%	8h	205.62	−0.053%	$5.5M	$23.7M	25x	as long as short
Polymarket Perps SAMSUNG-USD	+0.0050%	1h	205.68	−0.024%	$45K	$306K	10x	as long as short
SoDEX SAMSUNG-USD	+0.0070%	1h	205.70	−0.015%	$3K	$3K	10x	as long as short
Pacifica SAMSUNG	+0.0100%	1h	205.58	−0.073%	$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	205.86	+0.063%	$564K	$153K	20x	as long as short
ApeX Omni SAMSUNGUSDTshort	+0.0100%	1h	205.42	−0.151%	$5K	$142K	50x
Orderly PERP_SAMSUNG_USDC_mythos	+0.0100%	8h	205.76	+0.015%	$3K	$488	10x	as long as short
edgeX SAMSUNGUSDC	+0.0121%	4h	205.75	+0.011%	$245K	$439K	10x	as long as short
Ondo Perps SMSN-USD.P	+0.0217%	1h	205.80	+0.034%	$326K	$243K	10x	as long as short
Bitget SAMSUNGUSDT	+0.0362%	4h	205.80	+0.034%	$4.7M	$13.8M	20x	as long as short
BloFin SAMSUNG-USDT	+0.0517%	4h	205.79	+0.029%	$301K	$222K	25x	as long as short
Extended SAMSUNG-USD	+0.0528%	1h	205.68	−0.024%	$198K	$94K	10x	as long as short
Aster SAMSUNGUSDT	+0.0531%	4h	205.40	−0.160%	$104K	$151K	50x	as long as short
Binance SAMSUNGUSDT	+0.0540%	4h	205.72	−0.005%	$24.1M	$163.2M	25x	as long as short
Aevo SMSN-PERP	+0.0552%	1h	205.90	+0.080%	$33K	—	10x	as long as short
GRVT SAMSUNG_USDT_Perp	+0.0620%	4h	205.81	+0.040%	$24K	$168K	10x	as long as short
Aftermath Perps SAMSUNGUSD	+0.1287%	1h	205.53	−0.097%	$945	$32K	5x	as long as short
Kraken Futures PF_SAMSUNGUSD	+0.1621%	1h	205.62	−0.055%	$47K	$21K	20x	as long as short