Funding arb · Price arb /

SAMSUNG

RWAall SAMSUNG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.111%

Price spread now: Phemex against Polymarket Perps+0.087%7-day average +0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs−$165as in the Funding arb table

Net, price: spread back to 7d avg − costs−$116as in the Price arb table

costs, in and out, $10k−$1211.207% of the position

Long on Polymarket Perps Short on Phemex

What this pair did over the last

the charts below follow

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%

Together, before fees−0.456%−$46 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Phemex is 0.045% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.087% now, against its 7-day average of +0.042%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.0 days. 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	Polymarket Perps SAMSUNG-USD	206.20	0.0050	pay 0.0006% / 1h	5m 06s	$45K	$101K	10x
Short	Phemex SAMSUNGUSDT	206.38	0	get 0.0000% / 8h	7h 05m	$2.7M	$1.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against Polymarket Perps. 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 Polymarket PerpsbpFee PhemexbpOrdersPrice spread, now +0.087%Rate

Funding earned: −$10.5
Price spread: +0.087% → +0.042%: $4.51
Slippage, 4 orders: −$100.68
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$126.67
Costs to cover: 1.207%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 2 min ago; Phemex: 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 Polymarket Perps live order book, 2 min ago	3.40 bp	8.7 bp −$9	8.8 bp −$88	doesn't fit	doesn't fit
Sell Phemex live order book, 3 min ago	1.70 bp	44.2 bp −$44	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	−0.0521%	8h	206.28	+0.039%	$7.4M	$15.5M	100x	as long as short
tradeXYZ xyz:SMSN	−0.0355%	1h	206.21	+0.005%	$44.0M	$46.9M	10x	as long as short
edgeX SAMSUNGUSDC	−0.0271%	4h	206.28	+0.039%	$253K	$412K	10x	as long as short
OKX SAMSUNG-USDT-SWAP	0.0000%	8h	206.26	+0.029%	$6.0M	$23.3M	25x	as long as short
Gate SAMSUNG_USDT	0.0000%	4h	206.36	+0.078%	$7.4M	$23.0M	75x	as long as short
GRVT SAMSUNG_USDT_Perp	0.0000%	4h	205.98	−0.109%	$24K	$157K	10x	as long as short
SunX SAMSUNG-USDT	0.0000%	4h	206.40	+0.097%	$1K	$1.2M	10x	as long as short
HTX SAMSUNG-USDT	0.0000%	4h	206.28	+0.039%	$75K	$132K	20x	as long as short
Phemex SAMSUNGUSDTshort	0.0000%	8h	206.38	+0.087%	$2.7M	$1.3M	10x
Polymarket Perps SAMSUNG-USDlong	+0.0050%	1h	206.20	long leg	$45K	$101K	10x

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX SAMSUNG-USD	+0.0050%	1h	206.29	+0.044%	$3K	$3K	10x	as long as short
Ondo Perps SMSN-USD.P	+0.0050%	1h	206.03	−0.082%	$315K	$273K	10x	as long as short
Pacifica SAMSUNG	+0.0100%	1h	206.41	+0.102%	$83K	$55K	10x	as long as short
KuCoin SAMSUNGUSDTM	+0.0100%	4h	206.31	+0.053%	$564K	$113K	20x	as long as short
ApeX Omni SAMSUNGUSDT	+0.0100%	1h	205.94	−0.126%	$5K	$142K	50x	as long as short
Orderly PERP_SAMSUNG_USDC_mythos	+0.0100%	8h	206.46	+0.126%	$3K	$488	10x	as long as short
Bitget SAMSUNGUSDT	+0.0110%	4h	206.43	+0.112%	$3.5M	$13.7M	20x	as long as short
BloFin SAMSUNG-USDT	+0.0154%	4h	206.44	+0.116%	$324K	$218K	25x	as long as short
Binance SAMSUNGUSDT	+0.0175%	4h	206.44	+0.116%	$23.8M	$153.1M	25x	as long as short
Extended SAMSUNG-USD	+0.0176%	1h	206.36	+0.078%	$194K	$84K	10x	as long as short
Aster SAMSUNGUSDT	+0.0219%	4h	206.40	+0.097%	$105K	$139K	50x	as long as short
Aevo SMSN-PERP	+0.0456%	1h	206.49	+0.142%	$33K	—	10x	as long as short
Kraken Futures PF_SAMSUNGUSD	+0.0809%	1h	206.11	−0.045%	$47K	$16K	20x	as long as short
Aftermath Perps SAMSUNGUSD	+0.3443%	1h	206.15	−0.026%	$816	$31K	5x	as long as short