Funding arb · Price arb /

SAMSUNG

RWAall SAMSUNG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0290%/8h= +31.8% APRpaid last 24h +0.006%

Price spread now: Bitget against Phemex+0.078%7-day average +0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs−$106as in the Funding arb table

Net, price: spread back to 7d avg − costs−$113as in the Price arb table

costs, in and out, $10k−$1161.161% of the position

Long on Phemex Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.100%+$10 on $10k

Price spread, last 3 days (all we have)−0.077%−$8 · spread now +0.078%, 7d avg +0.042%

Together, before fees+0.023%+$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Bitget is 0.036% dearer against Phemex than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.042%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.100% in total (about 5.2% 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	Phemex SAMSUNGUSDT	205.20	0	get 0.0000% / 8h	25m 16s	$2.7M	$1.3M	10x
Short	Bitget SAMSUNGUSDT	205.36	0.0290	get 0.0145% / 4h	25m 16s	$4.7M	$13.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.078%Rate

Funding earned: $60.9
Price spread: +0.078% → +0.042%: $3.55
Slippage, 4 orders: −$92.08
Fee Phemex: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$51.63
Costs to cover: 1.161%
Break-even: 12.9 days

Slippage from Phemex: live order book, 3 min ago; Bitget: 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 Phemex live order book, 3 min ago	4.62 bp	43.8 bp −$44	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	0.73 bp	9.8 bp −$10	19.0 bp −$190	29.9 bp −$2,990	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	−0.0331%	1h	204.97	−0.112%	$45.6M	$48.4M	10x	as long as short
Bybit SAMSUNGUSDT	0.0000%	8h	205.17	−0.015%	$5.9M	$14.4M	100x	as long as short
Gate SAMSUNG_USDT	0.0000%	4h	205.19	−0.005%	$7.5M	$24.4M	75x	as long as short
SunX SAMSUNG-USDT	0.0000%	4h	205.49	+0.141%	$951	$1.4M	10x	as long as short
HTX SAMSUNG-USDT	0.0000%	4h	205.18	−0.010%	$75K	$161K	20x	as long as short
Phemex SAMSUNGUSDTlong	0.0000%	8h	205.20	long leg	$2.7M	$1.3M	10x
OKX SAMSUNG-USDT-SWAP	+0.0032%	8h	205.10	−0.049%	$5.5M	$23.6M	25x	as long as short
Polymarket Perps SAMSUNG-USD	+0.0050%	1h	205.20	0.000%	$45K	$307K	10x	as long as short
SoDEX SAMSUNG-USD	+0.0092%	1h	205.15	−0.024%	$3K	$3K	10x	as long as short
Pacifica SAMSUNG	+0.0100%	1h	205.14	−0.031%	$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	205.44	+0.117%	$563K	$153K	20x	as long as short
ApeX Omni SAMSUNGUSDT	+0.0100%	1h	205.62	+0.205%	$5K	$142K	50x	as long as short
Orderly PERP_SAMSUNG_USDC_mythos	+0.0100%	8h	205.26	+0.029%	$3K	$488	10x	as long as short
Ondo Perps SMSN-USD.P	+0.0277%	1h	205.60	+0.195%	$325K	$243K	10x	as long as short
Bitget SAMSUNGUSDTshort	+0.0290%	4h	205.36	+0.078%	$4.7M	$13.8M	20x
edgeX SAMSUNGUSDC	+0.0297%	4h	205.54	+0.167%	$244K	$432K	10x	as long as short
BloFin SAMSUNG-USDT	+0.0389%	4h	205.23	+0.015%	$299K	$221K	25x	as long as short
Aster SAMSUNGUSDT	+0.0436%	4h	205.19	−0.006%	$104K	$151K	50x	as long as short
Binance SAMSUNGUSDT	+0.0440%	4h	205.20	0.000%	$24.0M	$162.9M	25x	as long as short
Extended SAMSUNG-USD	+0.0440%	1h	205.16	−0.019%	$198K	$94K	10x	as long as short
Aevo SMSN-PERP	+0.0552%	1h	205.35	+0.072%	$32K	—	10x	as long as short
GRVT SAMSUNG_USDT_Perp	+0.0592%	4h	205.24	+0.019%	$24K	$170K	10x	as long as short
Aftermath Perps SAMSUNGUSD	+0.1238%	1h	205.06	−0.069%	$955	$32K	5x	as long as short
Kraken Futures PF_SAMSUNGUSD	+0.1625%	1h	205.12	−0.040%	$47K	$21K	20x	as long as short