Funding arb · Price arb /

SAMSUNG

RWAall SAMSUNG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0939%/8h= −102.8% APRpaid last 24h +0.107%

Price spread now: Polymarket Perps against Bybit+0.103%57s7-day average — · you sell dearer than you buy

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

Long on Bybit Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.516%+$52 on $10k

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

Together, before fees—needs both histories

The price spread pays, funding is against you. Polymarket Perps is 0.103% dearer against Bybit than usual: you sell high and buy low (spread +0.103% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 9 hours. Mind the row above: over the last 7 days funding on this pair paid +0.516%, so the current rate has only just turned against you. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.516% in total (about 26.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SAMSUNGUSDT	203.19	−0.1068	get 0.1068% / 8h	4h 55m	$8.6M	$15.7M	100x
Short	Polymarket Perps SAMSUNG-USD	203.40	−0.2007	pay 0.0251% / 1h	55m 34s	$45K	$51K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.103%Rate

Funding earned: −$197.23
Price spread: +0.103% → 0.000%: $10.34
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$205.9
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 1 min ago; Polymarket Perps: no order-book sample. 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 Bybit live order book, 1 min ago	0.99 bp	11.0 bp −$11	16.8 bp −$168	133.1 bp −$13.3K	doesn't fit
Sell Polymarket Perps no order-book sample	—	—	—	—	—

Polymarket 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	−0.2545%	1h	203.29	+0.049%	$47.7M	$54.9M	10x	as long as short
Polymarket Perps SAMSUNG-USDshort	−0.2007%	1h	203.40	+0.103%	$45K	$51K	10x
OKX SAMSUNG-USDT-SWAP	−0.1931%	8h	203.30	+0.054%	$5.7M	$24.3M	25x	as long as short
Bybit SAMSUNGUSDTlong	−0.1068%	8h	203.19	long leg	$8.6M	$15.7M	100x
Ondo Perps SMSN-USD.P	−0.0989%	1h	203.06	−0.064%	$316K	$120K	10x	as long as short
KuCoin SAMSUNGUSDTM	−0.0526%	4h	203.42	+0.113%	$697K	$400K	20x	as long as short
SoDEX SAMSUNG-USD	−0.0487%	1h	203.25	+0.030%	$3K	$3K	10x	as long as short
edgeX SAMSUNGUSDC	−0.0463%	4h	203.35	+0.079%	$250K	$367K	10x	as long as short
Aftermath Perps SAMSUNGUSD	−0.0337%	1h	203.39	+0.098%	$924	$27K	5x	as long as short
Pacifica SAMSUNG	−0.0149%	1h	203.31	+0.058%	$84K	$23K	10x	as long as short

Show all 24 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SAMSUNG_USDT	0.0000%	4h	203.38	+0.094%	$12.8M	$30.3M	75x	as long as short
Bitget SAMSUNGUSDT	0.0000%	4h	203.42	+0.113%	$4.2M	$17.8M	20x	as long as short
SunX SAMSUNG-USDT	0.0000%	4h	203.35	+0.079%	$872	$499K	10x	as long as short
HTX SAMSUNG-USDT	0.0000%	4h	203.27	+0.039%	$62K	$100K	20x	as long as short
Phemex SAMSUNGUSDT	0.0000%	8h	203.25	+0.030%	$2.7M	$1.2M	10x	as long as short
Orderly PERP_SAMSUNG_USDC_mythos	+0.0080%	8h	203.44	+0.123%	$3K	$432	10x	as long as short
ApeX Omni SAMSUNGUSDT	+0.0100%	1h	203.64	+0.221%	$5K	$138K	50x	as long as short
Aevo SMSN-PERP	+0.0104%	1h	203.35	+0.080%	$32K	—	10x	as long as short
Binance SAMSUNGUSDT	+0.0205%	4h	203.33	+0.069%	$24.7M	$183.5M	25x	as long as short
Aster SAMSUNGUSDT	+0.0207%	4h	203.43	+0.116%	$103K	$113K	50x	as long as short
Extended SAMSUNG-USD	+0.0208%	1h	203.26	+0.033%	$191K	$44K	10x	as long as short
BloFin SAMSUNG-USDT	+0.0219%	4h	203.46	+0.133%	$316K	$331K	25x	as long as short
GRVT SAMSUNG_USDT_Perp	+0.0424%	4h	203.52	+0.164%	$22K	$249K	10x	as long as short
Kraken Futures PF_SAMSUNGUSD	+0.0428%	1h	203.16	−0.017%	$46K	$15K	20x	as long as short