Funding arb · Price arb /

SAMSUNG

RWAall SAMSUNG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.019%

Price spread now: Phemex against HTX+0.015%7-day average −0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$104as in the Funding arb table

Net, price: spread back to 7d avg − costs−$103as in the Price arb table

costs, in and out, $10k−$1051.052% of the position

Long on HTX Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days+0.011%+$1 on $10k

Price spread, last 4 days (all we have)−0.041%−$4 · spread now +0.015%, 7d avg −0.010%

Together, before fees−0.030%−$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.024% dearer against HTX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.010%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX SAMSUNG-USDT	203.27	0	get 0.0000% / 4h	54m 51s	$62K	$100K	20x
Short	Phemex SAMSUNGUSDT	203.30	0	get 0.0000% / 8h	4h 54m	$2.7M	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against HTX. 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 HTXbpFee PhemexbpOrdersPrice spread, now +0.015%Rate

Funding earned: $0
Price spread: +0.015% → −0.010%: $2.43
Slippage, 4 orders: −$81.24
Fee HTX: 6 bp × 2 orders: −$12
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$102.81
Costs to cover: 1.052%
Break-even: never at this rate

Slippage from HTX: live order book, 49 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 HTX live order book, 49 min ago	2.94 bp	10.8 bp −$11	15.9 bp −$159	doesn't fit	doesn't fit
Sell Phemex live order book, 2 min ago	2.46 bp	43.6 bp −$44	doesn't fit	doesn't fit	doesn't fit

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	−0.2577%	1h	203.22	−0.025%	$47.7M	$54.4M	10x	as long as short
Polymarket Perps SAMSUNG-USD	−0.2096%	1h	203.35	+0.039%	$45K	$51K	10x	as long as short
OKX SAMSUNG-USDT-SWAP	−0.1931%	8h	203.34	+0.034%	$5.7M	$24.4M	25x	as long as short
Bybit SAMSUNGUSDT	−0.1068%	8h	203.23	−0.020%	$8.6M	$15.7M	100x	as long as short
Ondo Perps SMSN-USD.P	−0.0989%	1h	203.06	−0.103%	$316K	$120K	10x	as long as short
SoDEX SAMSUNG-USD	−0.0559%	1h	203.30	+0.015%	$3K	$3K	10x	as long as short
KuCoin SAMSUNGUSDTM	−0.0526%	4h	203.39	+0.059%	$696K	$400K	20x	as long as short
edgeX SAMSUNGUSDC	−0.0463%	4h	203.35	+0.039%	$250K	$367K	10x	as long as short
Aftermath Perps SAMSUNGUSD	−0.0337%	1h	203.30	+0.015%	$924	$27K	5x	as long as short
Pacifica SAMSUNG	−0.0149%	1h	203.31	+0.019%	$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	203.41	+0.069%	$12.8M	$30.3M	75x	as long as short
Bitget SAMSUNGUSDT	0.0000%	4h	203.48	+0.103%	$4.2M	$17.8M	20x	as long as short
SunX SAMSUNG-USDT	0.0000%	4h	203.35	+0.039%	$872	$499K	10x	as long as short
HTX SAMSUNG-USDTlong	0.0000%	4h	203.27	long leg	$62K	$100K	20x
Phemex SAMSUNGUSDTshort	0.0000%	8h	203.30	+0.015%	$2.7M	$1.2M	10x
Orderly PERP_SAMSUNG_USDC_mythos	+0.0080%	8h	203.44	+0.084%	$3K	$432	10x	as long as short
ApeX Omni SAMSUNGUSDT	+0.0100%	1h	203.64	+0.182%	$5K	$138K	50x	as long as short
Aevo SMSN-PERP	+0.0104%	1h	203.29	+0.009%	$32K	—	10x	as long as short
Binance SAMSUNGUSDT	+0.0205%	4h	203.39	+0.059%	$24.7M	$183.6M	25x	as long as short
Aster SAMSUNGUSDT	+0.0207%	4h	203.42	+0.075%	$103K	$113K	50x	as long as short
Extended SAMSUNG-USD	+0.0208%	1h	203.31	+0.019%	$191K	$44K	10x	as long as short
BloFin SAMSUNG-USDT	+0.0212%	4h	203.27	0.000%	$316K	$332K	25x	as long as short
GRVT SAMSUNG_USDT_Perp	+0.0424%	4h	203.52	+0.125%	$22K	$249K	10x	as long as short
Kraken Futures PF_SAMSUNGUSD	+0.0428%	1h	203.19	−0.038%	$46K	$15K	20x	as long as short