Funding you earn now, next payment 08:00 UTC−0.0433%/8h= −47.4% APRnext payment −$4.33 per $10,000 · paid last 24h −0.131%
Price spread now: Bybit against Phemex−0.040%7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1201.203% of the position
Funding, last 7 days−0.082%−$8 on $10k
+Price spread, last 4 days (all we have)+0.022%+$2 · spread now −0.040%, 7d avg +0.019%
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Bybit is 0.058% cheaper against Phemex than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.019%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.082% in total (about -4.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.33 per $10,000. 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 | 201.88 | 0 | get 0.0000% / 8h | 18m 00s | $2.7M | $1.2M | 10x |
| Short | Bybit SAMSUNGUSDT | 201.80 | −0.0433 | pay 0.0433% / 8h | 18m 00s | $8.0M | $15.7M | 100x |
Phemex SAMSUNGUSDT
Bybit SAMSUNGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Phemex. 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
- −$90.84
- Price spread: −0.040% → +0.019%
- −$5.84
- Slippage, 4 orders
- −$97.28
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$216.96
- Costs to cover
- 1.203%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 6 min ago; Bybit: live order book, just now.
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, 6 min ago | 1.98 bp | 55.5 bp −$56 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, just now | 0.99 bp | 10.9 bp −$11 | 18.1 bp −$181 | 168.0 bp −$16.8K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SAMSUNGUSDT | −0.0976% | 4h | 201.97 | +0.045% | $23.9M | $168.4M | 25x | as long as short |
| Extended SAMSUNG-USD | −0.0976% | 1h | 201.92 | +0.019% | $190K | $69K | 10x | as long as short |
| GRVT SAMSUNG_USDT_Perp | −0.0966% | 4h | 202.06 | +0.087% | $22K | $209K | 10x | as long as short |
| BloFin SAMSUNG-USDT | −0.0960% | 4h | 202.00 | +0.059% | $332K | $241K | 25x | as long as short |
| Aster SAMSUNGUSDT | −0.0938% | 4h | 202.14 | +0.127% | $104K | $108K | 50x | as long as short |
| tradeXYZ xyz:SMSN | −0.0793% | 1h | 201.63 | −0.124% | $43.5M | $48.6M | 10x | as long as short |
| Bitget SAMSUNGUSDT | −0.0568% | 4h | 202.02 | +0.069% | $4.0M | $16.1M | 20x | as long as short |
| KuCoin SAMSUNGUSDTM | −0.0532% | 4h | 201.79 | −0.045% | $550K | $129K | 20x | as long as short |
| OKX SAMSUNG-USDT-SWAP | −0.0523% | 8h | 201.84 | −0.020% | $6.0M | $22.4M | 25x | as long as short |
| Bybit SAMSUNGUSDTshort | −0.0433% | 8h | 201.80 | −0.040% | $8.0M | $15.7M | 100x |
Binance SAMSUNGUSDT
Extended SAMSUNG-USD
GRVT SAMSUNG_USDT_Perp
BloFin SAMSUNG-USDT
Aster SAMSUNGUSDT
tradeXYZ xyz:SMSN
Bitget SAMSUNGUSDT
KuCoin SAMSUNGUSDTM
OKX SAMSUNG-USDT-SWAPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SAMSUNG-USDT | −0.0388% | 4h | 201.99 | +0.054% | $62K | $115K | 20x | as long as short |
| edgeX SAMSUNGUSDC | −0.0337% | 4h | 201.79 | −0.043% | $248K | $368K | 10x | as long as short |
| Aftermath Perps SAMSUNGUSD | −0.0314% | 1h | 201.80 | −0.037% | $778 | $29K | 5x | as long as short |
| Ondo Perps SMSN-USD.P | −0.0275% | 1h | 201.84 | −0.020% | $313K | $236K | 10x | as long as short |
| Pacifica SAMSUNG | −0.0234% | 1h | 201.86 | −0.009% | $84K | $15K | 10x | as long as short |
| Gate SAMSUNG_USDT | 0.0000% | 4h | 201.96 | +0.040% | $11.9M | $28.1M | 75x | as long as short |
| SunX SAMSUNG-USDT | 0.0000% | 4h | 202.01 | +0.064% | $897 | $577K | 10x | as long as short |
| Phemex SAMSUNGUSDTlong | 0.0000% | 8h | 201.88 | long leg | $2.7M | $1.2M | 10x | |
| Polymarket Perps SAMSUNG-USD | +0.0050% | 1h | 201.92 | +0.020% | $45K | $55K | 10x | as long as short |
| SoDEX SAMSUNG-USD | +0.0050% | 1h | 201.96 | +0.040% | $3K | $3K | 10x | as long as short |
| Orderly PERP_SAMSUNG_USDC_mythos | +0.0093% | 8h | 202.05 | +0.084% | $3K | $545 | 10x | as long as short |
| ApeX Omni SAMSUNGUSDT | +0.0100% | 1h | 201.88 | 0.000% | $5K | $138K | 50x | as long as short |
| Aevo SMSN-PERP | +0.0136% | 1h | 201.93 | +0.025% | $32K | — | 10x | as long as short |
| Kraken Futures PF_SAMSUNGUSD | +0.0573% | 1h | 201.77 | −0.055% | $46K | $15K | 20x | as long as short |
HTX SAMSUNG-USDT
edgeX SAMSUNGUSDC
Aftermath Perps SAMSUNGUSD
Ondo Perps SMSN-USD.P
Pacifica SAMSUNG
Gate SAMSUNG_USDT
SunX SAMSUNG-USDT
Polymarket Perps SAMSUNG-USD
SoDEX SAMSUNG-USD
Orderly PERP_SAMSUNG_USDC_mythos
ApeX Omni SAMSUNGUSDT
Aevo SMSN-PERP
Kraken Futures PF_SAMSUNGUSD