Funding arb · Price arb /

SAMSUNG

RWAall SAMSUNG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.1166%/8h= +127.7% APRpaid last 24h +0.011%

Price spread now: Phemex against Kraken Futures−0.096%7-day average — · you buy dearer than you sell

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

Long on Kraken Futures Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—needs both histories

Funding pays, the price is against you. Phemex is 0.096% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.096% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 7 hours of funding at the current rate (+$35 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_SAMSUNGUSD	203.82	−0.1166	get 0.0146% / 1h	24m 12s	$46K	$15K	20x
Short	Phemex SAMSUNGUSDT	203.62	0	get 0.0000% / 8h	1h 24m	$2.7M	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against Kraken Futures. 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 Kraken FuturesbpFee PhemexbpOrdersPrice spread, now −0.096%Rate

Funding earned: $244.94
Price spread: −0.096% → 0.000%: −$9.62
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Phemex: 6 bp × 2 orders: −$12
Net: $213.31
Costs to cover: 0.220%
Break-even: 0.9 days

Slippage unknown: Kraken Futures: no order-book sample; Phemex: live order book, 4 min ago. 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 Kraken Futures no order-book sample	—	—	—	—	—
Sell Phemex live order book, 4 min ago	4.91 bp	49.2 bp −$49	doesn't fit	doesn't fit	doesn't fit

Kraken Futures: 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 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
Kraken Futures PF_SAMSUNGUSDlong	−0.1166%	1h	203.82	long leg	$46K	$15K	20x
tradeXYZ xyz:SMSN	−0.0912%	1h	203.34	−0.234%	$43.6M	$47.7M	10x	as long as short
OKX SAMSUNG-USDT-SWAP	−0.0504%	8h	203.60	−0.106%	$6.2M	$22.5M	25x	as long as short
Bybit SAMSUNGUSDT	−0.0399%	8h	203.61	−0.101%	$8.2M	$15.6M	100x	as long as short
Binance SAMSUNGUSDT	−0.0273%	4h	203.68	−0.067%	$25.1M	$166.7M	25x	as long as short
Extended SAMSUNG-USD	−0.0272%	1h	203.60	−0.106%	$192K	$70K	10x	as long as short
GRVT SAMSUNG_USDT_Perp	−0.0266%	4h	203.56	−0.126%	$22K	$202K	10x	as long as short
BloFin SAMSUNG-USDT	−0.0263%	4h	203.46	−0.175%	$341K	$239K	25x	as long as short
Ondo Perps SMSN-USD.P	−0.0262%	1h	203.24	−0.283%	$316K	$253K	10x	as long as short
edgeX SAMSUNGUSDC	−0.0230%	4h	203.48	−0.163%	$250K	$367K	10x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster SAMSUNGUSDT	−0.0224%	4h	203.98	+0.079%	$105K	$115K	50x	as long as short
Polymarket Perps SAMSUNG-USD	−0.0144%	1h	203.52	−0.145%	$45K	$55K	10x	as long as short
KuCoin SAMSUNGUSDTM	−0.0128%	4h	203.43	−0.189%	$556K	$116K	20x	as long as short
Aftermath Perps SAMSUNGUSD	−0.0077%	1h	203.44	−0.187%	$838	$30K	5x	as long as short
Gate SAMSUNG_USDT	0.0000%	4h	203.70	−0.057%	$11.6M	$27.1M	75x	as long as short
Bitget SAMSUNGUSDT	0.0000%	4h	203.76	−0.028%	$4.4M	$15.9M	20x	as long as short
SunX SAMSUNG-USDT	0.0000%	4h	203.52	−0.145%	$1K	$638K	10x	as long as short
HTX SAMSUNG-USDT	0.0000%	4h	203.56	−0.126%	$62K	$114K	20x	as long as short
Phemex SAMSUNGUSDTshort	0.0000%	8h	203.62	−0.096%	$2.7M	$1.2M	10x
SoDEX SAMSUNG-USD	+0.0028%	1h	203.64	−0.086%	$3K	$3K	10x	as long as short
Pacifica SAMSUNG	+0.0100%	1h	203.48	−0.164%	$84K	$15K	10x	as long as short
ApeX Omni SAMSUNGUSDT	+0.0100%	1h	203.99	+0.085%	$5K	$138K	50x	as long as short
Orderly PERP_SAMSUNG_USDC_mythos	+0.0100%	8h	203.64	−0.086%	$3K	$545	10x	as long as short
Aevo SMSN-PERP	+0.0112%	1h	203.57	−0.119%	$32K	—	10x	as long as short