Funding you earn now, next payment 08:00 UTC+0.0411%/8h= +45.0% APRpaid last 24h +0.011%
Price spread now: Phemex against tradeXYZ+0.149%7-day average +0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$1011.009% of the position
Funding, last 7 days−0.102%−$10 on $10k
+Price spread, last 4 days (all we have)−0.072%−$7 · spread now +0.149%, 7d avg +0.076%
=Together, before fees−0.174%+ Points / potential airdroptradeXYZ: Active · farm board−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Phemex is 0.073% dearer against tradeXYZ than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.076%. Mind the row above: over the last 7 days funding on this pair cost −0.102%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.102% in total (about -5.3% 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 | tradeXYZ xyz:SMSN | 201.70 | −0.0411 | get 0.0051% / 1h | 32m 16s | $43.7M | $48.3M | 10x |
| Short | Phemex SAMSUNGUSDT | 202.00 | 0 | get 0.0000% / 8h | 32m 16s | $2.7M | $1.2M | 10x |
tradeXYZ xyz:SMSN
Phemex SAMSUNGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against tradeXYZ. 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
- $86.24
- Price spread: +0.149% → +0.076%
- $7.27
- Slippage, 4 orders
- −$70.86
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$7.35
- Costs to cover
- 1.009%
- Break-even
- 7.6 days
Slippage from tradeXYZ: live order book, 7 min ago; Phemex: live order book, 1 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 tradeXYZ live order book, 7 min ago | 0.25 bp | 12.4 bp −$12 | 16.8 bp −$168 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 1 min ago | 2.72 bp | 39.5 bp −$40 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT SAMSUNG_USDT_Perp | −0.0904% | 4h | 202.29 | +0.292% | $22K | $207K | 10x | as long as short |
| Binance SAMSUNGUSDT | −0.0890% | 4h | 202.07 | +0.181% | $23.9M | $168.5M | 25x | as long as short |
| Extended SAMSUNG-USD | −0.0888% | 1h | 202.03 | +0.164% | $191K | $69K | 10x | as long as short |
| BloFin SAMSUNG-USDT | −0.0874% | 4h | 202.16 | +0.228% | $334K | $241K | 25x | as long as short |
| edgeX SAMSUNGUSDC | −0.0869% | 4h | 202.15 | +0.223% | $248K | $368K | 10x | as long as short |
| Aster SAMSUNGUSDT | −0.0847% | 4h | 202.37 | +0.332% | $104K | $115K | 50x | as long as short |
| Bitget SAMSUNGUSDT | −0.0484% | 4h | 202.08 | +0.188% | $4.1M | $16.1M | 20x | as long as short |
| OKX SAMSUNG-USDT-SWAP | −0.0476% | 8h | 201.97 | +0.134% | $6.0M | $22.4M | 25x | as long as short |
| KuCoin SAMSUNGUSDTM | −0.0428% | 4h | 202.01 | +0.154% | $551K | $115K | 20x | as long as short |
| tradeXYZ xyz:SMSNlong | −0.0411% | 1h | 201.70 | long leg | $43.7M | $48.3M | 10x |
GRVT SAMSUNG_USDT_Perp
Binance SAMSUNGUSDT
Extended SAMSUNG-USD
BloFin SAMSUNG-USDT
edgeX SAMSUNGUSDC
Aster SAMSUNGUSDT
Bitget SAMSUNGUSDT
OKX SAMSUNG-USDT-SWAP
KuCoin SAMSUNGUSDTMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SAMSUNGUSDT | −0.0384% | 8h | 201.88 | +0.089% | $8.1M | $15.8M | 100x | as long as short |
| HTX SAMSUNG-USDT | −0.0344% | 4h | 202.16 | +0.228% | $62K | $114K | 20x | as long as short |
| Aftermath Perps SAMSUNGUSD | −0.0261% | 1h | 202.03 | +0.165% | $854 | $29K | 5x | as long as short |
| Pacifica SAMSUNG | −0.0234% | 1h | 202.08 | +0.188% | $84K | $15K | 10x | as long as short |
| Ondo Perps SMSN-USD.P | −0.0092% | 1h | 202.09 | +0.193% | $313K | $236K | 10x | as long as short |
| Gate SAMSUNG_USDT | 0.0000% | 4h | 202.02 | +0.159% | $12.0M | $27.7M | 75x | as long as short |
| SunX SAMSUNG-USDT | 0.0000% | 4h | 202.16 | +0.228% | $942 | $597K | 10x | as long as short |
| Phemex SAMSUNGUSDTshort | 0.0000% | 8h | 202.00 | +0.149% | $2.7M | $1.2M | 10x | |
| Polymarket Perps SAMSUNG-USD | +0.0050% | 1h | 201.98 | +0.139% | $45K | $55K | 10x | as long as short |
| SoDEX SAMSUNG-USD | +0.0050% | 1h | 201.98 | +0.139% | $3K | $3K | 10x | as long as short |
| ApeX Omni SAMSUNGUSDT | +0.0100% | 1h | 202.45 | +0.372% | $5K | $138K | 50x | as long as short |
| Orderly PERP_SAMSUNG_USDC_mythos | +0.0100% | 8h | 202.15 | +0.223% | $3K | $545 | 10x | as long as short |
| Aevo SMSN-PERP | +0.0136% | 1h | 201.98 | +0.139% | $32K | — | 10x | as long as short |
| Kraken Futures PF_SAMSUNGUSD | +0.0571% | 1h | 202.16 | +0.226% | $45K | $15K | 20x | as long as short |
Bybit SAMSUNGUSDT
HTX SAMSUNG-USDT
Aftermath Perps SAMSUNGUSD
Pacifica SAMSUNG
Ondo Perps SMSN-USD.P
Gate SAMSUNG_USDT
SunX SAMSUNG-USDT
Polymarket Perps SAMSUNG-USD
SoDEX SAMSUNG-USD
ApeX Omni SAMSUNGUSDT
Orderly PERP_SAMSUNG_USDC_mythos
Aevo SMSN-PERP
Kraken Futures PF_SAMSUNGUSD