Funding arb · Price arb /

SAMSUNG

RWAall SAMSUNG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0353%/8h= +38.7% APRpaid last 24h −0.149%

Price spread now: Phemex against Aftermath Perps−0.025%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aftermath Perps Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Phemex is 0.025% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread −0.025% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 6 hours of funding at the current rate (+$11 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps SAMSUNGUSD	203.82	−0.0353	get 0.0044% / 1h	44m 21s	$890	$28K	5x
Short	Phemex SAMSUNGUSDT	203.77	0	get 0.0000% / 8h	5h 44m	$2.7M	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against Aftermath 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 Aftermath PerpsbpFee PhemexbpOrdersPrice spread, now −0.025%Rate

Funding earned: $74.14
Price spread: −0.025% → 0.000%: −$2.47
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Phemex: 6 bp × 2 orders: −$12
Net: $50.67
Costs to cover: 0.210%
Break-even: 2.2 days

Slippage unknown: Aftermath Perps: no order-book sample; Phemex: live order book, 2 min ago. Net counts fees only.

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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell Phemex live order book, 2 min ago	1.23 bp	46.5 bp −$46	doesn't fit	doesn't fit	doesn't fit

Aftermath Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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:SMSN	−0.2631%	1h	203.73	−0.044%	$47.8M	$54.2M	10x	as long as short
Polymarket Perps SAMSUNG-USD	−0.2258%	1h	203.76	−0.030%	$45K	$51K	10x	as long as short
OKX SAMSUNG-USDT-SWAP	−0.1447%	8h	203.81	−0.005%	$5.6M	$24.1M	25x	as long as short
edgeX SAMSUNGUSDC	−0.0677%	4h	204.09	+0.133%	$251K	$369K	10x	as long as short
Bybit SAMSUNGUSDT	−0.0515%	8h	203.68	−0.069%	$8.6M	$16.3M	100x	as long as short
Ondo Perps SMSN-USD.P	−0.0354%	1h	203.47	−0.172%	$317K	$120K	10x	as long as short
Aftermath Perps SAMSUNGUSDlong	−0.0353%	1h	203.82	long leg	$890	$28K	5x
KuCoin SAMSUNGUSDTM	−0.0180%	4h	203.89	+0.034%	$698K	$343K	20x	as long as short
SoDEX SAMSUNG-USD	−0.0142%	1h	203.80	−0.010%	$3K	$3K	10x	as long as short
Gate SAMSUNG_USDT	0.0000%	4h	203.84	+0.010%	$12.6M	$30.5M	75x	as long as short

Show all 24 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SAMSUNG-USDT	0.0000%	4h	203.67	−0.074%	$984	$511K	10x	as long as short
Phemex SAMSUNGUSDTshort	0.0000%	8h	203.77	−0.025%	$2.7M	$1.2M	10x
Orderly PERP_SAMSUNG_USDC_mythos	+0.0080%	8h	203.90	+0.039%	$3K	$432	10x	as long as short
Pacifica SAMSUNG	+0.0100%	1h	203.88	+0.029%	$84K	$22K	10x	as long as short
ApeX Omni SAMSUNGUSDT	+0.0100%	1h	204.18	+0.176%	$5K	$138K	50x	as long as short
Aevo SMSN-PERP	+0.0104%	1h	203.83	+0.007%	$32K	—	10x	as long as short
Bitget SAMSUNGUSDT	+0.0252%	4h	203.90	+0.039%	$4.1M	$17.7M	20x	as long as short
Extended SAMSUNG-USD	+0.0472%	1h	203.77	−0.024%	$192K	$44K	10x	as long as short
Binance SAMSUNGUSDT	+0.0472%	4h	203.84	+0.009%	$24.5M	$181.7M	25x	as long as short
Kraken Futures PF_SAMSUNGUSD	+0.0473%	1h	203.75	−0.034%	$46K	$15K	20x	as long as short
Aster SAMSUNGUSDT	+0.0476%	4h	203.88	+0.030%	$106K	$111K	50x	as long as short
BloFin SAMSUNG-USDT	+0.0490%	4h	203.70	−0.059%	$316K	$313K	25x	as long as short
HTX SAMSUNG-USDT	+0.0731%	4h	204.07	+0.123%	$62K	$104K	20x	as long as short
GRVT SAMSUNG_USDT_Perp	+0.1808%	4h	204.22	+0.194%	$23K	$241K	10x	as long as short