Funding arb · Price arb /

SAMSUNG

RWAall SAMSUNG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0429%/8h= +47.0% APRpaid last 24h +0.132%

Price spread now: HTX against Bybit+0.233%7-day average −0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$14as in the Price arb table

costs, in and out, $10k−$380.380% of the position

Long on Bybit Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.090%+$9 on $10k

Price spread, last 3 days (all we have)−0.185%−$18 · spread now +0.233%, 7d avg −0.008%

Together, before fees−0.095%−$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and HTX is 0.241% dearer against Bybit than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of −0.008%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.090% in total (about 4.7% 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	Bybit SAMSUNGUSDT	205.84	−0.0429	get 0.0429% / 8h	6h 59m	$7.4M	$15.5M	100x
Short	HTX SAMSUNG-USDT	206.32	0	get 0.0000% / 4h	2h 59m	$75K	$132K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Bybit. 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 BybitbpFee HTXbpOrdersPrice spread, now +0.233%Rate

Funding earned: $90.15
Price spread: +0.233% → −0.008%: $24.13
Slippage, 4 orders: −$15.04
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee HTX: 6 bp × 2 orders: −$12
Net: $76.24
Costs to cover: 0.380%
Break-even: 1.1 days

Slippage from Bybit: live order book, 4 min ago; HTX: 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 Bybit live order book, 4 min ago	0.73 bp	8.5 bp −$8	9.5 bp −$95	143.2 bp −$14.3K	doesn't fit
Sell HTX live order book, 6 min ago	3.15 bp	9.2 bp −$9	12.9 bp −$129	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 SAMSUNGUSDTlong	−0.0429%	8h	205.84	long leg	$7.4M	$15.5M	100x
edgeX SAMSUNGUSDC	−0.0403%	4h	206.09	+0.124%	$253K	$413K	10x	as long as short
OKX SAMSUNG-USDT-SWAP	0.0000%	8h	205.78	−0.029%	$6.0M	$23.1M	25x	as long as short
Gate SAMSUNG_USDT	0.0000%	4h	205.91	+0.034%	$7.4M	$21.2M	75x	as long as short
GRVT SAMSUNG_USDT_Perp	0.0000%	4h	206.42	+0.282%	$24K	$155K	10x	as long as short
SunX SAMSUNG-USDT	0.0000%	4h	206.15	+0.151%	$934	$1.1M	10x	as long as short
HTX SAMSUNG-USDTshort	0.0000%	4h	206.32	+0.233%	$75K	$132K	20x
Phemex SAMSUNGUSDT	0.0000%	8h	206.04	+0.097%	$2.7M	$1.3M	10x	as long as short
tradeXYZ xyz:SMSN	+0.0050%	1h	205.78	−0.029%	$43.9M	$46.9M	10x	as long as short
Polymarket Perps SAMSUNG-USD	+0.0050%	1h	206.06	+0.107%	$45K	$78K	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	205.98	+0.068%	$3K	$3K	10x	as long as short
Ondo Perps SMSN-USD.P	+0.0050%	1h	205.84	0.000%	$315K	$272K	10x	as long as short
Bitget SAMSUNGUSDT	+0.0098%	4h	205.99	+0.073%	$3.5M	$13.7M	20x	as long as short
Pacifica SAMSUNG	+0.0100%	1h	205.87	+0.012%	$83K	$55K	10x	as long as short
KuCoin SAMSUNGUSDTM	+0.0100%	4h	205.84	0.000%	$563K	$113K	20x	as long as short
ApeX Omni SAMSUNGUSDT	+0.0100%	1h	205.95	+0.053%	$5K	$141K	50x	as long as short
Orderly PERP_SAMSUNG_USDC_mythos	+0.0100%	8h	205.94	+0.049%	$3K	$488	10x	as long as short
Binance SAMSUNGUSDT	+0.0140%	4h	205.98	+0.068%	$23.8M	$151.4M	25x	as long as short
Extended SAMSUNG-USD	+0.0144%	1h	205.89	+0.024%	$194K	$84K	10x	as long as short
BloFin SAMSUNG-USDT	+0.0172%	4h	205.98	+0.068%	$328K	$217K	25x	as long as short
Aster SAMSUNGUSDT	+0.0178%	4h	205.92	+0.037%	$105K	$144K	50x	as long as short
Aevo SMSN-PERP	+0.0448%	1h	206.12	+0.134%	$33K	—	10x	as long as short
Kraken Futures PF_SAMSUNGUSD	+0.0810%	1h	205.82	−0.008%	$47K	$16K	20x	as long as short
Aftermath Perps SAMSUNGUSD	+0.3159%	1h	205.99	+0.074%	$815	$31K	5x	as long as short