Funding you earn now, next payment 08:00 UTC−0.0540%/8h= −59.1% APRpaid last 24h −0.030%
Price spread now: OKX against SunX−0.005%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1421.418% of the position
Funding, last 7 days+0.198%+$20 on $10k
+Price spread, last 4 days (all we have)−0.072%−$7 · spread now −0.005%, 7d avg −0.027%
=The price spread pays, funding is against you. OKX is 0.022% dearer against SunX than usual: you sell high and buy low (spread −0.005% now, against its 7-day average of −0.027%): +$2 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 3 hours. Mind the row above: over the last 7 days funding on this pair paid +0.198%, 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 0.198% in total (about 10.3% a year). A funding rate is set anew for every payment. 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 | SunX SAMSUNG-USDT | 202.50 | 0 | get 0.0000% / 4h | 1h 00m | $1K | $617K | 10x |
| Short | OKX SAMSUNG-USDT-SWAP | 202.49 | −0.0540 | pay 0.0540% / 8h | 1h 00m | $6.2M | $22.2M | 25x |
SunX SAMSUNG-USDT
OKX SAMSUNG-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against SunX. 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
- −$113.38
- Price spread: −0.005% → −0.027%
- $2.18
- Slippage, 4 orders
- −$123.81
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$253.01
- Costs to cover
- 1.418%
- Break-even
- never at this rate
Slippage from SunX: live order book, 32 min ago; OKX: 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 SunX live order book, 32 min ago | 44.92 bp | 63.4 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.23 bp | 7.4 bp −$7 | 8.1 bp −$81 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SAMSUNGUSD | −0.1173% | 1h | 202.70 | +0.099% | $46K | $15K | 20x | as long as short |
| tradeXYZ xyz:SMSN | −0.0761% | 1h | 202.35 | −0.074% | $43.3M | $48.9M | 10x | as long as short |
| GRVT SAMSUNG_USDT_Perp | −0.0708% | 4h | 202.63 | +0.062% | $22K | $205K | 10x | as long as short |
| Extended SAMSUNG-USD | −0.0672% | 1h | 202.53 | +0.012% | $191K | $70K | 10x | as long as short |
| Binance SAMSUNGUSDT | −0.0670% | 4h | 202.59 | +0.044% | $24.6M | $167.2M | 25x | as long as short |
| BloFin SAMSUNG-USDT | −0.0669% | 4h | 202.63 | +0.064% | $339K | $240K | 25x | as long as short |
| Aster SAMSUNGUSDT | −0.0617% | 4h | 203.15 | +0.322% | $105K | $115K | 50x | as long as short |
| OKX SAMSUNG-USDT-SWAPshort | −0.0540% | 8h | 202.49 | −0.005% | $6.2M | $22.2M | 25x | |
| edgeX SAMSUNGUSDC | −0.0486% | 4h | 202.62 | +0.061% | $249K | $369K | 10x | as long as short |
| Bybit SAMSUNGUSDT | −0.0402% | 8h | 202.55 | +0.025% | $8.1M | $15.8M | 100x | as long as short |
Kraken Futures PF_SAMSUNGUSD
tradeXYZ xyz:SMSN
GRVT SAMSUNG_USDT_Perp
Extended SAMSUNG-USD
Binance SAMSUNGUSDT
BloFin SAMSUNG-USDT
Aster SAMSUNGUSDT
edgeX SAMSUNGUSDC
Bybit SAMSUNGUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SAMSUNGUSDTM | −0.0378% | 4h | 202.51 | +0.005% | $553K | $114K | 20x | as long as short |
| Ondo Perps SMSN-USD.P | −0.0342% | 1h | 202.48 | −0.010% | $314K | $237K | 10x | as long as short |
| Bitget SAMSUNGUSDT | −0.0282% | 4h | 202.65 | +0.074% | $4.3M | $16.1M | 20x | as long as short |
| HTX SAMSUNG-USDT | −0.0233% | 4h | 202.82 | +0.158% | $62K | $114K | 20x | as long as short |
| Aftermath Perps SAMSUNGUSD | −0.0147% | 1h | 202.39 | −0.057% | $862 | $30K | 5x | as long as short |
| Gate SAMSUNG_USDT | 0.0000% | 4h | 202.61 | +0.054% | $11.9M | $27.8M | 75x | as long as short |
| SunX SAMSUNG-USDTlong | 0.0000% | 4h | 202.50 | long leg | $1K | $617K | 10x | |
| Phemex SAMSUNGUSDT | 0.0000% | 8h | 202.64 | +0.069% | $2.7M | $1.2M | 10x | as long as short |
| Polymarket Perps SAMSUNG-USD | +0.0011% | 1h | 202.54 | +0.020% | $45K | $55K | 10x | as long as short |
| SoDEX SAMSUNG-USD | +0.0050% | 1h | 202.58 | +0.040% | $3K | $3K | 10x | as long as short |
| Pacifica SAMSUNG | +0.0100% | 1h | 202.58 | +0.040% | $84K | $15K | 10x | as long as short |
| ApeX Omni SAMSUNGUSDT | +0.0100% | 1h | 202.97 | +0.232% | $5K | $138K | 50x | as long as short |
| Orderly PERP_SAMSUNG_USDC_mythos | +0.0100% | 8h | 202.58 | +0.040% | $3K | $545 | 10x | as long as short |
| Aevo SMSN-PERP | +0.0120% | 1h | 202.61 | +0.053% | $32K | — | 10x | as long as short |
KuCoin SAMSUNGUSDTM
Ondo Perps SMSN-USD.P
Bitget SAMSUNGUSDT
HTX SAMSUNG-USDT
Aftermath Perps SAMSUNGUSD
Gate SAMSUNG_USDT
Phemex SAMSUNGUSDT
Polymarket Perps SAMSUNG-USD
SoDEX SAMSUNG-USD
Pacifica SAMSUNG
ApeX Omni SAMSUNGUSDT
Orderly PERP_SAMSUNG_USDC_mythos
Aevo SMSN-PERP