Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.111%
Price spread now: Polymarket Perps against Phemex−0.087%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1211.207% of the position
Funding, last 7 days+0.447%+$45 on $10k
+Price spread, last 3 days (all we have)+0.009%+$1 · spread now −0.087%, 7d avg −0.042%
=Funding pays, the price is against you. Polymarket Perps is 0.045% cheaper against Phemex than usual: you would sell low and buy high (spread −0.087% now, against its 7-day average of −0.042%). If the spread goes back, that is −$5 on $10k: about 3.0 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.447% in total) that is about 17 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SAMSUNGUSDT | 206.38 | 0 | get 0.0000% / 8h | 7h 05m | $2.7M | $1.3M | 10x |
| Short | Polymarket Perps SAMSUNG-USD | 206.20 | 0.0050 | get 0.0006% / 1h | 5m 04s | $45K | $101K | 10x |
Phemex SAMSUNGUSDT
Polymarket Perps SAMSUNG-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- $10.5
- Price spread: −0.087% → −0.042%
- −$4.5
- Slippage, 4 orders
- −$100.68
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$114.68
- Costs to cover
- 1.207%
- Break-even
- 83.5 days
Slippage from Phemex: live order book, 3 min ago; Polymarket Perps: live order book, 2 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 | 1.70 bp | 60.4 bp −$60 | doesn't fit | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 2 min ago | 3.40 bp | 7.4 bp −$7 | 7.4 bp −$74 | 26.7 bp −$2,674 | 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 | −0.0521% | 8h | 206.28 | −0.048% | $7.4M | $15.5M | 100x | as long as short |
| tradeXYZ xyz:SMSN | −0.0355% | 1h | 206.21 | −0.082% | $44.0M | $46.9M | 10x | as long as short |
| edgeX SAMSUNGUSDC | −0.0271% | 4h | 206.28 | −0.048% | $253K | $412K | 10x | as long as short |
| OKX SAMSUNG-USDT-SWAP | 0.0000% | 8h | 206.26 | −0.058% | $6.0M | $23.3M | 25x | as long as short |
| Gate SAMSUNG_USDT | 0.0000% | 4h | 206.36 | −0.010% | $7.4M | $23.0M | 75x | as long as short |
| GRVT SAMSUNG_USDT_Perp | 0.0000% | 4h | 205.98 | −0.196% | $24K | $157K | 10x | as long as short |
| SunX SAMSUNG-USDT | 0.0000% | 4h | 206.40 | +0.010% | $1K | $1.2M | 10x | as long as short |
| HTX SAMSUNG-USDT | 0.0000% | 4h | 206.28 | −0.048% | $75K | $132K | 20x | as long as short |
| Phemex SAMSUNGUSDTlong | 0.0000% | 8h | 206.38 | long leg | $2.7M | $1.3M | 10x | |
| Polymarket Perps SAMSUNG-USDshort | +0.0050% | 1h | 206.20 | −0.087% | $45K | $101K | 10x |
Bybit SAMSUNGUSDT
tradeXYZ xyz:SMSN
edgeX SAMSUNGUSDC
OKX SAMSUNG-USDT-SWAP
Gate SAMSUNG_USDT
GRVT SAMSUNG_USDT_Perp
SunX SAMSUNG-USDT
HTX SAMSUNG-USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX SAMSUNG-USD | +0.0050% | 1h | 206.29 | −0.044% | $3K | $3K | 10x | as long as short |
| Ondo Perps SMSN-USD.P | +0.0050% | 1h | 206.03 | −0.170% | $315K | $273K | 10x | as long as short |
| Pacifica SAMSUNG | +0.0100% | 1h | 206.41 | +0.015% | $83K | $55K | 10x | as long as short |
| KuCoin SAMSUNGUSDTM | +0.0100% | 4h | 206.31 | −0.034% | $564K | $113K | 20x | as long as short |
| ApeX Omni SAMSUNGUSDT | +0.0100% | 1h | 205.94 | −0.213% | $5K | $142K | 50x | as long as short |
| Orderly PERP_SAMSUNG_USDC_mythos | +0.0100% | 8h | 206.46 | +0.039% | $3K | $488 | 10x | as long as short |
| Bitget SAMSUNGUSDT | +0.0110% | 4h | 206.43 | +0.024% | $3.5M | $13.7M | 20x | as long as short |
| BloFin SAMSUNG-USDT | +0.0154% | 4h | 206.44 | +0.029% | $324K | $218K | 25x | as long as short |
| Binance SAMSUNGUSDT | +0.0175% | 4h | 206.44 | +0.029% | $23.8M | $153.1M | 25x | as long as short |
| Extended SAMSUNG-USD | +0.0176% | 1h | 206.36 | −0.009% | $194K | $84K | 10x | as long as short |
| Aster SAMSUNGUSDT | +0.0219% | 4h | 206.40 | +0.010% | $105K | $139K | 50x | as long as short |
| Aevo SMSN-PERP | +0.0456% | 1h | 206.49 | +0.054% | $33K | — | 10x | as long as short |
| Kraken Futures PF_SAMSUNGUSD | +0.0809% | 1h | 206.11 | −0.133% | $47K | $16K | 20x | as long as short |
| Aftermath Perps SAMSUNGUSD | +0.3443% | 1h | 206.15 | −0.113% | $816 | $31K | 5x | as long as short |
SoDEX SAMSUNG-USD
Ondo Perps SMSN-USD.P
Pacifica SAMSUNG
KuCoin SAMSUNGUSDTM
ApeX Omni SAMSUNGUSDT
Orderly PERP_SAMSUNG_USDC_mythos
Bitget SAMSUNGUSDT
BloFin SAMSUNG-USDT
Binance SAMSUNGUSDT
Extended SAMSUNG-USD
Aster SAMSUNGUSDT
Aevo SMSN-PERP
Kraken Futures PF_SAMSUNGUSD
Aftermath Perps SAMSUNGUSD