Funding you earn now, next payment 04:00 UTC−0.0449%/8h= −49.2% APRpaid last 24h −0.036%
Price spread now: Phemex against Binance−0.045%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1181.179% of the position
Funding, last 7 days−0.094%−$9 on $10k
+Price spread, last 2 days (all we have)+0.019%+$2 · spread now −0.045%, 7d avg −0.002%
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Phemex is 0.044% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.002%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.094% in total (about -4.9% 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 | Binance SAMSUNGUSDT | 205.17 | 0.0449 | pay 0.0225% / 4h | 3h 45m | $23.5M | $158.6M | 25x |
| Short | Phemex SAMSUNGUSDT | 205.08 | 0 | get 0.0000% / 8h | 7h 45m | $2.7M | $1.3M | 10x |
Binance SAMSUNGUSDT
Phemex SAMSUNGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Binance. 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
- −$94.34
- Price spread: −0.045% → −0.002%
- −$4.37
- Slippage, 4 orders
- −$95.87
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$216.58
- Costs to cover
- 1.179%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 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 Binance live order book, 12 min ago | 0.24 bp | 6.0 bp −$6 | 10.8 bp −$108 | 40.2 bp −$4,021 | doesn't fit |
| Sell Phemex live order book, 3 min ago | 1.46 bp | 43.9 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 | −0.0508% | 8h | 205.01 | −0.079% | $7.3M | $15.4M | 100x | as long as short |
| tradeXYZ xyz:SMSN | −0.0226% | 1h | 204.94 | −0.114% | $45.3M | $48.1M | 10x | as long as short |
| edgeX SAMSUNGUSDC | −0.0211% | 4h | 205.47 | +0.147% | $253K | $463K | 10x | as long as short |
| OKX SAMSUNG-USDT-SWAP | 0.0000% | 8h | 204.90 | −0.133% | $5.9M | $24.1M | 25x | as long as short |
| Gate SAMSUNG_USDT | 0.0000% | 4h | 205.03 | −0.070% | $7.4M | $22.5M | 75x | as long as short |
| GRVT SAMSUNG_USDT_Perp | 0.0000% | 4h | 205.50 | +0.158% | $24K | $164K | 10x | as long as short |
| SunX SAMSUNG-USDT | 0.0000% | 4h | 205.51 | +0.164% | $995 | $1.3M | 10x | as long as short |
| HTX SAMSUNG-USDT | 0.0000% | 4h | 205.52 | +0.169% | $75K | $132K | 20x | as long as short |
| Phemex SAMSUNGUSDTshort | 0.0000% | 8h | 205.08 | −0.045% | $2.7M | $1.3M | 10x | |
| Polymarket Perps SAMSUNG-USD | +0.0050% | 1h | 205.18 | +0.003% | $45K | $138K | 10x | as long as short |
Bybit SAMSUNGUSDT
tradeXYZ xyz:SMSN
edgeX SAMSUNGUSDC
OKX SAMSUNG-USDT-SWAP
Gate SAMSUNG_USDT
GRVT SAMSUNG_USDT_Perp
SunX SAMSUNG-USDT
HTX SAMSUNG-USDT
Polymarket Perps SAMSUNG-USDShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX SAMSUNG-USD | +0.0050% | 1h | 205.17 | −0.001% | $3K | $3K | 10x | as long as short |
| Ondo Perps SMSN-USD.P | +0.0050% | 1h | 205.41 | +0.116% | $318K | $237K | 10x | as long as short |
| Pacifica SAMSUNG | +0.0100% | 1h | 205.46 | +0.141% | $83K | $55K | 10x | as long as short |
| KuCoin SAMSUNGUSDTM | +0.0100% | 4h | 205.16 | −0.006% | $562K | $114K | 20x | as long as short |
| ApeX Omni SAMSUNGUSDT | +0.0100% | 1h | 205.27 | +0.047% | $5K | $142K | 50x | as long as short |
| Orderly PERP_SAMSUNG_USDC_mythos | +0.0100% | 8h | 205.33 | +0.077% | $3K | $488 | 10x | as long as short |
| Bitget SAMSUNGUSDT | +0.0266% | 4h | 205.22 | +0.023% | $3.7M | $13.7M | 20x | as long as short |
| BloFin SAMSUNG-USDT | +0.0436% | 4h | 205.55 | +0.184% | $315K | $220K | 25x | as long as short |
| Extended SAMSUNG-USD | +0.0448% | 1h | 205.09 | −0.041% | $193K | $99K | 10x | as long as short |
| Binance SAMSUNGUSDTlong | +0.0449% | 4h | 205.17 | long leg | $23.5M | $158.6M | 25x | |
| Aster SAMSUNGUSDT | +0.0487% | 4h | 205.22 | +0.025% | $104K | $161K | 50x | as long as short |
| Aevo SMSN-PERP | +0.0536% | 1h | 205.30 | +0.062% | $32K | — | 10x | as long as short |
| Kraken Futures PF_SAMSUNGUSD | +0.0812% | 1h | 205.35 | +0.088% | $47K | $17K | 20x | as long as short |
| Aftermath Perps SAMSUNGUSD | +0.7124% | 1h | 205.05 | −0.060% | $878 | $31K | 5x | as long as short |
SoDEX SAMSUNG-USD
Ondo Perps SMSN-USD.P
Pacifica SAMSUNG
KuCoin SAMSUNGUSDTM
ApeX Omni SAMSUNGUSDT
Orderly PERP_SAMSUNG_USDC_mythos
Bitget SAMSUNGUSDT
BloFin SAMSUNG-USDT
Extended SAMSUNG-USD
Aster SAMSUNGUSDT
Aevo SMSN-PERP
Kraken Futures PF_SAMSUNGUSD
Aftermath Perps SAMSUNGUSD