Funding you earn now, next payment 08:00 UTC+0.0126%/8h= +13.8% APRnext payment +$1.26 per $10,000 · paid last 24h +0.131%
Price spread now: Phemex against Bybit+0.034%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$1041.042% of the position
Funding, last 7 days+0.082%+$8 on $10k
+Price spread, last 4 days (all we have)+0.080%+$8 · spread now +0.034%, 7d avg −0.022%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Phemex is 0.056% dearer against Bybit than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SAMSUNGUSDT | 207.19 | −0.0126 | get 0.0126% / 8h | 4h 11m | $7.7M | $15.5M | 100x |
| Short | Phemex SAMSUNGUSDT | 207.26 | 0 | get 0.0000% / 8h | 4h 11m | $2.7M | $1.3M | 10x |
Bybit SAMSUNGUSDT
Phemex SAMSUNGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Bybit. 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
- $26.41
- Price spread: +0.034% → −0.022%
- $5.56
- Slippage, 4 orders
- −$81.2
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$72.24
- Costs to cover
- 1.042%
- Break-even
- 26.2 days
Slippage from Bybit: live order book, 2 min ago; Phemex: live order book, 2 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, 2 min ago | 0.24 bp | 9.0 bp −$9 | 11.3 bp −$113 | 128.2 bp −$12.8K | doesn't fit |
| Sell Phemex live order book, 2 min ago | 1.93 bp | 40.3 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SAMSUNGUSDC | −0.0844% | 4h | 206.93 | −0.126% | $254K | $363K | 10x | as long as short |
| tradeXYZ xyz:SMSN | −0.0576% | 1h | 207.03 | −0.077% | $43.7M | $45.4M | 10x | as long as short |
| Kraken Futures PF_SAMSUNGUSD | −0.0143% | 1h | 206.94 | −0.119% | $47K | $17K | 20x | as long as short |
| Bybit SAMSUNGUSDTlong | −0.0126% | 8h | 207.19 | long leg | $7.7M | $15.5M | 100x | |
| Aftermath Perps SAMSUNGUSD | −0.0017% | 1h | 207.10 | −0.045% | $859 | $31K | 5x | as long as short |
| Aster SAMSUNGUSDT | 0.0000% | 4h | 207.15 | −0.020% | $108K | $131K | 50x | as long as short |
| Extended SAMSUNG-USD | 0.0000% | 1h | 207.22 | +0.014% | $195K | $71K | 10x | as long as short |
| Binance SAMSUNGUSDT | 0.0000% | 4h | 207.22 | +0.014% | $23.9M | $148.3M | 25x | as long as short |
| OKX SAMSUNG-USDT-SWAP | 0.0000% | 8h | 207.04 | −0.072% | $6.1M | $22.3M | 25x | as long as short |
| Gate SAMSUNG_USDT | 0.0000% | 4h | 207.32 | +0.063% | $10.4M | $24.7M | 75x | as long as short |
edgeX SAMSUNGUSDC
tradeXYZ xyz:SMSN
Kraken Futures PF_SAMSUNGUSD
Aftermath Perps SAMSUNGUSD
Aster SAMSUNGUSDT
Extended SAMSUNG-USD
Binance SAMSUNGUSDT
OKX SAMSUNG-USDT-SWAP
Gate SAMSUNG_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SAMSUNGUSDT | 0.0000% | 4h | 207.33 | +0.068% | $4.5M | $14.8M | 20x | as long as short |
| GRVT SAMSUNG_USDT_Perp | 0.0000% | 4h | 207.08 | −0.053% | $24K | $172K | 10x | as long as short |
| SunX SAMSUNG-USDT | 0.0000% | 4h | 207.21 | +0.010% | $953 | $911K | 10x | as long as short |
| HTX SAMSUNG-USDT | 0.0000% | 4h | 207.19 | 0.000% | $70K | $99K | 20x | as long as short |
| Phemex SAMSUNGUSDTshort | 0.0000% | 8h | 207.26 | +0.034% | $2.7M | $1.3M | 10x | |
| Polymarket Perps SAMSUNG-USD | +0.0050% | 1h | 207.16 | −0.014% | $45K | $55K | 10x | as long as short |
| SoDEX SAMSUNG-USD | +0.0050% | 1h | 207.18 | −0.005% | $3K | $3K | 10x | as long as short |
| Ondo Perps SMSN-USD.P | +0.0050% | 1h | 206.99 | −0.097% | $322K | $269K | 10x | as long as short |
| BloFin SAMSUNG-USDT | +0.0058% | 4h | 207.19 | 0.000% | $333K | $220K | 25x | as long as short |
| Pacifica SAMSUNG | +0.0100% | 1h | 207.14 | −0.025% | $86K | $46K | 10x | as long as short |
| KuCoin SAMSUNGUSDTM | +0.0100% | 4h | 207.14 | −0.024% | $567K | $108K | 20x | as long as short |
| ApeX Omni SAMSUNGUSDT | +0.0100% | 1h | 207.07 | −0.058% | $5K | $140K | 50x | as long as short |
| Orderly PERP_SAMSUNG_USDC_mythos | +0.0100% | 8h | 207.16 | −0.014% | $3K | $488 | 10x | as long as short |
| Aevo SMSN-PERP | +0.0240% | 1h | 207.35 | +0.076% | $33K | — | 10x | as long as short |
Bitget SAMSUNGUSDT
GRVT SAMSUNG_USDT_Perp
SunX SAMSUNG-USDT
HTX SAMSUNG-USDT
Polymarket Perps SAMSUNG-USD
SoDEX SAMSUNG-USD
Ondo Perps SMSN-USD.P
BloFin SAMSUNG-USDT
Pacifica SAMSUNG
KuCoin SAMSUNGUSDTM
ApeX Omni SAMSUNGUSDT
Orderly PERP_SAMSUNG_USDC_mythos
Aevo SMSN-PERP