Funding arb · Price arb /

SAMSUNG

RWAall SAMSUNG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.040%

Price spread now: GRVT against Phemex−0.434%77s7-day average +0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$3,881as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$3,89038.900% of the position

Long on Phemex Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.086%+$9 on $10k

Price spread, last 3 days (all we have)+0.393%+$39 · spread now −0.434%, 7d avg +0.017%

Together, before fees+0.479%+ Points / potential airdropGRVT: Active · farm board+$48 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.450% cheaper against Phemex than usual: you would sell low and buy high, −$45 on $10k if it goes back to its 7-day average of +0.017%. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex SAMSUNGUSDT	206.13	0	get 0.0000% / 8h	7h 25m	$2.7M	$1.3M	10x
Short	GRVT SAMSUNG_USDT_Perp	205.24	0	get 0.0000% / 4h	3h 25m	$25K	$160K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.434%Rate

Funding earned: $0
Price spread: −0.434% → +0.017%: −$45.02
Slippage, 4 orders: −$3,869.01
Fee Phemex: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$3,935.02
Costs to cover: 38.900%
Break-even: never at this rate

Slippage from Phemex: live order book, 3 min ago; GRVT: live order book, 46 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	0.97 bp	40.4 bp −$40	doesn't fit	doesn't fit	doesn't fit
Sell GRVT live order book, 46 min ago	730.10 bp	919.6 bp −$920	doesn't fit	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
Bybit SAMSUNGUSDT	−0.0696%	8h	206.23	+0.049%	$7.3M	$15.4M	100x	as long as short
edgeX SAMSUNGUSDC	−0.0540%	4h	205.49	−0.312%	$253K	$466K	10x	as long as short
tradeXYZ xyz:SMSN	−0.0388%	1h	206.16	+0.015%	$44.2M	$47.8M	10x	as long as short
OKX SAMSUNG-USDT-SWAP	0.0000%	8h	206.18	+0.024%	$6.0M	$24.7M	25x	as long as short
Gate SAMSUNG_USDT	0.0000%	4h	206.23	+0.049%	$7.4M	$22.8M	75x	as long as short
GRVT SAMSUNG_USDT_Perpshort	0.0000%	4h	205.24	−0.434%	$25K	$160K	10x
SunX SAMSUNG-USDT	0.0000%	4h	206.34	+0.102%	$972	$1.2M	10x	as long as short
HTX SAMSUNG-USDT	0.0000%	4h	206.28	+0.073%	$75K	$133K	20x	as long as short
Phemex SAMSUNGUSDTlong	0.0000%	8h	206.13	long leg	$2.7M	$1.3M	10x
Polymarket Perps SAMSUNG-USD	+0.0050%	1h	206.28	+0.073%	$45K	$113K	10x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX SAMSUNG-USD	+0.0050%	1h	206.34	+0.102%	$3K	$3K	10x	as long as short
Ondo Perps SMSN-USD.P	+0.0050%	1h	206.23	+0.049%	$315K	$273K	10x	as long as short
Pacifica SAMSUNG	+0.0100%	1h	206.31	+0.089%	$83K	$55K	10x	as long as short
KuCoin SAMSUNGUSDTM	+0.0100%	4h	206.23	+0.049%	$564K	$113K	20x	as long as short
ApeX Omni SAMSUNGUSDT	+0.0100%	1h	205.86	−0.131%	$5K	$142K	50x	as long as short
Orderly PERP_SAMSUNG_USDC_mythos	+0.0100%	8h	206.42	+0.141%	$3K	$488	10x	as long as short
Bitget SAMSUNGUSDT	+0.0174%	4h	206.38	+0.121%	$3.6M	$13.7M	20x	as long as short
BloFin SAMSUNG-USDT	+0.0253%	4h	206.37	+0.116%	$324K	$218K	25x	as long as short
Binance SAMSUNGUSDT	+0.0286%	4h	206.29	+0.076%	$23.6M	$154.8M	25x	as long as short
Extended SAMSUNG-USD	+0.0296%	1h	206.29	+0.080%	$194K	$84K	10x	as long as short
Aster SAMSUNGUSDT	+0.0337%	4h	206.42	+0.143%	$106K	$138K	50x	as long as short
Aevo SMSN-PERP	+0.0488%	1h	206.46	+0.162%	$33K	—	10x	as long as short
Kraken Futures PF_SAMSUNGUSD	+0.0809%	1h	206.24	+0.054%	$47K	$17K	20x	as long as short
Aftermath Perps SAMSUNGUSD	+0.4922%	1h	205.70	−0.209%	$839	$31K	5x	as long as short