Funding you earn now, next payment 10:00 UTC−0.2249%/8h= −246.3% APRpaid last 24h −0.021%
Price spread now: tradeXYZ against Phemex+0.054%7-day average −0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$1011.014% of the position
Funding, last 7 days+0.078%+$8 on $10k
+Price spread, last 4 days (all we have)−0.245%−$24 · spread now +0.054%, 7d avg −0.075%
=Together, before fees−0.167%+ Points / potential airdroptradeXYZ: Active · farm board−$17 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.129% dearer against Phemex than usual: you sell high and buy low (spread +0.054% now, against its 7-day average of −0.075%): +$13 on $10k if it goes back. Holding the pair costs −$67 a day in funding at the current rate, which eats that in about 5 hours. Mind the row above: over the last 7 days funding on this pair paid +0.078%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.078% in total (about 4.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SAMSUNGUSDT | 203.82 | 0 | get 0.0000% / 8h | 6h 01m | $2.7M | $1.2M | 10x |
| Short | tradeXYZ xyz:SMSN | 203.93 | −0.2249 | pay 0.0281% / 1h | 1m 53s | $47.6M | $53.5M | 10x |
Phemex SAMSUNGUSDT
tradeXYZ xyz:SMSNFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$472.36
- Price spread: +0.054% → −0.075%
- $12.91
- Slippage, 4 orders
- −$71.38
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$560.83
- Costs to cover
- 1.014%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 5 min ago; tradeXYZ: live order book, 11 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, 5 min ago | 5.39 bp | 36.8 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 11 min ago | 0.25 bp | 11.0 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
SAMSUNG on 24 exchanges
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:SMSNshort | −0.2249% | 1h | 203.93 | +0.054% | $47.6M | $53.5M | 10x | |
| Polymarket Perps SAMSUNG-USD | −0.1773% | 1h | 203.95 | +0.064% | $45K | $51K | 10x | as long as short |
| OKX SAMSUNG-USDT-SWAP | −0.1269% | 8h | 203.76 | −0.029% | $5.7M | $23.9M | 25x | as long as short |
| Bybit SAMSUNGUSDT | −0.0445% | 8h | 203.78 | −0.020% | $8.7M | $16.2M | 100x | as long as short |
| Aftermath Perps SAMSUNGUSD | −0.0437% | 1h | 204.08 | +0.125% | $894 | $29K | 5x | as long as short |
| Pacifica SAMSUNG | −0.0297% | 1h | 204.03 | +0.104% | $84K | $24K | 10x | as long as short |
| KuCoin SAMSUNGUSDTM | −0.0258% | 4h | 203.86 | +0.020% | $699K | $325K | 20x | as long as short |
| edgeX SAMSUNGUSDC | −0.0246% | 4h | 204.11 | +0.144% | $251K | $368K | 10x | as long as short |
| Ondo Perps SMSN-USD.P | −0.0216% | 1h | 203.61 | −0.103% | $316K | $120K | 10x | as long as short |
| BloFin SAMSUNG-USDT | −0.0024% | 4h | 204.18 | +0.177% | $324K | $304K | 25x | as long as short |
Polymarket Perps SAMSUNG-USD
OKX SAMSUNG-USDT-SWAP
Bybit SAMSUNGUSDT
Aftermath Perps SAMSUNGUSD
Pacifica SAMSUNG
KuCoin SAMSUNGUSDTM
edgeX SAMSUNGUSDC
Ondo Perps SMSN-USD.P
BloFin SAMSUNG-USDTShow all 24 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SAMSUNGUSDT | 0.0000% | 4h | 203.26 | −0.275% | $106K | $111K | 50x | as long as short |
| Extended SAMSUNG-USD | 0.0000% | 1h | 203.71 | −0.056% | $192K | $44K | 10x | as long as short |
| Binance SAMSUNGUSDT | 0.0000% | 4h | 203.83 | +0.005% | $24.4M | $180.3M | 25x | as long as short |
| Gate SAMSUNG_USDT | 0.0000% | 4h | 203.84 | +0.010% | $12.5M | $30.3M | 75x | as long as short |
| Bitget SAMSUNGUSDT | 0.0000% | 4h | 203.92 | +0.049% | $4.1M | $17.5M | 20x | as long as short |
| SunX SAMSUNG-USDT | 0.0000% | 4h | 203.79 | −0.015% | $984 | $514K | 10x | as long as short |
| Phemex SAMSUNGUSDTlong | 0.0000% | 8h | 203.82 | long leg | $2.7M | $1.2M | 10x | |
| SoDEX SAMSUNG-USD | +0.0050% | 1h | 203.87 | +0.025% | $3K | $3K | 10x | as long as short |
| Orderly PERP_SAMSUNG_USDC_mythos | +0.0077% | 8h | 203.84 | +0.010% | $3K | $432 | 10x | as long as short |
| ApeX Omni SAMSUNGUSDT | +0.0100% | 1h | 203.58 | −0.118% | $5K | $138K | 50x | as long as short |
| Aevo SMSN-PERP | +0.0104% | 1h | 204.02 | +0.100% | $32K | — | 10x | as long as short |
| HTX SAMSUNG-USDT | +0.0543% | 4h | 204.27 | +0.221% | $62K | $104K | 20x | as long as short |
| Kraken Futures PF_SAMSUNGUSD | +0.0953% | 1h | 203.97 | +0.073% | $46K | $15K | 20x | as long as short |
| GRVT SAMSUNG_USDT_Perp | +0.1342% | 4h | 204.36 | +0.265% | $22K | $234K | 10x | as long as short |
Aster SAMSUNGUSDT
Extended SAMSUNG-USD
Binance SAMSUNGUSDT
Gate SAMSUNG_USDT
Bitget SAMSUNGUSDT
SunX SAMSUNG-USDT
SoDEX SAMSUNG-USD
Orderly PERP_SAMSUNG_USDC_mythos
ApeX Omni SAMSUNGUSDT
Aevo SMSN-PERP
HTX SAMSUNG-USDT
Kraken Futures PF_SAMSUNGUSD
GRVT SAMSUNG_USDT_Perp