Funding arb · Price arb /

SAMSUNG

RWAall SAMSUNG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0387%/8h= −42.4% APRpaid last 24h +0.009%

Price spread now: tradeXYZ against SunX−0.087%7-day average −0.081% · you buy dearer than you sell

Net, funding: paid 7d − costs−$129as in the Funding arb table

Net, price: spread back to 7d avg − costs−$146as in the Price arb table

costs, in and out, $10k−$1461.457% of the position

Long on SunX Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.164%+$16 on $10k

Price spread, last 3 days (all we have)−0.011%−$1 · spread now −0.087%, 7d avg −0.081%

Together, before fees+0.153%+ Points / potential airdroptradeXYZ: Active · farm board+$15 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.081%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.164%, 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 0.164% in total (about 8.5% 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	206.30	0	get 0.0000% / 4h	3h 23m	$972	$1.2M	10x
Short	tradeXYZ xyz:SMSN	206.12	−0.0387	pay 0.0048% / 1h	23m 22s	$44.1M	$46.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against SunX. 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 SunXbpFee tradeXYZbpOrdersPrice spread, now −0.087%Rate

Funding earned: −$81.33
Price spread: −0.087% → −0.081%: −$0.61
Slippage, 4 orders: −$119.7
Fee SunX: 4 bp × 2 orders: −$8
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$227.64
Costs to cover: 1.457%
Break-even: never at this rate

Slippage from SunX: live order book, 10 min ago; tradeXYZ: live order book, 6 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, 10 min ago	45.13 bp	63.3 bp −$63	doesn't fit	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 6 min ago	0.24 bp	9.2 bp −$9	10.4 bp −$104	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	−0.0680%	8h	206.21	−0.044%	$7.3M	$15.3M	100x	as long as short
tradeXYZ xyz:SMSNshort	−0.0387%	1h	206.12	−0.087%	$44.1M	$46.9M	10x
edgeX SAMSUNGUSDC	−0.0218%	4h	206.34	+0.022%	$254K	$467K	10x	as long as short
OKX SAMSUNG-USDT-SWAP	0.0000%	8h	206.13	−0.082%	$6.0M	$24.6M	25x	as long as short
Gate SAMSUNG_USDT	0.0000%	4h	206.25	−0.024%	$7.4M	$22.8M	75x	as long as short
GRVT SAMSUNG_USDT_Perp	0.0000%	4h	206.35	+0.022%	$25K	$156K	10x	as long as short
SunX SAMSUNG-USDTlong	0.0000%	4h	206.30	long leg	$972	$1.2M	10x
HTX SAMSUNG-USDT	0.0000%	4h	206.03	−0.131%	$75K	$133K	20x	as long as short
Phemex SAMSUNGUSDT	0.0000%	8h	206.20	−0.048%	$2.7M	$1.3M	10x	as long as short
Polymarket Perps SAMSUNG-USD	+0.0050%	1h	206.13	−0.082%	$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	206.28	−0.010%	$3K	$3K	10x	as long as short
Ondo Perps SMSN-USD.P	+0.0050%	1h	206.23	−0.034%	$315K	$273K	10x	as long as short
Pacifica SAMSUNG	+0.0100%	1h	206.21	−0.044%	$83K	$55K	10x	as long as short
KuCoin SAMSUNGUSDTM	+0.0100%	4h	206.24	−0.029%	$564K	$113K	20x	as long as short
ApeX Omni SAMSUNGUSDT	+0.0100%	1h	206.47	+0.082%	$5K	$142K	50x	as long as short
Orderly PERP_SAMSUNG_USDC_mythos	+0.0100%	8h	206.32	+0.010%	$3K	$488	10x	as long as short
Bitget SAMSUNGUSDT	+0.0166%	4h	206.38	+0.039%	$3.6M	$13.7M	20x	as long as short
Extended SAMSUNG-USD	+0.0272%	1h	206.25	−0.024%	$194K	$84K	10x	as long as short
Binance SAMSUNGUSDT	+0.0276%	4h	206.34	+0.019%	$23.6M	$153.8M	25x	as long as short
Aster SAMSUNGUSDT	+0.0322%	4h	206.32	+0.010%	$105K	$138K	50x	as long as short
BloFin SAMSUNG-USDT	+0.0330%	4h	206.35	+0.024%	$324K	$218K	25x	as long as short
Aevo SMSN-PERP	+0.0488%	1h	206.43	+0.062%	$33K	—	10x	as long as short
Kraken Futures PF_SAMSUNGUSD	+0.0809%	1h	206.08	−0.108%	$47K	$17K	20x	as long as short
Aftermath Perps SAMSUNGUSD	+0.4737%	1h	205.94	−0.173%	$815	$31K	5x	as long as short