Funding arb · Price arb /

SAMSUNG

RWAall SAMSUNG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0184%/8h= +20.1% APRpaid last 24h +0.081%

Price spread now: Aevo against Phemex−0.038%54s7-day average — · you buy dearer than you sell

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

Long on Phemex Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 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. Aevo is 0.038% cheaper against Phemex than usual: you would sell low and buy high (spread −0.038% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 16 hours of funding at the current rate (+$6 a day). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex SAMSUNGUSDT	205.04	0	get 0.0000% / 8h	3h 03m	$2.7M	$1.2M	10x
Short	Aevo SMSN-PERP	204.96	0.0184	get 0.0023% / 1h	3m 22s	$32K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Phemex. 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 PhemexbpFee AevobpOrdersPrice spread, now −0.038%Rate

Funding earned: $38.64
Price spread: −0.038% → 0.000%: −$3.77
Slippage, 4 orders: no order book: not counted
Fee Phemex: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: $6.87
Costs to cover: 0.280%
Break-even: 5.8 days

Slippage unknown: Phemex: live order book, 5 min ago; Aevo: 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 Phemex live order book, 5 min ago	2.20 bp	46.2 bp −$46	doesn't fit	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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_SAMSUNGUSD	−0.1300%	1h	204.69	−0.173%	$46K	$17K	20x	as long as short
edgeX SAMSUNGUSDC	−0.0925%	4h	204.76	−0.138%	$252K	$351K	10x	as long as short
tradeXYZ xyz:SMSN	−0.0660%	1h	204.69	−0.171%	$43.9M	$45.8M	10x	as long as short
Bybit SAMSUNGUSDT	−0.0286%	8h	204.84	−0.098%	$7.6M	$15.1M	100x	as long as short
Aftermath Perps SAMSUNGUSD	−0.0269%	1h	204.73	−0.151%	$876	$31K	5x	as long as short
GRVT SAMSUNG_USDT_Perp	−0.0200%	4h	204.94	−0.051%	$24K	$186K	10x	as long as short
OKX SAMSUNG-USDT-SWAP	−0.0200%	8h	204.78	−0.127%	$6.1M	$22.6M	25x	as long as short
Ondo Perps SMSN-USD.P	−0.0056%	1h	204.54	−0.244%	$318K	$255K	10x	as long as short
Aster SAMSUNGUSDT	0.0000%	4h	204.96	−0.039%	$106K	$122K	50x	as long as short
Extended SAMSUNG-USD	0.0000%	1h	204.85	−0.094%	$193K	$71K	10x	as long as short

Show all 24 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance SAMSUNGUSDT	0.0000%	4h	204.91	−0.063%	$25.1M	$156.1M	25x	as long as short
Gate SAMSUNG_USDT	0.0000%	4h	205.01	−0.015%	$11.2M	$26.1M	75x	as long as short
Bitget SAMSUNGUSDT	0.0000%	4h	205.08	+0.020%	$4.5M	$15.3M	20x	as long as short
SunX SAMSUNG-USDT	0.0000%	4h	204.91	−0.063%	$975	$821K	10x	as long as short
HTX SAMSUNG-USDT	0.0000%	4h	204.72	−0.156%	$67K	$102K	20x	as long as short
Phemex SAMSUNGUSDTlong	0.0000%	8h	205.04	long leg	$2.7M	$1.2M	10x
Polymarket Perps SAMSUNG-USD	+0.0031%	1h	204.80	−0.117%	$45K	$55K	10x	as long as short
BloFin SAMSUNG-USDT	+0.0041%	4h	204.81	−0.112%	$336K	$224K	25x	as long as short
SoDEX SAMSUNG-USD	+0.0050%	1h	204.91	−0.063%	$3K	$3K	10x	as long as short
Pacifica SAMSUNG	+0.0100%	1h	204.84	−0.099%	$85K	$31K	10x	as long as short
KuCoin SAMSUNGUSDTM	+0.0100%	4h	204.92	−0.059%	$561K	$67K	20x	as long as short
ApeX Omni SAMSUNGUSDT	+0.0100%	1h	205.09	+0.024%	$5K	$139K	50x	as long as short
Orderly PERP_SAMSUNG_USDC_mythos	+0.0100%	8h	204.93	−0.054%	$3K	$545	10x	as long as short
Aevo SMSN-PERPshort	+0.0184%	1h	204.96	−0.038%	$32K	—	10x